Business
12 - Introduction to Business

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Survey of the private enterprise system and basic business concepts, business economics, types of business ownership, ethics, globalization, and organizational functions (management, marketing, accounting, and finance). 3 hours.back to top
Upon completion of this course, the student should be able to:
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- identify the impact that various components of modern society (economic, legal, political, sociocultural, and technological) have on modern businesses;
- relate business concepts to business decisions;
- define alternatives involved in establishing a business firm within the free enterprise system;
- distinguish between ethical and unethical business practices;
- contrast various economic systems;
- discuss advantages/disadvantages of globalization and its impact on the business world;
- describe how technology changes the business world, including the impact on human relations in the workplace;
- demonstrate knowledge of main business terms in the management, marketing, finance and accounting fields of business administration;
- relate modern management techniques to theories of motivation, leadership, delegation, empowerment, and team work;
- 10.describe marketing as an exchange process between members of society;
- 11.list and describe major financial institutions in the United States and their impact on the U.S. economy;
- 12.define accounting cycle, general ledger, general journal, and financial statements;
- 13.describe various careers within the business administration field.
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Grade Structure* |
Points |
Grades |
|
Internet Assignments: 6*15 pts |
90 |
A > 90% |
|
Pretests: 15*5 pts |
75 |
B = 80-89.9% |
|
Exams: 5*75 pts each (only 4 will be counted, everyone takes final) |
300 |
C = 70-79.9% |
|
Participation |
20 |
D = 60-69.9% |
Total Points |
485 |
F < 60% |
back to top* Instructor reserves a right to change the grading structure. There will be some extra credit assignments for all students present in class at the time.