Accounting Formulas List

							                                     South Texas Community College
                            Division of Business, Math, Science & Technology
                                   Business Administration Department
                          Section Outline: BUSI 1301 – Introduction to Business
                                               FALL 2003

Instructor Information:                    Name: Anne Hernandez
                                           Office Location: PCNG 259
                                           Telephone: (956) 688-6414
                                           Fax: (956) 683-2762
                                           E-mail: anneh@stcc.cc.tx.us
                                           Office Hours: MWF: 11:00-12:00,
                                                            T & TR: 2:30 – 3:30
Course Information:                        Course Name: Introduction to Business
                                           Course Number: BUSI 1301. P02
                                           Class Meeting Time: MWF 10:00 – 10:50 PCNC 101A
Catalogue Course Description :             This course surveys the elements of business and industry such as production
                                           and distribution systems, finance, accounting, statistics, capital, labor,
                                           marketing, taxes, and governmental regulations. It includes the history
                                           structure, function, and contribution of business and industry to our society.
Departmental Course Goal:                  Upon successful completion of this course, students will be able to
                                           understand the U.S. business system, its organization, management, ethics
                                           and social responsibility, and the global context of business.
Departmental Course Competencies           Learning Objectives

Understand the contemporary business               Explain the U. S. business system
environment.                                       Analyze types of business organization
                                                   Understand the global context of business
                                                   Develop awareness of conduction business ethically and responsibly
Study the various concepts of managing a           Learn how to set goals and formulate business strategy
business.                                          Discuss various organizational structures and the decision-making
                                                    hierarchy
                                                   Discuss the role of small business in the U. S. economy
                                                   Identify trends in small business startups
Understand people in organizations.                Learn foundations of human resource management
                                                   Understand employee motivation and leadership
                                                   Identify new challenges in the changing workplace
                                                   Discuss labor and management relations
Understand principles of marketing.                Explain marketing processes and human behavior
                                                   Discuss the role of market research
                                                   Understand product development, pricing, and the product life cycle
                                                   Explain the various means of product promotion
                                                   Explore the product distribution process
Learn about managing operations and                Discuss the differences between service and manufacturing
information.                                        operations
                                                   Analyze operations planning, scheduling and control
                                                   Focus on quality considerations
                                                   Identify various tools for total quality management
                                                   Learn about management information systems and communication
                                                    technology
                                                   Understand principles of accounting
Understand financial issues affecting a        Explain money and banking
business.                                      Understand securities and investments
                                               Analyze financial and risk management
                                               Discuss financial management for small business
Departmental Course Requirements,         Tests                   35%
Evaluation Methods, & Grading Policy      Three tests will be given during the semester. The lowest grade will be
                                          dropped. No make up tests.
100 – 90 A
80 - 89  B                                Paper                  20%
70 – 79  C                                Students will submit a four-page report, properly formatted, dealing with a
60 – 69  D                                business topic. See Topic List for suggestions.
0 – 59   F
                                          Pop Quizzes            10%
                                          Pop quizzes will be given periodically at the discretion of the instructor.

                                          Class Participation 20%
                                          Students will present sections of each chapter in teams of 3 or 4 students.
                                          Credit will be given each time a student participates.

                                          Final Exam            15%
                                          A comprehensive final exam will be give at the end of the semester.

                                          Extra Credit
                                          Students may obtain extra credit by bringing a guest speaker (business
                                          person) from the community to speak to the class. Approval and scheduling
                                          must be obtained from the instructor.

                                          Students may also bring current event topics dealing with business from
                                          newspapers, periodicals, internet, etc., to share with the class for extra credit.

Attendance policy:                         According to STCC Catalog
Required Textbook & Resources:            Introduction to Business, Jeff Madura, 3E Edition, southwestern
                                       FOUNDATION SKILLS


1. Basic Skills:
     Reading                            The student is required to read assignments from the course textbook and
     Writing                            outside sources. The student is also required to submit several written
     Mathematics                        reports and projects. The student is required to participate in class
     Arithmetic                         discussions and present an oral report to the class. Basic mathematical
     Speaking                           and analytical skills are developed through defining accounting problems,
     Listening                          analyzing alternatives, and using accepted accounting formulas to solve
                                        problems.




2. Thinking Skills:
     Seeing things in the mind’s eye    In-class discussions and out-side projects require students to analyze
     Knowing how to learn               accounting and business trends, recognize current and potential problems,
     Reasoning                          and develop possible solutions and scenarios useful in making business
                                        decisions.




3. Personal Qualities:
     Responsibility                     Individual and group projects will require students to set goals, practice
     Sociability                        self-management, and monitor progress. All students are required to act
     Self-management                    in a courteous and ethical manner.
     Integrity and honesty
                                             SCANS
                                     WORKPLACE COMPETENCIES

4. Resources:                                            These workplace competencies are accomplished through
      Time, money, materials, facilities and human       student participation in group project and the library
resources.                                               assignments. These assignments will provide the opportunity
                                                         to student to allocate time and other resources to accomplish
                                                         their tasks.

5. Interpersonal:                                        These workplace competencies are accomplished through
      Participate as a member of a team                  student participation in groups and other cooperative learning
      Teaches other new skills                           activities and completing assignments on a timely manner.
      Exercises Leadership
      Works with diversity

6. Information:                                          These workplace competencies are accomplished through
      Acquires and evaluates information                 student participation in-group presentation. The student is
      Organizes and maintains information                required to research an accounting related issue. Analyze,
      Interprets and communicates information            interpret the information and communicate their findings to
      Uses computers to process information              the class in an oral presentation.

7. Systems:                                              The student will understand systems by investigating
      Understanding systems                              accounting issues and recognizing that there is a close
                                                         association with various systems including social, political,
                                                         organizational and technological.

8. Technology:                                           Students may use e-mail to correspond with instructor, use
      Works with a variety of technologies               internet to search for information to complete projects and
                                                         reports. Students may use word processing, power point
                                                         and/or spreadsheet software to produce reports and
                                                         presentations. Students may access course syllabus, course
                                                         outline and lecture notes via the web.

Developmental Studies Policy Statement:
    Failure to remain in at least one Developmental Studies course for students who have not met the passing
       standard on an approved assessment instrument in reading, writing, and/or mathematics may result in the
       student's withdrawal from ALL college courses.
    All developmental courses including the College Success course will be included in the Semester Grade Point
       Average (GPA) for all students at STCC.
    Students in Developmental Studies will be limited to a maximum of 13 credit hours of course work per semester
       and 7 credit hours per summer session.
    Students taking 12 or more credit hours per semester who have not met the passing standard on an approved
       assessment instrument will be required to take two or more developmental courses every semester if they are
       deficient in more than one academic skill (reading, writing, and mathematics).

ADA Students with Disabilities Statement:
       Reasonable accommodations may be made that allow disabled students to be successful at STCC.
       Accommodations may be provided for those students who submit the appropriate documentation by an
       outside/independent professional evaluator or agency. Contact an STCC ADA/DSS Counselor in the Annex
       (Pecan) or call (956) 688-2006. Students may volunteer to inform the Instructor about their disability and
       associated classroom limitations, if applicable.