BUS 1101 - Introduction to Business in Society

Managing people and production: 20%

Organizing and starting a business: 15%

Managing financial resources: 15%

Marketing management: 15%

Managing technology and information: 15%

Learning Outcomes
Discuss the importance of empowerment teamwork and communications in business

Identify the historical foundation of American business

Explain the role of management, management functions and management styles

Recognize the opportunities and challenges of starting and operating one’s own business

Explain the role of supply and demand in an economy

Explain the importance of international trade, major trading mechanisms, trade barriers and government’s role

Explain the major concepts of the functional areas of business, including: human resource management; production; marketing; finance; risk management; and information management, including accounting

Identify some of the economic challenges facing business

Explain the basic concepts of financial management

Explain the development of the labor movement and its relationship with management

Explain the elements, opportunities and challenges of e-commerce

Recognize key ethical and social responsibility issues facing business

Identify the structure and role of proprietorships, partnerships and corporations

Discuss the types and roles of financial institutions

Explain major forms of departmentalization and types of organization structure

Explain the structure and use of a balance sheet, income statement, and statement of cash flows

Explain the main types of marketable securities, and the role and operation of securities markets