vcc.ca
OPTC 2420: Business Management for the Entrepreneur
Effective date
May 2022
Department
Optician Diploma
School
Continuing Studies
Description
This course introduces students to the basic business requirements for establishing and running a small business. Students will learn core skills through investigating the concepts of time management, human resources, inventory control, legislation and regulations, problem solving, and conducting industry and/or product research.
Credits
2.5
Year of study
2nd Year Post-secondary
Prerequisites
OPTC 2310.
Corequisites
None
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Create a business plan that would support the successful establishment and operation of a small business
- Comply with labour legislation, collective agreements and organizational polices in the management of the performance of others
- Discuss the hiring, training, and performance management of staff
- Describe confidential and effective record keeping methods
- Apply principles of inventory management to the coordination of purchasing, receiving, and storage of appropriate inventory
- Discuss accounting, bookkeeping, and billing systems in adherence to legislation and regulations
- Apply an organized problem-solving approach to business issues
- Apply principles of ethical marketing and advertising practices
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 40
Total Hours: 40
Total Hours: 40
Instructional Strategies
Classroom based delivery with lecture, small group discussions, readings, case studies, and assignments.
Grading System
Letter Grade (A-F)
Passing grade
B- (68%)
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Assignments |
35 |
Business Plan |
|
Assignments |
35 |
Human Resource Plan |
|
Quizzes/Tests |
20 |
Quiz |
|
Participation |
10 |
Class participation based on rubric |
Course topics
- Business concepts Marketing research Marketing plan Products and Services Management and human resource plan Financing Writing business plans Working with creditors Human resource management (staff hiring, training, evaluation) Strategies for efficient workflow Record keeping (documenting patient information, releasing patient information, record retention) Inventory control (frame and contact lens inventory management process, non-consumable assets) Legislation and regulations (patient confidentiality Standards of Practice) Problem solving business issues Accounting, bookkeeping & billing procedures Referral process Workplace safety
Learning resources
Resources are items in addition to tuition that the student is responsible for purchasing. Course resource
information will be supplied by the department/instructor.
information will be supplied by the department/instructor.
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/. - To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.