Program Review Business Administration Dr. Richard Harvey, Dean Dr. Jack Kirby, Associate Dean May 2009

Corporate Communications

To integrate real-world business communication challenges.

To edify the importance of group work and analyze its dynamics.

Business Law I

The student will know and understand factual knowledge (legal terminology, classifications) related to business.

The student will know and understand sources of law affecting business.

International Business

Expand students knowledge of international business, including foreign competitors and markets.

Improve students understanding of how cultural, political, economic, environmental, sociological, and legal differences among nations affect the process of doing business abroad.

Improve students understanding of how functional areas of international business such as marketing, management, financing, and accounting are applicable in business operating outside the United States.

Improve students development in understanding the changing international environment and its affect on businesses.

Improve students development in decision-making skills in the management of international business.

Fundamentals of Information Systems

Students should be able to apply ethical IT management concepts to gain the competitive advantage in business.

Students should be able to apply strategic information systems and reorganization principles to achieve the goals of the organization.

Corporate Communications

To integrate real-world business communication challenges.

To edify the importance of group work and analyze its dynamics.

Business Law I

The student will know and understand factual knowledge (legal terminology, classifications) related to business.

The student will know and understand sources of law affecting business.

The student will know and understand constitutional authority.

The student will know and understand how to apply legal concepts to personal and business affairs.

The student will know and understand individual rights.

The student will know and understand elements and terms of contracts.

The student will know and understand relationship of buyer/seller.

The student will know and understand ethics and social responsibility.

Business and Economic Statistics

The student will be able to understand the types of statistical data.

International Business

Expand students knowledge of international business, including foreign competitors and markets.

Improve students understanding of how cultural, political, economic, environmental, sociological, and legal differences among nations affect the process of doing business abroad.

Economic Principles and Problems I

Define economics and explain the kinds of questions that economists try to answer.

Explain and illustrate the concepts of scarcity, opportunity cost, production efficiency, and tradeoff using the production possibility frontier.

Explain how demand and supply determine price and quantity in a market and explain the effects of changes in demand and supply.

Define Gross National Product (GDP), describe how it is measured, and distinguish between nominal GDP and real GDP.

Describe the sources and types of unemployment and their economic consequences.

Define money, describe its functions, and explain how banks create money and how Fed controls the quantity of money.

Describe the sources of inflation and how it is measured.

Describe the expansionary and contractionary fiscal policy.

Explain and compare alternative monetary policy strategies.

Economic Principles and Problems II

Explain how demand and supply determine price and quantity in a market and explain the effects of changes in demand and supply.

Define, explain the factors that influence, and calculate the price elasticity of demand, price elasticity of supply, cross elasticity of demand, and the income elasticity of demand.

Explain marginal utility theory and use it to derive a consumer’s demand curve.

Explain how economists measure a firm’s cost of production and productivity in the short run and in the long run.

Describe the characteristics of the four primary market structures: perfect competition, monopolistic competition, oligopoly, and pure monopoly.

Explain how the firm determines its level of output and its profit/loss under the four primary market structures.

Describe how labor wages are determined in the case of competition, Monopoly, and labor union.

Introduction to Financial Management

Upon successful completion of the course, students will be able to explain financial markets, comprehend the time value of money, perform security valuation, and describe the relationship between risk and return.

Fundamentals of Information Systems

Students should be able to apply ethical IT management concepts to gain the competitive advantage in business.

Principles of Management

After completing reading assignments, participating in classroom discussions, and/or other activities the student will successfully demonstrate to the instructor understanding of the evolution of management thought, management concepts and analytical techniques.

After completing reading assignments, participating in classroom discussions, and/or other activities the student will successfully demonstrate to the instructor an understanding of the impact of environmental factors, and organizational culture on organization and managerial successes.

Principles of Marketing

After completing reading assignments, participating in classroom discussions, and/or other activities the student will successfully demonstrate to the instructor an understanding marketing activities and theories as they relate to creating good customer relations and satisfaction.

After completing reading assignments, participating in classroom discussions, and/or other activities the student will successfully demonstrate to the instructor his/her ability to utilize problem solving, critical thinking skills, and sound ethical marketing practices to articulate basic marketing issues.