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LAKEHEAD CALENDAR 2009-2010

Lakehead 2009-2010 Academic Courses Undergraduate Courses Business Courses
Business Courses
Courses not offered this academic year (fall/winter terms) are indicated by the words "NOT OFFERED THIS YEAR" below the course description. Nevertheless, students should refer to the Timetable as a final check.
Business 1011      Introduction to Management
Credit Weight: 0.5
Description: This course has been designed to introduce Commerce students to the fundamental principles involved in the management of organizations. Specific emphasis is placed on the functions of management related to the planning, organizing, decision-making and controlling of organizational activities. The overall aim of this course is to provide a comprehensive overview of the dynamic relationships which exist between the many interacting components which comprise the whole organization (i.e., goals, structure, technology, human resources and the relevant external environment). Systems theory is used to develop a framework which can be used to illustrate these relationships. Course content covers the following general core areas: technology and organization, decision-making, management of human resources, and interactions with the environment.
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Business 1012      Financial Accounting
Credit Weight: 0.5
Description: In this course Commerce students are introduced to the purposes, objectives, concepts and processes of financial accounting. Key topics cover the accounting cycle, including preparation and understanding of financial statements, cash versus accrual accounting and revenue recognition. Emphasis is placed on the usefulness to external users of the information produced.
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Business 1013      Business Computing
Credit Weight: 0.5
Description: Designed to familiarize course participants with the use of computers in business. Course content will provide a broad introduction to productivity software, exploring various software applications and examining their implications for organizational success. The operating systems and the contexts within which such productivity software may be used are also introduced. Course participants will be expected to learn and demonstrate proficiency in the use of a number of representative applications deemed to be the current "industry standards" adopted by businesses.
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Business 1031      Business Writing I
Credit Weight: 0.5
Description: The course emphasizes the development of writing skills for business students. Topics include grammar, usage, style, format, and documentation. The writing process is specifically focused on various types of business communication (e.g. memos, letters, requests for proposals, proposals, reports).
Notes: Open only to student registered in the HBComm Program.
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Business 1066      Quantitative Analysis in Management
Credit Weight: 1
Description: This course has been designed to provide Commerce students with an introduction to quantitative analysis. The course emphasizes the process of selecting appropriate analytical techniques; minimization of the complexity of the analysis; communicating the results of quantitative analysis to others; and formulating managerial decisions on the basis of quantitative analysis. Students are introduced to a variety of computer packages to generate appropriate quantitative information and to prepare useful managerial reports and abstracts.
Notes: May not be taken as Economics 2115/2117.
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Business 1511      Basics of Management
Credit Weight: 0.5
Description: An introduction to management for part-time students and those not majoring in business. This is a survey course covering various functional areas of business including marketing, finance, operations, human resources and general management. Enrolments are limited so students can develop the skills and knowledge to be effective problem-solvers and decision-makers.
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Business 1512      Basics of Accounting
Credit Weight: 0.5
Description: An introduction to accounting for part-time students and those not majoring in business. Students are introduced to the purposes, objectives, concepts and processes of financial accounting. Enrolments are limited so that students can develop the skills, and knowledge to be effective problem-solvers and decision-makers.
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Business 1513      Basics of Business Computing
Credit Weight: 0.5
Description: A broad introduction to productivity software, exploring various software applications, and examining their implications for a wide range of organizations. Operating systems and the contexts within which such productivity software may be used are also introduced. Intended primarily for non-business students, course participants will be expected to learn and demonstrate proficiency in the use of a number of representative applications deemed to be the current "standards" adopted by successful organizations.
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Business 2012      Management Accounting
Credit Weight: 0.5
Prerequisite(s): Business 1012
Description: This course is intended to provide an introduction to the basic accounting concepts and techniques for management planning, control, and decision-making. The course provides an opportunity to apply these tools to profit-oriented enterprises as well as in government and non-profit organizations.
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Business 2014      Marketing Management I
Credit Weight: 0.5
Prerequisite(s): Business 1011, 1012, 1066
Description: This course serves to introduce business students to the North American system by which products and services are matched with existing and evolving consumer needs. From a strategic planning perspective, the course focuses upon the major concepts and techniques necessary to identify and assess profitable business opportunities for large and small organizations. The case method of study is employed for the purpose of developing the student's analytical skills when dealing with change as it occurs in a marketing context.
