BUS 1000 Fall 2016 Patrick Tormey
BUS 1000 Fall 2016 Patrick Tormey
Fall 2016
Professor Patrick Tormey
Class Meets: Thursday 9:55AM11:345 AM in VC 5-150VC
My Office: is in the adjunct area of the vertical campus
E-mail is the best way to communicate with me:
patrick.tormey@baruch.cuny.edu
(Questions regarding your recitation section should be directed to that professor and not to me.)
Overview
The course introduces students to the basic concepts of business offered at Zicklin School of
Business, such as ethics, managerial economics, international business, accounting, finance,
marketing, computer information systems, and management, among others.
This class is broken into four distinct sectionsintroduction and ethics, accounting and finance,
marketing and computer information systems, and management that cover current business
trends, ethics and global business.
Each section covers the basic concepts in an area you might select as a major, which will
help you decide what major to select early in your college career.
Each section also covers current issues you are likely to read about in todays business
press, which will give you an understanding of how the world of business really works.
Each section gives you an overview of majors offered at Zicklin with respect to the
specific area of subjects, and resources available for enhancing your learning and career
development.
Course Methodology
The course is structured as a combination of the large class lectures and the recitation sections.
The large lectures cover the basic areas of business whereas the recitation sections focus on the
case study in the group works. The purpose of the recitation class is twofold--to enhance your
communication intensive skills such as writing and presenting the case analysis, and the
quantitative analytical skills using the Excel programs. The recitation professors will not prep
for or review exams given in the large lecture.
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The large lectures and the recitation sections are integrated with each other. In large lecture, you
learn the overall framework of the subjects, and apply your learning to the specific situations
surrounding the firm which you choose for your case analysis in the recitation section.
Learning Goals
At the completion of the course, students are expected to achieve the following overall goals:
Understand the basic concepts of business offered at the Zicklin School of Business.
Identify the area of study as a major at the Zicklin School of Business.
More specifically, students will be able to:
1. Compare and assess the major areas of business at Zicklin School of Business, such as
ethics and corporate governance, managerial economics, international business,
accounting, financial management, marketing management, computer information
systems and business analytics, and management and organization behavior, among
others.
2. Understand and articulate that these areas in the real world of business are intertwined
and integrated with each other, rather than being separate and independent disciplines.
3. Organize and communicate the results of business analysis in an effective, concise
manner.
4. Evaluate and select the resources available at Zicklin School of Business, such as the
Weismann Center for International Business majors, the Communication and Writing
labs, to further assist and enhance your learning.
BBA Program-level Learning Goals:
Analytical skills: The course focuses on developing analytical skills by studying the basic
concepts and by analyzing current topics through the application of the basic concepts.
Technological skills: The course focuses on the importance of technological skills in the
basic areas, and the Excel training will improve students technological skills to analyze
the data and interpret the results.
Communication skills: Oral and written: The recitation sections extensively involve project
presentations and written reports. These are intended to improve students oral and written
communication skills.
Civic awareness and ethical decision-making: The large lecture, in particular, stresses the
importance of ethical behavior and social responsibility throughout the course.
Global awareness: The course emphasizes that global awareness is required for all the
majors.
Proficiency in a single discipline: The course covers all the major areas of business.
Course Prerequisites: No ZICK or ZKTP code required.
Course Materials (required)
BUS 1011 eBook, PowerPoint files to be posted on Blackboard which will cover the
lectures.
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BUS 1011 Excel eBook to be posted on Blackboard. You will use the book and the
sample spreadsheets to learn Excel.
Test
Value
Date
NOTE
Quiz # 1
20 points
9/15
Quiz # 2
20 points
10/20
Quiz # 3
20 points
11/17
FINAL EXAM
25 points
12/15
Recitation
Grade
35 points
Total Grade
The first three quiz exams consist of 40 multiple-choice questions given during the final 50
minutes of class. A shortened lecture precedes each exam. Each quiz exam is based on the
material in the PowerPoint materials and the assigned chapters. Final Exam #4 consists of 50
multiple-choice questions and is administered during Final Exam Week. Attendance at the Final
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Exam is mandatory. Each quiz exam is valued at 20 points. I will drop your lowest grade from
the quiz exam and average your top two quiz exam scores. If you miss an exam, it automatically
becomes your lowest score. Because this is a jumbo class, no make-ups are given.
