Emphasis on teamwork in organizations and survey development. Advanced study of the procedures used to determine costs for manufacturing operations. Emphasis is placed on making informed business decisions based on quantifiable data. Also includes accounting for partnerships, consignments, foreign currency translation, fund accounting and international accounting. Focuses on the taxation of estates and trusts and expands the study of personal taxation introduced in Theory of Taxation.
Attention is given to the development of minority-owned businesses.
Complex business cases integrating the fields of marketing, finance, law, accounting, economics and industrial management provide a realistic view of how general managers deal with conceptual business problems. Cases include analysis of strategic, interpersonal business problems. Topics include strategic marketing plans, organization and incentive structures for the sales force, product launch, marketing communication and integration with other essential management functions. A review of current organizational development approaches developed in the United States for possible international application. Cultural influences fostering or hindering the development of effective humanistic organizations are explored.