Business Administration 502. A study of the methodology of research involving research design, problem instruments, and the organization and writing of a research paper. For more information see the section on the independent study. Examination and utilization of theory and empirical evidence on macroeconomics in the business decision-making process will be stressed. Particular emphasis will be placed on inflation, interest rate changes, business taxation, and exchange rate movements.
Course consists of an application of quantitative techniques for management decisions.
Both mathematical techniques and computer analysis of decisions will be stressed. Topics will include deterministic and probabilistic models in areas such as linear and quadratic programming, inventory systems, queuing models, game theory, and simulation. An integrating course designed to develop coordinating ability and experience in the decision- making process. Taught from the point of view of the top management and by the case method, the course develops understanding of an overall point of view, through analysis of actual business situations, and an appreciation of the relations of the production department to other departments and to the business as a whole. Concluding cases place emphasis on the responsibilities of business enterprise to the community and to society in general.