Date Adopted:
Date Reviewed: January 2008
Date Revised: January 2008
BUS 100 – Introduction to Business
I. BUS 100 –Introduction to Business –3 Semester Hours
II. Course Description
This is a survey course designed to acquaint the student with American business as a dynamic
process in a global setting. Topics include the private enterprise system, forms of business
ownership, marketing, factors of production, personnel, labor, finance, and taxation.
III. Prerequisite
None
IV. Textbook
Textbook: Future of Business (Current Edition)
Publisher: Southwestern
Authors: Gitman
V. Course Objectives
1. The student will gain an understanding of the American Economic System.
2. The student will acquire knowledge about selecting forms of business ownership.
3. The student will understand the concept of marketing.
4. The student will gain an understanding of productions and operations management.
5. The student will gain an understanding of human relations in business.
6. The student will gain knowledge about labor-management relations.
7. The student will learn the role of money in the American Banking System.
8. The student will gain an understanding of long-term financing and the investor.
9. The student will have the knowledge of and be able to apply skills needed for workplace
readiness including problem solving, self-management, and teamwork.
VI. Course Outline of Topics
1. The student will gain an understanding of the American Economic System.
Each student will demonstrate this knowledge by his/her ability to:
a) describe the important characteristics of the private enterprise system.
b) compare and contrast the advantages and disadvantages of capitalism,
socialism, and communism.
c) explain how consumers, producers, and the government make our economic
system work.
d) list the four factors of production and explain how they are essential to our
economy.
e) explain how the American government tries to balance our economy.
2. The student will acquire knowledge about selecting forms of business ownership.
Each student will demonstrate this knowledge by his/her ability to:
a) compare and contrast sole proprietorships, partnerships, and corporations, and
list the advantages and disadvantages of each.
b) distinguish between secret, silent, dormant, and nominal partners.
c) distinguish between domestic, foreign, and alien corporations.
d) discuss corporate growth trends that have occurred in the twentieth century.
e) compare and contrast the various alternative forms of ownership.
