SENECA COLLEGE, TORONTO
BUS 106 (2008),   Intro to Business 
As Taught by
Prof. Tim Richardson May - June 2008
Prof. Robert Carroll July - August 2008
go here to get your marks  witiger.com/marks/- check to see that they are accurately recorded
last updated 2008 May 08
BUS 106 in 2006 and early 2007 used the text UNDERSTANDING CANADIAN BUSINESS, 5th Edition; - published by McGraw-Hill
BUS 106 in Sept 2007 and Jan 2008 uses the text BUSINESS: IT'S NATURE AND ENVIRONMENT;  6th Canadian Edition; -published by Pearson ISBN: 0135140730
 
May
Prof. Richardson
June
Prof. Richardson
July
Prof. Carroll
Aug
Prof. Carroll
Chpt 1 May 6
profit, loss, revenue, risk
entrepreneurs, stakeholders
non-profit
factors of production

Role of Government in Business
 o gov't as customer
 o gov't as regulator
 o gov't taxation
 o provider of services
 ocrown corporations
 oDept. of Foreign Affairs
 ogov't influence

Law of Supply & Demand
Supply & Demand May 8

Degrees of Competition
 May 8
 o Perfect Competition
 o Monopolistic
 o Oligopoly
 o Monopoly
----------------------------------
Chpt 2 May 8
6 Environments May 8
 o economic p. 39
 o technological p. 49
 o political/legal & regulatory p. 54
 o social-cultural p. 54
 o competitive p. 56 
 o geographic

- by country
 - cultural considerations
----------------------------------
Chpt 3 
Ethics
Social Responsibility
- responsibility to the environment
- pollution
- rights of consumers
        www.consumer.ca
- consumerism
- unfair pricing

CBC backgrounders 
 o Whistleblowers p. 90 
     Bill C-25, Disclosure Protection
 o Insider Trading p. 91 

Geographic Environment
Weather Extremes &
    Global Warming
 o Kyoto

 Chpt 4
98% of all business is small business
Entrepreneurship and Small Business
---------------------------------------
 www.financialpost.com/
small_business/startup
/index.html
-------------------------- 
5 steps - new product development process p. 112 - p. 115
.
Self assessment tools online
 owww.bdc.ca
.
patents
obtaining financing
.
Forms of Business Ownership
 o Sole Proprietorship
 o Partnerships
    o General Partner
    o Limited Partner
    o Limited Liability
 o Corporations
    o Public
    o Private
Mergers & Acquisitions
Franchising
 oCo-operatives, SWP, UCO
----------------------------------
Chpt 6
.
Functions of Mgmnt
(the Marketing Mgmnt Process)
PDOC
 o Planning
 o Organizing
 o Leading(Directing)
 o Controlling
.
Planning
 o Vision
 o Mission Statement p. 177
 oGoals & Objectives
    o Goals
    o Objectives
    o Plans
    o Strategies
    o Tactics
 oSWOT Analysisp. 179
.
Types of Planning p. 181
 oStrategic Planning
 oTactical Planning
 oContingency Planning
 oOperational Planning
.
4 types of opportunities 
(discussed in MRK 106) 
p. 182
  o Market Penetration 
  o Market Development 
  o Product Development 
  o Diversification
.
Contingency Planning p. 183		 Chpt 5 
International Business
summary of all int'l business
topics
int'l business SUMMARY

Globalization
Forms of Competitive Advantage p. 144
.
4X - Foreign Exchange
.
- Why Export p. 150
- gauging int'l demand
.
Collaborative Relationships p. 153
.
FDI concepts p. 154
.
subsidiesp. 158
dumpingp. 160
.
 o GATT / WTOp. 160
 o NAFTAp. 162
---------------------------------
Chpt 11 
5 kinds of utility p. 340 text

