INTRODUCTION TO BUSINESS MR. GEBERS BUSINESS INSTRUCTOR UMATILLA HIGH SCHOOL 541-922-6552 GEBERSK@UMATILLASD. ORG COURSE SYLLABUS Course Description: The objective of this class is to introduce to the students the idea of the Business environment and how to organize a business. The students will identify various aspects of the business environment, business ethics, management styles, and ownerships. They will also identify the Organization of a Business, and Business Management as well as the operations of business management. We will discuss Leadership and Decision Making, Marketing, distributing and promotion of products. The students will also identify for Information technology. TARGET(S): CHAPTER 1: THE U.S. BUSINESS ENVIRONMENT MAIN TARGETS: ● DEFINING U.S. BUSINESS & MAIN GOALS: ● IDENTIFY EXTERNAL ENVIRONMENTS OF BUSINESS AND HOW THEY AFFECT BUSINESS: THE FIVE COMPONENTS ● DESCRIBE DIFFERENT TYPES OF GLOBAL ECONOMIC SYSTEMS: ECONOMIC SYSTEMS AND WHAT ARE THE STRENGTHS AND WEAKNESSES OF EACH ● DEFINE HOW MARKETS, DEMAND AND SUPPLY AFFECT RESOURCE DISTRIBUTION: SUPPLY AND DEMAND PAPER ● EXPLAIN THE IMPORTANCE OF THE ECONOMIC ENVIRONMENT TO BUSINESS: MBA PAPER ● SUMMATIVE ASSESSMENT FOR CH. 1. DUE 9-9-2015 TARGET(S): CHAPTER 2: BUSINESS ETHICS AND RESPONSIBILITY MAIN TARGETS: ● HOW DO INDIVIDUALS DEVELOP THEIR PERSONAL CODES OF ETHICS? PERSONAL ETHICS ● WHY ETHICS ARE IMPORTANT IN THE WORKPLACE AND WHAT ARE THOSE MAIN ETHICS? ETHICS IN THE WORKPLACE ● IDENTIFY AND DESCRIBE FOUR GENERAL APPROACHES TO SOCIAL RESPONSIBILITY: SOCIAL RESPONSIBILITY ● DESCRIBE 4 STEPS A BUSINESS MUST TAKE TO IMPLEMENT A SOCIAL RESPONSIBILITY PROGRAM: THE SOCIAL RESPONSIBILITY PROGRAM TARGET(S): CHAPTER 3: ENTREPRENEURSHIP, NEW VENTURES, AND BUSINESS OWNERSHIP MAIN TARGETS: ● DEFINE SMALL BUSINESS AND NAME POPULAR AREAS OF SMALL BUSINESS: ● DEFINE THE BUSINESS PLAN AND THE STARTUP DECISIONS MADE BY SMALL BUSINESSES? THE BUSINESS PLAN ● EXPLAIN: O O O ● SOLE PROPRIETORSHIPS PARTNERSHIPS COOPERATIVES DESCRIBE THE DIFFERENT KINDS OF CORPORATIONS, EXPLAIN THEIR ADVANTAGES AND DISADVANTAGES: TYPES OF CORPORATIONS TARGET(S): CHAPTER 4: THE GLOBAL CONTEXT OF A BUSINESS MAIN TARGETS: ● DESCRIBE THE MAJOR WORLD MARKETPLACES: GLOBAL MARKET ● EXPLAIN HOW DIFFERENCES IN IMPORT-EXPORT BALANCES, EXCHANGE RATES, AND FOREIGN COMPETITION DETERMINE THE WAYS IN WHICH COUNTRIES AND BUSINESSES RESPOND TO THE INTERNATIONAL ENVIRONMENT: ● FIND AT LEAST 2 DIFFERENT WAYS THESE DIFFERENCES AMONG NATIONS AFFECT INTERNATIONAL BUSINESS: O O O O O SOCIAL DIFFERENCES CULTURAL DIFFERENCES ECONOMIC DIFFERENCES LEGAL DIFFERENCES POLITICAL DIFFERENCES TARGET(S): CHAPTER 5: BUSINESS MANAGEMENT MAIN TARGETS: ● DESCRIBE THE NATURE OF MANAGEMENT AND IDENTIFY THE FOUR BASIC FUNCTIONS