SM9637 - Business Failure

Module abstract

Becoming a successful entrepreneur, launching and growing businesses usually involves significant experimentation. This means many business ideas would disappoint, come to nothing, or fail, with only a few turning into commercial winners. Understanding business failure, stigma which comes with it, and knowing how to communicate and deal with it, is an essential skill of any entrepreneur. In highly volatile and unpredictable world of today, where business closure occurs not only as part of experimentation, but also as a result of unexpected global events, understanding business failure and responsible closure is rapidly becoming a rather important and valuable skill.

This module will help you understand business failure through innovative research-led content, case studies and by hearing from experienced entrepreneurs. You will gain skills and tools to spot the early signs of failure, to understand your legal, social and moral responsibilities as business owner, and to learn how to powerfully reflect on lessons for the future.

Course info

UCAS Code N150

Credits 20

Level of Study Undergraduate

Mode of Study 3 years full-time or 4 year sandwich

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start September 2022 or September 2023

Fee Information

Module Information

All information on this course page is accurate at the time of viewing.

Our Campus based courses starting in 2022 and 2023 will be delivered on-campus with supporting online learning content. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to adjust the delivery of our education accordingly to ensure the health and safety of our students and staff.

On-campus contact time is subject to increase or decrease in line with any additional restrictions, which may be imposed by the Government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors. This could potentially mean increased or fully online delivery, should such restrictions on in-person contact time be required.


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