Lewis-Clark State College BUS101: Introduction to Business - 02 Spring 2015

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1 Instructor: Ayodeji B. Arogundade, Ph.D. Contact Info: Office Hours: Room 106 TJH Tuesday & Thursday: 9:00 AM 12:00 PM Other days/times by appointment Lewis-Clark State College BUS101: Introduction to Business - 02 Spring 2015 Required Text: Nickels, McHugh & McHugh, Understanding Business, 10th edition, McGraw Hill, ISBN Prerequisites: None Course Overview Objectives: This course Increases student awareness of business functions and the business environment. (Not open to business majors of Junior or Senior standing.) Course Objectives: Upon successful completion of this course, students should meet the following objectives: Develop a basic frame of understanding of the concepts, language, and skills related to business Respect and appreciate ethical behavior in business Explain what is involved in starting, owning, and managing your own business Learn and grow through problem-solving case study activities related to real world business situations lcmail.lcsc.edu: All students are required to assure that they have access to lcmail.lcsc.edu, and that they understand how to access and use the academic/course features of the system. All to students from the instructor will be sent to this account. The portal is available at IMPORTANT NOTE: If you need course adaptations or accommodations because of a disability, if you have emergency information to share with me, or if you need special arrangements in case the building must be evacuated, please make an appointment to talk with me as soon as possible. BUS 101 Syllabus Page 1

2 Method of Evaluation: Attendance and participation 5 points 30 classes = up to 150 points Your attendance is very important to the successful completion of this course. If you are going to be absent from any class, please contact me in advance. Not only will your attendance and participation prepare you to complete the assignments, it is also part of your grade. Attendance points for any given day may be reduced by half when engaging in any act (s) that could disrupt the class. Class participation involves reading textbook chapters and possible other readings, engaging in classroom discussions, and completing both in- and out-of-class assignments Group Case Studies 2 25 points each = 50 points Students will be divided into 6 groups on the first day of class, and each group will present two cases throughout the semester. Each study will be worth a maximum of 25 points. Case 1 for all the groups will be assigned on the first day of class, while case 2 will be assigned at a later date. All cases will be posted in Blackboard. Grading will be done by students and the Instructor. Further details will be provided on the first day of class. A professionally prepared written exploration of the questions at the end of each case is expected. Items to be included in all case studies include: Respond to all case questions Analysis of at least two pages (cite examples to buttress your point). Your paper should be formatted to no more than double-spaced, and no larger than 12 point font Include at least two outside references. Avoid the use of blogs of wikis as references. The validity of content can be difficult to prove Include at least one reference to the textbook Properly formatted works cited page. See the Purdue OWL site for specific citation information. I do not care whether you use APA, MLA, or other citation techniques as long as your in-text references and works cited are professionally formatted No late case studies will be accepted Quizzes: points each = 200 points There will be a quiz for every chapter during the course for a total of 20. Quizzes are composed of objective questions and will be used to monitor progress of the student and the course. Quizzes are open book and will be taken in Blackboard, outside of class. Quizzes must be completed before the start of the next class. There will be a time limit (15 minutes) for each quiz and the quizzes will be shut down in Blackboard after they are due. Quizzes cannot be made up and will not be reopened in Blackboard. Exams points each = 300 points There will be 3 exams. The exams will be closed book and will be taken in class There will NOT be a comprehensive final exam. In-Class Exercise: 2 25 points each = 50 points In addition to quizzes, there will be 3 in-class exercises (2 will count). In-class assignments are to be submitted before the end of the class. No late papers will be accepted. BUS 101 Syllabus Page 2

