Students will analyze and interpret numerical data for management decision-making applying techniques such as data sampling, statistical inference, hypothesis testing, correlation studies, regression analysis, queuing models, distribution models and decision theory. This course examines domestic money and capital markets. Students study the movement and impact of interest rates in domestic and international markets. Students also analyze and compare regional economic and trade blocs and prominent economic systems. This course examines theoretical and pragmatic issues facing organizations and leaders today.
Students study modern concepts, strategies and techniques in solving organizational issues.
Students are introduced to principles of ethical thinking and their application to business situations and decision-making. Critical thinking, decision making, ethics and communications are among the recurring themes. This course examines how a business conveys the value of its product and services to customers. Students examine various methods to identify customer needs, product design, customer and product service, and communicating with current and potential customers. Students also analyze competition, consumer analysis, product pricing and promotion, channels of distribution, and company capabilities.