2012–2013 UNIVERSITY CATALOG - Florida Institute of Technology

BUS 4605 RETAIL MANAGEMENT (3 credits). Presents the point of view of
a potential manager. Provides a foundation for management decision-making in a
rapidly changing retail environment. Includes retail strategy, service retailing, legal
and ethical issues, information systems, buyer behavior, merchandise management
and international retailing. Prerequisites: BUS 3501 or EMG 3301, BUS 3601 or
EMK 3601.
BUS 4607 BRAND MANAGEMENT MARKETING (3 credits). Introduces
branding as it relates to consumer behavior. Includes creating and sustaining shareholder
value through brands. Uses theory and real-world cases to examine branding in
terms of positioning, design and packaging, integration, brand equity and corporate
identity. Requires initiation and completion of a brand audit. Prerequisites: BUS 3601
or EMK 3601.
BUS 4684 SENIOR BUSINESS RESEARCH (3 credits). Familiarizes the
student with research methodologies commonly used in the social sciences. The
essential goals are to enable students to conduct research and interpret research
findings and assess the quality of published research. (Requirement: Senior standing.)
Prerequisites: BUS 2703.
BUS 4686 INTERNATIONAL MARKETING (3 credits). Addresses the
importance of gathering, analyzing, disseminating and responding to international
sources of marketing intelligence. Students learn to analyze environmental forces,
make marketing mix decisions, and plan and implement international market entry
strategies. Prerequisites: BUS 3601.
BUS 4687 CONSUMER BEHAVIOR (3 credits). Examines the consumer
decision-making process and its societal, cultural, environmental, group and economic
determinants. Gives particular attention to the consumer motivations, values, wants
and needs in determining consumer behavior. Prerequisites: BUS 3601.
BUS 4701 INTERNATIONAL BUSINESS (3 credits). Introduces the environmental
factors confronting managers in international operations: cultural, economic,
legal, political and institutional determinants. Examines problems associated with
managing organizational, financial, marketing and production policies in a global
marketplace. Prerequisites: BUS 3401, BUS 3501.
BUS 4702 BUSINESS STRATEGY AND POLICY (3 credits). Reviews basic
concepts and techniques used in formulating competitive strategy at the corporate,
business and functional levels. Introduces business models to provide a learning experience
in quantitative aspects of strategy formulation in a competitive environment.
Must be taken in the final semester before graduation. Corequisites: BUS 4000.
BUS 4705 FINANCE IN PRIVATELY OWNED COMPANIES (3 credits).
Explores alternative capital structures and financial structures of private companies,
managing cash balances and cash flow to sustain company growth, questions of intellectual
property and the valuation of non-publicly traded companies. Prerequisites:
BUS 3401.
BUS 4782 PRACTICUM IN BUSINESS (6 credits). Real-world business experience
complements the varied academic disciplines covered in the business curriculum.
Minimum requirements include written and oral presentations, weekly summary
reports and 240 hours working at a host employer’s location. Must be taken in the final
semester before graduation. (Requirement: Senior standing in business.) Corequisites:
BUS 4702.
BUS 4783 PRACTICUM PLANNING (0 credits). Allows the student real-world
business experience that complements the varied academic disciplines covered in
the business curriculum. The planning process must be taken in the second to last
semester before graduation. (Requirement: Senior standing in business.)
BUS 4786 MAJOR FIELD PRACTICUM (3 credits). Links academic study and
the practices of the major field of study in the workplace. Requires written and oral
presentations, weekly summary reports and 150 work hours at a host employer’s location.
For College of Business majors only. (Requirement: Must be taken in the final
semester before graduation.) Prerequisites: BUS 4702, BUS 4783.
BUS 4790 DIRECTED BUSINESS STUDY (3 credits). Studies in depth the
topics or problems of current interest to practicing managers. Requires students to
develop and present a formal report that includes a statement of the objectives of the
study effort, survey of the literature, methodology, analysis, results, conclusions and, if
appropriate, recommendations. (Requirement: Associate dean approval.)
BUS 4801 INTERNATIONAL TRADE (3 credits). Investigates why nations trade,
what they trade and how they benefit from exchange. Includes topics on classical,
neoclassical, modern and post-modern theories of trade; commercial policy instruments
and their welfare effects; economic integration; international factor movements;
and trade development. Prerequisites: BUS 3802.
BUS 4802 GLOBAL ACCOUNTING AND TAX (3 credits). Integrates the functional
areas of accounting with business administration in a global decision-making
framework. Provides business managers with an understanding of the numerous
differences that exist between countries and the problems multinational companies
face in interpreting international accounting information. Prerequisites: BUS 2211,
BUS 2212.
