Entrepreneurship solutions to world poverty

KISII UNIVERSITY

 SCHOOL OF BUSINESS AND ECONOMICS

COURSE OUTLINE FOR BEAM 321: ENTREPRENEURAL SOLUTIONS TO WORLD POVERTY

Contact Hours: 45 HRS

LECTURER: DR. NYAKAGWA NAPHTALI ONGAGA

Sept. – Dec 2024

     

PURPOSE OF TEACHING THIS UNIT IS TO ENABLE THE LEARNER TO;

·         Develop right innovative entrepreneurial practices that open new ventures, markets, products and technology to solve poverty issues in the world.

·         Comprehend and apply various conceptualizations of poverty, vulnerability and social exclusion, analyze multidimensional manifestations of poverty, and have an insight into the position of women and children as vulnerable groups.

·         Identify alternative strategies, policy interventions and innovative responses aimed at eliminating poverty on the basis of principles of gender justice and social and economic justice.

Course content:

WEEK

TOPC

SUB-TOPIC

1

Introduction:

·        World poverty

·         Business development in low income nations.

·         Strategies of reducing poverty worldwide.

·         Causes of poverty

·         Contributions of small businesses to developing economies. increases social wealth by creating new markets, new industries, new technology, new institutional forms, new jobs ... 

·         Introduction of new products and services to the market, which can lead to increased competition, job creation, and economic growth.

2 & 3

Ways of job creation and reduction of poverty

·        Definition of job creation

·        Primary source of job creation

·        Outline ways of large-scale job creation projects and their constraints

·        How to create jobs in Africa

·        Globalization and job creation

4 to 6

Exploitation of opportunities for businesses to earn profits

·        Approaches to opportunity recognition

·        Stages of opportunity recognition

·        Exploitation strategies

·        How businesses can exploit consumers

·        Effects of exploitation

7

Provision of goods and services that improve the lives of the poor

·        Entrepreneurial methods of creating new economic opportunities

·        Turning problems into opportunities

8

The nature, discovery and exploitation for new ventures

·         Entrepreneurial  decisions

9&10

VISITING successful entrepreneurial

Students prepare questionnaire to guide them during visitation

11&12

EXAMS

 

                                                                                                                               

MODE OF DELIVERY;

  • Lecture method/Discussions/Class presentations

COURSE EVALUATION

Course grades will be determined as follows;

  • Sit-in, quizzes, class presentation and assignments (30%) & End of semester exam (70%) totalling 100%

COURSE POLICY

Class attendance is absolutely essential as stipulated by SOBE class attendance guidelines. All missed classes will be noted. Habitual lateness and leaving class early, for whatever reason will be noted as evidence of low course commitment. Class members should make an effort to learn from each other and participate actively in class discussion.

Core reference materials;

1.      Entrepreneurship: Theory, process and practice Kuratko, D.F. 2011;

2.      Strategic planning in Education: Concepts and Methods- Gwang Chol Chang (2008)

Recommended reference materials

1.      J. McGee et al (2020) STRATEGY: Analysis and Practice, New Ed, McGraw- Hill, London

2.       Current books, journals and periodicals.


International Marketing for business

Business ethics