Dec 26, 2024  
2022-2023 Course Catalog 
    
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2022-2023 Course Catalog [ARCHIVED CATALOG]

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BMGT 1020 - Introduction to Business

Credits: 3
Hours/Week: Lecture None Lab None
Course Description: This course is a study of contemporary business concepts in the areas of economics, business formation, management, marketing, accounting, finance and the future scope of business. The emphasis of the course includes learning business terminology and understanding applications of concepts in the business world. The perspective includes business interrelationships within the economic, legal, technological, competitive, social, and global environments.
MnTC Goals
None

Prerequisite(s): None
Corequisite(s): None
Recommendation: None

Major Content
  1. Trends Affecting Business
  2. Economic Issues Affecting Business
  3. World Economic Systems
  4. Forms of Ownership
  5. Entrepreneuring and Franchising
  6. Small Business Management
  7. Management and Leadership
  8. Organizing a Business
  9. Production and Operations Management
  10. Motivation
  11. Human Resource Management
  12. Marketing Fundamentals
  13. Product Development and Pricing
  14. Distribution
  15. Promotion
  16. Accounting Fundamentals
  17. Financial Management
  18. Stocks and Bonds
  19. Money and Financial Institutions
  20. Risk Management
  21. Legal, Ethical, and Socially Responsible Management
  22. International Business

Learning Outcomes
At the end of this course students will be able to:

  1. define basic business terminology.
  2. describe business activities related to business formation, marketing, management and finance.
  3. analyze business opportunities and constraints in the contexts of social, economic, legal, technological, competitive and global environments.
  4. critique business literature.
  5. discuss various specialty areas: accounting, management, marketing, and office technology.
  6. explore career opportunities in business.

Competency 1 (1-6)
None
Competency 2 (7-10)
None


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