St. Clair County Community College 2005-2006 Catalog
USINESS ADMINISTRATION AND ECONOMICS
Business Department 810-989-5575
BUS 058 Business Arithmetic. This course is designed to review the fundamental processes in arithmetic: addition, subtraction, multiplication and division of whole numbers, fractions and decimal numbers, in addition to a complete review of percentages. The course covers business applications in discounts, banking, simple interest, percentage, and invoicing, and also serves as a preparation, but is not a prerequisite, for BUS 158.
Calculators are not used.
Prerequisite: None
3 credits = 3 lecture
BUS 150 Principles of Business. This course covers the fundamentals of the following: career choices, trends and economic issues affecting business, forms of business ownership, entrepreneurship and franchising, starting a small business, marketing principles, pricing, distribution, wholesaling and retailing, promotion and marketing research, management and leadership, organizing a business, production and operations management, management tools for information processing, motivating employees, human resource management, employee management issues, accounting fundamentals, financial management, stocks and bonds, financial institutions, insurance, legalistic versus ethics-based management, and international business.
Prerequisite: None
4 credits = 4 lecture GA
BUS 152 Management Field Visits. This course will provide opportunities for field visits to a variety of businesses and organizations in southeastern Michigan and includes on-site interaction with professionals in a variety of management career areas, such as: human resources management, labor-management relations, production management, international business management and marketing management. Field visits to the Detroit Office of the Equal Employment Opportunity Commission and a business employing Japanese/American management styles are usually included. Each field visit generally includes an escorted tour of the facility, a presentation by management professionals and a question/answer session. Contact the Business Administration Department for a current list of organizations scheduled to be visited. This course is offered Spring Term or upon student request.
Prerequisite: BUS 150 or BUS 155
1 credit, plus 1 contact hour* = (2 lecture/laboratory)
BUS 153 Introduction to Business Law. This course serves as an introduction to the concepts and use of law as a social institution. The impact of the legal environment on business decisions including contracts and product liability are also covered.
Prerequisite: None
3 credits = 3 lecture CT BUS 155 Principles of Management. This is a course that surveys principles and practices of business from the point of view of the manager as well as that of the employee. The course also presents a detailed development of the functions of management.
Prerequisite: BUS 150
3 credits = 3 lecture
BUS 156 Applied Management. This course extends the knowledge of the student beyond the management principles level. Emphasis will be on the application of management concepts and principles to real world management situations. The mode of instruction will be varied, using lectures, reading assignments, group projects, case analysis and field interviews. Offered Winter semester only.
Prerequisite: 20 credits completed
3 credits = 3 lecture OC CT
BUS 158 Business Math. This course focuses on the application of mathematics fundamentals to a variety of business problems including payroll, interest, insurance, inventory, taxes, pricing, investments, financial statements, depreciation, statistics, graphs, etc. Calculator application to problem solutions will be stressed.
Prerequisite: BUS 058 or successful completion of the Math Assessment Test
4 credits = 4 lecture MA CT
BUS 160 Leadership Development (DECA). CURRENTLY INACTIVE. See note at the end of the course listings.
BUS 180 Marketing Principles. Dealing with the structure of the marketing system and the basic problems in marketing, this class also covers the factors of selling, advertising promotion, pricing, and the channels of distribution of any product or service.
Prerequisite: BUS 150
4 credits = 4 lecture
BUS 181 Professional Selling. This class covers the basic fundamentals of professional selling, adaptable to any product or potential customer. A concentrated study is made of satisfying customer needs and recognizing individual motives for purchasing.
Prerequisite: None
3 credits = 3 lecture OC
BUS 185 Principles of Retailing. This class is designed to give the prospective store or franchise owner or manager the necessary background for a successful career in retailing. The material covered will include current practices and methods as well as equipment used in retailing. The topics include store layout, management of personnel, the buying function, retail advertising and control procedures. Winter semester only
Prerequisite: BUS 150 and BUS 180
3 credits = 3 lecture BUS 188 Directed Business Study. The study will be directed by a business instructor. Activities may include research, projects, papers, examinations, field training or employment. Fall semester only.
Prerequisite: Permission of instructor.