240 Florida Tech
BUS 4803 GLOBAL FINANCIAL MANAGEMENT (3 credits). Extends the
principles of finance to an international context. Emphasizes currency fluctuation,
measuring and hedging exchange rate risk, comparative capital structure, multinational
investment, international capital budgeting and taxes. Prerequisites: BUS 3401,
BUS 3802.
BUS 4804 BUSINESS IN THE WESTERN HEMISPHERE (3 credits).
Introduces the business environment and practices of Western Hemisphere countries.
Includes both theoretical and practical experience with environmental factors confronting
managers in international operations. Also includes research and study of the
history and economic development of major economies of the Western Hemisphere.
Prerequisites: BUS 3801, BUS 3802.
BUS 5011 MANAGEMENT THEORY AND THOUGHT (3 credits). Overviews
classical and contemporary management philosophies and theories. Focuses on
managing enterprises in today’s rapidly changing global economy. Includes developing
strategic vision, planning, organizing, directing and controlling, social responsibility
and international management.
BUS 5017 PROGRAM MANAGEMENT (3 credits). Studies the responsibility
and authority of a program manager and the integration of program functions in
complex organizational structures. Discusses interpersonal relationships within matrix
organizations, as well as program conflict resolution and organizational priorities.
(Requirement: Prior completion of foundation requirements.)
BUS 5023 MANAGEMENT AND ADMINISTRATION OF CONTRACTS
(3 credits). Offers a comprehensive analysis of the procurement process and the
resulting contractual relationships. Topics range from a history of procurement
through considerations dealing with applicable laws, policies, regulations, methods
of contracting, types of contracts and cost-pricing principles.
BUS 5070 SPECIAL TOPICS IN BUSINESS (3 credits). Independent study in
some area of business that allows the student to work closely with a faculty member
and probe a subject within the business discipline in greater depth than is normally
possible in a regular class. Requires a comprehensive term paper.
BUS 5138 BUSINESS ETHICS (3 credits) (3 credits). Aims primarily to increase
student understanding of the concepts of moral philosophy and their relevance to
decision-making. Provides an opportunity for students to apply this understanding in
a wide variety of practical management settings. Makes extensive use of case analyses.
(Requirement: Prior completion of foundation requirements.)
BUS 5211 PROCUREMENT AND CONTRACT MANAGEMENT (3 credits).
Overviews in depth the federal acquisition process and introduces the basic concepts,
policies and procedures incident to government contracting through the FAR and
supplementing directives.
BUS 5213 CONTRACT CHANGES, TERMINATIONS AND DISPUTES
(3 credits). Uses case studies and lectures to provide an in-depth examination of the
post-award management problems associated with contract administration. Covers
contract changes, terminations and disputes, as well as other issues. Prerequisites:
BUS 5211.
BUS 5214 COST PRINCIPLES, EFFECTIVENESS AND CONTROL
(3 credits). Financial and accounting overview of government acquisition policy
and procedures. Prerequisites: BUS 5430.
BUS 5217 CONTRACT AND SUBCONTRACT FORMULATION (3 credits).
Studies in depth the pre-award phase of the federal acquisition process. Uses class
discussions and case studies to examine management problems from the perspective
of the contracting office, requisitioner, courts, Congress and the contractors.
Prerequisites: BUS 5211.
BUS 5218 CONTRACT NEGOTIATIONS AND INCENTIVE CONTRACTS
(3 credits). A seminar in which negotiation concepts and techniques are explored,
analyzed, discussed and then placed into practice using mock negotiations. Examines
all types of contracts. Prerequisites: BUS 5211.
BUS 5220 CONTRACT MANAGEMENT RESEARCH SEMINAR (3 credits).
Advanced research seminar devoted to study and research of topical government
contract management issues. Prerequisites: BUS 5211.
BUS 5307 MANAGING HUMAN FACTORS (3 credits). Gives theoretical
and practical experience with human-computer interactive system design concepts.
Includes next-generation user interfaces, computer task analysis, human-computer
design guidelines and history, usability engineering, and testing and enhancing Web
design interaction.
BUS 5411 STATISTICAL METHODS FOR BUSINESS (3 credits). Students
learn to apply statistical methods to compare, examine and estimate the outcome
of various management options. Includes statistical estimation, hypothesis testing,
regression analysis, ANOVA, correlation analysis, sampling, time-series, decision
theory and use of SPSS.
BUS 5421 MANAGERIAL ECONOMICS (3 credits). Provides an understanding
of the microeconomic forces that influence firm decision-making. Includes competitive
markets and market failure, benefit-cost analysis, demand estimation and forecasting,
decision-making under risk and uncertainty, production and cost estimation, and
market structure analysis.