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Fall 2022 Course Syllabus
Course: BUSI-1301 (Section: 01, CRN: 90090) Business Principles |
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| Instructor Information | |||||||||
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| Instructor | Dana Espinal | ||||||||
| espinaldm@lamarpa.edu | |||||||||
| Phone | (409) 984-6530 | ||||||||
| Office | Small Business Development Center - Room: 114 | ||||||||
| Office Hours | Friday 9:00 am - 11:00 am | ||||||||
| Additional Contact Information | |||||||||
| 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 responsibili | ||||||||
| Required Textbooks |
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer.
Textbook Purchasing Statement: A student attending Lamar State College Port Arthur is not under any obligation to purchase a textbook from the college-affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer. Introduction to Business, by OpenStax. Authors: Gitman, McDaniel, Shah, Reece, Koffel, Talsma, Hyatt Book Versions: Free link: https://openstax.org/books/introduction-business/pages/1-introduction Hardcover ISBN: ISBN-10: 1-947172-54-9, ISBN-13: 978-1-947172-54-8 Paperback ISBN: ISBN-13: 978-1-59399-548-5 Digital ISBN: ISBN-10: 1-947172-55-7, ISBN-13: 978-1-947172-55-5 OpenStax is licensed under Creative Commons Attribution License v4.0 |
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| Additional Materials/Resources | None. | ||||||||
| Corequisites/Prerequisites |
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| Learning Outcomes |
Upon successful completion of this course, students will: * Identify major business functions of accounting, finance, information systems, management, and marketing. * Describe the relationships of social responsibility, ethics, and law in business. * Explain forms of ownership, including their advantages and disadvantages. * Identify and explain the domestic and international considerations for today?s business environment: social, economic, legal, ethical, technological, competitive, and international. * Identify and explain the role and effect of government on business. * Describe the importance and effects of ethical practices in business and be able to analyze business situations to identify ethical dilemmas and ethical lapses. * Describe basic financial statements and show how they reflect the activity and financial condition of a business. * Explain the banking and financial systems, including the securities markets, business financing, and basic concepts of accounting. * Explain integrity, ethics, and social responsibility as they relate to leadership and management. * Explain the nature and functions of management. * Identify strengths, weaknesses, opportunities, and threats of information technology for businesses. |
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| Core Objectives |
PSLO Alpha: Reading skills - Demonstrates comprehension of content-area reading material. Identifies all main ideas, supporting details, and vocabulary in reading material; demonstrates a full understanding of the reading PSLO 1: Critical Thinking Skills - Students will engage in creative and/or innovative thinking, and/or inquiry, analysis, evaluation, synthesis of information, organizing concepts and constructing solutions. PSLO 2: Communication Skills - Students will demonstrate effective written, oral and visual communication PSLO 3: Empirical and Quantitative Skills - Students will demonstrate applications of scientific and mathematical concepts PSLO 6: Personal Responsibility: Students will demonstrate the ability to connect choices, actions and consequences to ethical decision-making. |
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| Lecture Topics Outline |
Week # Chapter # TOPICS Week 1 Chapter 1 Understanding Economic Systems and Business Week 2 Chapter 2 Making Ethical Decisions and Managing a Socially Responsible Business Week 3 Chapter 3 Competing in the Global Marketplace Week 5 Chapter 4 Forms of Business Ownership Week 6 Chapter 5 Entrepreneurship: Starting and Managing Your Own Business Week 7 Chapter 6 Management and Leadership in Today's Organizations Week 9 Chapter 7 Designing Organizational Structures Week 10 Chapter 8 Managing Human Resources and Labor Relations Week 11 Chapter 9 Motivating Employees Week 13 Chapter 10 Achieving World-Class Operations Management Week 14 Chapter 11 Creating Products and Pricing Strategies to Meet Customers' Needs |
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| Major Assignments Schedule |
