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ADM 1100 B/ ADM 1300 D – Intro. to Business Management

ADM 1100 B/ ADM 1300 D – Intro. to Business Management. Introduction to Business Management. The best class you will take this year!. Agenda. Course Outline Objectives Topics to uncover How we will learn Textbook and Website Evaluation Expectations Case Study Guidelines

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ADM 1100 B/ ADM 1300 D – Intro. to Business Management

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  1. ADM 1100 B/ ADM 1300 D – Intro. to Business Management

  2. Introduction to Business Management The best class you will take this year!

  3. Agenda Course Outline Objectives Topics to uncover How we will learn Textbook and Website Evaluation Expectations Case Study Guidelines Agenda for Next Class

  4. PLEASE NOTE… • This is a combined course for ADM 1100 and ADM 1300. • There are several differences in the deliverables. Please listen carefully!

  5. A Little About Me Born and raised in Nova Scotia Education – U of Ottawa and Dalhousie University Public and Private sector experience Office: Desmarais Building, room 1111 C Office hours: Mondays and Thursdays 4:30 – 6:00 p.m.

  6. Course Objectives • Provide knowledge on methods organizations use to operate effectively • Understand manager’s role and functions • Learn how managerial functions are used in the management of various resources

  7. Topics to Uncover The Manager Business Ownership Management Thought The Business Environment Ethics and Social Responsibility Decision Making Goal Setting The Process of Management Business Communication Finance, Accounting Human Resources Marketing

  8. How We Will Learn • Presentations • Discussions • Readings • Case Studies • News Articles

  9. Textbook and Website Introduction to Business Management ( a custom version), Pearson Education, 2010. www.doc-depot.management.uottawa.ca

  10. Evaluation for ADM 1300 Mid-term Examination (Oct. 21) = 25% Final Examination (TBA) = 35% Individual Case Study (Nov. 10) = 20% Seminar Group (DGD) = 20%

  11. Evaluation for ADM 1100 Mid-term Examination (Oct. 21) = 30% Final Examination (TBA) = 35% Individual Case Studies (Oct. 6 and Nov. 10) = 15% and 20%

  12. Exams Mid-term Examination Covers all material covered up to and including October 13, 2011 Final Examination Covers entire course 85% emphasis in material since Mid-term examination Multiple Choice and Essay Style Questions

  13. IndividualCase Study Reports Due at the beginning of class 3 weeks to do: Cases will be posted on Doc Depot Use proper Case analysis method Typed; proper format

  14. Weekly Seminar (DGD)– ADM 1300 only! • Start the week of September 18th • Attendance is mandatory • Conducted by Teaching Assistant

  15. Seminar Marks – ADM 1300 only Group Case #1 4 marks Group Case #2 6 marks Individual Case Analysis 10 marks Total 20 marks • Attendance is compulsory; if 3 or more are missed, 0/20 marks awarded.

  16. Fraud Please look online: http://www.sass.uottawa.ca/writing/centre.php Fraud of any kind is simply NOT Tolerated No second chances

  17. Failure Rate On average, over the past five years, there has been about a 15% failure rate in this course…

  18. But, let’s talk about success! Great foundation course Gives an overview of all functional areas of business Shows you what you can expect The course is demanding, but it is rewarding

  19. Expectations of Professor • Deliver required course content • Provide a meaningful learning environment • Provide appropriate and timely feedback • Be prepared • Be fair • Be fun

  20. Expectations of Students • Be prepared – keep up to date with content • Have passion to learn (hopefully business) • Be courteous • Be punctual – with class and assignments • Active participation

  21. Questions Anyone?

  22. The Case Method A rational, logical, decision making process

  23. What is a Case? A real-life business problem Apply theoretical concepts to an actual situation Develop decision-making skills

  24. Case Format Executive Summary (5 marks) Assumptions Problem Statement (15 marks) satellite problems / central problem(s) implications on the organization implications on the personnel

  25. Case Format (cont’d.) Alternative Solutions (50 marks) Recommended Solution (5 marks) Implementation (15 marks) immediate; short-term; long-term Grammar (10 marks)

  26. Key Factors When Preparing Are my assumptions reasonable? Do I really understand the problem? Have I looked at all viable alternatives? Is my decision realistic? Does it proceed in a logical fashion? Have I outlined reasonable methods as to how my solution can be implemented?

  27. Step by Step Summary Read case a minimum of 2-3 times Make any reasonable assumptions List all of the apparent problems Determine the Central Problem What alternatives are available? Make a recommendation Implement the recommended solution

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