Content Outline and Competencies:

I. Private Enterprise

A. Identify the historical foundations of business.

B. Discuss the economic framework for private enterprise.

C. Identify the global dimensions of business.

D. Discuss social responsibility and business ethics in business.

II. Business Creation and Organization

A. Identify the forms of business ownership.

B. List the common traits of entrepreneurs.

C. Identify the key aspects of small business operations.

D. Define franchising.

III. Management Processes

A. Identify the major management theories.

B. Define the management processes.

C. Explain the role human resources plays in management.

D. Identify the characteristics of dynamic teams.

IV. Marketing Management

A. Define market segmentation and target markets.

B. Identify the components of marketing strategies.

V. Information Systems

A. Define business information systems.

B. List the key components of information systems.

C. Discuss management’s role in disseminating information.

D. Explain how modern technology is changing how businesses manage information.

VI. Accounting and Financial Management

A. Identify accounting procedures.

B. Describe the accounting cycle from budgeting to reporting.

C. Read primary financial statements.

D. Identify the principles of financial management.

VII. Financing the Enterprise

A. List major sources of funding.

B. Identify funding sources for expansion, long-term operations, short-term capital needs and business startup.

VIII. International Business

A. Define Globalization

B. Explain how national economic policies affect international trade

C. Define strategies for entering foreign markets

D. Discuss world monetary systems

Content Outline and Competencies:

Content Outline and Competencies:

I. Personal Financial Planning

A. List and define components of personal financial planning.

B. Evaluate financial position with a balance sheet.

C. Create a personal cash flow statement.

D. Implement and evaluate a budget.

E. Measure financial progress with personal financial statements.

II. Time Value of Money

A. Define opportunity costs.

B. Calculate the present value of a lump sum and of an annuity.

C. Calculate the future value of a lump sum and of an annuity.

III. Housing

A. Evaluate the costs and benefits associated with renting.

B. List the steps in the home buying process.

C. Calculate the costs associated with purchasing a home.

D. Analyze the types of available mortgages

IV. Credit

A. Define consumer credit and analyze its advantages and disadvantages.

B. Differentiate among various kinds of credit.

C. Describe the information creditors look for when you apply for credit.

D. Identify the steps you can take to avoid and correct credit mistakes.

V. Major Purchases

A. List the items to consider when comparison shopping.

B. List the components of a lease.

C. Define depreciation.

D. List the advantages of a lease.

E. List the advantages of purchasing a vehicle.

VI. Taxes

A. Define state taxes.

B. Outline income tax fundamentals.

C. Compute taxable income.

D. Identify tax planning strategies.

VII. Insurance

A. List the reasons why property and liability insurance are important.

B. Explain the insurance coverage available to homeowners and renters.

C. List factors that influence the cost of insurance.

D. Identify the types of auto insurance coverage.

E. List types of health insurance.

VIII. Investment Choices

A. Explain the purpose of establishing an investment program.

B. Describe how safety, risk, income, growth and liquidity affect investment decisions.

C. Identify the major types of investment alternatives.

IX. Retirement Plans

A. Explain the retirement planning process.

B. Estimate savings required to reach retirement goals

C. Estimate retirement spending needs.

D. Identify retirement housing needs.

X. Estate Planning

A. Describe estate planning.

B. List several documents commonly used in estate planning.

Content Outline and Competencies:

Content Outline and Competencies:

I. What Is a Supervisor
   A. The supervisor/first line manager
      1. Define supervision.
      2. Describe the purpose of supervisory management within the
organization.
      3. List four skills required of successful supervisors.
      4. Differentiate between responsibility and authority.
      5. Define the parity principle.
   B. Becoming a supervisor
      1. Describe methods of internal promotion.
      2. Describe methods of external promotion.
   C. Managers of the future
      1. List four effects of technology.
      2. Describe cultural diversity and explain its significance for
management's future.
      3. Describe the challenges of supervising a multigenerational work
force.