THAT CONSTITUTE THE MANAGEMENT PROCESS: 4 KEY MANAGEMENT FUNCTIONS ● IDENTIFY DIFFERENT TYPES OF MANGERS LIKELY TO BE FOUND IN AN ORGANIZATION AND EXPLAIN WHICH ONES ARE MORE YOUR STYLE AND WHICH ONES ARE NOT YOUR STYLE: TYPES OF MANAGERS ● DESCRIBE THE BASIC SKILLS REQUIRED OF MANAGERS: BASIC MANAGEMENT SKILLS ● DISCUSS CONTINGENCY PLANNING AND CREATE A PLAN FOR A BUSINESS: CONTINGENCY PLAN CREATIONS TARGET(S): CHAPTER 6: ORGANIZING THE BUSINESS MAIN TARGETS: ● DISCUSS FACTORS THAT INFLUENCE A FIRM’S ORGANIZATIONAL STRUCTURE: FACTORS ● EXPLAIN SPECIALIZATION AND DEPARTMENTALIZATION AS TWO OF THE BUILDING BLOCKS OF ORGANIZATIONAL STRUCTURE: ● DESCRIBE THESE FOUR TOPICS AS THE KEY INGREDIENTS IN ESTABLISHING THE DECISIONMAKING HIERARCHY: O O O O ● EXPLAIN THE DIFFERENCES BETWEEN THESE ORGANIZATIONAL STRUCTURES, AND EXPLAIN WHICH STRUCTURE IS MOST POPULAR AND WHY: O O O O ● *CENTRALIZATION *DECENTRALIZATION *DELEGATION *AUTHORITY *FUNCTIONAL *DIVISIONAL *MATRIX *INTERNATIONAL 3 OF THE ORG. STRUCTURES TARGET(S): CHAPTER 7: OPERATIONS MANAGEMENT AND QUALITY MAIN TARGETS: ● EXPLAIN THE TERMS PRODUCTION AND OPERATIONS: ● DESCRIBE THE 4 KINDS OF UTILITY THAT OPERATIONS PROCESSES PROVIDE FOR ADDING CUSTOMER VALUE: OPERATIONS PROCESSES ● EXPLAIN A SUPPLY CHAIN STRATEGY VS. TRADITIONAL STRATEGY FOR COORDINATING OPERATIONS AMONG FIRMS: SUPPLY STRATEGIES ● DEFINE THE FOUR KINDS OF OPERATION SCHEDULES: O O O O *MASTER PRODUCTION SCHEDULE *DETAILED SCHEDULE *STAFF SCHEDULE *PROJECT SCHEDULE TARGET(S): CHAPTER 8: EMPLOYEE BEHAVIOR AND MOTIVATION MAIN TARGETS: ● DESCRIBE WHY THERE SHOULD BE DIFFERENCES AMONG EMPLOYEES FOR A SUCCESSFUL BUSINESS: ● IDENTIFY AND SUMMARIZE THE MOST IMPORTANT MODELS AND CONCEPTS OF EMPLOYEE MOTIVATION: MODELS FOR EMPLOYEE MOTIVATION AND MODEL FOR EMPLOYEES ● IDENTIFY SOME OF THE STRATEGIES AND TECHNIQUES USED BY ORGANIZATIONS TO IMPROVE EMPLOYEE MOTIVATION: MOTIVATION STRATEGIES TARGET(S): CHAPTER 9: LEADERSHIP AND DECISION MAKING MAIN TARGETS: ● DEFINE LEADERSHIP AND DISTINGUISH IT FROM MANAGEMENT: LEADERSHIP AND MANAGEMENT ● SUMMARIZE EARLY APPROACHES TO THE STUDY OF LEADERSHIP: STUDY OF LEADERSHIP ● IDENTIFY THE CONCEPT OF SITUATIONAL APPROACHES TO LEADERSHIP: SITUATIONAL APPROACH ● DESCRIBE TRANSFORMATIONAL AND CHARISMATIC PERSPECTIVES ON LEADERSHIP: LEADERSHIP APPROACHES ● IDENTIFY LEADERSHIP SUBSTITUTES AND NEUTRALIZERS: LEADERSHIP SUBSTITUTES ● IDENTIFY LEADERS AS COACHES: LEADERSHIP AS A COACH ● DESCRIBE THESE 3 LEADERSHIP THEORIES; STRATEGIC LEADERSHIP, ETHICAL LEADERSHIP, AND VIRTUAL LEADERSHIP: ● IDENTIFY BOTH RATIONAL AND BEHAVIORAL PERSPECTIVES ON DECISION MAKING AND STATE THE STRENGTHS AND WEAKNESSES. TARGET(S): CHAPTER 10: HUMAN RESOURCE MANAGEMENT AND LABOR RELATIONS MAIN TARGETS: ● DEFINE HUMAN RESOURCE