Course Outline

ENT321 Venturing in Action

Course Coordinator:Anthony Grace (agrace@usc.edu.au) School:School of Business and Creative Industries

2023Semester 2

UniSC Sunshine Coast

Blended learning Most of your course is on campus but you may be able to do some components of this course online.

Online

Online You can do this course without coming onto campus.

Please go to usc.edu.au for up to date information on the
teaching sessions and campuses where this course is usually offered.

What is this course about?

Description

The future of every community lies in capturing the passion, imagination and resources of its people. Venturing in Action provides you with an in-depth understanding of the processes involved in developing innovation and value to ensure enterprises are sustainable. The value may be in the form of new goods and services, improved processes or opportunities from networks. You will gain experience and confidence through the development of your entrepreneurial potential and skills, by working with local ventures and emerging enterprises to enhance the value that they offer to communities. 

How will this course be delivered?

Activity Hours Beginning Week Frequency
Blended learning
Lecture – Pre-recorded concept videos and associated activity 1hr Week 1 12 times
Tutorial/Workshop 1 – In-class tutorial 2hrs Week 2 11 times
Online
Lecture – Pre-recorded concept videos and associated activity 1hr Week 1 12 times
Tutorial/Workshop 1 – Interactive zoom tutorial 2hrs Week 2 11 times

Course Topics

ENT321 TOPIC LIST

1.Introduction to Venturing in Action [VIA], Team formation and Organisation

2. What is being successful at Venturing in Action

3. Getting a good idea and making your Venture in Action work

4. The basics about marketing you Venture in Action 

5. It is all about building a better Mousetrap

6. Finding team members and building an Entrepreneurial Venture in Action

7. Everything you really need to know about Entrepreneurial Finance

8. How to Grow or not to Grow your Venture in Action

9. Planning: Overview of Plans and Planning

10. Building your assets as you venture

What level is this course?

300 Level (Graduate)

Demonstrating coherence and breadth or depth of knowledge and skills. Independent application of knowledge and skills in unfamiliar contexts. Meeting professional requirements and AQF descriptors for the degree. May require pre-requisites where discipline specific introductory or developing knowledge or skills is necessary. Normally undertaken in the third or fourth full-time study year of an undergraduate program.

What is the unit value of this course?

12 units

How does this course contribute to my learning?

Course Learning Outcomes On successful completion of this course, you should be able to... Graduate Qualities Mapping Completing these tasks successfully will contribute to you becoming... Professional Standard Mapping * Association to Advance Collegiate Schools of Business
1 Analyse an emerging venture holistically to understand the opportunities and challenges of developing a venture. Creative and critical thinker
Ethical
PC1, PC3.1
2 Develop a project management plan to develop relevant deliverables to address the venture opportunities' fit with the entrepreneur, environment and venture operation. Engaged
PC1, PC1.1, PC2, PC2.1
3 Apply the relevant theory and practice needed to implement deliverables within the emerging ventures. Creative and critical thinker
Empowered
PC1, PC1.1, PC3
4 Confidently present, implement and measure the impact of a deliverable for venture sustainability, focused on delivering community benefits. Knowledgeable
Sustainability-focussed
PC1.2, PC3
5 Demonstrate an understanding of effectively managing and working in teams in a business context. Empowered
Engaged
PC2, PC2.1

* Competencies by Professional Body

CODE COMPETENCY
Association to Advance Collegiate Schools of Business
PC1 Communication
PC1.1 Written Communication
PC1.2 Oral Communication
PC2 Collaboration
PC2.1 Teamwork
PC3 Creative and Critical Thinking
PC3.1 Problem Solving

Am I eligible to enrol in this course?

Refer to the UniSC Glossary of terms for definitions of “pre-requisites, co-requisites and anti-requisites”.

Pre-requisites

Not applicable

Co-requisites

Not applicable

Anti-requisites

Not applicable

Specific assumed prior knowledge and skills (where applicable)

It is assumed students will have a basic knowledge of the way enterprises and organisations function and create value for their customers.

How am I going to be assessed?

Grading Scale

Standard Grading (GRD)

High Distinction (HD), Distinction (DN), Credit (CR), Pass (PS), Fail (FL).

Details of early feedback on progress

Formative feedback will be provided through in-class workshop discussions, and rubrics will be used for online written assessments.

