These principles are applied to the investment and financing decisions of individuals and firms. Emphasis is placed on the role of time and uncertainty in making investment and financing decisions. This course deals with strategic implications of alternative methods of product cost measurement. The discussions will primarily be case-based and will cover cost measurement issues in both conventional and modern manufacturing environments. 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.
This course examines concepts, issues, and tools related to the management of ethics and social responsibility in business. Students learn how to recognize and respond to ethical problems, to understand their personal responsibilities 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 and social problems and opportunities arising from organizational, institutional, societal, and global dimensions of the business environment. This course examines the design and use of organizational human resources strategies to achieve market advantage. Emphasis is placed on the strategic decisions managers must make to integrate human resources into a successful business. Participants examine the influences of changing technologies, public policies and international competitive on staffing, compensation, employee relations and human resource development.