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DREXEL UNIVERSITY LEBOW COLLEGE OF BUSINESS BUSN 111 (SECTION 900) FOUNDATIONS FOR BUSINESS WINTER TERM 2014

4 ONLINE Sec !"# I#$ %&c "%: E%!c E' R!"$( MBA( MS Cell Phone: 856-465-2281 Email: eer24@drexel.edu Office Hours: ! "##oin$men$ E$ e-)#. /)0"%)#" Email: e%4&@drexel.edu N!c3e4$( W!44!)0 G'( Mc5&+*( 6)0e$( )#7 Mc5&+*( S&$)# . U#7e%$ )#7!#+ B&$!#e$$' 1($h Edi$ion. os$on: )c*ra+ Hill' 2(12. ,Including Mikes Bikes access card & Connect88 9LEASE NOTE, .e use a cus$om /ersion of $his $ex$ and !ou should 0O1 #urchase $he 2oo3 from a source o$her $han $he 4rexel 5ni/ersi$! oo3s$ore. 6f !ou do' !ou +ill 2e on !our o+n $o #urchase $he Connec$ and )i3es i3es #roduc$s se#ara$el!. "ddi$ional 7e8uired 7esources: B&$!#e$$ Wee3 M)+):!#e (+++.2usiness+ee3.com- ,$o s$a! informed on $he la$es$ 2usiness ne+s' i$ is recommended $ha$ !ou #urchase a su2scri#$ion $o $he #rin$ or online /ersionS"- ;)%e: We2$! e$, )i3e9s i3es ,+++.smar$sims.com- usiness :imula$ion Pac3a;e McG%);<5!44 C"##ec ,re;is$ra$ion re8uired and necessar! $o /ie+ audio PP1 lec$ures a##lica$ion /ideos for $he courseC"##ec C"&%$e L!#3,

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C"&%$e O2=ec !>e: 1he o2>ec$i/e of $his course is $o #ro/ide an in$e;ra$ed founda$ion for o$her 2usiness course+or3 a$ 4rexel 5ni/ersi$!. 6$ is desi;ned $o orien$ s$uden$s $o $he main disci#lines and func$ions of 2usiness and $o ena2le hands-on anal!sis of 2asis 2usiness informa$ion. :$uden$s +ill 2e ex#osed $o decision ma3in; in a simula$ed' com#e$i$i/e 2usiness en/ironmen$ aimed a$ de/elo#in; $eam+or3 and communica$ion s3ills. M!7 e%0 E1)0!#) !"#: F!#)4 E1)0!#) !"#: M!3e?$ B!3e$ B&$!#e$$ S!0&4) !"#: F!#)#c!)4 S ) e0e# C)$e S &7.: C4)$$ 9)% !c!@) !"# T" )4: G%)7!#+ 9"4!c., 2(? ,of final ;rade2(? 2(? 1(? @(? 100A

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4rexel im#lemen$ed #lus<minus ;radin; across $he 5ni/ersi$! in $he Aall of 2((6. 1his chan;e' ori;inall! #ro#osed 2! $he Aacul$! :ena$e Commi$$ee for Aacul$! "ffairs and a##ro/ed 2! $he Aacul$! :ena$e' +ill hel# s$uden$s 2e$$er unders$and $heir academic #ro;ress $hrou;hou$ $heir 4rexel career and allo+ facul$! mem2ers $o more accura$el!