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Business 2016      Operations Management I
Credit Weight: 0.5
Prerequisite(s): Business 1013, 1066
Description: Building on a foundation of basic decision-making techniques, this course will examine the problems and concepts prevalent in various kinds of organizations with respect to planning, scheduling, layout, work study methods, and inventory control. Where possible these problems will be examined using some of the more basic models from operations research such as economic lot-size model and PERT-CPM.
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Business 2017      Managerial Economics
Credit Weight: 0.5
Prerequisite(s): Economics 1100
Description: Intermediate microeconomic theory with special emphasis on managerial applications. Topics include: demand theory and measurement, production and cost theory and measurement, market structure and pricing behaviour, pricing practices, regulation and antitrust law.
Notes: May not be taken as Economics 2017.
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Business 2018      Organizational Behaviour I
Credit Weight: 0.5
Prerequisite(s): Business 1011
Description: This course has been designed to provide a comprehensive introduction to the study of human behaviour in organizational settings. The overall aim is to familiarize course participants with the many nuances of individual and interpersonal behaviour and the complex factors which influence these behaviours. Particular emphasis is placed on an individual perspective and the manner in which each individual relates to his/her environment.
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Business 2019      Finance I
Credit Weight: 0.5
Prerequisite(s): Business 1012, 1013, 1066
Description: This course introduces the student to the field of corporate finance. The objectives of financial management, agency theory, the Canadian financial environment, financial mathematics, stock and bond valuation, portfolio theory and the theory and practice of capital budgeting, and the marginal cost of capital will be explored through the use of problems and case analysis.
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Business 2031      Business Writing II
Credit Weight: 0.5
Prerequisite(s): Business 1031
Description: Building on the knowledge and skills acquired in Business Writing I, this course will require students to further develop their writing skills. The course emphasizes an awareness of audience and purpose, and develops suitable skills and techniques in the processes of drafting, revising, editing, and documenting sources in a business context. The course will also require students to develop a working knowledge of relevant word processing applications.
Notes: Open only to students registered in the HBComm Program.
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Business 2033      Management Information Systems
Credit Weight: 0.5
Prerequisite(s): Business 1013 and completion of Year I H.B. Comm. with an overall 60% average
Description: Provides a broad introduction to the many elements that comprise an information system and briefly explores the underlying information technologies and their impact on business organizations. Emphasis is placed on managers' information needs, the various kinds of support necessary for decision-making, and the functional and strategic implications of information systems for organizations. Through the use of cases, course participants will be expected to demonstrate an awareness of current developments and the ability to identify dominant issues and possible solutions arising from the adoption of new technologies.
Notes: Students who have taken Business 3033 previously may not take Business 2033 for credit.
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Business 2034      Marketing Management II
Credit Weight: 0.5
Prerequisite(s): Business 2014
Description: Building upon the concepts and techniques introduced in Marketing I, this course introduces the major marketing policy decisions that influence the successful design and implementation of the organization's marketing strategy. Emphasizing a decision-making perspective, this case course requires students to consider formulation and management of the firm's product policies, pricing strategy, promotional programs and distribution channels. In addition, students are introduced to selected topics of current interest to marketing managers.
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Business 2039      Finance II
Credit Weight: 0.5
Prerequisite(s): Business 2019
Description: This course extends the scope of study in the field of corporate finance to include financial planning and analysis, the acquisition of short-term, intermediate and long-term sources of financing, working capital management as well as the theory of corporate capital structure and dividend policy. Case analysis using microcomputer-based spreadsheets will be employed.
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Business 2051      Business Presentations
Credit Weight: 0.5
Prerequisite(s): Business 2031
Description: Basic concepts of personal communication skills. Projects of interpersonal communication, small group communication, extemporaneous speaking, listening and analysis of communication arenas. Basic concepts and invention, preparation, organization, presentation, and criticism of messages for audiences. Workshops will emphasize effective presentations for the business community and students will be required to make use of accessible modern technological innovations. Projects emphasize audience analysis and attitude change.
Notes: Open only to students registered in HBComm.
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Business 2052      Intermediate Financial Accounting I
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 1012
Description: In this course and Business 3052, students explore in depth the traditional intermediate financial accounting topics as well as the recent developments in accounting valuation and reporting practices. Topics include cash, temporary investments, receivables, inventories, fixed assets, intangible assets, current and long-term liabilities, and partnerships.
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Business 2514      Entrepreneurial Marketing
Credit Weight: 0.5
Prerequisite(s): Business 1011 or 1511, Business 1012 or 1512
Description: As part of the Certificate in Entrepreneurial Studies, this course introduces students to the nature and scope of marketing management with an emphasis on new venture marketing. The course will focus on concepts and techniques regarding market opportunity identification and the creation of viable marketing strategies, as the foundation for new venture planning. Course topics include; buyer behaviour, marketing research, market segmentation competitor analysis, marketing mix development, market and sales forecasting, and profitability analysis.
