ST. GREGORY’S UNIVERSITY

ACE Business Module 2
COURSE SYLLABUS for October-December 2001

COURSE(S)

ACE Business Module 2
   BU 3023 Principles of Management
   BU 3033 Principles of Marketing
   BU 3043 Principles of Finance

TIME/LOCATION

Monday, 1730-2130 (5:30-9:30 pm), Room 317/318

PREREQUISITE

Completion of ACE Business Module 1, or equivalent

INSTRUCTORS

Larry Cotter

Mayda Shorney

E-MAIL

proflcot@aol.com

mshorney@sgc.edu

PHONE (Home)

405 917-1791

405 214-6449

OFFICE

Room 442c, Ext. 5158

Room 442a, Ext. 5159

OFFICE HOURS

M 1600-1700, or by appointment

MW 1600-1700or by appointment

WEB SITE

http://intranet.sgc.edu/people/faculty/ljcotter/

http://intranet.sgc.edu/people/faculty/mshorney/

 

COURSE DESCRIPTIONS FROM OFFICIAL BULLETIN

 

BU 3023                  Principles of Management

An introductory course to the management process providing an in-depth study of the organizational functions of planning, organizing, leading, and controlling for industrial and other organizational enterprises.  Problems and cases analyses of classic and contemporary management issues and conflicting interests in traditional and virtual organizations.

 

BU 3033                  Principles of Marketing

A decision-oriented overview of marketing management in traditional and virtual organizations.  The basic objectives of the course are to provide the student with a broad introduction to marketing concepts, the role of marketing in society and in the firm, and the various factors that influence marketing decision-making.

 

BU 3043                  Principles of Finance

A study of the organization’s problems in obtaining, allocating, and managing funds.  It examines the sources of funds; costs of obtaining these funds; management of the firm’s capital structure; and financial planning for a firm’s growth and expansion.  Emphasis is placed upon the composition of capital structure, capital budgeting, and the cost of capital theories. Problems and case analyses study bond and stock markets, as well as short-term financing issues. 

 

OBJECTIVES

·         Understand the historical foundations of management and the changes in management.

·         Become familiar with law, values, and ethical behavior.

·         Learn the role of strategy and strategic management.

·         Learn how to set short-term and long-term strategic plans.

·         Understand organizing trends in the modern workplace.

·         Understand organizational design and how to develop a quality workplace.

·         Explain how to motivate the workforce.

·         Discuss the importance of job design, performance and evaluation.

·         Describe the trend towards the use of teams in business.

·         Understand the role of marketing and marketing strategy within the firm

·         Describe the changing marketing environment.

·         Learn why people buy what they buy.

·         Understand the elements of product planning for goods and services.

·         Discuss distribution channels including the role of retailers and wholesalers.

·         Understand promotion and personal selling.

·         Learn pricing policies and pricing in the business environment.

·         Develop a marketing plan.

·         Implement marketing plans and link them with other areas of management

·         Discuss the risk-return tradeoff.

·         Know how to employ the principles of the time value of money.

·         Discuss the timing of cash flows.

·         Compare and contrast long-term debt, preferred stock, and common stock.

·         Discuss the components in a project’s cost of capital.

·         Demonstrate knowledge of the effects of debt upon a firm’s capital structure decisions.

·         Employ dividend policy to maximize a firm’s financial performance.

 

ACHIEVING THESE OBJECTIVES

A complementary objective of this course is to provide you with an environment that will encourage and reward your own intellectual effort, while simultaneously maintaining rigorous standards that identify those who are motivated to pursue excellence in their own educational preparation.

 

MISSION OF THE DIVISION OF BUSINESS SCIENCE

The goal of the Division of Business Science at St. Gregory's University is to convey the business skills necessary to survive in the 21st Century while encouraging personal integrity, charity, and growth.

 

ACADEMIC HONESTY

Students are advised that cheating and plagiarism are not tolerated at St. Gregory’s University.  Students are expected to abide by the University's academic regulations and policy and are responsible for awareness of the University's definition of these activities. The consequences of violating the academic honesty standard may include a grade of "0" on the assignment/exam, a grade of "F" in the course, and, possibly, expulsion from the University.

 

REQUIRED TEXTBOOKS

·         Montana, Patrick J. and Bruce H. Charnov, Management, Third Edition, Barron's Educational Service, 2000.  ISBN 0764112761

·         Sandhusen, Richard L., Marketing, Third Edition, Barron's Educational Service, 2000. ISBN 0764112775

·         Groppelli, A.A., and Ehsan Nikbakht, Finance, Fourth Edition, Barron's Educational Service, 2000. ISBN 0764112759

 

CURRENT EVENTS, PRACTICAL APPLICATIONS, AND THE INTERNET

We will use current events to analyze managerial, marketing, and financial concepts and apply what we are studying to real-world companies.  Use the Internet to aid your research.

