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Fall 2018 Course Syllabus
Course: BUSI-1301- Section: 03 Business Principles |
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| Instructor Information | |||||||||
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| Instructor | Linda Tait | ||||||||
| taitli@lamarpa.edu | |||||||||
| Phone | (409) 984-6530 | ||||||||
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| Department |
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| Course Information | |||||||||
| Description | This course provides a survey of economic systems, forms of business ownership, and considerations for running a business. Students will learn various aspects of business, management, and leadership functions; organizational considerations; and decision-making processes. Financial topics are introduced, including accounting, money and banking, and securities markets. Also included are discussions of business challenges in the legal and regulatory environment, business ethics, social responsibility, and international business. Emphasized is the dynamic role of business in everyday life. | ||||||||
| Prerequisites | TSI complete in reading | ||||||||
| Learning Outcomes |
Upon successful completion of this course, students will: CLSO 1. Identify major business functions of accounting, finance, information systems, management, and marketing. (PSLO Alpha measured by Final Exam) CSLO 2. Describe the relationships of social responsibility, ethics, and law in business. CSLO 3. Explain forms of ownership, including their advantages and disadvantages. CSLO 4. Identify and explain the domestic and international considerations for today's business environment: social, economic, legal, ethical, technological, competitive, and international. CSLO 5. Identify and explain the role and effect of government on business. CSLO 6. Describe the importance and effects of ethical practices in business and be able to analyze business situations to identify ethical dilemmas and ethical lapses. CSLO 7. Describe basic financial statements and show how they reflect the activity and financial condition of a business. CLSO 8. Explain the banking and financial systems, including the securities markets, business financing, and basic concepts of accounting. CSLO 9. Explain integrity, ethics, and social responsibility as they relate to leadership and management. CSLO 10. Explain the nature and functions of management. CLSO 11. Identify strengths, weaknesses, opportunities, and threats of information technology for businesses. |
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| Core Objectives |
ALPHA: Reading skills - Demonstrates comprehension of content-area reading material. PSLO 1: Critical Thinking Skills -- Uses creative thinking, innovation, inquiry and analysis, evaluation and synthesis of information. PSLO 2: Communication Skills -- Demonstrates effective development, interpretation and expression PSLO 3: Empirical and Quantitative Skills -- Applies the manipulation and/or analysis of numerical data or observable facts resulting in informed conclusions. |
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| Program Student Learning Outcomes | |||||||||
| Textbooks | Understanding Business by Nickels McHugh McHugh, Eleventh Edition ISBN 978-0-07-802316 | ||||||||
| Lecture Topics Outline |
Week 1: Chapter 1 – Taking Risks and Making Profits within the Dynamic Business Environment Week 2: Chapter 2 – Understanding Economics and How it Affects Business Week 3: Chapter 3 – Doing Business in Global Markets Week 4: Start Chapter 4 (pages 92 – 102) – Demanding Ethical and Socially Responsible Behavior Week 5: Complete Chapter 4 and discuss the “Getting To Know” segments at beginning of each chapter Week 6: Chapter 5 – How To Form A Business Week 7: Chapter 6 – Entrepreneurship and Starting A Small Business (page 150 – 167) Week 8: Finish up Chapter 6 and review chapters 4, 5, and 6 Week 9: Start Chapter 7 – Management and Leadership Week 10: Finish up Chapter 7 Week 11: Chapter 8 – Structuring Organizations for Today’s Challenges (pages 210 – 225) Week 12: Finish up Chapter 8 and discuss Whole Foods Case Week 13: Skip to Chapter 17 – Understanding Accounting and Financial Information Week 14: Extra week to catch up and review for Final Exam |
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| Major Assignments Schedule |
Week 1: Chapter 1 – Taking Risks and Making Profits within the Dynamic Business Environment Homework Assignment – Write definitions of “key terms” on Page 24 Week 2: Chapter 2 – Understanding Economics and How it Affects Business Homework Assignment – Video Case, page 56, Answer questions 1-3 in “Thinking It Over” Week 3: Chapter 3 – Doing Business in Global Markets Homework Assignment – Study for Test 1 (will cover first 3 chapters) Week 4: Test until 7pm Start Chapter 4 (pages 92 – 102) – Demanding Ethical and Socially Responsible Behavior Homework Assignment – none this week Week 5: Complete Chapter 4 and discuss the “Getting To Know” segments at beginning of each chapter Week 6: Chapter 5 – How To Form A Business Homework Assignment – Write a paper about the type of business ownership you would use in your business and why. Week 7: Chapter 6 – Entrepreneurship and Starting A Small Business (page 150 – 167) Homework Assignment – None this week Week 8: Finish up Chapter 6 and review chapters 4, 5, and 6 Homework Assignment – Study for Test 2 Week 9: Test until 7pm Start Chapter 7 – Management and Leadership Week 10: Finish up Chapter 7 Homework Assignment – Handout to complete Week 11: Chapter 8 – Structuring Organizations for Today’s Challenges (pages 210 – 225) Homework Assignment – None this week Week 12: Finish up Chapter 8 and discuss Whole Foods Case Review key concepts in Chapter 7 & 8 Homework Assignment – study for test Week 13: Test until 7pm Skip to Chapter 17 – Understanding Accounting and Financial Information Homework – handout Week 14: Extra week to catch up and review for Final Exam |
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| Final Exam Date | December 10, 2018 - 5:00 PM Through December 10, 2018 - 7:00 PM | ||||||||
| Grading Scale | 90 - 100 = A 80 - 89 = B 70 - 79 = C 60 - 69 = D Below 59 = F | ||||||||
| Determination of Final Grade |
Homework Assignments = 25% Tests = 50% Final Exam = 25% |
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| Course Policies | |||||||||
| Instructor Policies | This class does not have access to the internet. Graded tests/homework will be returned to you at the next class period. All assignments/exams must be turned in before the grades can be distributed. If you have circumstances that require you to makeup an exam or homework assignment, please discuss with the instructor for options. There will not be a makeup time for final exams. | ||||||||
| Attendance Policy | Research has shown a cause and effect relationship between attendance and college success. Students with more than three absences from the course will receive an academic penalty of one letter grade. | ||||||||
| Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSC-PA policies (Section IX, subsection A, in the Faculty Handbook) for consequences of academic dishonesty. | ||||||||
| Facility Policies |
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| Important Information | |||||||||
| ADA Considerations | The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Special Populations Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||
| MyLamarPA | Be sure to check your campus E-mail and Course Homepage using MyLamarPA campus web portal (My.LamarPA.edu). When you've logged in, click the email icon in the upper right-hand corner to check email, or click on the "My Courses" tab to get to your Course Homepage. Click the link to your course and review the information presented. It is important that you check your email and Course Homepage regularly. You can also access your grades, transcripts, and determine who your academic advisor is by using MyLamarPA. | ||||||||
| Other | |||||||||
| HB 2504 | This syllabus is part of LSC-PA's efforts to comply with Texas House Bill 2504. | ||||||||