No exceptions are granted. Bring a No. 2 pencil (and eraser) to the quiz or you may be forced to
buy one with a point off your quiz grade.You may schedule an appointment with me if you
think you were incorrectly graded. Be advised, however, that I will not sit and argue about each
question.
Final Letter Grades
Letter grades are calculated according to the Official Grading System of Baruch College. The
instructor reserves the right to curve the scale when computing final grades, if deemed necessary.
Letter Grades, GPAs, and 100 Point Grades
A
4.0
93.0100.0
A3.7
90.092.9
B+
3.3
87.189.9
B
3.0
83.087.0
B2.7
80.082.9
C+
2.3
77.179.9
C
2.0
73.077.0
C1.7
70.072.9
D+
1.3
67.169.9
D
1.0
60.067.0
F
0.0
below 60.0
https://www.baruch.cuny.edu/advisement/grades-and-gpa.html
Attendance and Absence Policy
1. Attendance is taken by Blackboard with a unique code to be given in class. If you come to
class late or leave early, you are marked absent.
2. My large lecture meets only 14 times. You are allowed a maximum of two absences in my
large lecture. Lateness equals an absence. With three absences from my large lecture, your
final grade for my section of the course will drop by one letter gradefrom, for example, B+
to a B or from a C to a C-.
3. If you arrive very late to any exam, and if any other student has already completed the exam,
you are not allowed to take the exam because it has been compromised.
Be advised that if you enter very late, I may ask you to leave. I also frequently target latecomers
as the person to answer questions for the remainder of the class.
Weekly Schedule
The following is a tentative schedule of topics and lectures. Changes may occur as the semester
progresses. These changes will be announced in class.
POSSIBLE WEEK-BY-WEEK FLOW
SECTION/ TOPIC
WEEK
OUTLINE
SECTION 1: INTRODUCTION
This section provides an overview of business and majors offered at the Zicklin School of
Business. Major subjects covered in this section, such as the economic system, global market,
and the ethics and corporate social responsibility, form the foundation for any majors. In
particular, global awareness and understanding the importance of ethics and the corporate
social responsibility are emphasized for all Zicklin majors, and, these subjects are also
covered in the subsequent sections and through discussions of major current events
throughout the semester.
ZSB offers the following majors for these subject areas:
BBA in Economics, Bert W. Wasserman Department of Economics and Finance
BBA in International Business, Allen G. Aaronson Department of Marketing and
International Business
BBA in Management, Narendra Paul Loomba Department of Management
Course Calendar
D ATE
L E CTURE T OPI C
AND
C L ASS A CT I VI T Y
AUGUST
25
Introduction to the course. Importance of taking and mastering this course. Read through the
syllabus. Lecture Chapter # 1. Taking Risks and Making Profits within the Dynamic
Business Environment. Watch class films on Amazon and Starbucks.
SEPTEMBE
01
SEPTEMBE
R 08
SEPTEMBE
R 15
SEPTEMBE
R 22
SEPTEMBE
R 29
OCTOBER
06
OCTOBER
13
OCTOBER
20
OCTOBER
27
NOVEMBER
03
NOVEMBER
10
NOVEMBER
17
NOVEMBER
24 TO 27TH
DECEMBER
01
DECEMBER
08
DECEMBER
15
FINAL QUIZ EXAM (mostly Chapters 17 through 20 with some items from earlier
chapters and course content)
HOLIDAY
RECESS
RECITATION SYLLABUS
BUS1000:
INTRODUCTION TO BUSINESS
(BUS 1011: Business Fundamentals: The Contemporary Business Landscape)
Fall 2016
group work and class demonstrations/discussions are emphasized in this course, with an
objective to improve students ability to accomplish performance goals while respecting others
and learning from multiple viewpoints. Students will also receive detailed feedback on written
assignments to assist with their development of core business writing skills.
