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2010-2011 - Sweet Briar College

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Business<strong>Sweet</strong> <strong>Briar</strong> <strong>College</strong>functions of individual companies (production,marketing, accounting, finance, and research anddevelopment). Also covered is the managementfunction that is common to all organizations. Thiscourse cannot be counted toward the major or minorin business. Offered alternate years.BUSN 107 (3)–Business EconomicsEconomic forces are fundamental determinantsof firms’ profitability and growth, and economicthinking should inform nearly every businessdecision. This course will survey the basic principlesof microeconomics and macroeconomics,including the behavior of individuals and firms,how government policies impact markets, andthe factors determining national output, unemployment,productivity, inflation, and growth.Not open to students who have earned credit forECON 101 or ECON 102.BUSN 127 (3)–Accounting IAn examination of the accounting cycle; therecording, posting, adjusting, and closing ofaccounting data for a sole proprietor serviceand merchandising business, to include internalcontrols, receivables and payables, inventories,depreciation, and payroll. Emphasis is on the useof accounting data for decision making. III.Q.BUSN 128 (3)–Accounting IIPrerequisite: BUSN 127. This second course inaccounting builds on the concepts, principles,procedures, and analytic methods taught in theintroductory course and extends to accountingfor partnerships and corporations. Focus is onfinancial statements and interpretation of financialinformation. III.Q.BUSN 131 (3)–Fundamentals of ManagementThis course is an introduction to the managementof organizations through an examinationof management thought and theory. The coursereviews the management functions of planning,organizing, directing, and controlling withparticular emphasis on leadership, motivation,communications, and organizational changeand conflict. This course cannot be taken on aP/CR/NC grading option.BUSN 132 (1)–Fundamentals ofManagement LaboratoryPrerequisite or co-requisite: BUSN 131. Thislaboratory course gives students experience inthe management of projects that require applicationof the management functions. This coursecannot be taken on a P/CR/NC grading option.BUSN 150 (3)–Fundamentals of MarketingPrerequisite: ENGL 104 or another FYWcourse. This course is an introduction to marketing;the marketing mix, product development,pricing, distribution, and the promotionof products, services and non-profit activities.Marketing legislation and the consumer movementwill be discussed. A modified case methodwill be utilized. This course cannot be taken ona P/CR/NC grading option.BUSN 151 (1)–Fundamentals of MarketingLaboratoryPrerequisite or co-requisite: BUSN 150. Thislaboratory course gives students experience in projectsthat relate to the four marketing functions.This course cannot be taken on a P/CR/NC gradingoption.BUSN 161 (3)–Commercial LawAn introduction to how companies operating inthe United States are affected by the Americanlegal system. Areas covered include torts, agency,contracts, and other liability issues.BUSN 210 (3)–FinancePrerequisite: BUSN 128. This course examinesthe role of finance in supporting the functionalareas of a firm, and fosters an understanding ofhow financial decisions themselves create value.Topics covered include basic analytical skillsand principles of corporate finance, functionsof modern capital markets and discounted cashflow valuation, and risk analysis. III.Q, V.8a.BUSN 232 (3)–Human ResourceManagementPrerequisite: BUSN 131. This course will providean overview of human resource management principlesand concepts in today’s workplace. Studentswill study issues such as workplace organization,recruitment and hiring, policy design and its application,and current legal issues. They will also consider64­

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