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Course Criteria
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3.00 Credits
3 semester hours. Students study individual economic problems. This course offers an introduction to production and exchange, pricing policies, and resource allocation under alternative competitive situations.
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3.00 Credits
3 semester hours. Students study small group behaviors and how those behaviors interact with organizational objectives.
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3.00 Credits
3 semester hours. Students examine management functions, basic concepts, and principles of management, including group dynamics, motivation, planning, organizational problems, coordination control, job design, and power structures.
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3.00 Credits
3 semester hours. Students learn the characteristics of successful entrepreneurs, how to seek and evaluate opportunities for new ventures, how to prepare a complete business plan, and how to plan strategies and gather resources to create business opportunities.
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3.00 Credits
3 semester hours. Students learn how to analyze financial statements by developing an ability to critically evaluate corporate financial representations and related information. Financial Statement Analysis is the art and science of examining the components of a company's monetary disclosures, called financial statements. Opinions can then be formed about a firm's past, present, and future operations that influence internal and/or external decision-making.
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3.00 Credits
3 semester hours. Financial management is often the difference between the survival and failure of a small business. Students learn how to use financial tools to manage cash flow, measure profitability and liquidity, determine leverage, and value a business. The use of ratio analysis within the balance sheet and income statement are coupled with budgeting and break-even analysis to complete the picture.
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3.00 Credits
3 semester hours. This course provides an analysis of the policies and practices of employee recruitment, selection, training, development, and compensation.
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3.00 Credits
3 semester hours. This course is a study of the marketing process, including examination of consumer buying behavior, products and product development, distribution channels, pricing policies, and promotion.
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3.00 Credits
3 semester hours. Students examine how managers use accounting information to make sound business decisions. The course emphasizes the need for a "parallel information system" that enhances decision-making by providing managers with information not found in typical accounting reports. Cost behavior, performance analysis, capital investment analysis, and the theory and mechanics of budgeting are among topics examined.
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3.00 Credits
3 semester hours. This course presents different perspectives on the basic concepts and concerns of business ethics. Ideas on how to incorporate these concepts into the policies and decision-making processes of businesses are introduced through a case study approach.
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