The term ‘small enterprise’ is a bit of a misnomer because the definition of small business can differ from nation to country. However, the very fact remains that 96% – ninety eight% of all new businesses registered worldwide are classed as small companies. This signifies that small businesses play a key role in the generation of economic exercise in international locations worldwide!
Small companies are crucial due to the position they play in helping to generate employment and encourage shopper spending. An enterprise with fewer than 10 staff or a company that generates a low level of income per 30 days is taken into account a small enterprise. Many folks don’t realise that small businesses are really enormous engines of development for the economy.
The course is taught by means of a series of lectures (which are additionally out there as on-line assets), seminars, scholar shows and interactive group work. Computer laboratory teaching offers you sensible experience using software program packages to develop statistical and econometric abilities which are formatively assessed by computer-based mostly exercises.
Business Economics (15 credit) – This module offers a basis in the core areas of enterprise economics and the application of financial theories and tools to real-world business problems and policy points. Underpinned by core microeconomics , this module provides a set of financial instruments and applies the most recent considering in economics to analyse financial coverage and enterprise situations.
Whilst the University will make every effort to offer the modules listed, changes may generally be made arising from the annual monitoring, evaluate and replace of modules and common (five-yearly) evaluate in fact programmes. Where this exercise leads to significant (however not minor) modifications to programmes and their constituent modules, there’ll normally be prior session of scholars and others. It can also be potential that the University could not be able to supply a module for reasons outside of its control, such because the sickness of a member of employees or sabbatical go away. Where that is the case, the University will endeavour to tell students.