TRL300 - The Business Environment
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|Last revision date||Dec 9, 2013 12:15:37 AM|
|Last review date||Dec 9, 2013 12:15:37 AM|
The Business Environment
This course provides the "need to know" concepts of business for today's student. Business issues such as entrepreneurship, ethics, global business, and technology will be addressed. This focused and applied approach to learning about the business environment will set students up for future success. Topics will include forms of business ownership, starting and managing your own business, technology and the internet, evolving economic systems and competition, trends, social responsibility and managing human resources. Students will also be introduced to the basics of accounting and bookkeeping.
One credit toward diplomas offered by the School of Tourism
Upon successful completion of this subject the student will be able to:
1. Describe the basic environments (legal, social, economic) in which business operates.
2. Explain basic concepts of management and recognize problems faced in operating a business enterprise.
3. Recount basic information with respect to money and banking, financial management, stock and bond markets and risks involved in business.
4. Describe the basic elements of accounting, computers, data processing and quantitative methods, with emphasis on the role they play in business.
5. Identify and describe changing factors that could influence business in the future, and relate how these factors could affect the student's career.
6. Analyze business transactions involving all five elements of the accounting equation (assets, liabilities, owner's equity, revenue and expenses), record transactions in T-account form and prepare a trial balance and financial statements for a service business.
7. Journalize transactions in two-column general journal, post to general ledger accounts; complete a ten-column worksheet and financial statements; journalize and post correcting, adjusting and closing entries; prepare a post-closing trial balance for a service business.
8. Write cheques, reconcile a bank statement and journalize entries involving bank accounts, petty cash and change funds.
In addition to these vocational learning outcomes the student will also have opportunities for personal development toward the generic skills learning outcomes of the diploma program. A list of these outcomes is provided at the end of this course outline.
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.
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 firstname.lastname@example.org.
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.