Assessment tasks

Delivery mode Task No. Assessment Product Individual or Group Weighting % What is the duration / length? When should I submit? Where should I submit it?
All 1 Oral and Written Piece Group 20%
15 minute presentation. Maximum of 10 powerpoint slides
Week 4 Online Assignment Submission with plagiarism check
All 2 Journal Group 35%
2,000 words Supported by self and peer review
Week 9 Online Assignment Submission with plagiarism check
All 3 Report Individual 45%
2000 words, deliverable artefact and WIL partner report
Week 13 Online Assignment Submission with plagiarism check
All - Assessment Task 1:Holistic analysis of venture
Goal:
To use the Supporting Emerging Enterprises (SEE) or Business Model Canvas (BMC) model to analyse the assigned venture and identify deliverables for enterprise development.
Product: Oral and Written Piece
Format:
This is a group presentation, accompanied by project plan and letter of agreement. Details available on the course Blackboard site.
Criteria:
No. Learning Outcome assessed
1
Holistic analysis of the venture, based on the SEE or BMC model, structured in the presentation
1
2
Demonstrable depth and breadth of understanding of venture development priorities and opportunities
3
3
Critical analysis of team skills and entrepreneur’s skills to achieve priorities
5
4
Clarity, logic and flow of arguments presented, with appropriate verbal and non-verbal presentation skills
1
5
Knowledge and application of effective group processes, through group diary of meetings, attendance and actions.
5
6
Equal contribution of team members to the group, based on self and peer review
5
All - Assessment Task 2:Journal Group process and deliverable(s) progress
Goal:
To demonstrate appropriate group processes to achieve milestones set towards deliverable completion.
Product: Journal
Format:
This is a group assessment. Details of the journal components are provided on the course Blackboard site.This task is being used for measuring assurance of learning towards Association to Advance Collegiate Schools of Business (AACSB) accreditation. The following Program Learning Objective will be assessed:Program Learning Objective 2 - Demonstrate an understanding of effectively managing and working in teams in a business context.
Criteria:
No. Learning Outcome assessed
1
Understanding of the theoretical principles and methods related to the deliverables
3
2
Project planning and weekly progress, using milestones toward useful deliverables for the venture
2
3
Realism of project plan and potential impact and fit of deliverable for the venture
2
4
Reflection on the knowledge and application of group processes, evidenced through self and peer review
5
5
Recognition and acknowledgement of strengths, skills and contributions of team members, evidenced through self and peer review
5
6
Equal contribution of team members to the group, based on self and peer review
5
7
self and peer assessment
5
8
group diary of meetings, attendance and actions
5
All - Assessment Task 3:Report for client Deliverable and implementation
Goal:
To produce an external report for the venture owner (WIL partner) describing the need for, method followed, deliverable as result, and implementation by the client, as well as showcasing the deliverable artefact, which meets their expectations.
Product: Report
Format:
This is an individual assessment, which includes the WIL partner assessment of performance.Details available on the course Blackboard site.
Criteria:
No. Learning Outcome assessed
1
Credibility of research on which deliverable(s) are based
1 4
2
Evidence of quality of deliverable(s) and impact for the venture
1
3
Appropriate analysis and implementation of deliverables
1 3
4
Deliverable met WIL partner’s (venture owner’s) expectations in being useful, relevant and value-adding
2
5
Relevancy of recommendations for future development
3
6
Clarity and professionalism of communication (interpersonal and written)
4

Directed study hours

A 12-unit course will have total of 150 learning hours which will include directed study hours (including online if required), self-directed learning and completion of assessable tasks. Student workload is calculated at 12.5 learning hours per one unit.

What resources do I need to undertake this course?

Please note: Course information, including specific information of recommended readings, learning activities, resources, weekly readings, etc. are available on the course Canvas site– Please log in as soon as possible.

Prescribed text(s) or course reader

Please note that you need to have regular access to the resource(s) listed below. Resources may be required or recommended.

Required? Author Year Title Edition Publisher
Required Alan Carsrud,Malin Brannback 2015 Fundamentals for Becoming a Successful Entrepreneur n/a Pearson FT Press

Specific requirements

Not applicable

How are risks managed in this course?

Health and safety risks for this course have been assessed as low. It is your responsibility to review course material, search online, discuss with lecturers and peers and understand the health and safety risks associated with your specific course of study and to familiarise yourself with the University’s general health and safety principles by reviewing the online induction training for students, and following the instructions of the University staff.