The recitation class is integrated with large lectures. You apply the topics covered in large
lectures to the firm which you choose for your case analysis in recitation. The case analysis
requires quantitative analysis using the Excel eBook. You will analyze the data, interpret the
results, derive managerial implications, and present your recommendation.
**Although recitation class is part of your responsibility for the larger BUS 1000 lecture class,
we will not discuss or review your main lecture exams during recitation. Please contact your
lecture professor regarding exam questions.**
COURSE MATERIALS
BUS1001 Excel eBook
The Excel eBook is designed as a step-by-step guide starting from an introductory to advanced
applications, e.g., basic Excel functions and advanced topics such as pivot tables, creating
income statements, analyzing employee performance, performing break-even analysis and
introductory cluster analysis, among others. The data covers various business problems
corresponding to the major subjects covered in the large lecture, such as accounting, finance,
marketing, and management.
Additional readings and resources
There will be various additional materials to supplement the class discussions and objectives
throughout the semester. These materials will be available on Blackboard or will be distributed during
class.
ASSIGNMENTS AND GRADING
Assignment
Six Written Assignments (5 points each)
20%
Company Summary
Group Presentation
Exam
Class Participation and Attendance
25%
20%
25%
10%
Computers
This course will focus on mastering Excel. You will be able to follow along better and gain more
from the class if you bring a laptop to class. The library has laptops that are available for you to
rent if you do not want to bring your personal laptop. We will use the most recent PC version of
Excel (Microsoft Office 2013) in class and on the final exam. If time permits I will demonstrate
how to complete the Excel functions on a Mac. You may use a PC or Mac and any version of
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Excel to complete the homework assignments because you will just be graded on having correct
answers.
Class Participation/Attendance
It is expected that students keep an adequate attendance record during the semester. If students have a
conflict with one of our scheduled classes, it is advised that it be brought to my attention as soon as
possible. Please note that students are also responsible for any material they miss if absent from class.
In addition, this class will provide several opportunities for discussion about the course material,
including assignments, students own examples and observations, and short activities. Since the field
of business encompasses a wide range of ideas, students are encouraged to share their own views and
opinions about the various topics we cover. Participation credit will depend on the quality of what
students add to class discussion. High quality discussion depends on coming to class prepared and
being engaged throughout the entire class.
The following are guidelines related to attendance and participation:
Attendance will be taken at the beginning of each recitation session. You are allowed a
maximum of two absences in this recitation (and I will be keeping track). There are no
excused absences; you have 2 freebies so plan accordingly. Three absences from the
recitation and your final grade for that section will drop by 2 points and 2 additional points
for every absence thereafter.
Being absent on the day of your group presentation will automatically result in the absentee
receiving a grade of zero for the presentation, unless you have a legitimate reason for missing
your presentation day and email an explanation to me prior to your absence; in that case, an
alternative assignment will be given to you.
Business values promptness. If you arrive to class after I take attendance you will be marked
late. Being late twice equals one absence. After fifteen minutes into the class, you will be
marked absent instead of late. Coming in late is disruptive and disrespectful to your
instructor and your classmates.
o An advertising campaign was created that raised the amount spent on advertising
from $5,000 to $8,000 but that campaign resulted in sales revenue rising from
$20,000 to $30,000 units?
o The company moved and restructured- moving to South Caroline where rent is
one third of what it currently is and offered an incentive program to eliminate a
number of highly-paid middle managers, which would lower salaries from
$20,000 to $13,000.
Assume that the company has 14,000 shares outstanding. Using the formula Basic
Earnings Per Share = Net Income / Number of Shares Outstanding calculate EPS.
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Which airline showed the greatest change in stock prices from August to December
2014?