II. Challenges of Supervision
   A. Ensuring quality
      1. List three consequences of poor quality, products and services.
      2. Differentiate between product quality control and process quality
control.
      3. List four techniques of quality control.
      4. Define TQM and describe two benefits and two challenges of
implementation.
   B. Meeting high ethical standards
      1. Define ethics.
      2. List four benefits of ethical behavior.
      3. Explain how to ask an employee for ethical commitment.
      4. Define how to set individual standards of ethics.
   C. Working with teams and groups
      1. Define functional and task groups.
      2. Define formal and informal groups.
      3. List three benefits of teamwork.
      4. Describe how to conduct a meeting.

III. Functions of Supervisors
   A. Reaching goals and objectives through plans
      1. Differentiate between policy, procedures and rules.
      2. Define strategic, tactical and contingency plans.
      3. Define management by objective.
      4. Differentiate between short-term and long-term plans.
   B. Controlling the plan
      1. List three types of control.
      2. List three tools used for control.
      3. Define variance.
      4. Explain the exception principle.
   C. Managing organizational resources
      1. Define line, staff and functional authority.
      2. Differentiate between centralized and decentralized
organizations.
      3. Explain the importance of delegation as it relates to
supervisors.
      4. Define unity of command, chain of command and span of
management.
   D. Leadership in supervision
      1. List five characteristics for strong leadership.
      2. Define Theory X, Theory Y and Theory Z.
      3. Define how to develop individual leadership style.
      4. Define three other leadership theories.
IV. Building Supervisory Skills
   A. Communication both oral and written
      1. Define the communication process.
      2. Differentiate between hearing and listening.
      3. List three barriers to communication.
   B. Motivating employees
      1. List five top motivators.
      2. Differentiate between process and content theory.

V. Supervision and Human Resources
   A. Selecting employees
      1. List three methods of internal recruitment.
      2. List three methods of external recruitment.
      3. Describe the interview process.
      4. Describe how individual job offers are made.
   B. Supervision and training
      1. List four benefits of training.
      2. List four training methods.
      3. Describe the training cycle.
      4. Evaluate each of the listed training processes.
   C. Supervision and performance appraisals
      1. List four types of appraisal systems.
      2. Define the purpose of performance appraisals.
      3. List four sources of bias in performance appraisals.

VI. Impact of the Law and Organized Labor on Supervisors
   A. Government regulation
      1. Define E.E.O.C.
      2. Define bona fide occupational qualification.
      3. Define O.S.H.A.
      4. List three health hazards.
      5. List three causes of accidents in the workplace.
   B. Unions
      1. Explain the history of the AFL/CIO.
      2. Define the collective bargaining process.
      3. Define a strike.
      4. Differentiate between mediation and arbitration.

Content Outline and Competencies:

Content Outline and Competencies:

I. The Management Challenge
   A. The nature of management
      1. List the four functions of management.
      2. Define the three skills needed to manage and their relationship
to managerial levels in an organization.
      3. Explain the various roles in a manager's daily routine.

II. The Evolution of Management Thought
   A. Theories of management
      1. Distinguish between the different historical perspectives of
management thought.
      2. Show and list the differences between current and historical
trends in management.

III. Environmental Factors Impacting a Manager's Job
   A. List the internal environments and describe their impact on a
managerial performance.
   B. List the external environments and describe their impact on
managerial performance.
   C. Differentiate between effective and efficient management.

IV. Fundamental Functions of Management
   A. The planning function
      1. Define goals and plans and distinguish the relationship between
them.
      2. Describe the difference between strategic, tactical, and
operational plans.
      3. Explain the difference between programmed and non-programmed
decision making.
      4. Describe and contrast the various decision models and their
applications within a modern business organization.
   B. The organizing function
      1. Explain the fundamental characteristics of organizational
concepts.
      2. Summarize the difference between functional, divisional, and
matrix approaches to structure.
      3. Describe the difference between line and staff positions within
an organizational structure.
      4. Differentiate between team, group, and networks in today's modern
organization.
      5. Define the four stages of the organizational life cycle and
explain how size and life cycle influence current structures.
      6. Explain the role of human resources in organizational strategy
planning.
      7. Explain the dimension of diversity in modern organizations and
the benefits of being cultural diverse.
   C. The leading function
      1. Explain the various motivational theories and site their
applications in the modern organization.
      2. Relate various leadership models to the modern organization.
      3. Distinguish leadership roles in different organizational
structures.
      4. Describe change and its effect upon individuals and
organizations.
   D. The control function
      1. Describe control function relationship to the planning function.
      2. Describe modern quality control techniques.
      3. Define TQM, continuous improvement, and benchmarking.
      4. Identify three basic control techniques.
      5. Describe the financial controls used in organizations.