3 Article points = 30 Points s have replaced memos as a primary form of communication in business. For this assignment, you will create a word document that is formatted as if it were an you were sending to your supervisor. For this assignment, you will locate an article related to business topics in a business publication such as The Wall Street Journal or Bloomberg Business Week. Your should include information covered in the textbook and lectures. Using the information gleaned from the article, write an to your supervisor (professor) at a company of your choice. Your should reference the article and make a specific suggestion for your company based on the information in the article. The suggestion and topic of your should coincide with the chapter in which it is assigned. For example, if it is due while the Accounting chapter is assigned, it should concern accounting topics. The should include concepts from this class and should also include the pros and cons of implementing your suggestion, allowing your supervisor to make an intelligent decision. Your should close with an action required to your supervisor based on the information you have provided. Compose your in MS Word and submit it in Blackboard rather than actually sending it as an . Format it as an and include addresses for To: and From: Subject: as well as your signature block. assignments must be completed and submitted before Sunday at 11 pm on the week it is due. Your , submitted in Blackboard as a Word document should not exceed 2 pages. Business Plan: up to 150 points This is a group project. Using the materials covered in class as well as your own idea, you will submit a 4 6 page (12 point fond, double-spaced) business plan. These page requirements do not include your Cover letter. Since this is a business that may not exist yet, you may be creative in some aspects of your business plan. However, you should be as realistic as possible and this business plan should represent a workable plan if adopted. Your business plan should include all applicable sections of the business plan described in chapter 6 of your textbook, pages Your page limitation will not allow you to discuss all of these sections too deeply. Your business plan will lack some detail that you may wish to add later if you do decide to implement your idea. In addition, every student in each group will participate in the final presentation. You will also attach each group member s résumé as part of this assignment (i.e each student will prepare his/her résumé and attach with the plan). You are the driving force of this business and your qualifications and experience are important to potential investors. The résumé you turn in should be accurate, not creative as our business plan may be. You can use the prologue chapter in the textbook, p1 - p27, for guidance on creating résumés. You may also wish to consider your schools career and advising department for assistance. BUS 101 Syllabus Page 3

4 Summary Attendance Quizzes (20) Exam #1 Exam #2 Exam #3 Case Study (2) In-Class Exercise (2) Article (1) Business Plan/Resume Business Plan Presentation Total Points Possible 120 points 200 points 100 points 100 points 100 points 50 points 50 points 30 points 100 points 50 points 900 points Point System A % A % B % B 82 87% B % C % C 70 77% D 60 69% F 0 59% Instructor s Policy Missing class: If you are going to miss class for any reason, please contact me in advance. Quizzes and examinations cannot be made up. If you miss class without prior approval during a quiz or test day, you will take a score of zero on the quiz or test that was missed. No exceptions and no excuses. Test and quizzes can only be taken before the test or quiz date. Students missing class are responsible to get any lecture notes from other students in the class. Course assignments such as homework or papers are always due on the assigned due date. Late Work: Is not accepted, no exceptions and no excuses. You either get it done and turned in on time, or you do not. Class Decorum: I will appreciate that you are not late to my class. Receiving or sending of text messages, using a laptop for something other than class work will not be tolerated. Attendance points for any given day may be reduced by half when engaging in distracting/disruptive activities such as texting/using cell phone, completing other coursework, routinely leaving class, using laptops, arriving late, leaving early, sleeping, using profanity, and possible other discretionary actions BUS 101 Syllabus Page 4

5 Consumer Information In 2008, the federal government required all post-secondary institutions offering federal financial aid programs to provide key data to both prospective and current students. To comply with this requirement, Lewis-Clark State College has developed a consumer information page, which may be accessed at Disability Accommodations Students requiring special accommodations or course adaptations due to a disability and/or a health-related issue should consult their course instructors and the LCSC Student Counseling Center immediately (RCH 111, ). Official documentation may be required in order to provide an accommodation and/or adaptation. Student Rights and Responsibilities Students have the responsibility for knowing their program requirements, course requirements, and other information associated with their enrollment at LCSC. Students should review the LCSC General Catalog ( and the LCSC Student Handbook ( for more information. Accidents/Student Insurance Students participating in LCSC classes normally must look to their personal health insurance policy (Student Health Insurance Plan or comparable private coverage) should an accident occur. In the event of an accident, please seek medical help, if necessary, and report the incident to LCSC Security ( ). Fieldtrips or other special student activities may also require students to submit a signed participation waiver (forms can be obtained from the supporting Division Office). Enrollment Verification/Attendance Students who are not actively pursuing their classes may have to repay part or all of their financial aid awards depending upon the circumstances. Academic Dishonesty Academic dishonesty, which includes cheating and plagiarism, is not tolerated at LCSC. Individual faculty members will impose their own policies and sanctions regarding academic dishonesty. Students who are accused of being academically dishonest may be referred to the VP for Student Affairs for official disciplinary action. Illegal File Sharing Students using LCSC s computers and/or computer network must comply with the college s appropriate use policies and are prohibited from illegally downloading or sharing data files of any kind. Specific information about the college s technology policies and its protocols for combating illegal file sharing may be found on the VP for Student Affairs web page ( ). BUS 101 Syllabus Page 5

