MGC3250 - Management in small firms - 2017

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business and Economics

Organisational Unit

Department of Management


Dr Tui McKeown

Unit guides



  • Second semester 2017 (Day)


This unit examines the role and nature of small firms in industrial economies, including types of ownership and structures and the types of people who own and manage them. It also examines entrepreneurs and entrepreneurial behaviour, family firms and the trend for women to leave large firms to start up their own business. Issues of managerial planning and skills are also discussed, particularly as they relate to the management of people at work.


The learning goals associated with this unit are to:

  1. explain the role of small and medium sized enterprises (SMEs) in the Australian economic context
  2. identify and explain the contemporary public policy framework in which SMEs operate
  3. describe and explain the different forms of SME ownership structures and the issues associated with each type
  4. identify and explain the practical implications of business planning and the managerial skills needed to successfully operate a SME.


Within semester assessment: 60% + Examination: 40%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)