V. Management Principles for the Next Century to Solve Business Problems
   A. Describe the impact of diversity of the work force on business in
the future and the problems associated with the changing labor market.
   B. Explain the learning organizations role in solving business
problems.
   C. Summarize knowledge management's impact on future organizations.
   D. Describe relationship management both internal and external aspects
to modern business organizations.

Content Outline and Competencies:

Content Outline and Competencies:

I. The Importance of Small Business
   A. Identify the rate of small business growth and give examples of the
contributions of small business to the economy.
   B. Describe the types of activities in which small businesses are
engaged.

II. High Rate of Business Failure
   A. Identify commonly cited statistics on business failures.
   B. Identify the most common causes of small business failure.
   C. Recommend how small businesses can increase their chances of
success.

III. The Merits of a Business Idea
   A. Develop criteria for the assessment of the merits of a product or
service idea.
   B. Determine the strategic advantages (cost or marketing) of a business
idea.
   C. Describe the life cycle for the product and/or industry of the
business product or service.

IV. Business Entry Strategies
   A. Recognize the various options available to someone interested in
entering into a business.
   B. Identify the advantages and disadvantages of each entry strategy.
   C. Discuss approaches to use in investigating and evaluating a business
opportunity.

V. The Business Plan
   A. Identify the uses of a business plan.
   B. Describe the elements of a business plan.

VI. Marketing Strategy and Marketing Mix
   A. Identify the key elements of a comprehensive marketing strategy.
   B. Outline the steps in market research and analysis necessary to
develop a marketing plan.
   C. Identify the components of the marketing mix and describe how they
interrelate.

VII. Financial Requirements for a Business
   A. Describe the process involved in determining the financial
requirements for a business.
   B. Identify sources of start-up capital and evaluate the advantages and
disadvantages of each.

VIII. Financial Analysis and Cash Management
   A. Describe the components and uses of the various financial statements
(balance sheet, income statement and cash flow statement).
   B. Identify small business financing sources (debt, equity and gifts)
and how to manage them.
   C. Explain the importance of asset management for small businesses.
   D. Identify ways for improving cash flow within a company.

IX. Legal Issues Confronting Small Businesses
   A. Describe the advantages and disadvantages of the legal forms of
business ownership (sole proprietorship, partnership, corporation [C or
sub-chapter S] and limited liability company).
   B. Identify government regulations which impact small business.
   C. Explain ways to protect the proprietary aspects of a business.

X. Risk Management and Ways Small Business Can Cope with Risks
   A. Identify common risks in a small business.
   B. Identify and evaluate the various alternatives for managing business
risks.

XI. Management Functions and Leadership in a Small Business
   A. Identify the basic human resource management functions and discuss
how they apply to the small business environment.
   B. Explain the importance of formal planning for small businesses, and
sources of assistance for their future growth.
   C. Identify sources of small business management assistance outside the
organization.

Content Outline and Competencies:

I. Investment Basics
   A. Introduction to investment
      1. Explain why individuals should specify investment goals.
      2. Differentiate between liquidity and marketability.
      3. Identify the sources of risk.
   B. Creation of financial assets
      1. Explain the role of the investment banker and the financial
intermediary.
      2. Illustrate the flow of funds from savers to firms.
      3. Identify the components necessary for the sale of securities to
the general public.
      4. Contrast the various financial instruments offered by commercial
banks and other depository institutions.
      5. List several money market instruments.
   C. The tax environment
      1. Identify the taxes that affect investment decision making.
      2. Define short term and long term capital gains.
      3. Illustrate how capital losses are used to offset capital gains
and ordinary income.
      4. Explain how the different retirement plans are tax shelters.

