Maricopa Community Colleges  GBS151   19916-99999 
Official Course Description: MCCCD Approval: 04/23/91
GBS151 19916-99999 LEC 3 Credit(s) 3 Period(s)
Introduction to Business
Characteristics and activities of current local, national, and international business. An overview of economics, marketing, management and finance. Prerequisites: None.
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MCCCD Official Course Competencies:
GBS151   19916-99999 Introduction to Business
1. Describe in writing the economic systems of capitalism, communism, socialism, and free enterprise; and identify major United States historical economic events. (I)
2. Identify in writing the advantages and disadvantages of a sole proprietorship, partnership, and corporation; identify the function of management; analyze the aspect of human relations in business; identify the major labor organizations and summarize the historical development and current trends of labor organizations. (II)
3. Describe in writing the marketing functions of promotion, selling, merchandising, distribution, producing goods, and producing services. (III)
4. Identify in writing the major financial institutions; explain risk management and money management; and explain the functions of accounting and data processing in a business. (IV)
5. Describe in writing the economic effects of international business and the laws affecting business and consumers, and analyze mergers and consolidations. (V)
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MCCCD Official Course Outline:
GBS151   19916-99999 Introduction to Business
    I. An Overview of Economic Systems
        A. Comparative economic systems
          1. Capitalism
          2. Communism
          3. Socialism
          4. Free Enterprise
        B. History of business as it developed in the United States
      II. Managerial Process
          A. Organizational Structure
            1. Sole proprietorships
            3. Corporations
          B. Functions of Management
          C. Human Relations in Business
          D. Human Resource Management
            1. Labor organizations
              a. Historical
              b. Current trends
        III. Marketing Functions
            A. Promotion
            B. Selling
            C. Merchandising
            D. Distribution
            E. Producing Goods
            F. Producing Services
          IV. Finance
              A. Accounting
              B. Financial Institutions
              C. Risk Management
              D. Money Management
              E. Computer Information Systems
            V. Government Business
                A. International Trade
                B. Laws Affecting Business
                C. Laws Affecting Consumers
                D. Mergers and Consolidations
                E. Statistical Measurement
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