Producing World Class Goods & Services
Production Management
Operations Management
Facility Location
Facility Layout
J.I.T.p. 359
TQMTotal Quality Control p. 36
-----------------------------------------------
Chpt 12 
Increasing Productivity & Quality
 oSix Sigma  Dilbert
 oTQM
 oISO 9000  www.iso.org
.
Supply Chain Mngmnt
.
Benchmarking
J.I.T.
----------------------------------
Chpt 15
Much of Chpt 15 in the Griffin/Ebert text are topics covered in MRK 106

"Marketing concept"
Understanding Marketing 
    Processes
(done in MRK 106)

Poltical Environment p. 476
Social/Cultural Environment p. 476
Technological Environment p. 477
Economic Environment p. 466
Competitive Environment p. 478

The Mktg Mix
4Ps p. 479-480

Target Marketing 
Market Segementation p. 481
- (see MRK 106)
Market Research p. 486
Surveys p. 488
Data Mining p. 489
Consumer Behaviour p. 490

 Chpt 16 in the Griffin/Ebert text is about Product, Branding and Advertising topics, such as the PLC and is a topic covered in MRK 106
----------------------------------
Chpt 17 in the Griffin/Ebert text is about Pricing and is a topic covered in MRK 106
----------------------------------
Chpt 18 
Money & Banking
 o credit cards
 o 4X
 o Role of the central Bank of Canada
 o Payment matrix
 o IMFp. 611
 o World Bank p. 611
----------------------------------
Chpt 19
Securities & Investments
Stocks, Bonds
Securities Regulations

Canada’s Securities Industry
- overview
m
Bank of Canada bonds

OSC - the Ontario Securities Commission  www.osc.gov.on.ca

The Toronto Stock Exchange
TSX  www.tsx.com

Canadian Securities Institute
 www.csi.ca
.
Canadian Securities Course
----------------------------------
Chpt 20
Factoring Accounts Receivable
Debit Financing
Equity Financing
Venture Capital
- Quorum
Financial Decisions
Sources of funds
Risk Management
Insurance
May 6
May 9
May 12 discuss Chpt 2 in class
May 15 Quiz # 1 (Chpt 1 & 2)
May 19 no class
Victoria Day Holiday
May 20 read Chpt 3
May 22 discuss Chpt 3 in class		 May 26 read Chpt 4
May 29 discuss Chpt 4 in class
June 03 Quiz # 2 (Chpt 3 & 4)
June 05 read Chpt 6
June 10 discuss Chpt 6 in class
June 12 read for exam
June 17 exam review in class
June 19 Mid-Term Exam
break week June 23 - 27		 July 1 Canada Day Holiday
July 08
July 10
July 15
July 17
July 22
July 24		 July 29
July 31
Aug 4 no class (holiday)
Aug 05
Aug 07
Aug 11 - 15 EXAM WEEK
http://www.cbc.ca/news/background/CBC backgrounders - a good resource for BUS 106

course outline online http://www.senecac.on.ca/outlines/073/FOB/BUS106.HTM

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Jan 2008
Feb 2008
Mar 2008
Apr 2008
Section M Q (Mon-Wed)
Jan 9
Jan 14
Jan 16
Jan 21Quiz # 1
Jan 23 		 Jan 28
Jan 30
Feb 4  Quiz # 2
Feb 6 ( doing Chpt 6)
Feb 11 ONLINE
Feb 13 
Feb 18 holiday - no school
Feb 20 Mid-Term Exam
break week Feb 25 - Feb 29		 Mar 3
Mar 5 snow - no class
Mar 10 
Mar 12 Quiz # 3 Chpt 5
Mar 12 Chpt 12
Mar 17 Chpt 15

Note Chpt 15 is replicated in MRK106

 Mar 19 read Chpt 18 online
Mar 24 Chpt 18
Mar 26 Quiz # 4 Chpt 11,12, 18
Mar 31
Apr 2 Quiz # 5 Chpt 19, 20
Apr 7 no class
Apr 9 review class

Apr 14 - 18th EXAM WEEK

CASE to read for the final exam in 2007
SENECA COLLEGE, TORONTO
http://highered.mcgraw-hill.com/sites/0070921997/information_center_view0/ BUS 106 (2006),   Intro to Business 
- managing change, dealing with globalization
As Taught by Prof. Tim Richardson Sept - Dec 2006
last updated 2006 Dec 01 AS TAUGHT IN 2006
 