Week # ASSIGNMENTS Week 1 Intro, Chapter 1 Lecture, Reading assignment - Harvard Business Review on Economic Systems (8/23 AND 8/25) Week 2 Chapter 1 Quiz, Chapter 2 Lecture, Reading assignment - Harvard Business Review on Business Ethics, Assign and Discuss Small Business Research Project (8/30 AND 9/1) Week 3 Library Work Week on Ready Assignments and Small Business Research Project (9/6 AND 9/8) Week 4 Chapter 2 Quiz, Chapter 3 Lecture, Reading assignment - Harvard Business Review on Global Trade (9/13 AND 9/15) Week 5 Chapter 3 Quiz and Exam 1 Review, Unit 1 Exam - Chapters 1-3 (9/20 AND 9/22) Week 6 Chapter 4 Lecture, Reading assignment - Harvard Business Review on Franchising (9/27 AND 9/29) Week 7 Chapter 4 Quiz, Chapter 5 Lecture, Reading assignment - Harvard Business Review on Entrepreneurship (10/4 AND 10/6) Week 8 Chapter 5 Quiz, Chapter 6 Lecture, Reading assignment - Harvard Business Reveiw on Management Style (10/11 AND 10/13) Week 9 Chapter 6 Quiz and Exam 2 Review, Reading Assignment Library Work Day (10/18 AND 10/20) Week 10 Unit 2 Exam - Chapters 4-6 (10/25 AND 10/27) Week 11 Chapter 7 Lecture (11/1 AND 11/3) Week 12 Chapter 7 Quiz, Chapter 8 Lecture, Reading assignment - Harvard Business Review on Unemployment Rates (11/8 AND 11/10) Week 13 Chapter 8 Quiz, Chapter 9 Lecture, Reading assignment - Harvard Business Review on Motivation (11/15 AND 11/17) Week 14 Chapter 9 Quiz and Exam 3 Review, Unit 3 Exam - Chapters 7-9 (11/22) Thanksgiving Holiday 11/24 - No Class Week 15 Chapter 10 Lecture, Reading assignment - Harvard Business Review on Supply Chain (11/21) Week 16 Chapter 10 Review and Quiz, Chapter 11 Lecture, Reading assignment - Harvard Business Review on Target Markets (11/29 AND 12/1) Week 17 Chapter 11 Quiz and Final Exam Review (11/6) Final Exam and Research Project Due (11/8) |
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| Final Exam Date | December 8, 2022 - 11:0 AM Through December 8, 2022 - 12:15 PM | ||||||||
| Grading Scale | 90 - 100=A 80 - 89=B 70 - 79=C 60 - 69=D Below 59 = F | ||||||||
| Determination of Final Grade |
Quizzes 15% Small Business Research Project 25% Unit Exams (4) (including Final) 60% (15% each) |
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| Course Policies | |||||||||
| Instructor Policies |
Exams Exams will be provided at assigned date and time during class. Make-up exams will NOT be given - unless an excused absence from the Dean's Office is provided. Missed exams will receive a score of zero. You must work alone while taking the exam. Cheating on exams is not acceptable and will be subject to violations of the Academic Dishonesty policy. Dates for exams are listed on the Course Syllabus. Each exam counts for 15 percent of your final grade. Quizzes Weekly quizzes will be given covering the chapter studied. Dates for quizzes are listed on the Course Syllabus. There will be no makeups for missed quizzes - unless an execused absence from the Dean's Office is provided. Missed quizzes will receive a score of zero. The 4 lowest quiz grades will be dropped. Combined, these quizzes will count as 15 percent of your final grade. Reading Assignments There will be 10 Reading Assignments and Discussion sessions in which you must participate in class. Due dates for Reading Assignments to be able to engage in class discussions are listed on the Course Syllabus. There will be no makeups for missed readings or discussions. These readings will be incorporated into the research project for small businesses and Combined, with these readings and discussions will account for 25 percent of your final grade. Use of Instructional Materials Instructional materials, such as PowerPoints and concept videos, will be presented for each chapter. These will be useful in understanding concepts as presented in the chapters. Make-Up/Late work Exams, quizzes, and reading assignments are due on the dates as listed on the Course Calendar and each Announcement task list. There will be no make-up exams. There will be no make-up quizzes. Unless an excused absence from the Dean's Office is provided Academic Dishonesty Copying, stealing, and submitting someone else's work is considered a violation of the Academic Dishonesty policy. Academic Dishonesty of any kind will not be tolerated. A student violating this policy will receive an automatic F for the course semester grade plus a violation of the Student Code of Conduct will be placed on your record. Professor Communication As your instructor, you can expect for me to respond to any communication you send me within 24 hours (FYI - I do not usually respond to emails after 5 pm or on the weekends). |
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| Attendance Policy |
To be successful in this course, the student MUST purchase the assigned textbook and attend class at the assigned day and times weekly, in the assigned classroom.
