ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Venture Dynamics: Buying, Building and Selling Enterprises
Code ULMS549
Coordinator Prof R Ragozzino
Strategy, IB and Entrepreneurship
R.Ragozzino@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 Level 7 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 12

12

        24
Timetable (if known) 120 mins X 1 totaling 12
 
120 mins X 1 totaling 12
 
         
Private Study 126
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Group Report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): 1  -1000 words    30       
Individual Report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): 1  -3500 words    70       

Aims

Develop knowledge and understanding of multi-level processes affecting performance of formal organisations of all sizes;

Become familiar with cutting-edge practices affecting the dynamism of both the SME and MNE landscape;

Understand how an enterprise economy relies on enterprises changing hands to flourish;

Serve as an intellectual and practical platform for participants to proceed to further modes of study;

The financial and legal focus in this module will help develop students’ enterprising capabilities.


Learning Outcomes

(LO1) Explain why a buoyant business transfer market is fundamental to an entrepreneurial economy;

(LO2) Elaborate on the theoretical and practical linkages between organisational succession and factors of the environment impacting corporate performance;

(LO3) Diagnose weaknesses in a firm’s selling proposition and identify areas of improvement;

(LO4) Identify which tools and techniques can be used to increase an enterprise’s valuation and what depreciates a valuation too using methodological research and objective decision making;

(LO5) Diagnose industrial sectoral changes and appreciate alternative choices and approaches for managing resources and processes within organisations.

(S1) Communication Skills: Students will have opportunities to develop written and oral communication skills through group discussions, in-class presentations and coursework. This will be assessed via the group and individual assessments.

(S2) Problem Solving and Decision Making: Students will be challenged to think critically about organisational issues and dilemmas. They will do this by gathering and synthesising information, analysing alternative perspectives and options and presenting a considered opinion or course of action in their course assessment.

(S3) Numeracy Skills: Students will learn financial and statistical techniques. These are developed as part of the modules covering finance and research methods. Students will have the opportunity to analyse and use financial and statistical data to support business decisions through their course work and on appropriate assignments.

(S4) Information and Communication Technology Skills: Students will have opportunities to improve their ICT skills. Students will demonstrate skills in the use of software applications including word processing, visual presentations, data bases, spreadsheets and using the internet for information searches in the course of researching and presenting coursework.

(S5) Group Working Skills: Some assessed work and in class assignments for students will require them to work in groups and manage the interaction and relationships with other group members. In doing so, they will gain experience in negotiation, persuasion, influencing and managing conflict. This will be assessed as part of group assignments.

(S6) Personal Effectiveness: This applies to all modules where students will be encouraged to think critically about theory and practice and to challenge and critique assumptions about the management of people and organisations. In doing so they will be able to recognise and consider issues such as ethical dilemmas, corporate social responsibility, organisational values, leadership approaches and styles. This will be assessed through attaining the appropriate level of critical engagement with theory and practice in programme assignments.

(S7) Time management. This applies to all modules of the programme and is relevant for planning scheduled work and meeting assessment deadlines. This will be evident in the students’ independent management of their assignments and coursework and by meeting coursework deadlines.


Teaching and Learning Strategies

Lectures x 12 hours (six x 2 hour lectures)

Seminars x 12 hours (six x 2 hour seminars)

Self-directed learning x 126 hours


Syllabus

 

Entrepreneurship – more than just start-ups;

Global dynamism of enterprises;

Business history – how businesses have changed hands over time;

Family business focus – succession issues and selling the family name;

Due diligence for buyers and sellers;

Putting a price on ‘goodwill’ in a ‘going concern’.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.