II. Security Markets
   A. Explain the role of market makers and distinguish between security
exchanges and over-the-counter markets.
   B. List the services provided by brokers and brokerage firms.
   C. Differentiate between the types of security orders and identify the
costs of investing in securities.
   D. Contrast cash and margin accounts.
   E. State the purpose of the SEC and SIPC and the role of regulation in
security markets.
   F. Describe market efficiency and liquidity.

III. Sources of Information
   A. Differentiate between stocks, bonds, mutual funds and real assets.
   B. Name four categories of information that are generally available to
investors.
   C. List several investment publications that are available in the
library.
   D. Distinguish between the contents of an annual report and a brokerage
firm’s research report.

IV. Investing in Common Stock
   A. Valuation of common stock
      1. Identify the components of an investor’s required rate of
return.
      2. Distinguish between required and expected rate of returns.
      3. Examine the determinants of a stock’s price.
      4. Calculate the value of a stock using a simple present value
model.
      5. Explain the use of P/E ratios to select stocks.
   B. Rates of return on common stock investments
      1. Differentiate between a simple price-weighted average, a
value-weighted average and equal-weighted average.
      2. Contrast the Dow Jones Averages with other aggregate measures of
the stock market.
   C. Dividends: Past, present and future
      1. List the important dates for dividend payments.
      2. Explain why changes in dividends generally follow changes in
earnings.
      3. Determine the impact of stock dividends and stock splits on the
price of a stock and on the stockholder’s wealth.
      4. Identify the advantages of dividends reinvestment plans.
   D. The fundamental approach to the selection of stock
      1. Explain the relationship between economic activity and security
prices.
      2. Describe the tools of monetary policy.
      3. Explain how monetary and fiscal policy may affect security
prices.
      4. Differentiate cyclical and stable industries and identify factors
that affect the performance of an industry.
   E. Security selections analysis of financial statements
      1. Differentiate between a) the current ratio and the quick ratio;
b) accounts receivable turnover and the average collection period; c)
gross profit margin, operating profit margin and net profit margin; and d)
the return on assets and the return on equity.
      2. Identify which ratios are of primary interest to creditors and
stockholders.
      3. Apply ratios to analyze the financial statements of a firm.
      4. Use P/E and price/sales ratios.

V. Technical Issues Involved in Analyzing Efficient Markets and Special
Situations
   A. Relate the efficient market hypothesis to fundamental and technical
analysis.
   B. Describe the potential for abnormal returns in special investment
situations.
   C. Explain how returns can be effected by
      1. Mergers
      2. New public offerings
      3. Stock repurchases

VI. Investing in Fixed Income Securities
   A. The market for debt
      1. List the features common to all bonds.
      2. Differentiate between bearer and registered bonds.
      3. Ascertain the sources of risk to the bondholder.
      4. Describe the procedures for buying a bond.
   B. The valuation of debt
      1. Determine the price of a bond.
      2. Determine the factors that affect a bond’s price.
      3. Explain the relationship between changes in interest rates and
bond prices.
      4. Differentiate among current yield, yield to maturity, and yield
to call.
      5. Illustrate how the reinvestment of earned interest affects the
investor’s realized return.
      6. Explain the relationship between a bond’s duration and its
price volatility.
   C. Preferred stock and high-yield securities
      1. Compare and contrast long-term bonds and preferred stock.
      2. Explain why firms prefer debt issues to preferred stock as a
source of funds.
      3. Illustrate the pricing of preferred stock.
      4. List the sources of risk to investors in preferred stock.
      5. Determine earnings per preferred share.
      6. Explain why corporations may own preferred stock of other
corporations.
   D. Government securities
      1. Distinguish among the types of federal government debt.
      2. Identify the sources of risk from investing in federal government
securities.
      3. Distinguish between the federal government’s moral obligation
and its full-faith and credit obligations to its agencies’ debt.
      4. Name the primary advantage of state and local government bonds.
      5. Compare treasury bonds, T-bills, federal agency debt, municipal
bonds and anticipation notes.
   E. Convertible bonds and convertible stock
      1. Describe features common to all convertible bonds.
      2. Determine the floor, or minimum price, of a convertible bond.
      3. List the factors that affect the price of a convertible bond.
      4. Identify the two premiums paid for a convertible bond.
      5. Explain why the two premiums are inversely related.
      6. Explain the advantage offered by a put bond.

