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ADM 1100 B/ ADM 1300 D – Intro. to Business Management
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Introduction to Business Management
The best class you will take this year! 2
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Agenda Course Outline Case Study Guidelines Agenda for Next Class
Objectives Topics to uncover How we will learn Textbook and Website Evaluation Expectations Case Study Guidelines Agenda for Next Class 3
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PLEASE NOTE… This is a combined course for ADM 1100 and ADM 1300.
There are several differences in the deliverables. Please listen carefully!
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A Little About Me Born and raised in Nova Scotia
Education – U of Ottawa and Dalhousie University Public and Private sector experience Office: Desmarais Building, room 1111 C Office hours: Mondays and Thursdays 4:30 – 6:00 p.m. 5
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Course Objectives Provide knowledge on methods organizations use to operate effectively Understand manager’s role and functions Learn how managerial functions are used in the management of various resources
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Topics to Uncover Goal Setting The Manager The Process of Management
Business Communication Finance, Accounting Human Resources Marketing The Manager Business Ownership Management Thought The Business Environment Ethics and Social Responsibility Decision Making 7
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How We Will Learn Presentations Discussions Readings Case Studies
News Articles
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Textbook and Website Introduction to Business Management ( a custom version), Pearson Education, 2010. 9
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Evaluation for ADM 1300 Mid-term Examination (Oct. 21) = 25%
Final Examination (TBA) = 35% Individual Case Study (Nov. 10) = 20% Seminar Group (DGD) = 20% 10
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Evaluation for ADM 1100 Mid-term Examination (Oct. 21) = 30%
Final Examination (TBA) = 35% Individual Case Studies (Oct. 6 and Nov. 10) = 15% and 20% 11
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Exams Mid-term Examination Final Examination
Covers all material covered up to and including October 13, 2011 Final Examination Covers entire course 85% emphasis in material since Mid-term examination Multiple Choice and Essay Style Questions 12
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Individual Case Study Reports
Due at the beginning of class 3 weeks to do: Cases will be posted on Doc Depot Use proper Case analysis method Typed; proper format 13
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Weekly Seminar (DGD) – ADM 1300 only!
Start the week of September 18th Attendance is mandatory Conducted by Teaching Assistant
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Seminar Marks – ADM 1300 only
Group Case #1 4 marks Group Case #2 6 marks Individual Case Analysis marks Total marks Attendance is compulsory; if 3 or more are missed, 0/20 marks awarded.
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Fraud Please look online: Fraud of any kind is simply NOT Tolerated No second chances 16
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Failure Rate On average, over the past five years, there has been about a 15% failure rate in this course… 17
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But, let’s talk about success!
Great foundation course Gives an overview of all functional areas of business Shows you what you can expect The course is demanding, but it is rewarding 18
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Expectations of Professor
Deliver required course content Provide a meaningful learning environment Provide appropriate and timely feedback Be prepared Be fair Be fun
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Expectations of Students
Be prepared – keep up to date with content Have passion to learn (hopefully business) Be courteous Be punctual – with class and assignments Active participation
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Questions Anyone? 21
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A rational, logical, decision making process
The Case Method A rational, logical, decision making process 23
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What is a Case? A real-life business problem
Apply theoretical concepts to an actual situation Develop decision-making skills 24
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Case Format Executive Summary (5 marks) Assumptions
Problem Statement (15 marks) satellite problems / central problem(s) implications on the organization implications on the personnel 25
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Case Format (cont’d.) Alternative Solutions (50 marks)
Recommended Solution (5 marks) Implementation (15 marks) immediate; short-term; long-term Grammar (10 marks) 26
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Key Factors When Preparing
Are my assumptions reasonable? Do I really understand the problem? Have I looked at all viable alternatives? Is my decision realistic? Does it proceed in a logical fashion? Have I outlined reasonable methods as to how my solution can be implemented? 27
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Step by Step Summary Read case a minimum of 2-3 times
Make any reasonable assumptions List all of the apparent problems Determine the Central Problem What alternatives are available? Make a recommendation Implement the recommended solution 28
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