Methods are offered for summarizing data, both numerically and graphically, and for drawing conclusions from sample data. Concepts of probability are examined to facilitate an understanding of statistical inference. Statistical analysis will be carried out using the computer and statistical software, thus allowing the emphasis of the course to be on design of statistical studies, collection of data, and interpretation of results rather than the details of computation. This course examines the management process of organizations from an integrative perspective, with an overview of general management functions and a focus on operations strategy. This course emphasizes development of individual presentation, interviewing and oral communication skills.
Students learn by performance, and are aided by peers, instructor and videotaped feedback.
An overview of the methods and reasoning of economics, including the nature of economic choice, the workings of competitive markets, measuring aggregate economic activity, and financial market relationships. Macroeconomics topics are examined as they relate to the business environment, including the causes and consequences of business cycles, the impact of government economic policy, and international economic relationships. Microeconomics concepts such as optimization, forecasting, supply and demand relationships, market structure, and pricing practices are applied to business decision making. A study of the legal forces that affect the conduct of business through an understanding of business law and the uniform commercial code. An examination of the function and process of government regulation and of the statutory and administrative law framework in which that regulation takes place.