Notes: May not be taken for credit by Business students.
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Business 2538      Entrepreneurial Human Resources
Credit Weight: 0.5
Prerequisite(s): Business 1011 or Business 1511
Description: As part of the Certificate in Entrepreneurial Studies, this course introduces students to the nature and scope of the study of organizational behaviour and its application to human resources management in the context of entrepreneurial organization.
Notes: May not be taken for credit by Business students.
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Business 2990      Work Term I
Credit Weight: 0.5
Description: The student will participate in the pre- and post-work term preparation sessions and activities as designated by the Faculty. Once placed, the student is responsible for meeting the academic requirements of the work term including, for example, but not necessarily limited to a job description, a training plan, a performance appraisal, and a work term report.
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Business 3012      Advanced Financial Accounting
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3052
Description: This course reviews selected topics in financial accounting including the following: objectives of financial reporting; long-term investments; business combinations; subsidiaries; joint ventures; consolidated statements; segment and interim statements; and foreign currency translation.
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Business 3014      Marketing Research I
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: This is an introduction to the techniques available to today's marketers. Emphasis will be placed on theory of marketing research fundamentals such as survey design as it applies to consumer behaviour, market segmentation and competitive analysis; conclusive and exploratory research, and basic analysis. Some attention will be given to the development of the framework for research projects.
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Business 3016      Operations Management II
Credit Weight: 0.5
Prerequisite(s): Business 2016, 2034
Description: Emphasizes the management of manufacturing activities; the use of concepts and techniques to solve problems ranging from job design through to the planning and operations of production systems within the company organization.
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Business 3017      The Canadian Business Environment
Credit Weight: 0.5
Prerequisite(s): Completion of H.B. Comm. I
Description: The study and discussion of current literature and case studies with respect to selected social, political, legal and economic factors bearing upon management decisions. Emphasis is placed on developing the ability of students to deal with the complexities of the domestic and global business environment.
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Business 3018      Organizational Behaviour II
Credit Weight: 0.5
Prerequisite(s): Business 2018
Description: This course has been designed to develop a comprehensive understanding of human behaviour under the constraints imposed by modern organizations. Based on an understanding of individual and interpersonal behaviour gained from prerequisite courses, course participants gain further insight into managerial behaviour in an organizational context. Particular emphasis is placed on the managerial perspective and the importance of understanding organizational behaviour in order to achieve organizational effectiveness.
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Business 3019      Corporate Finance
Credit Weight: 0.5
Prerequisite(s): Business 2039
Description: This course will include study of the current literature in the field of corporate finance. Emphasis is on empirical findings and the application of theory to practice. The analysis of cases with the aid of computer-based applications software is a dominant feature of this course.
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Business 3034      Analytical Techniques in Marketing
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: This course exposes students to an array of techniques designed to facilitate decision-making in a marketing context. Sample topics include: sales forecasting, productivity analysis, new product development, database marketing and transaction pricing. A marketing simulation will be an integral component of this course.
Offering: 3-0; or 3-0
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Business 3051      Law
Credit Weight: 0.5
Prerequisite(s): Business 1011
Description: A study of commercial law to assist the administrator in understanding the legal framework in which he/she must make his/her decisions.
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Business 3052      Intermediate Financial Accounting II
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2052
Description: Students continue their study of intermediate financial accounting which started in Business 2052. Topics include issuance and reacquisition of share capital, contributed surplus, retained earnings, dilutive securities, accounting for corporate income taxes, pension costs and leases, and accounting changes and error analysis.
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Business 3054      Sales and Merchandising Management
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: The goal of this course is to introduce students to the selling process and to provide them with the skills required to manage both an individual sales territory and a field salesforce. Students will be exposed to the latest trends in sales and merchandising such as: relationship marketing, direct marketing, the mobile office and a variety of other technological support systems. The applied focus of this course is enhanced through the use of role-playing and inter-active case assignments.
Offering: 3-0; or 3-0
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Business 3058      Human Resources Management
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2018
Description: This course has been designed to provide a comprehensive role of personnel management in the broad field of human resources management. The overall aim of the course is to familiarize course participants with the many functions of personnel management. Course content will stress the principles and techniques used in the attraction, retention and evaluation of employees.
