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Course Criteria
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1.00 Credits
Focuses on the managerial aspects of open source software, rather than on the technical aspects. Open source software is also known as free software. The course title presents the paradox central to this course. For-profit firms invest in open source software, which is by its very nature available at no charge. (Indeed, many prefer that the software be described as "free" rather than as "open source.") Why do firms such as IBM and Red Hat make these investments Related to the managerial issue of profitability are issues such as intellectual property, human motivation, and freedom itsel
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1.00 Credits
Describes how to present a credible story to potential financiers, the practices used to judge the financiability of a venture, the characteristics of successful deals, and the potential sources of funding. Finding money to launch a new venture without giving away too large an interest is a daunting task for the entrepreneur. This is particularly true in today's economy. Yet even in times such as these, there are a variety of ways to secure the funds necessary to undertake a new venture. Involves readings and case discussion. Angel financiers and venture capitalists may join the discussion, providing participants with an opportunity to interact with those who make funding decisions.
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1.00 Credits
Focuses on the strategic side (as opposed to the administrative side) of human resource management. Covers some basic principles of selection, training, and compensation and illustrates some "best-practices" companies that use HRM for competitive advantage.
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1.00 Credits
Looks at the business environment from a systems approach where all market components are closely linked but also coevolving. Today's business managers face a world that is more dynamic and more uncertain than ever before. Utilizes the "Beer Game," a management flight simulator that focuses on the dynamics of the supply chain and the managerial decisions that affect the overall supplier-manufacturer-customer relationship, so that managers may experience the long-term consequences of their actions. Also focuses on complexity theory based on the recent explorations in adaptive and emergent systems as an offshoot of chaos theory. Covers the effects of social networks on the marketplace, the concept of increasing returns (as opposed to diminishing returns), and the role of network externalities in the diffusion of new products
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1.00 Credits
Covers the role of the mediator, basic steps and principles of mediation, dealing with difficult emotional conflicts that arise in mediation, and ethical dilemmas in mediation. Increasingly, organizations are trying to resolve difficult conflicts through mediation and are asking managers to develop their mediation skills. Conflicts are common in today's organizations, especially with various "rights" being supported by both the courts and other kinds of pressure. Organizations are also becoming flatter, which adds to the potential for conflict as hierarchy decreases in importance. The costs of unresolved conflicts can be immense in terms of loss of organizational and individual effectiveness, dysfunctional behavior, and costly and painful litigation
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1.00 Credits
Reviews what the experts have said about what it takes to be considered a great company and what enables a company to achieve this greatness. Analyzes, through case studies, a few highly admired (great) companies. Students study how they do it; i.e., what organizational practices seem to account for their success. Gives students the opportunity to clarify their view of what defines and makes a great company and to increase their knowledge of the principles and practices of some great companies.
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1.00 Credits
Focuses on the similarities and differences between traditional businesses and not-for-profit entities. Covers restricted funds, accounting for grants and pledges, application of time-value-of-money discounts to "long-term" current assets, budgeting, specialized financial reporting for contracts and grants, and specialized financial reporting for state and federal oversight, such as the Uniform Financial Report in Massachusetts.
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1.00 Credits
Provides students with the opportunity to learn quick and easy ways to negotiate effective supply agreements and how to reduce the total cost of their supply chains. Effective strategic sourcing agreements help businesses manage their supply chains and also involves selecting the sources of supply aligned to corporate strategies and marketing requirements. This course explores how strategic alliances can be excellent ways to outsource activities that are not core competencies to the firm. Offers students the opportunity to learn how to manage a supply base strategically and how to select quality suppliers for their supply chain.
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1.00 Credits
Designed to help students understand the complex forces shaping the emerging global business environment. The rapid globalization of markets and production is transforming business, creating new market opportunities and new threats. But, as the impact of globalization spreads throughout regions, countries, and industries, a backlash is growing in the form of protests, protectionism, and criticism of multinational business. Will globalization deepen the divide between winners and losers, or will it result in greater benefits to all How should these globalization processes be regulated or governed The course explores the function and future of governance institutions such as the World Trade Organization and the International Monetary Fund, various attempts at regulating foreign direct investment and international capital flows, and controversies over foreign outsourcing. Also explores criticisms of globalization.
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1.00 Credits
Combines financial topics and financial analysis methods with basic and intermediate-level Excel tools. Taught in the computer lab, this is a hands-on course. A basic understanding of Excel's features plus previous course work in accounting and finance are highly recommended due to the intensive nature of the course.
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