VII. Construct a Diversified Portfolio
   A. Investment companies
      1. Differentiate between closed-end and open-ended investment
companies.
      2. Define net asset value.
      3. Identify the costs of investing in mutual funds and closed-end
investment companies.
      4. List the advantages offered by investment companies.
      5. Distinguish among the types of mutual funds.
      6. Identify hidden capital gains and losses.
   B. Portfolio planning, management and evaluation
      1. Identify financial goals.
      2. Enumerate the risk/reward, marketability/liquidity and tax status
of investment alternatives.
      3. Match types of assets with individual financial goals.
      4. Construct an individual’s balance sheet and cash budget.
      5. Explain the importance of investment management in an efficient
market context.

VIII. Real Estate
   A. Describe the advantages and disadvantages of real estate as an
investment.
   B. Valuate real estate investments
      1. The cost approach
      2. Comparative sales value
      3. The income approach
      4. Combination of the three approaches
   C. Describe the forms of real estate ownership
      1. Individual or regular partnership
      2. Syndicate or limited partnership
      3. REIT's

Content Outline and Competencies:

Content Outline and Competencies:

I. The Evolution of Human Relations
   A. Outline the evolution of human relations, including:
      1. Human relations is a multidisciplined science with a practical
approach.
      2. Industrialism.
      3. Frederick Taylor and Robert Owen.
      4. Elton Mayo and the Hawthorne Studies.
      5. The 1930s to current.
   B. Explain why human relations skills are important in today’s work
force.

II. Personality, Values and Attitudes in Human Relations
   A. Personality
      1. Define personality.
      2. Explain personality types and behavior and how they affect human
relations in the workplace.
      3. Define stress, and explain its causes, signs and methods of
control.
      4. Explain the relationship between personality, stress and human
relations.
   B. Values
      1. Define values and value system.
      2. Explain the relationship between values and attitudes and how
they impact human relations in the workplace.
   C. Attitudes
      1. Define attitude and explain how it impacts job satisfaction and
human relations in the workplace.
      2. Explain different supervisory attitudes toward employees and
their impact on human relations.
      3. Outline steps in changing attitudes.
      4. Define self-concept and its impact on human relations in the
workplace.

III. Interpersonal and Organizational Communication
   A. Interpersonal communication
      1. Define communication.
      2. Outline and explain the steps in the communication process.
      3. Explain the importance of communication skills in the workplace.
      4. Differentiate between verbal and non-verbal communication and
list positive techniques for each.
   B. Organizational communication
      1. Define organizational communication.
      2. List and explain the channels of organizational communication.
      3. Explain the grapevine as a form of organizational communication,
its impact and use in the workplace.

IV. Motivation
   A. Define motivation and explain its importance in the workplace.
   B. List and explain theories of motivation and how they can be applied
in today’s workplace.

V. Leadership
   A. Define leadership and explain why leadership skills are important.
   B. List and explain theories of leadership and their application in
today’s workplace.

VI. Power
   A. Define power and explain its importance in the workplace.
   B. List and explain sources of power in an organization.
   C. Define organizational politics and explain its impact on human
relations in the workplace.
   D. List and explain techniques for positive organizational politics.
   E. Define ethics and explain its impact on human relations in the
workplace.
   F. List and explain techniques for ethical business decisions.

VII. Groups and Problem Solving, Decision Making and Change Management
   A. Groups
      1. Identify group and team differences.
      2. List the different types of groups and explain their functions.
   B. Group Problem Solving and Decision Making
      1. List and explain the group problem solving and decision making
steps.
      2. Define creativity and explain how it can be used in group problem
solving and decision making.
   C. Change management
      1. Explain reasons for resistance to change in the workplace.
      2. Describe strategies for overcoming resistance to change in the
workplace.
      3. List and explain change models and describe their application in
the workplace.