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Business 3059      Investment Management
Credit Weight: 0.5
Prerequisite(s): Business 2039
Description: Techniques used in the pricing, selection and evaluation of fixed income, equity and derivative securities will be addressed in this course. Security price behaviour, stock-market indicator series, bond-duration, immunization and other portfolio management strategies will also be covered. Students will be encouraged to gain insight into the practical application of investment management theory through the use of experiential exercises.
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Business 3071      Strategic Management I
Credit Weight: 0.5
Prerequisite(s): Completion of Year II H.B. Commerce Program with an overall 70% average Business 3016, 3017, 3018 and a half core course from selected major
Corequisite(s): Business 3016, 3017, 3018 and a half core course from selected major
Description: An interactive, analytical and conceptual examination of the organization within its environment, focusing on the role of the chief executive in establishing objectives and formulating and implementing corporate strategy. Students learn to develop a framework reconciling the organization's needs and capabilities with management's personal objectives and society's values in a changing environment.
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Business 3072      Cost Accounting
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2012
Description: A detailed examination of the accountant's role in planning and control, twin functions required if an organization (profit and non-profit seeking) is to achieve its objectives. Topics include: cost information systems and accumulation procedures using job and process methods, accounting for materials, labour and overhead, joint and by-product costing, activity based accounting, budgeting, standard costing and variance analysis, direct costing, and cost allocations.
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Business 3073      Business Applications Programming
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: A comprehensive introduction to business applications programming with an overview of current industry programming standards and the more common uses of development environments, tools and software libraries. A comparative examination of common programming languages used to develop and support office productivity, as well as internet and network applications is also provided, with particular emphasis on Visual Basic and its relationship to Visual Basic for Applications and to VBScript. Course participants will be expected to learn and demonstrate both their programming proficiency and their understanding of the applications development process by undertaking a number of business-related assignments and projects.
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Business 3076      Seminar in Operations Management
Credit Weight: 0.5
Prerequisite(s): 2nd year core or permission of the instructor
Description: A study of the production function emphasizing the application and interpretation of computer-assisted analysis as it applies to the various areas of a production system. Included are plant layout, production scheduling, line balancing, materials handling and quality control. The student will be expected to analyze specific problems and case studies using the computer as an aid.
SpecialTopic: Y
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Business 3213      Systems Analysis and Design
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: A unifying framework for understanding the role and contributions of the systems analyst in the analysis and design of data flows, business processes, and interface technologies needed to support managerial decision-making. Emphasis is placed on the systems development life cycle (SDLC) and its implications for the orderly development of information technology solutions. In addition to learning to apply current methods and models to a wide variety of cases, course participants will be expected to demonstrate their proficiency in the use of popular tools for the diagramming, description and documentation of the final systems design.
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Business 3215      Principles of Entrepreneurship
Credit Weight: 0.5
Prerequisite(s): Completion of Year II in HBComm or Business 1511, 1512, 1513
Corequisite(s): Business 2514 and 2538
Description: An overview of the key elements in the entrepreneurial process is provided. Students will learn to think and act in a creative manner, obtain first-hand knowledge of local entrepreneurs, and develop attitudes and skills that will be useful in any organization. Each student will interview an owner-manager, generate an idea for possible new venture and then determine whether or not it presents a valid business opportunity.
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Business 3218      Legal Aspects of Labour Management Relations
Credit Weight: 0.5
Prerequisite(s): Business 1011
Description: This is an introductory course in labour relations. Its purpose is to provide students with a basic understanding of the participants in the collective bargaining process and the legal environment in which they operate. A variety of teaching techniques are used including: lectures, discussions, cases, movies, guest speakers and simulations. A considerable amount of participation is required by all students.
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Business 3233      Microcomputer Business Solutions
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: A comprehensive introduction to current practices and issues in the cost-effective acquisition and installation of microcomputers in business. Emphasis is placed on the capabilities and limitations of microcomputer hardware and their implications for software deployment. In addition to having a thorough understanding of "industry standard" hardware components, course participants will be expected to demonstrate their ability to develop and defend comprehensive proposals for the purchase, trouble-free installation, and subsequent technical support of microcomputers in a variety of operating environments.
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Business 3235      International Entrepreneurship
Credit Weight: 0.5
Prerequisite(s): Business 1011, 1012, 2034 or permission of the instructor
Description: This course is designed to introduce students to issues in International Business Entrepreneurship. The course will use an entrepreneurial framework in each of the areas of: entering international markets, customs and conventions, opportunities and threats in the international environment, operational factors in entering international markets, financial considerations and human resource planning factors. There are significant opportunities in the global marketplace and this introductory course in International Business will be of particular value to students interested in entrepreneurial decision making in the International Business environment. The course will take the perspective of entrepreneur as General Manager and Chief Executive Officer and focus on ways to get information and research International Business opportunities.