 

INTERNET RESOURCES

http://www.sec.gov/

http://www.cbsmarketwatch.com/

http://www.nasdaq.com/

http://www.disclosure.com/

http://www.hoovers.com/

http://www.quicken.com/

http://www.wsj.com/

http://www.barrons.com/

 

METHODS OF ASSESSMENT AND STUDENT EVALUATION

Mid-term exam

 

30%

Report

 

35%

Presentation

 

35%

Total

 

100%

 

EXAMINATIONS, REPORTS, AND PRESENTATIONS

·         If any exam question is left unattempted, the value of that question will be subtracted from the exam score.

·         If the exam is missed, your total points possible will be adjusted accordingly.

·         Reports are to have 1-inch margins, be in Times New Roman 12 font, have a cover memo, and supporting bibliography with at least 5 sources cited. 

·         PowerPoint is to be used for the presentation.

·         Hardcopies of your report and presentation go to Mr. Cotter, and e-mail same to Dr. Shorney.

 


ATTENDANCE POLICY

Attendance is recorded and reported. However, attendance does not add points to the grade. Students should be aware that research shows a strong correlation between attendance and course grade. Absence will not be considered an excuse for submitting assignments late.

 

COURSE OUTLINE

The schedule is flexible. Much material is required. It is not possible for an instructor to cover all the course material without student independent study. As students are interested in a particular topic or as test scores warrant review, more time will be spent on a chapter, or as may be required.

 

Wk

 Ch

Management

Ch

Marketing

Ch

Finance

1

 

Sources on the Internet

 

Sources on the Internet

18

Financial Statements and Ratios

 

 

 

 

 

21

Financial Software and the Internet

2

1

What is Management: Definition and Overview

1

The Marketing Process: Basic Concepts

1

What is Finance All About?

 

2

Management: History and Concepts

2

The International Market: Forces and Opportunities

16

Financial Planning

 

 

 

3

Marketing Management and Strategic Marketing Planning

2

Business Types and Taxation Methods

3

4

Management and the Environments of Business

4

The Marketing Environment

3

The Value of Money Over Time

 

6

An Overview of the Functions of Management

5

The International Marketing Environment

4

Risk and Return

 

 

Case: Southwest Airlines

6

Marketing Systems

5

Valuation Methods

 

 

 

 

(Theodore Levitt article)

 

 

4

7

Planning

7

Marketing Information Systems and Marketing Research

6

Capital Budgeting: Preliminary Steps

 

8

Planning: Strategy Formulation

8

Marketing Research: Tools and Techniques

7

Capital Budgeting Methods: With No Risk

 

 

(Harley Davidson)

9

Consumer Behavior

8

Capital Budgeting Methods: With Risk

 

 

 

 

Case in text, p. 129: Neogotiating Contracts

 

 

5

 

Mid-term exam due

 

Mid-term exam due

 

Mid-term exam due

 

10

Basic Concepts of Organizing

10

Organizational Markets and Buying Behavior

9

Cost of Capital

 

11

Organizational Structures: Concepts and Formats

11

Market Segmentation, Targeting, and Positioning Strategies

10

Capital Structure

 

12

Staffing: Human Resources Management

12

Measuring Market and Sales Potential

11

Dividend Policy

 

 

(Wal-Mart)

 

(Marketing bottle sauces to ethnic groups)

 

 

6

13

Motivation: Theory and Practice

13

Product Planning I: Product/Market Growth Strategies

13

Leases

 

14

Leadership: Theory and Practice

14

Product Planning II: Product Design and Development Strategies

15

Short- and Long-Term Financing

 

 

Case Study: Jack Welch

15

Establishing Pricing Objectives and Policies

 

 

 

 

 

16

Formulating Pricing Strategies and Tactics

 

 

 

 

 

 

Case in text, p. 449: Overseas Trade Shows

 

 

7

16

Work Group Dynamics and Creativity

17

Promotion Planning I: Indirect Promotion

 

 

 

17

Communication Skills and Management Effectiveness

18

Promotion Planning II: Sales and Sales Management

 

 

 

18

Managing Organizational Change

19

Distribution Planning I: Channel Strategy

 

 

 

 

 

20

Distribution Planning II: Logistics Systems

 

 

 

 

 

 

Case in text, p. 499: Direct & Indirect Selling

 

 

8

 

Presentations

 

Presentations

 

Presentations

 

 

Report due

 

Report due

 

Report due

 

 

(To be furnished)