First, partial differentiation is covered with emphasis on dealing with unconstrained optimization. Then, constrained optimization is dealt first with substitution techniques and then with Lagrangian multiplier techniques. A course designed to introduce the student to the origins of management and the contributory bodies of knowledge that have been emphasized. The various functions and areas of management are stressed with special emphasis being placed on decision making. An examination of internal and external sources of funds, development of investment criteria, and the role of financial planning in the general context of corporate activity.
Consideration is given to pricing, product planning and promotion, market research, and analysis.
A study of the nature, formation and application of our legal system as a means to social, political and economic change. Emphasis will be placed on legislation and judicial decisions which have led to a regulated economy and which, at the same time provide and overview of the major areas of basic substantive law. As a member of a team of consultants, students have the opportunity to integrate management theory and practice, thought and action. They use their analytical, problem solving and communications skills to suggest courses of action to improve the operations of their client businesses. I n accomplishing this task, students apply their knowledge of the separate business disciplines of management, finance and accounting, marketing, and human resources to the solution of actual management problems.