FACULTY OF BUSINESS AND ECONOMICS
DEPARTMENT OF BUSINESS ADMINISTRATION
Summer 2013
COURSE CODE AND TITLE
: MGMT 101 – Introduction to Business I
COURSE LEVEL
: First Semester/First Year
COURSE TYPE
: Area Core
LECTURERS
: Selcan Timur
Group: 1
Office: BE 322 (Business, 3rd floor)
Tel: 630 2434
e-mail: selcan.timur@emu.edu.tr
:
CREDIT VALUE
: 3 Credit hrs.
ECTS VALUE
: 6 credits
PREREQUISITES
: None
COREQUISITES
DURATION OF COURSE
None
: One semester
COURSE COORDINATOR
: Associate Prof. Dr. Selcan Timur (Office BE 322; Tel: 630 2434)
CLASS SCHEDULE
: Check your own timetable
WEB LINK
: http://fbemoodle.emu.edu.tr/
OFFICE HOURS
Course notes will be placed on-line.
More information will be provided by your instructor.
: To be announced by each instructor
TEXTBOOK
COMPANION WEBSITE FOR
TEXTBOOK
: Business: A Changing World, EIGHTH Edition
By Ferrell, Hirt, and Ferrell.
McGraw-Hill, 2011.
: http://www.mhhe.com/ferrell8e
CATALOG DESCRIPTION
This is the first part of a two-part series of introductory courses in essentials of business management. The course is
comprised of two parts:
Part One deals with understanding of the contemporary business environment, in which topics covered include an
understanding of the business system; the global context of business; conducting business ethically and responsibly;
entrepreneurship and small businesses.
Part Two focuses mainly on helping the student to understand the business of managing. In this part topics such as
managing the business enterprise, organizing the business enterprise and managing quality operations are covered.
AIMS AND OBJECTIVES
The aim of the course is to provide you with a basic understanding and appreciation of the functioning of a business
enterprise on a national and international scale. As such, the course will emphasize basic concepts and issues peculiar to
the effective organization and management of business enterprises.
GENERAL LEARNING OUTCOMES
On successful completion of this course, all students will have developed knowledge and understanding of:
 the nature of business and its environment
 the global nature and context of business
 organizing and managing a business
On successful completion of this course, all students will have developed their skills in:
 appreciation of the significance of businesses in the production of goods and services
 appreciation of the importance of business management in the welfare of economies and the people
 extracting relevant and useful information from reading material, both printed and digital
On successful completion of this course, all students will have developed their appreciation of and respect for values and
attitudes regarding the issues of:
 entrepreneurship
 globalization
 ethics and responsibility in business
 successful organization and management of organizations
RELATIONSHIP WITH OTHER COURSES
This is the first part of a two-part series of introductory courses in essentials of business management. Students who
sucessfuly complete this course will take MGMT 102 – Introduction to Business II.
LEARNING/TEACHING METHOD
Lectures, class discussions, reading material from textbook, lecture notes on the Web, quizzes, exams, assignments
ASSIGNMENTS
Assignments will be given to enhance the students’ understanding of the topics covered and to hone their information
mining and gathering skills.
INDICATIVE BASIC READING LIST
None
EXTENDED READING LIST
None
SEMESTER OFFERED
Fall and Spring Semesters
CONTENT AND SCHEDULE
WEEK
CHAPTER
5.
Define basic concepts such as business, product, and profit.
Identify the main participants and activities of business, and explain
why studying business is important.
Define economics and compare the four types of economic
systems.
Describe the role of supply, demand, and competition in a freeenterprise system.
Specify why and how the health of the economy is measured.
Chapter 2 - Business Ethics and Social 1.
Responsibility
2.
3.
4.
Define business ethics and social responsibility and examine their
importance in business.
Detect some of the ethical issues that may arise in business.
Specify how businesses can promote ethical behavior.
Explain the four dimensions of social responsibility.
Chapter 3 –Business in a Borderless
World
Explore some of the factors within the international trade
environment that influence business.