When did American airlines have a negative percent change in stock price?
Competitor analysis (Use financial information, stock prices, market shares, etc)
Financial information (Sales, profits, trend of financial performance, etc. Compare last 3
years financial information and report the financial performance change)
1-year stock analysis: Stock prices and trend (Increasing? Stable? Why?)
Current business strategy (growth, downsizing, stability, etc), management practices
(Centralization? New policies? etc.), marketing practices (Cost strategy? High quality
strategy? Niche strategy? etc.)
Current issues and recent events affecting the company either positively or negatively
(news, press releases, new product releases, scandals, organizational changes, etc.)
Recommendations, future prospects, managerial implications (What do you think the
company should do in the short- and long-term to be successful or to solve its
problems? What should be their strategy? Why?)
References
Group Presentation:
The purpose of this presentation is to practice your presentation and group work skills as well as
identify Excel applications in the business environment. Your group will present the information
from the company summary assignment and will identity at least 2 ways Excel can be used by
the company. The presentation will be 15 minutes. Each member of the group must participate in
the presentation. You will be graded on content and style. A more detailed grading rubric is
available on Blackboard.
NOTE: Group members that do not pull their weight of the project are always an issue.
Therefore, the grade for this project will be split between a group grade and an individual
grade. The group grade will be the overall evaluation given for your presentation. Your
individual grade will be determined through your part of the groups presentation and your
fellow group members evaluations of your performance on the project, as well as an evaluation
of yourself. These evaluations should be turned in with the final paper.
OTHER IMPORTANT INFORMATION
Blackboard Website
This course will have a Blackboard website. All students are responsible for all content on
Blackboard. Please check this website regularly since all messages to class will be posted there
by the instructor. The website will show assignments, article readings, discussion questions,
cases, etc. so get in the habit of visiting Blackboard regularly and frequently.
Classroom Conduct
No talking
No cell phones
No food or drink
You may use laptops or tablets to take notes. However, if I notice that students are using these devices
for purposes unrelated to the class I reserve the right to ban the devices in class.
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Class will start promptly at the designated start time. Please be on time. It is distracting to me and to
other students when people arrive late.
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Week
1
WEEKLY SCHEDULE:
Recitation Activities
SECTION 1: Introduction
Assignment Due
Discuss syllabus
Class introductions
Email Basics
2
Excel Basics:
Formatting and Working with the
Spreadsheet
Written Assignment
#1: Email to Professor
and Student Information
Sheet
Written Assignment #2
Exercise 1 & 2
Company Summary
Proposal
SECTION 2: ACCOUNTING/FINANCE
How to create an INCOME STATEMENT.
Written Assignment #3
Exercise 3 & 4 (Submit
via email or hard copy
in professors box)
Written Assignment #4
Exercise 5 & 6
SECTION 3: MARKETING/CIS
15
Written Assignment #5
Business Memo
Company Summary
11
Written Assignment #6
Exercise 7 & 8
12
13
Group Presentations I
SECTION 4: MANAGEMENT
Group Presentations II
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*Note: There may be slight changes made to this schedule and syllabus throughout the
semester
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Significant
Part of
Course
Moderate
Part of
Course
Minimal
Part of
Course
Not Part of
Course
Analytical skills
Technological skills
Oral communication skills
Written communication skills
Civic awareness and ethical
decision-making
Global awareness
Proficiency in a single
discipline: Business
Analytical skills
Compare and assess the major
areas of business at Zicklin Technological skills
School of Business.
Civic awareness and ethical
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Assignments
Large lectures:
Articulate the civic awareness
and ethical decision making,
global awareness, impact of
decision-making
Global awareness
technological advancement in
all the basic disciplines
Proficiency in a single
discipline
Analytical skills
Large lectures:
Technological skills
Global awareness
Recitations:
Recitations:
Group projects focus on
analyzing various information
using Excel and other
analytical concepts and
models, and summarizing the
results and making
presentations.
Analytical skills
Large lectures:
Technological skills
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