Organizational Business Decision Making

Curriculum Guideline

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Course
BUSN 4410
Discontinued
No
Course Code
BUSN 4410
Descriptive
Organizational Business Decision Making
Department
Business
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201830
PLAR
No
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
35
Contact Hours
Lecture: 1 Hour Seminar: 3 Hours Total: 4 Hours
Method(s) Of Instruction
Lecture
Seminar
Learning Activities

Lectures, seminar presentations, and case analyses and presentations requiring extensive interaction with other students and instructor.

Course Description
This course builds on the skills attained in Organizational Management Skills and continues with the application of the functions of management. Specific areas of decision-making will include financial management, human resource management, industrial relations, marketing management, and production and operations management.
Course Content
  1. Introduction:  a brief review of the principles of management.
  2. Financial management:  profitability, financial stability, liquidity, financial efficiency and growth.
  3. Human resource management:  analysis of personnel including recruitment, training, motivation, compensation, promotion, discipline, performance appraisal.
  4. Industrial relations:  union certification, union-management relations, dispute-handling mechanisms, etc.
  5. Marketing management:  product and service selection, pricing strategies, distribution, promotion, etc.
  6. Production and operations management:  basic components of a production system, key areas for management emphasis, production processes and problem diagnosis.
Learning Outcomes

At the end of the course, the successful student should be able to:

  1. apply managerial skills in the areas of financial management, human resource management, industrial relations, marketing management, and production and operations management through the use of case studies;
  2. demonstrate decision-making and problem-solving skills by analyzing situations to determine problems and opportunities, obtaining information, sorting relevant from irrelevant information, separating fact from opinion, generating and evaluating alternative courses of action, and recommending a plan of action;
  3. display communicative and persuasive skills by interacting during class discussions with other students and the instructor in achieving solutions to various problems.
Means of Assessment
Written Cases (maximum of 3)        30%
Oral presentations  20%
Take-home exam  25%
Group case  25%
  100%
Textbook Materials

Textbooks and Materials to be Purchased by Students

Humphrey, J.A., M.R. Pearce, D.G., Burgoyne, et al.  An Introduction to Business Decision Making, Latest Ed., Nelson Canada.

Prerequisites

BUSN 3310