Offering: 3-0; or 3-0
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Business 3253      Business Data Communications
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: Current trends and issues in the adoption of communications media and equipment, methods of data transmission, and the hardware and software needed to support computer connectivity. Emphasis is placed on how current communications technologies support various network architectures. Course participants will be expected to demonstrate their understanding of network design and the mangement of network equipment by undertaking projects that meet a variety of design specifications.
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Business 3273      Website Design and Administration
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: The critical elements of design used to build effective business websites. Graphics, layout, navigation and content issues are all explored in detail. Broader issues related to the role of the website administrator and the server support necessary to author and publish web sites are also explored. Particular emphasis is placed on the most recent coding languages and techniques that make websites possible. Course participants will be expected to learn and demonstrate proficiency in the use of representative software applications for designing, authoring, publishing and administering websites.
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Business 3293      Database Processing
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: An in-depth study of database design principles, which examines how databases are developed to satisfy organizational objectives. Specific topics will include database design, development and deployment, normalization, distributed systems, SQL, database administration, and data warehousing. Course participants will be expected to learn and demonstrate proficiency in the use of representative Database Management Systems software applications.
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Business 3461      Management Policy
Credit Weight: 1
Prerequisite(s): Completion of H. B. Comm. II
Description: This course examines the strategic decision-making process in organizations. The development of management strategies and policies and the means required to effectively implement them are emphasized. Environmental factors, organizational capabilities, and social and personal values are analyzed in a variety of case studies of business firms and not-for-profit and public sector institutions, building on strategic management concepts and the knowledge acquired in the student's prior education and experience.
Notes: Open only to B. Admin. III students
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Business 3990      Work Term II
Credit Weight: 0.5
Description: For course description see Business 2990.
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Business 4011      Independent Research
Credit Weight: 0.5
Prerequisite(s): Permission of the Dean
Description: Students wishing to pursue independent management studies within the community may undertake certain projects for academic credit. Proposals for such independent studies would be presented to a review panel of professors in the Faculty of Business Administration, and if approved would be assigned to a particular professor or group of professors who will act in a supervisory capacity. Progress seminars of all participants would be required.
SpecialTopic: Y
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Business 4014      Marketing Research II
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034, 3014
Description: This is an advanced marketing research course. It will stress the development of in-depth research projects and analysis. Students will apply the tools of research through actual projects and/or case materials.
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Business 4018      Training and Development
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3018
Description: This course has been designed to orient the student to the role of training and development in the management of human resources. Further, it is intended to provide the student with a theoretical base for managing training in organizations. Finally, the course will expose students to training and development techniques currently being utilized in organizations.
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Business 4032      Topics in Financial Accounting
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3052
Description: Official pronouncements of the Canadian Institute of Chartered Accountants (and current literature) are studied with regard to topics of emerging and continuing interest to the accounting profession. Some of the areas which will receive detailed attention are accounting measurement models, objectives of financial reports, revenue recognition, and asset valuation.
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Business 4034      Marketing Communications
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: Management of advertising, sales promotion, personal selling, and publicity/public relations is considered in the context of developing an integrated marketing communications strategy for the firm and its products. Consumer behaviour and communication theories are examined as a basis for planning promotional campaigns. Promotional campaign management is examined in terms of target audience identification, creation of message and media strategies, promotional budget development and campaign evaluation.
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Business 4038      Organizational Structure and Design
Prerequisite(s): A mark of at least 60% in Business 3018
Description: This course has been designed to provide a detailed look at organizational structure and functions. The overall aim of the course is to create a better understanding of the alternative ways in which organizations may be structured and the impact which various structures may have on effectiveness and efficiency. Emphasis is placed on the organization as a complex set of specialized subsystems operating in a dynamic environment and the attendant need for innovation and organizational planning.
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Business 4039      Canadian Financial Institutions
Credit Weight: 0.5
Prerequisite(s): Business 2039
Description: This course is designed to improve the management skills of those who intend to pursue management careers in one of the several Canadian financial institutions. The course involves the study of the important types of financial institutions such as chartered banks, trust companies, sales and consumer finance companies, insurance companies, mutual funds, caisses populaires, credit unions, pension funds and investment dealers.