Attendence will be taken. Class participation and attendence could provide extra credit at the end of the semester (if needed).
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| Additional Information | |||||||||
| Institutional Policies | |||||||||
| MyLSCPA | Be sure to check your campus email and Course Homepage using MyLSCPA campus web portal. You can also access your grades, transcripts, academic advisors, degree progress, and other services through MyLSCPA. | ||||||||
| Academic Honesty | Academic honesty is expected from all students, and dishonesty in any form will not be tolerated. Please consult the LSCPA policies (Academic Dishonesty section in the Student Handbook) for consequences of academic dishonesty. | ||||||||
| 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 the Office for Disability Services Coordinator, Room 231, in the Madison Monroe Building. The phone number is (409) 984-6241. | ||||||||
| COVID 19 Information | The Lamar State College Port Arthur (LSCPA) Student Code of Conduct COVID 19 Policy requires students who have been exposed to COVID 19 or diagnosed with COVID 19 to report their condition on the COVID 19 Notification Form (available via a link on the Student Code of Conduct COVID19 webpage). This information will be provided to the Dean of Student Services. In addition, this policy requires all students to wear face coverings in compliance with the criteria included in the policy. For more information please refer to the COVID 19 link on the LSCPA website. | ||||||||
| Facility Policies | No food or tobacco products are allowed in the classroom. Only students enrolled in the course are allowed in the classroom, except by special instructor permission. Use of electronic devices is prohibited. | ||||||||
| HB 2504 | This syllabus is part of LSCPA's efforts to comply with Texas House Bill 2504. | ||||||||
| Mandatory Reporting of Child Abuse and Neglect | As per Texas law and LSCPA policy, all LSCPA employees, including faculty, are required to report allegations or disclosures of child abuse or neglect to the designated authorities, which may include a local or state law enforcement agency or the Texas Department of Family Protective Services. For more information about mandatory reporting requirements, see LSCPA's Policy and Procedure Manual. | ||||||||
| Title IX and Sexual Misconduct | LSCPA is committed to establishing and maintaining an environment that is free from all forms of sex discrimination, including sexual harassment, sexual violence, and other forms of sexual misconduct. All LSCPA employees, including faculty, have the responsibility to report disclosures of sexual misconduct, including sexual harassment, sexual assault (including rape and acquaintance rape), domestic violence, dating violence, relationship violence, or stalking, to LSCPA's Title IX Coordinator, whose role is to coordinate the college's response to sexual misconduct. For more information about Title IX protections, faculty reporting responsibilities, options for confidential reporting, and the resources available for support visit LSCPA's Title IX website. | ||||||||
| Clery Act Crime Reporting |
For more information about the Clery Act and crime reporting, see the Annual Security & Fire Safety Report and the Campus Security website. |
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| Grievance / Complaint / Concern | If you have a grievance, complaint, or concern about this course that has not been resolved through discussion with the Instructor, please consult the Department Chair. | ||||||||
| Department Information |
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