Linear programming, decision making under uncertainty, simulation, inventory models, and queuing models. Prerequisites Econ 301, Stat 341. Fundamentals of forming and managing a successful small business enterprise. Includes initiation of new enterprise, financial and administrative control, store location, promotion, personnel, and finance. Market research or business plan term paper.
Emphasis is on South Dakota law.
Legal rights and duties of parties to business transactions - sales security devices and insurance, partnerships, corporations, real property, estates and bankruptcy. Prerequisite BAdm 350. Other disciplines such as finance and marketing are discussed as they apply to the basic functions. Prerequisite junior standing or consent. Comprehensive introduction to the principles of commercial bank financial management.