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Entrepreneurship

Additional course materials

Course developer

Course abstract

Students gain knowledge about the nature of business, business environment, innovative, small, and medium-sized business, forms of commercial activity. Is competent in the use of capital and investment in business. Acquires skills for starting a business, planning, and organizing the company's activities.

Learning outcomes and their assessment

Knowledge.
1. Knows the nature of business, understands concepts - practical work, test.
2. Have knowledge of business principles, legal norms, analyse the situation and solve business problems in Latvia - situation analysis, assessment.
3. Learned the theoretical foundations and understand business processes; have the knowledge to perform the necessary actions for starting and developing a business - practical and independent work.
Skills.
1. Skills to assess the company's operating environment and its influencing factors - practical and independent work.
2. The ability to explain and reasonably discuss the business environment, medium and small businesses, as well as the company's development cycle - discussion in class, test.
3. Able to use theoretical knowledge about business and justify the goals of the company - practical work, test, test.
4. Able to rationally organize work in the company - practical work.
5. Able to explain and discuss the operation of the company - discussion in class.
6. Able to justify and express conclusions about business, offer solutions - independent and practical works.
Competence.
1. Can explain and present the result of his work in an argumentative manner - independent and practical works.
2. Able to critically analyse business processes and justify decisions - assessment.

Course Content(Calendar)

1. In full-time face-to-face studies:
1. Nature of business, commercial activity (lecture – 1 hour).
2. Business environment and its characteristics, analysis (lecture – 1 hour; practical work – 1 hour).
3. Legal basis of entrepreneurship and commercial activity (lecture – 1 hour; practical work 1 hour).
4. Forms of commercial activity, European commercial companies (lecture – 1 hour; practical work – 1 hour).
5. Life cycle of the company, development opportunities (lecture – 1 hour).
6. Small (micro) and medium business (lecture – 1 hour).
7. Product idea and product planning (lecture – 1 hour; practical work – 2 hours).
8. Market, target market of the company (lecture – 1 hour; practical work – 2 hours).
9. Starting a business and establishing a company (lecture – 1 hour; practical work – 2 hours).
10. Company reorganization (lecture – 1 hour).
11. Company insolvency and insolvency solutions (lecture – 1 hour; practical work – 1 hour).
12. Risks in business (lecture – 1 hour; practical work – 1 hour).
13. Basics of company activity planning (lecture – 2 hours; practical work – 2 hours).
14. Strategic planning of the company (lecture – 1 hour; practical work – 1 hour).
15. Tactical and operational planning of the company (lecture – 2 hours; practical work – 2 hours).
16. Business plan, goals, and objectives of the company (lecture – 1 hour; practical work – 2 hours).
17. Company financing sources (lecture – 1 hour; practical work – 1 hour).
18. Investments and their importance in business (lecture – 1 hour; practical work – 1 hour).
19. Evaluation of the company's economic activity (lecture – 1 hour; practical work – 2 hours).
20. Innovations in business (lecture – 1 hour).

In part-time correspondence studies: all topics specified in full-time correspondence studies are implemented, but the number of contact hours is ½ of the specified number of hours.

Requirements for awarding credit points

At the end of the study course, a final test is written. Taking the test is allowed for students who successfully complete practical and independent tasks during the study course and successfully write 2 tests during the semester.

Description of the organization and tasks of students’ independent work

Studies of study course materials and literature.
Preparation of practical and independent works.
Preparation for tests and a test with a grade.

Criteria for Evaluating Learning Outcomes

Passing with a mark.
The assessment consists of:
• 30% independent and practical works;
• 20% test 1 (topics 1-10);
• 20% test 2 (topics 11-20);
• 30% final assessment with a grade.
10% corresponds to one point on the 10-point study results evaluation scale.

Compulsory reading

1. Uzņēmēja rokasgrāmata. Sast. G. Pelša, I. Ruperte. Rīga: Jumava, 2009. 376 lpp. Ir LBTU FB 1eks.
2. How to Plan Business? A.Muška, L.Paula, L.Līcīte, D.Popluga. In: Entrepreneurship in Rural Areas Through the Production and Exploitation of Medical and Aromatical plants: manual. Jelgava, 2018. 130.-258. lpp. Ir LBTU FB 6 eks.
3. Neilande J. Komersanta ABC. Rīga: Apgāds Zvaigzne ABC, 2013. 270 lpp. Ir LBTU FB 5 eks.
4. Leibus I. Pirmie soļi komercdarbībā: darbības uzsākšana, grāmatvedība un nodokļi. Rīga: Lietišķās informācijas dienests, 2016. 152 lpp. Ir LBTU FB 6 eks.
5. Komerclikums: LR likums [tiešsaiste]. Pieņemts 13.04.2000. Stājas spēkā: 01.01.2002. [Skatīts 11.10.2023]. Pieejams: https://likumi.lv/ta/id/5490-komerclikums.
6. Maksātnespējas likums: LR likums [tiešsaiste] Pieņemts: 26.07.2010. Stājas spēkā: 01.11.2010. [Skatīts 11.10.2023]. Pieejams: https://likumi.lv/ta/id/214590-maksatnespejas-likums.

Further reading

1. Forants I. Menedžmenta mazā enciklopēdija. Rīga: Latvijas Izglītības fonds, 2018. 488 lpp.
2. Vīksna A., Baroniņa R. Mani septiņi soļi biznesa uzsākšanai. Rīga: Lietišķās informācijas dienests, 2009. 112 lpp. Ir LBTU FB 1eks.
3. Geipele S. Nekustamā īpašuma tirgus attīstības vadīšanas sistēma Latvijā. Rīga: RTU izdevniecība, 2015. 228 lpp. Nav LBTU FB.

Periodicals and other sources

1. Dienas Bizness nedēļas laikraksts. Latvijas Biznesa avīze. Rīga: Diena, Dagens Industri, 1992. ISSN 1407-2041. E-versija: https://www.db.lv/.
2. Forbes. Biznesa žurnāls. Rīga: SIA Business magazine, 2019. ISSN 1691-6018.

Notes

Professional higher education bachelor's study program "Land surveying and surveying" full-time on-site studies and part-time studies