BAM101 - Introduction to Business Administration

Outline info
Semester
School
Last revision date Jan 6, 2020 9:05:31 AM
Last review date Jan 6, 2020 9:05:31 AM


Subject Title
Introduction to Business Administration

Subject Description
This course is designed to provide students with an introduction to the Canadian business environment, business issues and functions, and the major forces at work in the global economy. It provides students with a perspective of business firms as integrated organizations composed of a number of specialized functions.

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Discuss the role and changing trends of Canadian business in the Canadian and global economic systems.
  2. Identify and describe the political, economic, social, technological and international / geographic environments within which business operates.
  3. Compare the various forms of business ownership, identify the importance of entrepreneurs, and explain the appropriate structures for setting up business in Canada, including the basic elements of a business plan.
  4. Describe the basic management functions of planning, organizing, leading and controlling as they pertain to all areas of business.
  5. Describe the elements of Human Resource Management within an organization and the importance of leading and motivating employees.
  6. Discuss ethical issues and social responsibility, and how they affect the major business stakeholders such as employees, customers, investors, the community and environment.
  7. Describe the importance of trade for Canadian business including the opportunities and challenges of conducting business in the global economy.
  8. Explain financial management as it relates to the Canadian money and banking systems, risk management, securities markets and investment functions.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Apply a systematic approach to solve problems.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Prerequisite(s)
None.

Topic Outline

  • Economics: Evolving Systems
  • Understanding Money and the Canadian Financial System
  • Politics: Governments’ Roles
  • Social: Society, Corporate Responsibility, and Making Ethical Decisions
  • Technology: Managing Information for Business Success
  • International: The Global Marketplace
  • Entrepreneurship and Small Business
  • Forms of Business Ownership
  • Management and Leadership
  • Analyzing the Business
  • Finance: Maximizing the Value

Mode of Instruction

  • Team work is assigned by the professor at her/his discretion and will include a written project. 
  • Other work may include quizzes, oral presentations, workshops, field trips, team projects, homework, class attendance or any other assigned responsibility.
  • All work must meet Seneca College's standards for English language skills and usage.  Marks will be deducted for grammar, spelling errors and incorrect MLA citation

Prescribed Texts
BAM 101 OER Book.


 
https://pressbooks.senecacollege.ca/introbusinessbam101/

Reference Material
Guide to Research and Citation, MLA Style.  Seneca Libraries, Latest Version.  Toronto: Seneca College.

http://library.senecacollege.ca/

It is strongly recommended that students work through at least one of the following resources:

  • The class online Blackboard site:  http://my.senecacollege.ca
  • Current business news via newspapers, magazines, Internet, TV, and radio.  Visit the Learning Commons for access to newspapers, magazines and the Internet.  The Toronto Star is available Monday to Friday throughout the campus.

Required Supplies
N/A

Student Progression and Promotion Policy

http://www.senecacollege.ca/about/policies/student-progression-and-promotion-policy.html

Grading Policyhttp://www.senecacollege.ca/about/policies/grading-policy.html

A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
OR
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/about/policies/academics-and-student-services.html) or at Seneca's Registrar's Offices. (https://www.senecacollege.ca/registrar.html).


Modes of Evaluation

Midterm Test  25%
Term Work*  45%
Final Exam  30%
Total 100%

Missed Tests, Presentations and Late Assignments
Students are required to complete all tests, in-class assignments, and presentations on the scheduled dates and times.  Missed tests, in-class assignments, and presentations will result in a grade of zero unless a valid, unavoidable reason has occurred and the student has notified the professor.  Supporting documentation may be required.
 
Late assignments may be subject to penalty and is at the discretion of the professor.  If there are valid reasons for the late assignment, the students must notify the professor, upon which alternative arrangements may be considered and/or arranged.
 
Note: It is recommended that students use their Seneca email account to send a message to the professor.  Using any other account may result in the message being deleted by the college’s spam filter. Always keep a copy of the email message in case verification is required.
 
Effective Business Communication and English Competency

The ability to communicate effectively is essential for success in business. Therefore, students must:

  • Demonstrate English competency in this subject in both oral and written work;
  • Strive to be clear and concise;
  • Ensure all written work is consistent with the rules of English grammar, especially in sentence structure, spelling, and punctuation; and
  • Always spell check, edit, and proofread submitted work.
 
PLEASE KEEP THIS DOCUMENT FOR FUTURE REFERENCE.  IT WILL BE REQUIRED IF YOU APPLY TO ANOTHER EDUCATIONAL INSTITUTION AND SEEK ADVANCED STANDING!

Approved by: Shahrzad Farzinpak