What administrative information is relevant to this course?

Assessment: Academic Integrity

Academic integrity is the ethical standard of university participation.  It ensures that students graduate as a result of proving they are competent in their discipline.  This is integral in maintaining the value of academic qualifications. Each industry has expectations and standards of the skills and knowledge within that discipline and these are reflected in assessment.

Academic integrity means that you do not engage in any activity that is considered to be academic fraud; including plagiarism, collusion or outsourcing any part of any assessment item to any other person.  You are expected to be honest and ethical by completing all work yourself and indicating in your work which ideas and information were developed by you and which were taken from others. You cannot provide your assessment work to others. You are also expected to provide evidence of wide and critical reading, usually by using appropriate academic references.

In order to minimise incidents of academic fraud, this course may require that some of its assessment tasks, when submitted to Canvas, are electronically checked through Turnitin.  This software allows for text comparisons to be made between your submitted assessment item and all other work to which Turnitin has access.

Assessment: Additional Requirements

Your eligibility for supplementary assessment in a course is dependent of the following conditions applying:

The final mark is in the percentage range 47% to 49.4%
The course is graded using the Standard Grading scale
You have not failed an assessment task in the course due to academic misconduct

Assessment: Submission penalties

Late submission of assessment tasks may be penalised at the following maximum rate: 
- 5% (of the assessment task's identified value) per day for the first two days from the date identified as the due date for the assessment task. 
- 10% (of the assessment task's identified value) for the third day - 20% (of the assessment task's identified value) for the fourth day and subsequent days up to and including seven days from the date identified as the due date for the assessment task. 
- A result of zero is awarded for an assessment task submitted after seven days from the date identified as the due date for the assessment task. Weekdays and weekends are included in the calculation of days late. To request an extension you must contact your course coordinator to negotiate an outcome.

SafeUniSC

UniSC is committed to a culture of respect and providing a safe and supportive environment for all members of our community. For immediate assistance on campus contact SafeUniSC by phone: 07 5430 1168 or using the SafeZone app. For general enquires contact the SafeUniSC team by phone 07 5456 3864 or email safe@usc.edu.au.

The SafeUniSC Specialist Service is a Student Wellbeing service that provides free and confidential support to students who may have experienced or observed behaviour that could cause fear, offence or trauma. To contact the service call 07 5430 1226 or email studentwellbeing@usc.edu.au.

Study help

For help with course-specific advice, for example what information to include in your assessment, you should first contact your tutor, then your course coordinator, if needed.

If you require additional assistance, the Learning Advisers are trained professionals who are ready to help you develop a wide range of academic skills. Visit the Learning Advisers web page for more information, or contact Student Central for further assistance: +61 7 5430 2890 or studentcentral@usc.edu.au.

Wellbeing Services

Student Wellbeing provide free and confidential counselling on a wide range of personal, academic, social and psychological matters, to foster positive mental health and wellbeing for your academic success.

To book a confidential appointment go to Student Hub, email studentwellbeing@usc.edu.au or call 07 5430 1226.

AccessAbility Services

Ability Advisers ensure equal access to all aspects of university life. If your studies are affected by a disability, learning disorder mental health issue, injury or illness, or you are a primary carer for someone with a disability or who is considered frail and aged, AccessAbility Services can provide access to appropriate reasonable adjustments and practical advice about the support and facilities available to you throughout the University.

To book a confidential appointment go to Student Hub, email AccessAbility@usc.edu.au or call 07 5430 2890.

Links to relevant University policy and procedures

For more information on Academic Learning & Teaching categories including:

  • Assessment: Courses and Coursework Programs
  • Review of Assessment and Final Grades
  • Supplementary Assessment
  • Central Examinations
  • Deferred Examinations
  • Student Conduct
  • Students with a Disability

For more information, visit https://www.usc.edu.au/explore/policies-and-procedures#academic-learning-and-teaching

Student Charter

UniSC is committed to excellence in teaching, research and engagement in an environment that is inclusive, inspiring, safe and respectful. The Student Charter sets out what students can expect from the University, and what in turn is expected of students, to achieve these outcomes.

General Enquiries

  • In person:
    • UniSC Sunshine Coast - Student Central, Ground Floor, Building C, 90 Sippy Downs Drive, Sippy Downs
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