Students learn how to recognize and respond to ethical problems, to understand their personal responsibility as business managers, to evaluate various ethical frameworks, to apply a process of moral decision making to ethical problems, to grasp relationships between ethical behavior and organizational structure and processes, and to manage the ethical land social problems and opportunities arising from organizational, institutional, societal, and global dimensions of the business environment. Competing in a Global Environment. This course addresses the managerial opportunities and challenges of developing world-class capabilities in globally linked economies. The focus is on organizational prototypes, and strategy formulation frameworks and systems in the context of national and international infrastructures, institutional relationships, and diverse cultures. This course provides a foundation in the use of decision technologies for solving complex management problems in a variety of functional areas.
Emphasis is given to the utilization of optimization and simulation.
Particular attention is devoted to problems in manufacturing and operations management. This course develops an understanding of how a market-based economic system reconciles the separate needs of consumers and producers and provides an economic framework for managerial decisions. Additionally, the course provides tools of analysis and concepts that are used in the MBA program's required courses. Centering on the basic concept of the business firm, it integrates the analysis of market demand with that of production and costs in the context of a variety of domestic and global market structures. The main objective of this course is to introduce participants to valuation techniques and their applications to corporate finance decisions.