CDBS 126 - Buzz on Biz

Institution:

West Virginia Northern Community College

Subject:

Career Devel: Business Science

Description:

An entrepreneurial course designed for high school students to help them gain an understanding of basic business skills. It will explore the topics and details of owning and operating a business such as understanding why businesses fail or succeed, customer relations, the differences between retail, service and manufacturing businesses, the pros and cons of start-up options including creating, buying, franchising and joining a family business. Students will develop an understanding of the importance and relevance of market research and analysis, identify direct, indirect and future competition and analyze the customer using demographic and psychographic information. We'll cover business legal structures, key regulatory taxation issues, business management and employee relation issues and various forms of financing. The student will gain an understanding of how accounting and financial matters relate to overall daily business operations by developing a sales forecast, expense budgets and assumptions, assembling data and preparing a one-year, monthly cash flow projection and identify start-up costs.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.wvncc.edu/

Phone Number:

(304) 233-5900

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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