6 Diversity Vision Statement Regardless of race, color, age, sex, religion, national origin, disability, veteran status, or sexual orientation, you will be treated and respected as a human being. Disclosures During this course, if you elect to discuss information with me which you consider to be sensitive or personal in nature and not to be shared with others, please state this clearly. Your confidentiality in these circumstances will be respected unless upholding that confidentiality could reasonably put you, other students, other members of the campus community, or me in danger. In those cases or when I am bound by law to report what you have told me, such as incidents involving sexual assault or other violent acts, I will submit a report to appropriate campus authorities. BUS 101 Syllabus Page 6

7 Course Schedule Week Class Session Topic Homework & Assignments Due Wednesday Course Intro Syllabus Week #1 (Jan 21) Week #2 (Jan 26) Week #3 (Feb 2) Week #4 (Feb 9) Monday Chapter 1: Taking Risks Chapter 1 Quiz Wednesday Chapter 2: Understanding Economics Chapter 2 Quiz Monday Chapter 3: Global Business Chapter 3 Quiz (Group 1 Case Study 1) Wednesday Chapter 4: Ethical Behavior Chapter 4 Quiz (Group 2 Case Study 1) Monday Chapter 5: Forming a Business Chapter 5 Quiz (Group 3 Case Study 1) Wednesday Chapter 6: Entrepreneurship Chapter 6 Quiz (Group 4 Case Study 1) Week #5 (Feb 16) Monday Wednesday President s Day No Class Entrepreneurship Questionnaire & Review for Exam 1 Study for Exam 1 Week #6 (Feb 23) Monday Exam 1 (Chapters 1 6) Wednesday Chapter 7: Management & Leadership Chapter 7 Quiz (Group 5 Case study 1) Week #7 (Mar 2) Week #8 (Mar 9) Week #9 (Mar 16) Monday Chapter 8: Structuring Organizations Chapter 8 Quiz (Group 6 Case Study 2) Wednesday Chapter 9: Production Management Chapter 9 Quiz (Group 1 Case Study 2) Monday Chapter 10: Motivating Employees Chapter 10 Quiz (Group 2 Case Study 2) Article Due Wednesday Chapter 11: HR Management Chapter 11 Quiz (Group 3 Case Study 2) Monday Chapter 12: Unions and Employees Chapter 12 Quiz (Group 4 Case Study 2) BUS 101 Syllabus Page 7

8 Wednesday Chapter 13: Marketing Chapter 13 Quiz (Group 5 Case 2) Week #10 (Mar 23) Week #11 Monday Chapter 14: Developing and Pricing Chapter 14 Quiz (Group 6 Case Study 2) Wednesday Review for Exam 2 Monday Exam 2 (Chapters 7 14) Wednesday Chapter 15: Distributing Products Chapter 15 Quiz Spring Break Monday Wednesday Spring Break: No Class Spring Break: No Class Week #12 (April 6) Week #13 (April 13) Week #14 (April 20) Monday Chapter 16: Effective Promotions Chapter 16 Quiz Wednesday Monday Chapter 17: Understanding Accounting (Part 1) Chapter 17: Understanding Accounting (Part 2) In Class Exercise Chapter 17 Quiz In Class Exercise Wednesday Chapter 18: Financial Management Chapter 18 Quiz In Class Exercise Monday Chapter 19: Securities Market Chapter 19 Quiz Wednesday Chapter 20: Money and the Fed Chapter 20 Quiz Week #15 (April 27) Monday No Class: prepare for Business Plan Presentations (Group Project) Week #16 (May 4) May 11 th Wednesday Business Plan Presentations Business plan Presentation Due Monday Business Plan Presentations Wednesday Review for Final Exam Final Exam NOTE: This syllabus is subject to change. Additional lecture topics may be added, minor changes to the schedule of topics, and changes to course policies may be required as the course progresses, and as deemed appropriate by the instructor. BUS 101 Syllabus Page 8

9 Bus 101 Introduction to Business IACBE Accreditation Component Hours A. Accounting (ACT) B. Marketing (MKT) C. Finance (FIN) D. Management 1. Management Principles (MGT) 2. Organizational Behavior (OB) 3. Human Resource Management (HRM) 4. Operations Management (OM) Total Management 24 E. Economic/Social/Legal Environment 1. Legal Environment of Business (LAW) 2. Economics (ECN) 3. Business Ethics (ETH) Total Economic/Social/Legal Environment 8 F. Decision-Support Tools 1. Information Systems (IS) 1 2. Quantitative Methods/Statistics (QM) 0 Total Decision-Support Tools 1 G. Global Dimensions of Business (GLOB) 2 H. Integrative Experience (INT) 0 Total Contact Hours 51 BUS 101 Syllabus Page 9

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