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PELLISIPPI STATE COMMUNITY COLLEGE |
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BUSINESS FUNCTIONS |
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Class Hours: 4.0 |
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Credit Hours: 4.0 |
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Laboratory Hours:
0.0 |
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Revised: Fall 09 |
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Note: This course is
designed for transfer credit. |
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Catalog Course
Description: |
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Understanding how business
works through application and integration of fundamental business
functions. Includes aspects of marketing, finance, logistics,
operations, organizational behavior and information management. |
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Entry Level Standards: |
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Basic college-level competencies
in logic, reading, English and mathematics are presumed. |
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Corequisites: |
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ECN 2010 and ACC 2000 |
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Textbook(s) and Other
Course Materials: |
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I. Week/Unit/Topic
Basis: |
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Week |
Topic |
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1 |
Orientation to course and
resources (WSJ, Microsoft Excel 2007, Case Grader) Global Business |
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2-3 |
Finish Global Business |
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4 |
Management – Leadership and
Organization |
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5 |
Human Resource Management |
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6 |
Production & Operations
Management |
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7 |
Exam: Chapters 4, 15, 8, 9,
10 & 11 |
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8 |
Marketing Management |
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9 |
Product & Distribution
Strategies |
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10 |
Promotion & Pricing
Strategies |
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11 |
Finish Promotion &
Pricing Strategies |
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12 |
Financial Management &
Institutions |
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13 |
Financing & Investment |
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14 |
Exam: Chapters 17, 18,
& Appendices Chapters 4, 18-A & B |
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15 |
Team Presentation – Term
Projects. |
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II. Course Objectives*: |
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A. |
Demonstrate a complete and
thorough understanding of the environment of business. I, II |
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B. |
Demonstrate a complete and
thorough understanding of the trends in business today. I, II |
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C. |
Demonstrate a complete and thorough
understanding of basic management and organization. I, II, VI |
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D. |
Demonstrate a complete and
thorough understanding of basic human resources. I, II |
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E. |
Demonstrate a complete and thorough
understanding of basic marketing. I, II |
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F. |
Demonstrate a complete and
thorough understanding of basic information for business strategy and
decision-making. I, II |
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G. |
Demonstrate a complete and thorough
understanding of basic finance and investment. I, II |
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H. |
Demonstrate an
understanding of similarities and differences in business majors. VI |
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I. |
Understand how products like
Excel can be used as a tool to solve business issues. III,V, VI |
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J. |
Learn to locate, analyze and integrate information
from public sources to solve business problems. II, III, V. |
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K. |
Demonstrate ability to analyze a company using
publicly available resources. III, V. |
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L. |
Demonstrate an understanding of how the global
nature of business impacts all business disciplines. II, VI, VII |
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M. |
Demonstrate ability to effectively function as a
member of a team. IV |
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*Roman numerals after
course objectives reference TBR’s general education goals. |
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III. Instructional
Processes*: |
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Students will: |
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1. |
Practice elements of the work ethic such as
professionalism, preparedness, punctuality honesty, cooperation,
dependability, contribution, effectiveness, good manners, etc. (social/behavioral
science outcome, transitional strategies) |
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2. |
Take part in course assignments such as team
discussion; team case studies; experiential exercises; oral, written,
PowerPoint and/or email presentations; Internet research, etc. that help
develop teamwork, leadership and followership skills. (communication
outcome, social/behavioral science outcome, active learning strategies,
technological literacy outcome.) |
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3. |
Students
will analyze cases using Excel to formulate successful marketing strategies. (active learning
strategy, transitional strategies, communication outcome.) |
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4. |
Discuss
generally accepted accounting principles and how economic events are identified,
recorded and communicated to internal and external user groups. (communication outcome) |
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5. |
Students will participate in a lecture series
presented by UTK and PSTCC placement officials, focusing on careers in
business and how to find, interview for and create cover letters and resumes
for specific jobs. The Job Outlook Handbook will be used
as a guide. (transitional strategy,
communication outcome) |
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*Strategies and outcomes listed
after instructional processes reference TBR’s goals for strengthening general
education knowledge and skills, connecting coursework to experiences beyond
the classroom, and encouraging students to take active and responsible roles
in the educational process. |
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IV. Expectations for
Student Performance*: |
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Upon successful completion
of this course, the student should be able to: |
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1. |
Define business and
identify potential risks and rewards. A, B |
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2. |
Identify the ways to
measure economic performance. A |
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3. |
Discuss the challenges that
American business will encounter in the future. A, B |
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4. |
Discuss the factors that led
to the consumer movement and list some of its results. A |
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5. |
Explain the economic basis
for international business. A, B, L |
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6. |
Define the methods by which
a firm can organize for, and enter, international markets. A, B |
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7. |
Define and explain the
meaning of e-business. B, E |
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8. |
Describe the four basic
management functions. C, D |
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9. |
Identify the key management
skills and the managerial roles. C, D |
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10. |
Describe how organizations
