Nov 21, 2024  
2024 - 2025 Catalog 
    
2024 - 2025 Catalog
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MGT 153W - Introduction to Business

Credits: 3
Instructional Contact Hours: 3

Clarifies the role of business in modern society both domestic and international. Includes an overview of the American business environment, forms of business ownership, obtaining and managing financial resources, management of organizations and human resources, and current issues in the free enterprise system.

Prerequisite(s): None
Corequisite(s): None
Lecture Hours: 45 Lab Hours: 0
Meets MTA Requirement: None
Pass/NoCredit: Yes

Outcomes and Objectives
  1. Apply an introductory knowledge of best business practices. 
  1.  Describe potential risks and rewards.
  2. Identify ways to measure economic performance.
  3. Discuss future challenges to American business.
  4. Analyze steps a business must take to implement a program of Corporate Social Responsibility.
  1.  Describe the various forms of business organization.
  1.  Explain advantages and disadvantages of the different forms.
  2. Assess the contributions of small businesses and franchises to our US economy.
  3. Investigate how ethical decisions can be encouraged.
  1. Associate an introductory knowledge of people to motivation in business.
  1. Identify and explain the traditional and contemporary theories of motivation.
  2. Explain how corporate culture affects an organization.
  3. Compare and contrast the different types of leadership.
  4. Critique the steps in the managerial decision-making process.
  5. Characterize the major components of human resource management and how they help an organization reach its goals.
  6. Describe cultural diversity and the opportunities associated with it.
  1. Plan the work needed to create an organization.
  1. Identify the characteristics common to organizations.
  2. Explain the major components in human resource planning.
  3. Connect the essential elements of a successful marketing plan.
  4. Summarize the process for planning the financial management of an organization.
  5. Develop an investment strategy.
  1.  Use writing tasks to promote the learning of the foundational concepts of management.
  1. Identify, explain and apply current events in business



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