General Business

The associate degree in General Business is designed to give graduates the knowledge and skills needed for success in an entry-level business position. The liberal arts Woods Core requirements help students become adaptive to the changing needs of the organization as well as to understand the environment in which the organization operates. The general core of business cores attunes students to broad business issues. The coursework prepares the graduate for positions that utilize fundamental business applications. The required business courses also apply to baccalaureate-level business courses at the College.

Required Business Core

30 credit hours, including a three credit hour business elective.

Studies the accounting cycle leading to the development and use of financial statements. Emphasis is on the proprietorship type of business organization.

Studies accounting for corporations and introduces accounting for management decision making. Builds on the concepts of BU 121. Prerequisite: BU 121.

Surveys the fundamental principles of macroeconomics. Provides a working understand of the economy as a whole, noting interrelationships among concerns of contemporary society, world affairs and government fiscal and monetary policies. Fulfills general studies requirement.

Surveys the various internal forces in social and business organizations from an economic viewpoint. Specific emphasis is on the relationship between a firm‘s possible form and its interaction with the consumer.

Emphasizes management functions and management systems. Enhances understanding of the managerial role and its influence on organizational performance. Facilitates understanding of managerial activities involving human, technical and conceptual skills within behavioral, classical and management science approaches.

Surveys the process of product design, packaging, pricing, advertising, distribution and sales of goods and services. Emphasizes not only management decisions made in each of these processes, but also usable management tools. Emphasis is also placed on the marketing concept of discovering and fulfilling human needs.

Studies and applies communication theory and communication as a management tool.

Focuses on the nature of law-making, the legal processes by which law is applied to resolve disputes, the value and policy that are the basis for our law and legal processes and the role of law and litigation in the conduct of everyday business affairs. Emphasis is on the fundamentals of the legal system, both philosophical and technical, which facilitate business operations and discourage or control harmful business practices. Ethical implications and standards to which business conduct should conform are considered and stressed.

Develops a basic understanding of the methods of securing and allocating financial resources within a firm. Emphasis is on financial decision making and the associated knowledge, principles and techniques. Prerequisites: BU 122 and MA 253.

Other Required Courses

3 credit hours.

Organization of data; binomial, normal and t distributions; estimation; hypothesis testing; correlation and regression; chi-square; analysis of variance; application to business decisions and experiments in natural and social sciences. Use of appropriate computer software. Fulfills general studies requirement. Prerequisite: MA112 or placement.