MANAGEMENT AND EXPLAIN HOW MANAGERS PLAN FOR THEIR ORGANIZATIONS HUMAN RESOURCE NEEDS. ● IDENTIFY THE TASKS IN STAFFING A COMPANY AND DISCUSS WAYS IN WHICH ORGANIZATIONS SELECT NEW EMPLOYEES ● DESCRIBE HOW MANAGERS DEVELOP THE WORKFORCE IN THEIR ORGANIZATIONS THROUGH TRAINING AND PERFORMANCE APPRAISAL. ● DESCRIBE THE MAIN COMPONENTS OF A COMPENSATION SYSTEM AND DESCRIBE SOME OF THE KEY LEGAL ISSUES INVOLVED IN HIRING, COMPENSATING, AND MANAGING WORKERS IN TODAY’S WORKPLACE. ● EXPLAIN WHY WORKERS ORGANIZE INTO LABOR UNIONS. DESCRIBE THE COLLECTIVE BARGAINING PROCESS. TARGET(S): CHAPTER 11: MARKETING PROCESSES AND CONSUMER BEHAVIOR MAIN TARGETS: ● EXPLAIN THE CONCEPT OF MARKETING AND IDENTIFY THE FIVE FORCES THAT CONSTITUTE THE EXTERNAL MARKETING ENVIRONMENT. ● EXPLAIN THE PURPOSE OF A MARKETING PLAN AND IDENTIFY THE FOUR COMPONENTS OF THE MARKETING MIX ● EXPLAIN MARKET SEGMENTATION AND HOW IT IS USED IN TARGET MARKETING ● DISCUSS THE PURPOSE OF MARKETING RESEARCH, AND COMPARE THE FOUR MARKETING RESEARCH METHODS. ● DESCRIBE THE KEY FACTORS THAT INFLUENCE THE CONSUMER BUYING PROCESS. ● DISCUSS THE FOUR CATEGORIES OF ORGANIZATIONAL MARKETS, AND THE CHARACTERISTICS OF BUSINESS-TO-BUSINESS (B2B) BUYING BEHAVIOR. ● DISCUSS THE MARKETING MIX AS IT APPLIES TO SMALL BUSINESS. TARGET(S): CHAPTER 12: DEVELOPING AND PRICING PRODUCTS MAIN TARGETS: ● EXPLAIN THE DEFINITION OF A PRODUCT AS A VALUE PACKAFE AND CLASSIFY GOODS AND SERVICES. ● DESCRIBE THE NEW PRODUCT DEVELOPMENT PROCESS. ● DESCRIBE THE STAGES OF THE PRODUCT LIFESTYLE (PLC) AND METHODS FOR ESTENDING A PRODUCT’S LIFE. ● IDENTIFY THE VARIOUS PRICING OBJECTIVES THAT GOVERN PRICING DECISIONS, AND DESCRIBE THE PRICE-SETTING TOOLS USED IN MAKING THESE DECISIONS. TARGET(S): CHAPTER 13: DISTRIBUTING AND PROMOTING PRODUCTS MAIN TARGETS: ● EXPLAIN THE MEANING OF DISTRIBUTION MIX, IDENTIFY THE DIFFERENT CHANNELS OF DISTRIBUTION. ● DESCRIBE THE ROLE OF WHOLESALERS AND EXPLAIN THE DIFFERENT TYPES OF RETAILING. ● DESCRIBE THE DIFFERENT TYPES OF RETAILING AND EXPLAIN HOW ONLINE RETAILERS ADD VALUE FOR CONSUMERS ON THE INTERNET ● DEFINE PHYSICAL DISTRIBUTION AND DESCRIBE THE MAJOR ACTIVITIES IN THE PHYSICAL DISTRIBUTION PROCESS. ● IDENTIFY THE OBJECTIVES OF PROMOTION, THE CONSIDERATIONS IN SELECTING A PROMOTIONAL MIX, AND DISCUSS KINDS OF ADVERTISING PROMOTIONS. ● OUTLINE THE TASKS INVOLVED IN PERSONAL SELLING, DESCRIBE THE VARIOUS TYPES OF SALES PROMOTIONS, AND DISTINGUISH, BETWEEN PUBLICITY AND PUBLIC RELATIONS. TARGET(S): CHAPTER 14: INFORMATION TECHNOLOGY FOR BUSINESS MAIN TARGETS: ● IDENTIFY THE THREATS AND RISKS INFORMATION TECHNOLOGY POSES ON BUSINESSES. ● DESCRIBE THE WAYS IN WHICH BUSINESSES PROTECT THEMSELVES FROM THE THREATS AND RISKS INFORMATION TECHNOLOGY POSES. TARGET(S): CHAPTER 