VIII. Legal Issues
   A. Differentiate between discrimination and prejudice.
   B. List and explain laws that govern employment law including:
      1. The Civil Rights Act of 1964
      2. The Americans with Disabilities Act
      3. Affirmative Action programs
      4. Sexual harassment
      5. The Family Medical and Leave Act of 1993
   C. List the five areas that constitute employment discrimination.
   D. List the four exceptions that allow for employment discrimination.

IX. Cross-Cultural Human Relations
   A. Explain the importance and impact of cross-cultural human relations
in today’s workplace.
   B. Explain barriers to creating positive cross-cultural human
relations.
   C. Describe strategies to foster positive cross-cultural human
relations.

Content Outline and Competencies:

Content Outline and Competencies:

I. Globalization
   A. Explain what is meant by globalization of production and marketing.
   B. Describe the causes of globalization.
   C. Identify changing international trade patterns and foreign direct
investment flows in the world economy.
   D. Describe the debate over the impact of globalization on job
security, income levels, labor and environmental policies, and national
sovereignty.
   E. Generalize how globalization is giving rise to numerous
opportunities and challenges that business managers must confront.

II. Country Differences
   A. Outline how the political systems of countries differ.
   B. Outline how the legal systems of countries differ.
   C. Outline how the economic systems of countries differ.
   D. Summarize how political, legal and economic systems collectively
influence a country’s ability to achieve meaningful economic progress.
   E. Explain how a country’s political, legal and economic systems
influence the benefits, costs, and risks associated with doing business in
that country.
   F. Critically analyze the ethical issues that can arise when doing
business in a nation whose political and legal systems are not supportive
of basic human rights.
   G. Define what is meant by culture.
   H. Examine why culture is different in different countries because of
differences in social structure, religion, language, education, economic
philosophy, and political philosophy.
   I. Describe the role of economic advancement, technological change, and
globalization on contemporary culture.
   J. Explain the relationship between culture and the values found in the
workplace.
   K. Explain the implications for international business management of
differences in culture.

III. Cross-Border Trade and Investment
   A. Describe why nations trade with each other.
   B. Summarize the different theories that have been offered to explain
trade flows between nations.
   C. Generalize the arguments most economists make for why unrestricted
(free) trade between nations will raise the economic welfare of all
countries that participate in a free trade system.
   D. Summarize the arguments of those who maintain that government can
play a proactive role in promoting national competitive advantage in
certain industries.
   E. List and describe the various policy instruments that governments
use to restrict imports and promote exports.
   F. Describe some of the arguments for and against government
intervention in international trade.
   G. Define foreign direct investment and describe the forces
underpinning the rising tide of foreign direct investment in the world
economy.
   H. Contrast foreign direct investment, licensing and exporting.
   I. Analyze the strategic advantages to a firm of foreign direct
investment.
   J. Analyze why certain locations are favored as a target of foreign
direct investment activity.
   K. Explain how political ideology influences government policy toward
foreign direct investment.
   L. Describe the benefits and costs of foreign direct investment to
receiving and source countries.
   M. Identify the different levels of economic integration that are
possible between nations.
   N. Describe the economic and political arguments for and against
regional economic integration.
   O. List some of the more important regional economic agreements in the
world and analyze their future prospects.

IV. Global Monetary System
   A. Describe the form and function of the foreign exchange market.
   B. Contrast spot and forward exchange rates.
   C. Analyze how currency exchange rates are determined.
   D. Outline the role of the foreign exchange market in insuring against
foreign exchange risk.
   E. Explain why some currencies cannot always be converted into other
currencies.
   F. Identify the role of countertrade in the global economy.
   G. Identify the role played by the global monetary system in exchange
rate determination.
   H. Summarize the differences between a fixed and floating exchange rate
system.
   I. Summarize the arguments for and against fixed and floating exchange
rate systems.
   J. Explain the role played by the International Monetary Fund and the
World Bank in the global monetary system.

