BUSI1301

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Business Principle

BusinessAccountingUndergraduate Credit

Department(s)

Course Description

(3-3-0) This course is taken for academic credit. Students will earn an A, B, C, D, F, or W. This course provides a survey of economic systems, forms of business ownership, and considerations for running a business. Students will learn various aspects of business, management, and leadership functions; organizational considerations; and decision-making processes. Financial topics are introduced, including accounting, money and banking, and securities markets. Also included are discussions of business challenges in the legal and regulatory environment, business ethics, social responsibility, and international business. Emphasized is the dynamic role of business in everyday life.

Academic Level

Undergraduate Credit

CIP Code

52.0101 - Business/Commerce, General

Course Type (Attributes)

General Academic (ACGM) (ACGM)

Locations

Online (06), Terrell Satellite (03)

This is a Coursedog only field and is not integrated with the SIS.

Objective

Identify major business functions of accounting, finance, information systems, management, and marketing.

Objective

Describe the relationships of social responsibility, ethics, and law in business.

Objective

Explain forms of ownership, including their advantages and disadvantages.

Objective

Identify and explain the domestic and international considerations for today’s business environment: social, economic, legal, ethical, technological, competitive, and international.

Objective

Identify and explain the role and effect of government on business.

Objective

Describe the importance and effects of ethical practices in business and be able to analyze business situations to identify ethical dilemmas and ethical lapses.

Objective

Describe basic financial statements and show how they reflect the activity and financial condition of a business.

Objective

Explain the banking and financial systems, including the securities markets, business financing, and basic concepts of accounting.

Objective

Explain integrity, ethics, and social responsibility as they relate to leadership and management.

Objective

Explain the nature and functions of management.

Objective

Identify strengths, weaknesses, opportunities, and threats of information technology for businesses.