BUS106 - Business: Its Nature and Environment.... (classroom and Blended Learning Version)

Outline information
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Last revision date Mar 30, 2014 10:03:56 AM
Last review date Apr 7, 2014 4:34:16 AM

Subject Title
Business: Its Nature and Environment.... (classroom and Blended Learning Version)

Subject Description
This subject is designed to provide first semester 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.  The subject provides the students an opportunity to develop transferable skills for college and business life.

Credit Status
One Credit.

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

  1. Discuss current trends and challenges in Canadian business today, including their impact on the various business environments.
  2. Describe four forms of business ownership and demonstrate the appropriate application for each form.
  3. Identify and explain the basic elements of a business plan.
  4. Demonstrate an understanding of the significance of entrepreneurs, and be able to explain the three alternative strategies for becoming a business owner.
  5. Summarize the basic management functions of planning, organizing, leading and controlling, as well as basic management skills such as technical, human relations, conceptual, time management and decision-making skills.
  6. Describe the importance of trade for Canadian business and the opportunities and challenges of conducting business in the global economy.
  7. Discuss ethical issues and social responsibility, and how they affect the major business stakeholders; employees, customers, investors, the community and environment.
  8. Explain operations management in the delivery of goods and services, including issues of productivity and quality control.
  9. Summarize the Canadian banking and securities industry, including the functions of the Bank of Canada, and how it controls Canada's money supply.
  10. Identify key issues in financial management including the difference between short and long-term financing, the importance of risk management, how it affects business operations, and the various options for managing risk.

Essential Employability Skills
  1. Communication:  Respond to written, spoken, or visual messages in a manner that ensures effective communication.
  2. Personal:  Manage the use of time and other resources to complete projects, take responsibility for one's own actions, decisions, and consequences.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

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 Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.