V. Competing in the Global Marketplace
   A. Explain how firms can profit from expanding their activities
globally.
   B. Describe the different strategies for competing globally.
   C. Explain how cost pressures and country differences can influence a
firm’s choice of global strategy.
   D. Outline how firms can use strategic alliances to support their
global strategy.
   E. Describe the different modes that firms can use to enter a foreign
market, and analyze the advantages and disadvantages of each mode of
entry.
   F. Describe the relationship between strategy and a firm’s choice of
entry mode.
   G. Outline the mechanics of export and import financing.
   H. Defend why and how it may be appropriate to vary the attributes of a
product across countries.
   I. Defend why and how it may be appropriate to vary a firm’s
distribution, pricing, and advertising and promotional strategies across
countries.
   J. Explain how country differences, manufacturing technology, and
product features all affect the choice of where a firm locates production
operations.
   K. Describe factors that influence a firm’s decision of whether to
source component parts from within the company or purchase them form a
foreign supplier.
   L. Generalize the pros and cons of different approaches to staffing
policy in international businesses.
   M. Describe the role that training, management development, and
compensation practices can play in effectively managing human resources
within an international business.

Content Outline and Competencies:

Content Outline and Competencies:

I. Human Resource
   A. Strategic Nature of Human Resource Management and Planning
      1. Define organizational culture and describe its link to the HR
strategy.
      2. List and define the six major categories of HR activities.
      3. Define HR planning and explain the HR-unit responsible for it.
      4. Explain the importance of external environmental scanning and
auditing current jobs and skills in HR planning.
      5. List the ways to manage and plan for labor surplus.
   B. Human Resources and Organizational Competitiveness
      1. Explain the transformation of traditional psychological contract
between employers and employees.
      2. Define job design and identify the five components of the
job-characteristics model.
      3. Define job satisfaction and organizational commitment and
summarize how they affect absenteeism and turnover.
      4. Define Total Quality Management, and HR’s role with it.
   C. Global Human Resource Management
      1. Define culture and explain how national cultures can be
classified.
      2. Differentiate among the various companies that engage in
international ventures.
      3. Identify the several international compensation packages and
health/safety concerns.

II. Equal Employment Opportunity
   A. Diversity and Equal Employment
      1. Define diversity management and describe what it encompasses.
      2. Differentiate among diversity management, equal employment and
affirmative action.
      3. Compare and contrast the concepts of validity and reliability in
employment requirements.
   B. Implementing Equal Employment
      1. Describe the two types of sexual harassment and how employers
should respond to complaints.
      2. Give examples of three sex-based discrimination issues besides
sexual harassment.
      3. List the major requirements of the American with Disabilities
Act.

III. Analyzing and Staffing Jobs
   A. The Job Analysis Process
      1. Write a job description and the job specifications for it.
      2. Define job analysis, job description and job specification.
      3. List and explain four job analysis methods.
   B. Recruiting
      1. Define recruiting and point out three strategic recruiting
issues.
      2. Outline a typical recruiting process.
      3. Identify legal considerations affecting recruiting.
      4. Compare internal and external sources of recruiting.
   C. Selection:
      1. Describe selection and list several reasons a specialized
employment unit enhances the process.
      2. Define three types of interview and list the six key
considerations in the selection interview.
      3. Explain how legal concerns affect background investigations.
      4. Construct a guide for conducting a selection interview.

IV. Training and Developing Human Resources
   A. Orientation and Training
      1. Define training and explain its legal aspects.
      2. List and distinguish among the four characteristics of an
effective orientation system.
      3. List at least four training methods.
      4. Identify three designs used in evaluating training.
      5. Give an example for each level of training evaluation.
   B. Appraisal of Human Resources
      1. Distinguish between job criteria and performance standards.
      2. Identify the two major uses of performance appraisals.
      3. Explain rater errors, giving examples of each.
      4. Describe advantages and disadvantages of several appraisal
methods.
      5. Identify the characteristics of a legal and effective performance
appraisal system.

V. Compensating Human Resources
   A. Compensation
      1. Identify the three types of compensation.
      2. Contrast the two compensation philosophies.
      3. Explain the different bases for compensation.
      4. Define job evaluation and explain the four methods of performing
it.
      5. Outline the process of building a wage and salary administration
system.
   B. Employee Benefits
      1. Define a benefit and identify approximate average benefit costs.
      2. Identify strategic reasons an employer might choose to offer
benefits.
      3. Describe two security benefits.
      4. List and define at least six pension-related terms.
      5. Identify typical time-off benefits.
      6. Explain why health-care cost management has become important.