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Business 4058      Current Issues in Human Resources Management
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3058
Description: This course has been designed to provide in-depth coverage of current issues in human resources management. The overall aim of the course is to expose course participants to recent developments in human resources management practices and techniques which are changing in response to new legislation and modern business practices.
SpecialTopic: Y
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Business 4071      Strategic Management II
Credit Weight: 0.5
Prerequisite(s): Completion of Year III HB Commerce Program, including Business 3071, with an overall 70% average
Description: This course provides the opportunity to apply the concepts of strategic management to real-life organizational situations. Students are required to analyze an existing organization and to submit a detail report of their findings, analyses, and recommendations for the future. Although this is a half-course equivalent, this course will be scheduled over both fall and winter terms. It is strongly recommended that students consult the instructor and begin planning their activities before the end of their third year.
Offering: 1.5-0; 1.5-0
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Business 4072      Advanced Corporate Taxation
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 4272
Description: This course is designed to provide an overview of the Canadian system for taxing income earned by business corporations. The course builds on the topics covered in the introductory taxation course, with emphasis placed on corporate taxation, corporate reorganizations and tax planning rather than personal taxation. Tax planning for owners/managers of small business corporations and the restructuring of corporate holdings to take advantage of available tax saving opportunities will be discussed.
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Business 4074      Marketing Channels
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: Due to global expansion, technological advancements, and changes in consumer behaviour there has been a revolution in the manner with which products and services are delivered to consumers. Therefore, an expanded view of distribution channels is required, one which integrates the study of distribution, logistics, communication and retailing. This course adopts a balanced approach to the topic as both consumer and industrial channels are addressed.
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Business 4078      Communications for Managers
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2018
Description: This course has been designed to provide a detailed examination of interpersonal communications in organizations. The overall aim of the course is to create a better understanding of the many purposes and forms of interpersonal communication such as interviewing in organizational settings. Factors which determine the effectiveness of interpersonal communication are explored and applied through the use of cases and skill building exercises.
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Business 4079      International Financial Management
Credit Weight: 0.5
Prerequisite(s): Business 2039
Description: This course is designed to acquaint students with fundamental principles and isues in the field of international financial management. The topics covered in this course include foreign exchange markets, the operation of fixed and floating exchange rate systems, short and long-term investment and borrowing decisions, eurocurrency markets, foreign exchange risk management and capital budgeting for overseas investment.
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Business 4098      Human Resource Planning
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2018
Description: Designed to provide comprehensive coverage of human resource planning, this course exposes participants to current developments in Human Resource Planning practices and techniques. The course focuses on the primary human resource requirements which support business plans and business strategy. Content includes discussion of organizational analysis and design, job analysis and design, manpower planning and forecasting, and inventory of competency and skills.
Offering: 3-0; or 3-0
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Business 4099      Personal Financial Planning
Credit Weight: 0.5
Prerequisite(s): Business 2039 or permission of the instructor
Description: Personal Financial Planning will be of interest to those students who wish to pursue a career in the financial services industry. This course will also interest those who are currently employed in the financial services industry and who have a desire to strengthen their foundational knowledge. All elements of the personal financial planning cycle will be addressed, including: goal setting, measurement and control of personal wealth, income tax planning, risk management, insurance, credit and debt management, home buying and financing, retirement planning, estate planning and savings and investment. A software package in personal finance will be introduced and utilized throughout the course.
Offering: 3-0; or 3-0
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Business 4119      Derivative Securities
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2039
Description: This course addresses the theoretical and empirical issues with respect to the valuation and use of options and futures. The course will provide an introduction to both options and futures markets and proceeds with the development of pricing models for evaluating these securities. Derivative securities such as exchange-traded options, futures contracts, options on debt instruments, and stock index options will be introduced and strategies for using them for arbitrage, hedging and speculating will be discussed.
Offering: 3-0; or 3-0
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Business 4139      Risk Management and Insurance
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2039
Description: The concept of risk, methods of handling risk, the risk management process, and the use of derivatives in risk mitigation are topics addressed in the first part of this course. The second half of the course will focus on the structure and regulation of the insurance industry in Canada as well as common insurance products. Needs analysis, types of plans, taxation of plans and applications will be topics that are addressed with regard to life, disability, health and property and casualty insurance.
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Business 4159      Topics in Finance
Credit Weight: 0.5
Description: A seminar course which allows Fourth Year Business Finance Majors the opportunity to explore current issues in finance through focused class discussion and through an independent research project. The final written report will be formally presented to the class and to the Faculty.
