TMGT 2520 - Transportation Economics and Finance

Institution:

Dakota County Technical College

Subject:

Description:

Students are introduced to basic accounting principles and how to navigate the balance sheet and income statement at both the dealership and department level. Students learn how to interpret and analyze financial statements to identify performance improvement opportunities. Students will explore new vehicle profitability, used vehicle management, digital marketing, and showroom control. Students will also understand how dealer profitability is directly related to asset management-our employees, our customers, and our inventory. Students learn how processes in customer interaction and retention, F&I, leasing, and compensation plans affect profitability. Students will be further challenged to evaluate traditional automotive strategies and analysis in the contest of retailing in the internet age.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.dctc.edu/

Phone Number:

(651) 423-8301

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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