Introduction to Business
I. Course Prefix/Number: BUS 101
Course Name: Introduction to Business
Credits: 3 (3 lecture; 0 lab)
III. Course (Catalog) Description
IV. Learning Objectives
1. Describe the relationship between business and economics in the United States and globally, and be able to demonstrate a global perspective regarding the opportunities and challenges of conducting businesses in the global marketplace.
2. Discuss how issues of social responsibility and ethics affect business as well as apply ethical, legal, and societal perspectives to business decisions and situations.
3. Use basic information technology (including word processing and electronic mail) when communicating in writing and orally, and demonstrate the ability to find, locate and utilize appropriate business information resources
4. Use resources to effectively explore career opportunities, and create a resume
5. Describe various types of legal ownership; define what a small business and entrepreneurship are and their importance to the U. S. economy; discuss the advantages and disadvantages of operating a small business and explain how the Small Business Administration helps small businesses; and explain the various types of franchising opportunities as well as their advantages and disadvantages.
6. Develop key components of a business plan.
7. Summarize basic principles of management and the role of a manager; and recognize the differences between managers and leaders.
8. Discuss current human resources management issues including employee-management issues, and motivation.
9. Explain how to create value through product development, marketing, operations, quality improvement, supply chain management, the use of information, and the Internet.
10. Explain the role of accountants, the purpose of various financial statements, and how financial management is used to obtain money and insure that it is used effectively.
V. Academic Integrity
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.
There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.
Details of the Code of Academic Conduct can be found in the Student Handbook.
VI. Sequence of Topics
2. Competing in global markets
3. Ethical behavior, social responsibility, and the impact of legal, ethical, and societal perspectives on decision making
4. Forms of business ownership
5. Entrepreneurship, starting a small business including help provided by the Small Business Administration, and franchising
6. Business plans
7. Management principles, the role of management, and leadership
8. Human resource management
10. Employee-management issues and relationships
11. Creation of value by developing customer relationships through marketing including promotional techniques
12. Developing and pricing products and services
13. Creating value by supply chain management, and quality improvement
14. Financial management, and accounting
15. Securities markets
16. Information technology (including word processing and electronic mail) including the use of electronic mail and word processing
17. Locating and utilizing appropriate business information resources
18. Career opportunities and creation of a resume
VII. Methods of Instruction
Course may be taught as face-to-face, media-based, hybrid or online course.
VIII. Course Practices Required
Course content and assignments encourage critical thinking and use of information resources and technology. Students will be expected to work in groups as well as complete assignments requiring the use of e-mail, word processing, the World Wide Web, and information resources.
IX. Instructional Materials
X. Methods of Evaluating Student Progress
XI. Other Course Information
If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.