15: THE ROLE OF ACCOUNTANTS AND ACCOUNTING INFORMATION MAIN TARGETS: ● EXPLAIN THE ROLE OF ACCOUNTANTS AND DISTINGUISH BETWEEN THE KINDS OF WORK DONE BY PUBLIC ACCOUNTANTS, PRIVATE ACCOUNTANTS, MANAGEMENT ACCOUNTANTS, AND FORENSIC ACCOUNTANTS. ● EXPLAIN HOW THE ACCOUNTING EQUATION IS USED. ● DESCRIBE THE THREE BASIC FINANCIAL STATEMENTS AND SHOW HOW THEY REFLECT THE ACTIVITY AND FINANCIAL CONDITION OF A BUSINESS. ● EXPLAIN THE KEY STANDARDS AND PRINCIPLES FOR REPORTING FINANCIAL STATEMENTS. ● DESCRIBE HOW COMPUTING FINANCIAL RATIOS CAN HELP USERS GET MORE INFORMATION FROM FINANCIAL STATEMENTS TO DETERMINE THE FINANCIAL STRENGTHS OF A BUSINESS. ● DISCUSS THE ROLE OF ETHICS IN ACCOUNTING. TARGET(S): CHAPTER 16: MONEY AND BANKING MAIN T ARGETS: ● DEFINE MONEY AND IDENTIFY THE DIFFERENT FORMS THAT IT TAKES IN THE NATION’S MONEY SUPPLY. ● DESCRIBE THE DIFFERENT KINDS OF FINANCIAL INSTITUTIONS CREATE MONEY THAT COMPOSE THE U.S. FINANCIAL SYSTEM AND EXPLAIN THE SERVICES THEY OFFER. ● EXPLAIN HOW FINANCIAL SYSTEM CREATE MONEY AND DESCRIBE THE MEANS BY THEY ARE REGULATED. ● DISCUSS THE FUNCTIONS OF THE FEDERAL RESERVE SYSTEM AND DESCRIBE THE TOOLS THAT IT USES TO CONTROL THE MONEY SUPPLY. TARGET(S): CHAPTER 17: MANAGING FINANCES MAIN TARGETS: ● EXPLAIN THE CONCEPT OF THE TIME VALUE OF MONEY AND THE PRINCIPLE OF COMPOUND GROWTH. ● DESCRIBE THE ROLE OF SECURITIES MARKETS AND IDENTIFY THE MAJOR STOCK EXCHANGES AND STOCKS MARKETS. ● DESCRIBE THE RISK-RETURN RELATIONSHIPS AND DISCUSS THE USE OF DIVERSIFICATION AND ASSET ALLOCATION FOR INVESTMENTS. These course objectives align with these courses for Blue Mountain Community College: ● BA 101 Intro to Business THE COLLEGE COURSE SYLLABI FOR BMCC TECHNOLOGIES CAN BE FOUND HERE: BMCC BUSINESS TECHNOLOGIES SYLLABI Grading: Students may earn college credit via BMCC for this Course The Grading Scale will be as follows: Formative assignments: 10% Summative assignments: 90% Grades: 90% A 80% B 70% C 60% I (Have two weeks to finish and turn in Missing Summative) Under F Due dates: The summative assessments MAY have due dates. If due dates are used, if the student does not complete assessment in due time, the highest grade allowed will be 85% on the assessment. COLLEGE COURSE ARTICULATION AGREEMENTS: BA 101 INTRO TO BUSINESS College course information: 1. The college course is only for those students who is ready to pass this course with an A or B in both semester. 2. If you are struggling passing this course, do not sign up for college courses. 3. We pay for the college course AS LONG AS YOU PASS. You pay if you fail. 4. All college credit courses are for SPRING SEMESTER, do not worry, I will get the forms to you when the time comes. This course is a Year Long Course and students MUST pass each Semester.