SpecialTopic: Y
Notes: May only be taken by students registered in Year 4 of the Honours Bachelor of Commerce, Business Finance Major.
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Business 4179      Portfolio Management
Credit Weight: 0.5
Prerequisite(s): Business 3059
Description: Investment policy, portfolio theory, asset allocation, extending asset classes, management of equity and fixed-income portfolios and portfolio performance appraisal techniques are topics that will be addressed in this course. Practical application of portfolio management theory will be developed through the use of case analysis, internet-based electronic tools and the TD Investment Challenge.
Notes: Students who have taken Business 3079 previously may not take Business 4179 for credit.
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Business 4212      Accounting Theory
Credit Weight: 0.5
Prerequisite(s): Business 3012, 4032
Corequisite(s): Business 3012, 4032
Description: The fundamental structure of accounting theory is developed through the study of concepts related to accounting and an examination of the literature dealing with the formulation of accounting principles. A major part of the course is also devoted to study of the pros and cons of various unsettled issues involved in the determination and disclosure of enterprise periodic income.
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Business 4214      Topics in Marketing
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: The content of this course will vary according to the interest and availability of Marketing faculty and the interests of students. Topics will be selected to complement other Marketing courses offered and explore current issues and trends in Marketing. A major paper on a topic related to students' interests may be included.
SpecialTopic: Y
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Business 4218      Managing Organizational Change
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3018 or 3418
Description: This course has been designed to provide students with a comprehensive overview of the many problems organizations face in coping with a dynamic environment. The overall aim of the course is to develop in students an understanding of change processes and the behavioral implications these have for today's managers. Finally, the course is intended to familiarize students with various principles and techniques used by organizations for the purposes of adaptation, survival and growth.
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Business 4232      Controllership
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3072
Description: This course in advanced management accounting examines the concepts and elements of management control systems and the role of the controller in their development, implementation, and ongoing functioning. The linkages between corporate goals and management control systems are explored by means of selected readings and case studies.
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Business 4233      Local Area Networks
Credit Weight: 0.5
Prerequisite(s): Business 3253
Description: A comprehensive introduction to current theories and practices for the implementation and administration of client/server environments with particular attention given to server-side operations. Emphasis is placed on the actual installation, configuration, optimization and performance monitoring of popular server software to ensure the secure exchange of data and the sharing of networked resources. Course participants will be expected to understand the current trends and developments in local area network design and to demonstrate their practical skills by configuring various component elements in a series of practical projects and assignments.
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Business 4234      Social Marketing
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: The course examines the marketing function in the context of non-profit organizations, as it is performed to enhance social goals. Specifically, the creation of marketing plans for governmental, health care, and religious institutions is studied. Case work and lecturing are the principal teaching methods used, supplemented by group work.
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Business 4238      Research in Human Resources Management
Credit Weight: 0.5
Prerequisite(s): Business 3058
Corequisite(s): Business 3058
Description: A seminar course focusing on intensive studies of selected topics in the practice of human resources management. The techniques and sources of materials for research in Human Resources Management will be included. All students will be required to prepare and present a major report on an assigned topic.
SpecialTopic: Y
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Business 4253      Advanced Systems Analysis and Design
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3213
Description: Provides support for Information Systems Majors undertaking a "real-world" project in the community. Project groups assigned to various host organizations will conduct seminars in which they outline the challenges they face in the systems they are designing., share their insights into how they are addressing the many issues that arise, seek advice on resolving technical problems, and provide updates on their progress. The projects require undertaking a full development cycle in a microcomputer environment and submitting a fully documented report to the host and to the instructor. Team members are expected to conduct their affairs in a professional, business-like manner, providing deliverables and meeting all deadlines as agreed upon with the host organization.
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Business 4258      Research in Labour Relations
Credit Weight: 0.5
Prerequisite(s): Business 3218
Corequisite(s): Business 3218
Description: A seminar course focusing on intensive studies of selected topics in the practice of labour relations. The techniques and sources of materials for research in Labour Relations will be included. All students will be required to prepare and present a major research report on an assigned topic.
SpecialTopic: Y
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Business 4272      Taxation
Credit Weight: 0.5
Prerequisite(s): Business 3052
Corequisite(s): Business 3052
Description: This course traces the development of taxation concepts in Canada, with an emphasis on recent changes in taxation legislation. An approach to business planning, within the Canadian tax structure, is the focal point of this course. The significant changes in taxation make this course very topical.