Investigate some of the economic, legal-political, social, cultural,
and technological barriers to international business.
Specify some of the agreements, alliances, and organizations that
may encourage trade across international boundaries.
Summarize the different levels of organizational involvement in
international trade.
Contrast two basic strategies used in international business.
July 24-26
July 17-19
July 10-12
Chapter 1 – The Dynamics of
Business Economics
OBJECTIVES
1.
2.
3.
4.
1.
2.
3.
4.
5.
2
July 31
Chapter 4 – Options for Organizing
Business
1.
2.
3.
4.
Chapter 5 - Small Business,
Entrepreneurship, & Franchising
1.
2.
August 2
3.
4.
5.
6.
August 7
1.
Chapter 6 – The Nature of
Management
2.
3.
4.
5.
Chapter 7 – Organization, Teamwork
and Communication
Define and examine the advantages and disadvantages of the sole
proprietorship form of organization.
Identify two types of partnership and evaluate the advantages and
disadvantages of the partnership form of organization.
Describe the corporate form of organization and cite the
advantages and disadvantages of corporations.
Define and debate the advantages and disadvantages of mergers,
acquisitions, and leveraged buyouts.
Define entrepreneurship and small business.
Investigate the importance of small business in the U.S. economy
and why certain fields attract small business.
Specify the advantages of small-business ownership.
Summarize the disadvantages of small-business ownership and
analyze why many small businesses fail.
Describe how you go about starting a small business and what
resources are needed.
Evaluate the demographic, technological, and economic trends that
are affecting the future of small business.
Define management and explain its role in the achievement of
organizational objectives.
Describe the major functions of management.
Distinguish among three levels of management and the concerns of
managers at each level.
Specify the skills managers need in order to be successful.
Summarize the systematic approach to decision making used by
many business managers.
1.
August 14-16
2.
3.
4.
5.
6.
Chapter 8 – Managing Service and
Manufacturing Operations
1.
2.
August 21-23
3.
4.
5.
Define organizational structure and relate how organizational
structures develop.
Describe how specialization and departmentalization help an
organization achieve its goals.
Distinguish between groups and teams and identify the types of
groups that exist in organizations.
Determine how organizations assign responsibility for tasks and
delegate authority.
Compare and contrast some common forms of organizational
structure.
Describe how communication occurs in organizations.
Define operations management and differentiate between operations
and manufacturing.
Explain how operations management differs in manufacturing and
service firms.
Describe the elements involved in planning and designing an
operations system.
Specify some techniques managers may use to manage the
logistics of transforming inputs into finished products.
Assess the importance of quality in operations management.
FINAL EXAMINATION (All Chapters)
3
METHOD OF ASSESSMENT
Midterm Examination
Final Examination
Quizzes / in class assignments
TOTAL
30 %
40 %
30 %
100 %
COURSE POLICIES
1. Attendance is compulsory. Regular class attendance is strictly required. You are also expected to be present in the
classroom on time.
2. Exams will include assigned readings in your text as well as material covered during the class meetings.
3. During the course of the semester, you will be given some written assignments. There will also be at least two
announced quizzes; both before and after the midterm exam. Quizzes are intended to motivate the student to study
and attend the classes regularly. There will be NO make-ups for quizzes.
4. You will be given one midterm exam during the midterm exam period and a final examination at the end of the
semester. The final examination will include all topics covered during the semester.
5.
6.
7.
Make-up Policy
You are expected to take the exams on the days at which they are given. Therefore you should make every effort to
take good care of yourselves in order not to get sick during the exam periods. Any student absent from an exam and
able to provide a reasonable excuse within three days following the exam will be able to write the make-up exam.
Behavior befitting a mature university student is expected of you at all times.
Mobile phones should definitely be turned off during the class meetings, examinations, and quizzes.
Important note:
Academic Honesty: Plagiarism will not be tolerated under any circumstances. Plagiarism is intentionally failing to give
credit sources used in writing regardless of whether they are published or unpublished. Plagiarism (which also includes any
kind of cheating in exams) is a disciplinary offence and will be dealt with accordingly.
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