assess s$uden$ #erformance. Plus<minus ;radin; also 3ee#s 4rexel in s$e# +i$h #eer ins$i$u$ions' as +ell as a ma>ori$! of colle;es and uni/ersi$ies $hrou;hou$ $he na$ion. 1he decision $o acce#$ $he :ena$eBs recommenda$ion +as made af$er consul$in; +i$h $he academic deans and direc$ors and $heir facul$ies' anal!%in; $he ex#eriences a$ o$her ins$i$u$ions $ha$ ha/e ado#$ed $he #lus<minus s!s$em and carefull! considerin; s$uden$ o#inion. 1hrou;h sur/e!s and a +ell-a$$ended :$uden$ Aorum +i$h 4r. )ichael 4reher of $he Aacul$! :ena$e and 4r. 0. Cohn 4i0ardo of $he Office of $he Pro/os$' s$uden$s had an o##or$uni$! $o de2a$e $he meri$s of $he ne+ s!s$em. 1he concerns $ha$ +ere raised cen$ered lar;el! on $he #ossi2ili$! of ar$ificial *P" defla$ion. Ho+e/er' ins$i$u$ions im#lemen$in; #lus<minus s!s$ems in recen$ !ears ha/e seen minimal chan;es in *P". 1he Office of $he Pro/os$ +ill assess $he im#ac$ of $he ne+ s!s$em' includin; a/era;e $erm and o/erall *P"s and dis$ri2u$ions for each academic #ro;ram and in $he a;;re;a$e' $o ensure $ha$ $he ;oal of finer assessmen$ is me$ +i$hou$ ad/ersel! affec$in; s$uden$ *P"s. "n! s$a$is$icall! si;nifican$ reduc$ions in a/era;e *P"s +ill 2e $a3en in$o accoun$ +hen de$erminin; rene+al of meri$ scholarshi#s. Aur$her' a no$a$ion +ill 2e made on s$uden$ $ranscri#$s of $he effec$i/e da$e of $he chan;e in ;radin; scale. Please refer $o $he 4rexel +e2si$e for more de$ails on $he ;radin; scale.

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A e#7)#ce: Aor online courses' s$uden$s mus$ ac$i/el! #ar$ici#a$e in $he discussion 2oards loca$ed in $he Dis$a course si$e. 0o unexcused a2sences from discussion 2oards +ill 2e #ermi$$ed durin; $he $erm. 5nexcused a2sences +ill im#ac$ hea/il! on $he class #ar$ici#a$ion ;rade. A$$!+#0e# $: "ll assi;nmen$s mus$ 2e $urned in +hen due' unless #rior arran;emen$s ha/e 2een made +i$h $he ins$ruc$or. 7eadin; $he assi;ned cha#$ers #rior $o each class +ill facili$a$e online discussions and enhance $he #o$en$ial for learnin; $he core con$en$ of each cha#$er. 1he ma$erial included in each cha#$er +ill 2e $he s$uden$9s res#onsi2ili$! $o learn. 1he ins$ruc$or ma! no$ co/er e/er! #oin$ #resen$ed in each cha#$er. Aur$hermore' $he ins$ruc$or +ill co/er more ad/anced ma$erial no$ discussed in $he $ex$. "ll assi;nmen$s $ha$ are $o 2e $urned in mus$ 2e $!#e+ri$$en on 8 EF x 11F +hi$e #a#er' dou2le s#aced' and $!#ed +i$h a 12-#oin$ 1imes 0e+ 7oman fon$. 1he s$uden$9s name' sec$ion' da$e due' and name of assi;nmen$ mus$ a##ear in $he u##er ri;h$-hand corner of all #a#ers. "ll assi;nmen$s are $o 2e sa/ed +i$h !our full name' course num2er' and $he name of $he assi;nmen$ ,exam#le: ERICBRIOSBBUSN111BFINANCIALSTATEMENTCASESTUDY -. 88NO 4) e )$$!+#0e# $ ;!44 2e )cce@ e7 )#7 #" 0)3e<&@ e1)0$ ;!44 2e +!>e#

