Topics include forecasting, inventory management, scheduling, linear programming, and queuing theory. Emphasis on analyzing and integrating the functional areas of business administration. A practical course designed to enhance the student's ability to apply fundamental managerial techniques to the operation of the small business. The focus is on developing strengths and capabilities that are unique to small companies striving for success. Topics include entrepreneurship, strategic management, forms of ownership, franchising, cash flow management, sources of funding, building a business plan, and others.
Students create a business plan as part of the course.
Students with a 3.2 GPR in all courses and a 3.4 GPR in major courses may undertake an Honors Research program. Oral and written presentations of the results of the project will be required. Students who successfully complete the departmental Honors Research Program will graduate with honors in the major discipline. The study of basic concepts, national income determination, and the effects of monetary and fiscal policies. The study of microeconomic concepts, price theory, individual and firm choice, market structures, and the distribution of income.