Goal 1: Students understand current business practices and theories, and the environment in which business operates, and are able to utilize and integrate business concepts to make sound organizational decisions.
Objective 1: Access and explain financial data in key financial statements and use the data to describe the financial situation of a business.
Objective 2: Identify relevant environmental variables in conducting a market analysis for an organization’s products or services, and incorporate those variables appropriately into strategic recommendations. (Marketing)
Goal 2: Students understand that effective leadership in businesses and organizations is a social process involving taking initiative and influencing others to take action that results in creating value for stakeholders and organizations.
Objective 1: Demonstrate awareness that they are leaders responsible for taking initiative to address team and organization challenges and opportunities.
Objective 2: Know how to use interpersonal communication and influence in teams and organizations to facilitate results that honor both the perspective of those involved and the needs of the organization.
Goal 3: Students demonstrate critical thinking in their identification, analysis, and decision making in a business situation.
Objective 1: Students can identify the key business problem presented by a specific situation.
Objective 2: Students can analyze alternative solutions in a business problem using appropriate quantitative and qualitative criteria and methods.
Objective 3: Students can make and defend an appropriate business decision.
Goal 4: When presented with an ethical situation, students recognize and describe the ethical dilemma, critically evaluate it and offer an ethically defensible response.
Objective 1: Explain the nature of the dilemma in an ethical situation, including factors that may have contributed to its occurrence.
Objective 2: Name the relevant stakeholders in an ethical situation and identify the legitimate interests, rights and duties of each.
Objective 3: Develop a set of viable options in a particular situation and discuss how these options may serve or compete in service to the good of individual persons, the group, the organization, or the broader community.
Objective 4: Develop an ethically defensible recommendation for action in a given situation.