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E1)0!#) !"#$: 1here +ill 2e 2 e8uall! +ei;h$ed non-cumula$i/e examina$ions durin; $he $erm 2ased u#on class ma$erial and $ex$2oo3 informa$ion. Examina$ions +ill 2e adminis$ered online and +ill consis$ of ma$erial co/ered in readin;s' audio #resen$a$ions' and discussions. B&$!#e$$ S!0&4) !"#: :$uden$s +ill +or3 on a $eam #ro>ec$. 1he! +ill +or3 in small $eams ac$in; as o+ners and mana;ers of a 2usiness /ia a com#u$er simula$ion mode. 1eams +ill anal!%e economic en/ironmen$' ma3e #ricin; decisions' forecas$ and #lan sales and #roduc$ion needs' use financial s$a$emen$ informa$ion' de$ermine cash needs and financin; me$hods' and consider $he research and de/elo#men$ of ne+ #roduc$s. :$uden$s +ill ha/e $o +or3 +i$h $heir $eams $o formula$e decisions $hrou;hou$ $he +ee3' +hich +ill re8uire a coordina$ion of effor$s on each $eam mem2er9s #ar$. e;innin; Class<.ee3 6' each )i3e9s i3es $eam +ill ha/e $o su2mi$ $+o decisions each +ee3. 1he firs$ one is due no la$er $han 11#m on .ednesda! and $he second is due 2! 11#m on :unda!. "ll decisions +ill 2e en$ered 2! a desi;na$ed mem2er of each $eam /ia $he :mar$sims.com +e2si$e. 5ser 6d9s and Pass+ords +ill 2e #ro/ided 2! .ee3 4 of class. F!#)4 B")%7 9%e$e# ) !"#: Each $eam +ill su2mi$ a Po+erPoin$ #resen$a$ion con$ainin; 12 $o 15 slides. 1he #resen$a$ion +ill summari%e $he ma>or s$ra$e;ies' decisions and resul$s of $he simula$ion of $he 2usiness o#era$ion. Gou should discuss !our ini$ial s$ra$e;!' +ha$ +en$ ri;h$ each decision #eriod' +ha$ +en$ +ron;' and +ha$ !ou +ould do differen$l! if ;i/en ano$her o##or$uni$! $o #la! $he simula$ion. *ra#hics mus$ 2e included in $he #resen$a$ion' as $he! hel# enhance $he deli/er! of $he informa$ion. 9ee% E>)4&) !"#$: "$ $he end of $he $erm' each s$uden$ +ill com#le$e a confiden$ial e/alua$ion of each mem2er of his or her $eam. 4urin; $he $erm' s$uden$s should 2e a+are of and record ;rou# d!namics' includin; #ar$ici#a$ion and con$ri2u$ions of $eam mem2ers $o $eam assi;nmen$s' and $he in$erac$ion of $eam mem2ers durin; ;rou# mee$in;s or +or3 sessions. 6ndi/idual ;rades recei/ed on final #resen$a$ions and $eam re#or$s +ill 2e affec$ed 2! #eer e/alua$ions. F!#)#c!)4 S ) e0e# C)$e S &7.: "n indi/idual financial s$a$emen$ case s$ud! +ill 2e due durin; .ee3 4. " )icrosof$ .ord documen$ +ill 2e #os$ed in $he H"ssi;nmen$sF sec$ion of lac32oard for ;uidance. S &7e# 9)% !c!@) !"# D&%!#+ C4)$$: Par$ici#a$ion durin; an online class is a cri$ical com#onen$ of learnin;. :$uden$s mus$ #ar$ici#a$e in all discussion 2oards and 2e ac$i/el! in/ol/ed in classroom exercises and o$her ac$i/i$ies. 1his means $ha$ all re8uired readin; and<or exercises mus$ 2e com#le$ed in order $o recei/e full #ar$ici#a$ion credi$. :$uden$s +ho are un#re#ared and do no$ ac$i/el! #ar$ici#a$e +ill ha/e $heir class #ar$ici#a$ion ;rade reduced.

Ac)7e0!c 5"#e$ . 9"4!c., 4rexel 5ni/ersi$! is commi$$ed $o a learnin; en/ironmen$ $ha$ em2races academic hones$!. 6n order $o #ro$ec$ mem2ers of our communi$! from resul$s of dishones$ conduc$' $he 5ni/ersi$! has ado#$ed #olicies $o deal +i$h cases of academic dishones$!. Please read' unders$and' and follo+ $he I"cademic Hones$! Polic!I as +ri$$en in $he Official :$uden$ Hand2oo3: h$$#:<<+++.drexel.edu<:$uden$Jife<:Jhand2oo3.h$m

