Frederick Community College

            BU103 ONL INTRODUCTION TO BUSINESS

Summer 2009

 

Instructor Information:

 

Name:  Donna J. Lane

Office:   L101F

E-mail: dlane@frederick.edu

Phone Number: 301-846-2603

Secretary:          301-846-2694 

Office Hours: by appointment

Campus Mail Box Number: 133

 

 

Course Information:

 

Credits:           3

Last Day to Drop: July 5, 2009

                                

Prerequisites:  EN50A and EN52 or ESL95 and ESL99

Co-requisites:   None

Meeting Day(s): Internet class

Meeting Time(s): n/a

 

 

Course Description:

           

An introductory study of effective use of planning, organization, and control in the management of an enterprise.  Introduction to finance, personnel and plant management, marketing, and business and government relations.

 

 

Core Learning Outcomes:

 

By the completion of the course students will:

1.      Discuss the major differences between capitalism, socialism, and communism.

2.      Describe how technology has changed business practices.

3.      List the forms of business ownership and identify several advantages and disadvantages of each.

4.      Identify the four functions of management.

5.      Describe the elements of the marketing mix.

6.      Define the functions of human resource management.

7.      Describe the tools of the Federal Reserve and how they impact the economy.

8.      Determine the role of debt and equity to finance a business.

 

 Textbook

 

Understanding Business, Nickels, McHugh, McHugh, 8th Edition, 2008, McGraw-Hill/Irwin ISBN #978-0-07-3105970-0
Optional: Student Assessment and Learning Guide

 

 

 

Evaluation Methods:

 

Tests / Papers / Projects

Point Value

Final Grade Scale

 

4 exams

400

540-600 = A

10  “Net” items

100

480-539 = B

Business interview/paper

25

420-479 = C

15 Current Events Summaries

75

360-419 = D

Total points 

 

 

600

Below 360  = F

 

 

 

Progress Report:  

 

Each student will be made aware of his or her progress in the course by the third week of classes.

 

 

 

Attendance Policy:  

To complete this course successfully you do NOT have to be online at a particular day or time.  However, the course follows a weekly schedule.  Students are expected to complete all the work assigned for a particular week and to observe all test and exam deadlines throughout the term.

 

 

Students with Disabilities
FCC provides reasonable accommodations to otherwise qualified students with disabilities in accordance with the Americans with Disabilities Act of 1990 (ADA) and Section 504 of the Rehabilitation Act of 1973 (Section 504) and amendments.  Students with disabilities who are in need of accommodations must contact the Services for Students with Disabilities (SSD) office at 301-846-2408 (A Building, Room 106A) in order to request and apply for services.  The SSD office will require appropriate documentation of a disability.  Questions related to accommodations or services can be directed to the SSD office.  Additional information related to services can be viewed at the following FCC web page: 
http://www.frederick.edu/student_services/disability.aspx. 

If you currently receive services from the SSD office, please submit your Student Success Plan to me and make an appointment with me to discuss your accommodations and needs in class.  I will hold any information you share with me in strict confidence unless you give me permission to do otherwise.


TOPICAL OUTLINE

 

WEEK

SUBJECT

CONTENT

1

Ch.1 Managing within the Dynamic Business Environment:  Taking Risks and making

 Profits

 

Ch. 2 How Economics Affects Business:  The Creation and Distribution of Wealth

 

 

 

 

Ch. 3 Competing in Global Markets

Entrepreneurship

Business Environment

Evolution of Business

 

Economics and Business

Economic Systems

US Economic System

CURRENT EVENTS #1

INTERVIEW QUESTION

 

Trading in Global Markets

Reaching Global Markets

Trade Protectionism
CURRENT EVENTS #2

NET EXERCISE #1

       

2

Ch. 4 Demonstrating Ethical Behavior and Social Responsibility

 

EXAM 1 (Chapters 1-4)

 

 

 

Ch. 5 Choosing a Form of Business Ownership

 

 

 

 

Ch. 6 Entrepreneurship/Starting a Small Business

 

Managing Business Ethically

Corp. Social Responsibility

International Ethics

CURRENT EVENTS #3

 

3 Basic Forms

Mergers and Acquisitions

Franchises

CURRENT EVENTS #4
NET EXERCISE #2

 

Becoming an Entrepreneur

Getting Started

Managing a Small Business

 

3

Ch. 7 Management, Leadership, and Employee Empowerment

 

 

 

 

 

Ch. 8 Adapting Organizations to Today’s Markets

Functions of Management

Learning Management Skills

CURRENT EVENTS #5

NET EXERCISE #3

 

The Changing Organization

Structuring and Restructuring

Organization models

CURRENT EVENTS #6

BUSINESS PAPER DUE

 

4

Ch. 9 Producing World-Class Goods and Services

 

EXAM 2 (Chapters 5-9)

 

 

 

Ch. 10 Motivating Employees and Building Self-Managed Teams

 

Manufacturing/Services Base

Operations Management

Production Techniques

CURRENT EVENTS #7
NET EXERCISE #4

 

Importance of Motivation

Motivation Theories

Open Communication

CURRENT EVENTS #8
 

5

Ch. 11 Human Resource Management: Finding and Keeping the Best Employees

 

 

 

 

 

 

Ch. 12 Dealing with Employee-Management Issues and Relationships

 

 

 

 

Ch. 13 Marketing: Building Customer Relationships

Finding the Best Employees

Keeping the Best Employees

Laws Affecting HR Mgmt

CURRENT EVENTS #9
NET EXERCISE #5

 

Collective Bargaining

Labor-Mgmt. Conflicts

Controversial Issues

CURRENT EVENTS #10
NET EXERCISE #6

 

Marketing Mgmt. and Mix

Consumer Market

Business-to-Business Market

 

6

Ch. 14 Developing and Pricing Products and Services

 

EXAM 3 (Chapters 10-14)

 

 

 

Ch. 15 Distributing Products Quickly and Efficiently

Product Differentiation

Branding and Brand Equity

Product Life Cycle
CURRENT EVENTS #11
NET EXERCISE #7

 

Marketing Intermediaries

Wholesale and Retail

Nonstore Retailing

CURRENT EVENTS #12

 

7

Ch. 16 Using Effective Promotional Techniques

 

 

 

 

 Ch. 18 Financial Management

 

 

Ch. 19 Securities Markets: Financing and Investing Opportunities

Promotion Mix

Managing the Promotion Mix

CURRENT EVENTS #13
NET EXERCISE #8

 

Financial Planning

Short-Term Financing

Long-Term Financing

 

Debt and Equity Financing

How to Invest

Understanding Information

CURRENT EVENTS #14

NET EXERCISE #9

 

8

Ch. 20 Understanding Money, Financial Institutions, and the Federal Reserve

 

 

Bonus Ch. D (p. 633) Managing Your Personal Finances

 

 

EXAM 4 (Chapters 15, 16, 18-20)

 

 

Control of the Money Supply

American Banking System

Future of Banking

 

Financial Planning

Building Capital

Retirement Planning

 

CURRENT EVENTS #15
NET EXERCISE #10

 

 

 

THE OUTLINE MAY BE CHANGED AT THE DISCRETION OF THE INSTRUCTOR.