BAM101 - Introduction to Business Administration

Outline info
Semester
School
Last revision date 2020-09-03 16:27:58.369
Last review date 2020-09-03 16:27:58.37


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 diploma level 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.senecapolytechnic.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@senecapolytechnic.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.

Camera Use and Recordings - Synchronous (Live) Classes
Synchronous (live) classes may be delivered in person, in a Flexible Learning space, or online through a Seneca web conferencing platform such as MS Teams or Zoom. Flexible Learning spaces are equipped with cameras, microphones, monitors and speakers that capture and stream instructor and student interactions, providing an in-person experience for students choosing to study online.

Students joining a live class online may be required to have a working camera in order to participate, or for certain activities (e.g. group work, assessments), and high-speed broadband access (e.g. Cable, DSL) is highly recommended. In the event students encounter circumstances that impact their ability to join the platform with their camera on, they should reach out to the professor to discuss. Live classes may be recorded and made available to students to support access to course content and promote student learning and success.

By attending live classes, students are consenting to the collection and use of their personal information for the purposes of administering the class and associated coursework. To learn more about Seneca's privacy practices, visit Privacy Notice.

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
A variety of instructional modes will be used to support student learning, including: lectures, online discussions, videos, assigned readings and internet research, group and independent projects, and other activities as directed by the course professor. All work must meet Seneca College's standards for English language skills and usage. Marks can be deducted for errors in grammar, spelling, and/or incorrect MLA citations.

Prescribed Texts
BAM 101 Open Educational Resources (OER) Book.
 
https://pressbooks.senecapolytechnic.ca/introbusinessbam101/

Textbook purchase is not required.

Reference Material
Guide to Research and Citation, MLA Style.  https://library.senecapolytechnic.ca/mla

Students are encouraged to keep up-to-date on business news through newspapers, magazines, Internet, TV and radio, much of which is available online through Seneca Libraries News and Current Events resources:
https://library.senecapolytechnic.ca/newsandcurrentevents  and  https://library.senecapolytechnic.ca/business.

Required Supplies
N/A

Student Progression and Promotion Policy
http://www.senecapolytechnic.ca/about/policies/student-progression-and-promotion-policy.html

Grading Policy

http://www.senecapolytechnic.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.senecapolytechnic.ca/about/policies/academics-and-student-services.html) or at Seneca's Registrar's Offices. (https://www.senecapolytechnic.ca/registrar.html).


Modes of Evaluation

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

Missed Tests, Presentations and Late Assignments
Due dates for all evaluations and assessments are posted. Evaluations can include projects, podcasts, videos, assignments, quizzes and/or tests and exams. Students are expected to meet the specified dates and deadlines. Resources to help you succeed as an online learner can be found at Seneca Libraries: https://library.senecapolytechnic.ca/friendly.php?s=learning_online_at_seneca

In the case of an extenuating circumstance that results in your being unable to meet the stated deadline, you are encouraged to contact your professor. Your professor may (or may not) grant an extension to a posted due date. Such extension requests must be discussed prior to the due date, or very closely following. Late submission or completion of any assessments may be subject to a penalty grade deduction. As well, it is a best practice, for all students, to keep a copy (eg. a PDF) of all final submitted assignments.

You are welcome to discuss feedback on your completed and submitted assessments with your professor during a synchronous class, or during posted "virtual" office hours, or by a mutually agreed appointment between you and your professor.

Feedback to students regarding graded assessments can be provided in many ways including being posted to Blackboard, added to gradebook comments, taken up synchronously, and/or discussed with students. After feedback is posted and/or discussion of the assessment has taken place, any opportunity to complete or submit that version of the assessment for grades, will be deemed to be gone.
 
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