Introduction to Business
I. Course Prefix/Number: BUS 101
Course Name: Introduction to Business
Credits: 3 (3 lecture; 0 lab)
III. Course (Catalog) Description
Course introduces students to the study of business. Content includes issues and topics related to business and economics in the United States and globally; business careers; key components of a business plan; and the ethical, legal, and social responsibilities of business.
IV. Learning Objectives
After successful completion of this course, students should be able to:
- 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.
- Discuss how issues of social responsibility and ethics affect business as well as apply ethical, legal, and societal perspectives to business decisions and situations.
- 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.
- Use resources to effectively explore career opportunities, and create a resume.
- 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.
- Develop key components of a business plan.
- Summarize basic principles of management and the role of a manager; and recognize the differences between managers and leaders.
- Discuss current human resources management issues including employee-management issues, and motivation.
- Explain how to create value through product development, marketing, operations, quality improvement, supply chain management, the use of information, and the Internet.
- Explain the role of accountants, the purpose of various financial statements, and how financial management is used to obtain money and ensure that it is used effectively.
V. Academic Integrity and Student Conduct
• 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.
Please review the Code of Academic Conduct and the Code of Student Conduct, both located online at
VI. Sequence of Topics
- How economics affects business
- Competing in global markets
- Ethical behavior, social responsibility, and the impact of legal, ethical, and societal perspectives on decision making
- Forms of business ownership
- Entrepreneurship, starting a small business including help provided by the Small Business Administration, and franchising
- Business plans
- Management principles, the role of management, and leadership
- Human resource management
- Employee-management issues and relationships
- Creation of value by developing customer relationships through marketing including promotional techniques
- Developing and pricing products and services
- Creating value by supply chain management, and quality improvement
- Financial management, and accounting
- Securities markets
- Information technology (including word processing and electronic mail) including the use of electronic mail and word processing
- Locating and utilizing appropriate business information resources
- Career opportunities and creation of a resume
VII. Methods of Instruction
Course may be taught as face-to-face, hybrid or online course.
VIII. Course Practices Required
Students will be expected to read and write English at the college level.
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.
Course may be taught as face-to-face, hybrid or online course.
IX. Instructional Materials
Appropriate text and online resources selected by the department.
X. Methods of Evaluating Student Progress
Course grades will be determined by the student's demonstration of proficiency regarding course objectives and understanding of the course material based on the following as determined by the instructor: Class discussion, in- and out-of-class individual and group assignments and activities, attendance and participation, Internet-based activities, quizzes and/or tests.
XI. Other Course Information
Use of Computers and Information Technology:
When you apply at Oakton as a credit student, you are automatically assigned a computer network account and email address. While you are registered for classes and any financial obligations to the College are fulfilled, you may use this account to log into workstations in any of the open or classroom computer labs. Your account gives you access to the wide variety of application programs available on Oakton's Network and on-campus access to the Internet.
Rules for computer use are posted in computer labs as well as available in writing in each of the labs. Lab assistants and tutors are available to assist you in the lab regarding software and hardware questions.
Users of the College’s information technology facilities and resources, including hardware, software, networks, and computer accounts, are expected to use computer resources responsibly and appropriately, respecting the rights of other information technology users and respecting all contractual and license agreements.
Under no circumstances is any of the software used at Oakton to be copied. Copying software is in violation of Federal law and College policies. Suspected violations will be vigorously investigated and, if warranted, appropriate penalties applied. Specifically, you do not have the right (1) to make copies of software for yourself or others, (2) to receive and use unauthorized copies of software, or (3) copy all or parts of a program written by someone else.
College Policy on the Observance of Religious Holidays:
Oakton Community College recognizes the broad diversity of religious beliefs of its constituencies. The College has embraced a practice of shared responsibility in the event a religious observance interferes with class work or assignments. Students who inform instructors well in advance of an intended absence for a major religious observance will not be penalized. The instructor will make reasonable accommodations for students, which may include providing a make up test, altering assignment dates, permitting a student to attend another section of the same course for a class period or similar remedies. Instructors are not responsible for teaching material again.
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.
Oakton Community College is committed to maintaining a campus environment emphasizing the dignity and worth of all members of the community, and complies with all federal and state Title IX requirements.
Resources and support for
- pregnancy-related and parenting accommodations; and
- victims of sexual misconduct
Resources and support for LGBTQ+ students can be found at www.oakton.edu/lgbtq.