1 to 4 credits
BUS 199 Personal Investing. An analysis of the fundamental principles of investing and their role in family financial management is the primary focus. Emphasis will be upon developing terminology, and understanding the types of alternative investments (common and preferred stocks, bonds, mutual funds, and real estate.) An in-depth study of these investments and the external forces that affect them will also be presented. Analysis of personal objectives and financial planning will be discussed and put into practice. Winter semester only.
Prerequisite: None
3 credits = 3 lecture
BUS 221 Principles of Economics I. General economic concepts will be examined by covering the following: the nature and method of economics, an introduction to the economizing problem, pure capitalism and the circular flow, understanding individual markets - demand and supply, the fundamental market questions, the economic functions of government, the facts of American capitalism - the private sector and the public sector, measuring national output, national income and the price level, macroeconomic instability - unemployment and inflation, aggregate demand and aggregate supply, classical and Keynesian theories of employment, equilibrium national output in the Keynesian model, fiscal policy, money and banking, how the banks create money, the federal reserve banks and monetary policy, budget deficits and the public debt, and economic growth.
Prerequisite: 20 credits completed
3 credits = 3 lecture GA CT
BUS 221H Honors Principles of Economics I. General economic concepts will be analyzed by examining the nature and method of economics and the economizing problem; characteristics of individual markets regarding supply and demand, pure capitalism, and the market system; private and public sectors of the economy; measuring domestic output, national income, macroeconomics instability, unemployment, the price level and inflation; the aggregate expenditures model with reference to demand and supply, the multiplier, net exports, and the government; fiscal and monetary policy; money and banking, including the Federal Reserve Banks and how banks create money. Also explored will be alternative views on macroeconomic theory and policy, the relationship between inflation and unemployment, the public debt, budget deficits, economic growth, and the place of the United States in the global economy. Emphasis will be placed on application of the economic principles in discerning their roles in what has happened, is currently happening, or can be anticipated to happen in the future.
Prerequisite: Acceptance into the Honors Program
3 credits = 3 lecture GA CT BUS 222 Principles of Economics II. General economic concepts will be examined by covering the following: demand, supply and elasticity, the theory of consumer behavior, the costs of production, price and output determination under conditions of pure competition, pure monopoly, monopolistic competition and oligopoly, production and the demand for economic resources, wage determination, rent, interest and profits, general equilibrium in a market system, government and economic policy including antitrust and regulation, the agricultural problem, the problems of the cities, income distribution, labor market issues-unionism, discrimination and immigration, international trade, exchange rates, the balance of payments, the trade "crisis," growth and the less developed countries, and the economy of what was once called the Soviet Union.
Prerequisite: BUS 221
3 credits = 3 lecture GA
BUS 257 Supervision Management. This course will help the student develop the skills and knowledge necessary to become an effective supervisor. Emphasis will be on supervision principles and the application of those principles to supervision practices. Fall semester only.
Prerequisite: BUS 155
3 credits = 3 lecture
BUS 258 Human Resources Management. This course develops a sound understanding of the concepts and processes in managing human resources. Major areas of course coverage include a study of the environmental influences which impact human resource management, and the acquisition, development, motivation, and maintenance of human resources. This course is a once-a-year offering.
Prerequisite: BUS 155
3 credits = 3 lecture
BUS 259 Management Internship. This internship provides a work experience arrangement for students in the Associate Degree in Management program. Between fifty (1 credit) and one hundred fifty (3 credits) hours of work experience is necessary to complete the program. Seminars will be held with the Business Department coordinator to discuss experiences and problems. An appraisal will be completed by the employer, and a term paper will be required.
Prerequisite: BUS 155
1 to 3 credit hours = 1 to 3 contact hours*
BUS 261 Marketing Internship. This internship provides a work experience arrangement for students in the Associate Degree in Marketing program. Between fifty (1 credit) and one hundred fifty (3 credits) hours of work experience is necessary to complete the program. Seminars will be held with the Business Department coordinator to discuss experiences and problems. An appraisal will be completed by the employer, and a term paper will be required.
Prerequisite: Permission of instructor.
1 to 3 credit hours = 1 to 3 contact hours* BUS 260 Leadership Development (DECA). CURRENTLY INACTIVE. See note at the end of the course listings.
OA 125 Business Communications. (See Office Administration, p. 268)
NOTE: CURRENTLY INACTIVE classes may be offered in the future. If students are interested in having a currently inactive course listed in the fall, winter, spring or summer schedule, contact the department chair or an instructor in the appropriate area.