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Business 4273      Electronic Business Strategies
Credit Weight: 0.5
Prerequisite(s): Business 2033
Description: The purpose of the course is to provide students with a general overview of Internet-based technologies, and the usage of these technologies by organizations from a strategic perspective. Specifically, the course emphasizes the organizational fit between technologies and strategies, business models, current trends, legal aspects, and social issues. Students will also learn how to successfully launch and manage electronic business initiatives in both public and private organizations.
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Business 4274      Consumer Behaviour
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: Probably the most important aid to the professional marketer is a good understanding of buyer behaviour. This course examines in detail the various models used for analyzing and predicting consumer behaviour as well as the existing body of knowledge that attempts to explain why consumers act the way they do.
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Business 4278      Compensation Management
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2018
Description: This course has been designed to provide a comprehensive introduction to wage and salary administration. The overall aim of the course is to familiarize students with the many practices and techniques currently used to administer compensation. Particular emphasis is placed on internal equity, external competitiveness and legal compliance with current legislation.
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Business 4298      Occupational Health and Safety
Credit Weight: 0.5
Description: For course description, see Nursing page 138.
Cross-List(s): Nursing 4272
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Business 4412      Auditing I
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 3052
Description: This course examines the fundamental concepts and objectives of auditing. Focus is on the auditor's decision making process in gathering and evaluating evidence, and on reporting the results of the audit investigation. The guidelines and standards governing performance in various engagement situations are explored.
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Business 4414      Marketing Strategy
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2014, 2034
Description: This course provides marketing major students with the opportunity to apply their knowledge of all the marketing areas within a strategy development framework. This course will demonstrate, through the case method and readings, the interrelationships that exist between Consumer Behaviour, Advertising, Research, and Social Marketing, in a managerial context.
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Business 4418      Administering the Collective Agreement
Credit Weight: 0.5
Prerequisite(s): Business 1011
Description: The purpose of this course is to provide students with a thorough understanding of the theory, practices and principles involved in administering a collective agreement. Students will develop their skills in grievance handling and labour arbitrations through cases, movies and simulations. A considerable amount of participation is involved.
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Business 4432      Auditing II
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 4412
Description: This course examines issues affecting auditor performance, giving special attention to society's expectations of the auditor. Current topics such as auditor independence, risk and materiality judgments, and analytical review procedures will be examined in the general audit context. Specialized audit situations (small businesses, pension plans, comprehensive and internal audits), the application of a judgement in complex situations, and reporting implications will be addressed.
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Business 4438      Strategies in Negotiation
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 2018
Description: This course has been designed to develop an awareness of the many circumstances in which negotiation may be required. The overall aim is to familiarize students with the many forms which bargaining takes and the strategies and techniques which may be used. Emphasis is placed on the many nuances of interpersonal behaviour commonly found in conflict resolution techniques, particularly as they apply to distributive and integrative bargaining situations.
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Business 4452      Information Systems Auditing
Credit Weight: 0.5
Prerequisite(s): A mark of at least 60% in Business 4412
Description: This advanced course provides a comprehensive and practical guide on the impact of modern information technologies for professional accountants. The course builds on the auditing concepts and issues covered in Auditing I, and stresses auditing theory and practice in an electronic environment. Issues addressed include computer system integrity and controls, the importance of control consciousness, information system audit strategies, and a review of current issues in technology.
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Business 4458      Managing Diversity
Credit Weight: 0.5
Prerequisite(s): Business 3018
Corequisite(s): Business 3018
Description: This course is designed to examine diversity in the workplace. The overall aim of the course is to develop a broad understanding of the managerial challenges related to managing diversity. Participants will explore diversity as a work-related goal, determinants of diversity management, valuing diversity and dismantling workplace fallacies about organizational harmony.
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Business 4518      Strategic Staffing Issues
Credit Weight: 0.5
Prerequisite(s): Business 3058
Description: Designed to provide in-depth coverage of current issues and methodologies in recruiting and selecting employees for organizations. The overall aim of the course is to expose students to sound staffing practices that meet recent and evolving scientific, professional and legal standards. In particular, the course will stress the strategic role of staffing systems and introduce specific topics in staffing such as legal issues, job analysis and competency models, recruitment, screening, selection testing, decision making and evaluations of staffing practices.
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Business 4990      Work Term III
Credit Weight: 0.5
Description: For course description see Business 2990.
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Business 4992      Work Term IV
Credit Weight: 0.5
Description: For course description see Business 2990.
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Business 4993      Work Term V
Credit Weight: 0.5
Description: For course description see Business 2990.
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