Bus 10 Notes - 1A Course Introduction 9/17/2013

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Introduction to Business
Course Introduction
Instructor: Michele Fritz
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Advantage of a Bachelors Degree
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Education and Average Income
High school dropout $20,873
High school diploma $31,071
College degree $56,788
Advanced degree $82,320
How much is a college degree worth over a lifetime?
http://cashmoneylife.com/how-much-is-a-college-degree-worth/
ExploringBusiness 2009 FlatWorld Knowledge
Bus 10 Notes - 1A Course Introduction 9/17/2013
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Stanford Video: Guy Kawasai
Guy Kawasaki is a venture capitalist at Garage
Technology Ventures
He was one of the key people responsible for
the success of the Macintosh computer at
Apple.
He has founded a number of computer firms.
Video (3 mins.)
http://ecorner.stanford.edu/authorMaterialInfo.html?
mid=279
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!hy Study Business"
To help select a rewarding career.
To manage effectively in the age of
globalization.
To be an effective employee.
Develops skills used in all organizations:
businesses, non-profits, government, etc.
To become a well-informed consumer.
To become a more informed investor.
To start your own business.
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ExploringBusiness 2009 FlatWorld Knowledge
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Business
any activity that provides
goods or services for the purpose
of making a profit.
Bus 10 Notes - 1A Course Introduction 9/17/2013
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#$%ectives of Business
Survival
Growth
Corporate
Social
Responsibility
Profit
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A Sim&le Income Statement
Income Statement
Lemonade Stand
Revenues (Sales): $43.00
Less: Expenses
lemons, sugar $7.50
Cups $3.00
Labor 2 hrs @ $10 $20.00
Profit / Loss $12.50
====
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ExploringBusiness 2009 FlatWorld Knowledge
1-9 'his course introduces
Business ( its Environment
Environment
Forces
Job Functions
Some stakeholders
Bus 10 Notes - 1A Course Introduction 9/17/2013
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'ime )anagement
One of the biggest challenges of students
(and many business professionals) is time
management.
This is a key skill you need to develop in
college.
Related is the notion of multi-tasking as
described in this video (3 mins):
http://www.youtube.com/watch?v=vZm4s7EB_XI
Well have a chance for a hands-on exercise
after this segment.
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'o Do *ist for the !ee
1. Classes: Monday to Friday, 9 to 2.
2. Basketball practice : Weekdays after class until 4 pm.
3. Basketball game : Tuesday 5-8:30 pm.
4. Science lab homework : 1 hour, due Tuesday.
5. Research paper : 3 hours left, due Friday
6. Business midterm : Study 2 hours, test on Thursday.
7. Spanish practice : Weeknights for 20 minutes.
8. Favorite TV shows : Tuesday and Thursday 8-9 pm.
9. Science midterm : Study 1 hour, test on Friday.
10. Movies with friends : Any evening for 3 hours.
11. Household chores : As needed, 1-2 hours in total.
12. Work : Wednesday 6-7:30 pm; Saturday
9:00 am-1:00 pm
13. Math assignments : 1 due Wednesday; 1 due Friday
(30 minutes each)
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Business +,: #ur 'oolit
1) Open Source Textbook: Exploring Business,
1
st
ed.
Author: Collins, K.
ISBN-13: 978-0-9820430-0-4
Published: 2009
Online edition + Study Aids: $19-35
(highly recommended)
2) Mike's Bikes Simulation License: $30
3) Instructor Web Site & Catalyst Classroom:
http://www.deanza.edu/faculty/fritz/
Bus 10 Notes - 1A Course Introduction 9/17/2013
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-e.uirements
Attendance - 2 absences allowed
Exams (Best 3 out of 4)
Homework
Individual online assignments in Catalyst
Team exercises (Must be present in class to earn
credit.)
Extra credit on exams for homework completion.
Teamwork: Mikes Bikes Simulation Game
Performance competing against class
Peer evaluation & power of dismissal
Winners bonus & extra credit
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-elationshi& $etween A$senteeism ( Grades
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0 to 2 3 to 6 7 to 10 11 and up
Average Final Grade Lowest Final Grade
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Instructors Bacground
Computers
Defense
Communications
Medical Devices
Telecommunications
Network Test
Equipment
Non-Profit
Information
Systems
Operations
Product
Development
Marketing
Industries Functions
Bus 10 Notes - 1A Course Introduction 9/17/2013
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'i&s for Success
Electronics are prohibited in this classroom.
No cell phones, tablets, or PCs.
You may use them during our break.
You will succeed in this class if you take charge of
your performance:
Check Catalyst & create a weekly plan to keep up on
homework.
Bring slides from Catalyst for note-taking, if needed.
Professional behavior and integrity are expected.
Show up on time or early.
Stay home if you need to sleep / study / surf
Dont skip team meetings or expect your teammates to
do your work.