General Business

Studies the accounting cycle leading to the development and use of financial statements. Emphasis is on the proprietorship type of business organization. Campus: Fall, every year; WOL: August, January.

Studies accounting for corporations and introduces accounting for management decision making. Builds on the concepts of BU 121. Campus: Spring, every year; WOL: October, March. Prerequisite: BU 121.

Surveys the fundamental principles of macroeconomics. Provides a working understanding of the economy as a whole, noting interrelationships among concerns of contemporary society, world affairs and government fiscal and monetary policies. Campus: Fall and Spring, every year; WOL: March.

Surveys the various internal forces in social and business organizations from an economic viewpoint. Specific emphasis is on the relationship between a firm’s possible form and its interaction with the consumer. Campus: Spring, every year; WOL: October, March.

Emphasizes management functions and management systems. Enhances understanding of the managerial role and its influence on organizational performance. Facilitates understanding of managerial activities involving human, technical and conceptual skills within behavioral, classical and management science approaches. Campus: Fall, every year; WOL: August, March, and May.

Surveys the process of product design, packaging, pricing, advertising, distribution and sales of goods and services. Emphasizes not only management decisions made in each of these processes, but also usable management tools. Emphasis is also placed on the marketing concept of discovering and fulfilling human needs. Campus: Fall, every year; WOL: August, January, and May.

Studies and applies communication theory and communication as a management tool. Camupus: Spring, every year; WOL: October and January.

Focuses on the nature of law-making, the legal processes by which law is applied to resolve disputes, the value and policy that are the basis for our law and legal processes, and the role of law and litigation in the conduct of everyday business affairs. Emphasizes the fundamentals of the legal system, both philosophical and technical, which facilitate business operations and discourage or control harmful business practices. Ethical implications and standards to which business conduct should conform are considered and stressed. Campus: Spring, every year; WOL: August, March.

Develops a basic understanding of the methods of securing and allocating financial resources within a firm. Emphasis is on financial decision making and the associated knowledge, principles and techniques. Campus: Fall, every year; WOL: October, January. Prerequisites: BU 122.

Elementary introduction to statistical reasoning, including sampling, organization and presentation of data, elementary probability, statistical inference and data analysis. In particular, topics covered include: the nature of probability and statistics; organization and presentation of data; measures of central tendency, variation and position; probability; binomial, normal and t distributions; estimation and confidence intervals; hypothesis testing; z and t tests, correlation and regression, and chi-square tests; applications to the natural and social sciences, business, education, and government. Use of appropriate computer software and technology resources. Fulfills Woods Core requirement. Prerequisite: MA 105 or placement.