VI. Maintaining Employee and Labor Relations
   A. Health, Safety and Security of Employees
      1. Define health safety and security and explain their importance in
organization.
      2. Explain how workers compensation and child labor laws are related
to health and safety.
      3. Describe OSHA inspection and record keeping requirements.
      4. Identify and describe three different approaches to safety.
   B. Employee Rights and Discipline
      1. Explain how employee rights and HR policies are interrelated.
      2. List elements necessary to consider when developing an employee
handbook.
      3. Explain the concept of just cause and how it is determined.
      4. Outline a progressive discipline sequence.
   C. Union/Management Relation and Collective Bargaining
      1. Describe what a union is and explain why employees join unions.
      2. Identify and describe the stages in the unionization process.
      3. Define decertification and explain how it occurs.
      4. Define collective bargaining and list four bargaining
relationships and structures.
      5. Define grievance and describe the importance of grievance
procedures.
      6. Explain the basic steps in a grievance procedure.
   D. Evaluating Human Resource Effectiveness
      1. Identify three general areas in which HR departments should set
goals.
      2. Explain the three major reasons why HR records are necessary.
      3. Differentiate between primary and secondary research and identify
four methods for researching HR problems.
      4. Identify two approaches to assess HR effectiveness.
      5. Describe and identify elements of an HR audit and trace the
process.

Content Outline and Competencies:

Content Outline and Competencies:

I. Plan for the Position

A. List objectives to achieve from the internship.

B. Identify possible internship opportunities using written and on-line resources.

II. Investigate opportunities and Secure a position

A. Provide an accurate description of the company’s products and services.

B. Describe the company’s organization and management style.

C. Describe the company’s market niche and customer base.

D. Complete the application and interview process.

III. Develop the Internship

A. Determine specific objectives for the internship with the faculty advisor.

B. Meet with the job supervisor to discuss the position description and duties.

C. Meet with the faculty advisor and the job supervisor to discuss the objectives and evaluation procedures for the internship.

IV. Organize for the position

A. List the specific goals to be accomplished.

B. Determine methods to measure completion of the goals.

V. Demonstrate Professional behavior

A. Exhibit punctuality, initiative, courtesy, loyalty and honesty .

B. Exhibit the ability to get along with others.

C. Demonstrate the ability to adapt to changes in the occupational environment.

D. Demonstrate time management skills by successfully balancing the internship position and school responsibilities.

VI. Documenting the Internship

A. Maintain records detailing job-related tasks at the work site (for example, a journal or activity log).

B. Maintain records of hours worked and tasks completed.

C. Maintain records of interactions with supervisors or other management.

D. Document classroom knowledge (theory, concepts, facts, and strategies, skills) used to complete job-related tasks.

E. Document problems experienced and solutions applied.

VII.  Apply knowledge and skills acquired in Business Administration courses 

A. Demonstrate an understanding of working with the policies and regulations of the employer.

B. Set priorities in which several tasks will be accomplished.

C. Demonstrate an understanding of decision making and problem solving.

D. Identify and develop positive attitudes toward tasks and fellow employees appropriate for the workplace, including giving and accepting criticism and praise.

E. Demonstrate effective work ethics.

VI. Evaluation of Internship

A. Describe and assess the degree of consistency between learned classroom competencies and workplace practices through reflection.

B. Provide a comprehensive self-evaluation.

C. Review and comment on the internship supervisor’s performance evaluation.

D. Create a portfolio including documentation of tasks and projects completed, self-evaluation and reflection.

Content Outline and Competencies:

Because of the nature of a Special Topics course, the course content outline and competencies will vary, depending on the special topic being offered. In order to maintain course consistency, rigor and uniqueness, each section of this course first must be reviewed and approved by the Business Administration faculty prior to its being offered. The Business Administration Faculty, the Business Administration Chair and the Business Division Dean will review each Special Topics course to be offered, and approve the course content. The Business Administration Department will also determine when and if the course may be taught.