S &7e# C$ Re$@"#$!2!4! !e$, I#c"0@4e e 9"4!c., "$ $he discre$ion of $he ins$ruc$or' a s$uden$ ma! recei/e a ;rade of incom#le$e if an unforeseen life e/en$ #re/en$s $he s$uden$ from com#le$in; $he re8uiremen$s of $he course. 6ncom#le$es mus$ 2e re8ues$ed 2efore $he end of $he $erm. :$uden$s recei/in; a ;rade of incom#le$e +ill 2e re8uired $o com#le$e assi;nmen$s and assessmen$s de$ermined 2! $he ins$ruc$or accordin; $o deadlines de$ermined 2! $he ins$ruc$or. Aailure of $he s$uden$ $o com#le$e course+or3 2! $he deadline s#ecified 2! $he ins$ruc$or +ill resul$ in a ;rade of IAI. 6f $he s$uden$ re8ues$s an incom#le$e ,6- or no-credi$ ,0C- ;rade' i$ is $he s$uden$Bs res#onsi2ili$! $o ma3e sure she<he mee$s $he 5ni/ersi$! cri$eria and deadlines for re8ues$in; $hese ;rades. 6f $he s$uden$ s$o#s a$$endin; $he class' she<he +ill no$ 2e au$oma$icall! dro##ed from $he course and she<he +ill recei/e a ;rade accordin; $o her<his o/erall #erformance. 6$ is $he s$uden$Bs res#onsi2ili$! $o ma3e sure $ha$ she<he is #ro#erl! enrolled or de-enrolled in $he course. Course 4ro# Polic!: 4ro##in; a course resul$s in $he course 2ein; remo/ed from $he s$uden$Bs academic record. "ll s$uden$s ma! dro# courses $hrou;h $he end of $he second +ee3 of $he curren$ $erm 2! usin; "00E7 .e2 for s$uden$s. 0o a##ro/al is re8uired for u##er class s$uden$s. Areshmen mus$ mee$ +i$h $heir academic ad/iser 2efore dro##in; a course. C"&%$e W! *7%);)4 9"4!c., .i$hdra+in; from a course resul$s in a I.I a##earin; on $he s$uden$Bs academic record. efore +i$hdra+in; from a course' s$uden$s should' as a cour$es!' consul$ +i$h $he ins$ruc$or. :$uden$s ma! +i$hdra+ from courses $hrou;h $he end of $he six$h +ee3 of classes' 2u$ from $he $hird $o $he six$h +ee3 of classes' s$uden$ mus$ o2$ain $heir ad/iserBs au$hori%a$ion 2efore +i$hdra+in;. :uch au$hori%a$ion mus$ 2e o2$ained in +ri$in; and in #erson 2! fillin; in $he corres#ondin; form. 6n $he a2sence of her<his ad/iser' $he s$uden$ mus$ o2$ain $he au$hori%a$ion from $he )ana;er of $he CoP: "cademic "d/isin; Cen$er. F!#)#c!)4 O24!+) !"#$, :$uden$s +ho do no$ sa$isf! financial o2li;a$ions $o 4rexel 5ni/ersi$! canno$ 2e en$i$led $o a ;rade 2! $he ins$ruc$or or $he 5ni/ersi$!. C*)#+e$ " $.44)2&$, )odifica$ions $o $his s!lla2us ma! 2e made durin; $he course. :$uden$s +ill 2e no$ified of an! chan;es.

SC5EDULE OF TO9ICS AND CLASS ASSIGNMENTS


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1a3in; 7is3s and )a3in; Profi$s +i$hin $he 4!namic usiness En/ironmen$L 5nders$andin; "ccoun$in; and Ainancial 6nforma$ion 5nders$andin; "ccoun$in; and Ainancial 6nforma$ion ,con9$-L )ar3e$in;

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4e/elo#in; and Pricin; of *oods and :er/icesL 5sin; :ecuri$ies )ar3e$s $o Ainance 6n/es$in; O##or$uni$iesL 6n$ro $o )i3e9s i3es - discuss simula$ion H7oll O/erF schedule Elemen$s of a usiness PlanL :mall usiness En$re#reneurshi#' Aranchisin;L Con$inue +< simula$or<;rou# assi;nmen$s

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MIDTERM EXAMINATION C*)@ e%$ 1( D( 1E( 14( 1F( G 19 O#$ions for Or;ani%in; a usiness e;in *rou# :imula$ion Pro>ec$ )o$i/a$in; $he .or3 AorceL )ana;in; Human 7esources Period 1 M 2 4ecisions 4ue 5

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Periods @ M 4 4ue

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Produc$ion and O#era$ion )ana;emen$L usiness E$hics and :ocial 7es#onsi2ili$! oard Presen$a$ion 6n$ro and 4iscuss 7e8uiremen$s usiness in a orderless .orldL )ana;emen$ and Jeadershi#

:$ra$e;ic Plan Periods 5 M 6 4ue

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7e/isi$ :$ra$e;ic Plan Periods K M 8 4ue Ainali%e *rou# Pro>ec$

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Ainal oard Presen$a$ions N 5#loaded /ia "ssi;nmen$ Jin3 Course E/alua$ions M Peer E/alua$ions 4ue FINAL EXAMINATION ()4$" Wee3 10) (C*)@ e%$ E( 4( H( F( 9( 10( 11)

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