The Business Management minor provides the fundamental management perspectives that prepare you to grasp the business potential of any major.
This course provides an introductory view of contemporary organizations and the impact of change in the workplace of the twenty-first century. Of particular note is the use of emerging technologies in business and community settings. Students learn about organizational environments, the processes for managing these environments, and the roles of individuals to achieve organizational goals. Students also acquire an understanding of the various functions of management and the importance of effective communication in the workplace. Current theories and methods to effectively plan and manage change in public, private, and non-profit sectors are examined. The changing nature of organizational leadership is explored with particular emphasis on the realities.
Students learn the basic concepts needed to analyze the financial status of an organization, and learn to use financial analysis for managerial decisions. Through step-by-step procedures, students learn how to develop and use basic accounting tools starting with the creation of balance sheets and income statements to the completion of other accounting records to form a complete accounting system. Other topics covered are revenues and monetary assets, inventories and cost of sales, depreciation, working capital, consolidated statements, and useful ratios for financial analysis.
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