The evolution of management theory will be reviewed and discussed in the context of current management thought. Emphasis will be placed on understanding the various approaches to management and their relationship to current topics in business management. This course examines the structural and environmental forces influencing the management process within organizations. This course provides an application of economic theory to problems of the organization. Applicable macroeconomic and microeconomic topics are explored.
Emphasis is on the use of economic information for decision making.
This course focuses on the legal environment of business which includes governmental regulation of business, private actions such as torts, contracts, employment law and labor law. The ability to research laws related to the student's area of interest will be emphasized. The relationship of the legal system to ethics will be explored. Students will approach accounting as the language of business and explore the information that is communicated by financial statements and other accounting reports. Both financial and managerial accounting concepts will be explored.