This survey course assumes no prior study of business. Emphasis is on business terminology and the environments in which business functions. Topics covered include an overview of forms of business ownership, internal organization, structure, management functions, marketing and finance activities, labor unions, production, insurance, and government as it relates to business. Students will prepare a business plan. Prerequisite: None.

The general characteristics of a business, its role in society, and the objectives of business enterprise. All functional areas of a business are covered, in the context of both established businesses and entrepreneurial ventures. Fall and spring semesters. Juniors and seniors majoring in Business Administration will not receive credit for the course.