Sept 2006
Oct 2006
Nov 2006
Dec 2006
Chpt 1
profit, loss, revenue, risk
entrepreneurs, stakeholders
non-profit
factors of production
6 Environments an overview
 o legal & regulatory
    (politics)
 o economic
 o technological
 o competitive
 o social-cultural
 oglobal
 o + geographic
   (weather, distance)
globalization
 - agricultural & manufacturing industries
 - natural resources
 - services
Chpt 1 powerpoint
----------------------------------
Chpt 2
How Economic Issues Affect Business
Capitalism
Supply & Demand

Competition
 o Perfect Competition
 o Monopolistic
 o Oligopoly
 o Monopoly

Cdn Dollar issues
GDP, productivity
price indexes
inflation, CPI etc.
business cycles
Chpt 2 powerpoint
----------------------------------
Chpt 4
Role of Government in Business
 ocrown corporations
 oDept. of Foreign Affairs
 ogov't influence
Chpt 4 powerpoint
----------------------------------
Chpt 5
Ethics and Social Responsibility
 oWhistleblowers
 oInsider Trading
 o Environmental Responsibility
 o Kyoto
 

 Chpt 6
Forms of Business Ownership
 o Sole Proprietorship
 o Partnerships
    o General Partner
    o Limited Partner
    o Limited Liability
 o Corporations
    o Public
    o Private
Mergers & Acquisitions
Franchising
 oCo-operatives, SWP, UCO
 oCredit Unions
----------------------------------
Chpt 7
Entrepreneurship and Small Business
patents
obtaining financing

MID TERM

 

 Chpt 8
Management & Leadership

Functions of Mgmnt
PDOC
 o Planning
 o Directing
 o Organizing
 o Controlling

Planning
 o Vision
 o Mission Statement
 oGoals & Objectives
 oSWOT Analysis

 oStrategic Planning
 oTactical Planning
 oContingency Planning
 oOperational Planning

Organization Charts
Staffing
Managing Diversity
Leadership Styles
Empowering Workers
Managing Knowledge (I.T.)

Customer Satisfaction
 oExternal Customers
 oInternal Customers

Management by Objectives

----------------------------------
Chpt 11
Motivating Employees
Mayo, Herzberg, 
Maslow's hierarchy of needs
McGregor Theory X & Y
Goal-Setting Theory
 
 
 
 

 

 Chpt 10
Producing World Class Goods & Services
Production Management
Operations Management
Facility Location
Facility Layout

Quality Control
 oSix Sigma  Dilbert
 oTQM
 oISO 9000  www.iso.org

Supply Chain Mngmnt
.
MRP, ERP
.
J.I.T.
----------------------------------
Chpt 3
Global Markets
Introduction
- Why Export
- dumping
.,
Collaborative Relationships
 o licensing
 o franchising
 o mgmnt contracts
 o turnkey ops
 o joint ventures
 o alliances
 o consortiums 
.
FDI concepts

Influencing Forces
.
 - countertrade
 - trade protection
 o WTO
 o IMF
 o World Bank
 o NAFTA
 o Competitiveness
----------------------------------
Chpt 17
Financial Management
----------------------------------
Chpt 18
Financial Services Industry
Sept 5
Sept 8
Sept 12
Sept 15 Quiz 1 (Chpt 1)
Sept 19
Sept 22 Quiz 2 (Chpt 2)
Sept 26
Sept 29 Quiz 3 (Chpt 4 & 5)		 Oct 3
Oct 6
Oct 10
Oct 13 Quiz 4 (Chpt 6 & 7)
Oct 17 Mid-Term
Oct 20 
Study Week Oct 23 - 27th
Oct 31		 Nov 3
Nov 7 no class
Nov 10 no class
Nov 14
Nov 17 Quiz 5 (Chpt 8)
Nov 21		 Nov 24
Nov 28
Dec 01
Dec 5
Dec 8
Exam Case

 
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