benefit from total quality management. C |
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11. |
Explain how
decentralization follows from delegation. C |
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12. |
Describe the four basic
forms of organizational structure. C |
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13. |
Discuss the components
involved in planning the production process. C, F |
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14. |
Explain the four major
areas of operations control. C |
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15. |
Describe the major
components of human resources management. D |
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16. |
Describe cultural diversity
and understand some of the challenges and opportunities associated with
it. D, L |
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17. |
Outline the major
legislation affecting human resources management. D |
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18. |
Explain motivation. D |
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19. |
Explain several techniques
for increasing employee motivation. D |
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20. |
Discuss the sources of
unions- negotiating power and trends in union membership. D |
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21. |
Identify the main focus of several
major pieces of labor-management legislation. D |
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22. |
Describe the basic elements
in the collective bargaining process. D |
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23. |
Understand what markets are
and how they are classified. E |
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24. |
Identify the four elements
of the marketing mix and be aware of their importance in developing a
marketing strategy. E |
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25. |
Understand the major
components of a marketing plan. E |
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26. |
Discuss the produce life cycle
and how it leads to new product development. E |
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27. |
Define product line and
produce mix and distinguish between the two. E |
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28. |
Identify the major pricing
objectives used by business. E |
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29. |
Identify the various
channels of distribution that are used for consumer and industrial
products. E |
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30. |
Understand how supply chain
management facilitates partnering among channel members. E, L |
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31. |
Explain the most important
physical distribution activities. E |
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32. |
Understand the role of
promotion. E |
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33. |
Identify the major steps in
developing an advertising campaign. E |
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34. |
Describe sales promotion objectives
and methods. E |
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35. |
Discuss management’s
information requirements. F |
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36. |
Summarize how managers
evaluate the financial health of a business. F, G |
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37. |
Identify the services provided
by financial institutions. G |
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38. |
Explain the need for
financing and financial management in business. G |
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39. |
Distinguish between
short-term and long-term debt financing. G |
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40. |
Describe how securities are
bought and sold. G |
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41. |
Use financial information
to evaluate investment alternatives. F, G, J |
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42. |
Use SAM 2007 Excel software
to learn how Excel operates and how it can be used to solve business
problems. I |
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43. |
Successfully complete SAM
exam to document competence. I |
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44. |
Complete series of Case Grader
cases to document ability to utilize Excel for common business activities.
J,F |
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45. |
Research, analyze, write
and present a company analysis using basic report template. A-G, I, J, K, M |
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*Letters after performance expectations
reference the course objectives listed above. |
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V. Evaluation: |
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A. Testing
Procedures: 35% of grade |
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Exams will include both objective and essay questions, as well as short
cases. |
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B. Laboratory Expectations:
30 % of grade |
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Each student will complete
assigned Excel 2007 training exercises and will take assigned exams to
document understanding (15%) Each student will complete assigned
Case Grader training exercises (15%) |
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C. Field Work: 10% of grade |
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Team Analysis of Fortune
500 Firm – paper and oral presentation (10%) |
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D. Other Evaluation
Methods: 25% of grade |
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Homework will be assigned
throughout the semester. (cases assigned as homework, current events articles
& other activities assigned by the instructor) (10%) Quizzes to assure
assignments have been read (15%) |
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E. Grading Scale: |
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92 - 100 A |
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VI. Policies: |
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A. Attendance Policy: |
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Pellissippi State Technical
Community College expects students to attend all scheduled instructional
activities. As a minimum, students in all courses must be present for
at least 75 percent of their scheduled class and laboratory meetings in order
to receive credit for the course. [NOTE: No differentiation is
noted for excused/unexcused absences. These will be treated as an
absence.] |
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B. Academic Dishonesty: |
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Plagiarism, cheating, and
other forms of academic dishonesty are prohibited. Students guilty of
academic misconduct, either directly or indirectly through participation or
assistance, are immediately responsible to the instructor of the class.
In addition to other possible disciplinary sanctions which may be imposed
through the regular Pellissippi State procedures as a result of academic
misconduct, the instructor has the authority to assign an F or a zero for the
exercise or examination or to assign an F in the course. |
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C. Accommodations for
disabilities: |
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Students who need accommodations because of a disability,
have emergency medical information to share, or need special arrangements in
case the building must be evacuated should inform the instructor immediately,
privately after class or in her or his office. Students must present a current
accommodation plan from a staff member in Services for Students with
Disabilities (SSWD) in order to receive accommodations in this course.
Services for Students with Disabilities may be contacted by going to Goins134
or 126 or by phone: 694-6751(Voice/TTY) or 539-7153. More information is
available at www.pstcc.edu/departments/swd/ |
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D. Computer Usage
Guidelines: |
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College-owned or -operated
computing resources are provided for use by students of Pellissippi
State. All students are responsible for the usage of Pellissippi
State’s computing resources in an effective, efficient, ethical and lawful
manner. |
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