The following list shows the chapter-level topics and assignments for the course. To see all of the course pages, visit the Table of Contents.
Chapter 1: Role of Business
- What Is Business?
- For-Profit vs. Nonprofit Businesses
- Factors of Production
- Functional Areas
- Stakeholders
- External Forces
- Discussion: The Stakeholders of Salty Pawz
- Discussion: External Factors = Internal Pressure
- Assignment: What Does a Business Look Like?
- Assignment: What Is Killing Our Business?
Chapter 2: Economic Environment
- Economics
- Economic Systems
- Demand
- Supply
- Equilibrium
- The Health of the Economy
- Economic Stages
- Discussion: Supply and Demand at Salty Pawz
- Discussion: Supply and Demand in Your Life
- Assignment: Supply and Demand for Salty Pawz
- Assignment: Price Inelasticity of Demand
Chapter 3: Global Environment
- Globalization
- Measuring Global Trade
- Global Business Strategies
- Global Trade Forces
- Global Trade Agreements and Organizations
- Ethical Challenges in the Global Environment
- Discussion: Sending Salty Pawz Global
- Discussion: Made in America
- Assignment: Taking Salty Pawz to the Global Market
- Assignment: We Do It Better Here
Chapter 4: Financial Markets and System
- Money
- The Role of Banks
- Financial Markets and Business
- Discussion: Why Wanda Cares About the Federal Reserve—or Does She?
- Discussion: Do You Have Change for a $20?
- Assignment: Show Wanda the Money
- Assignment: The Most Powerful Person in the World
Chapter 5: Legal Environment
- The Meaning and Purpose of Law
- Statutory and Common Law
- Tort Law
- Intellectual Property
- Warranties
- Contracts
- Consumer Protection and Antitrust Laws
- Discussion: They Don’t Sue Dog-Treat Companies, Do They?
- Discussion: The Product-Liability Debate
- Assignment: Your Dog Treats Made Fluffy Sick!
- Assignment: Who Is Suing Whom?
Chapter 6: Business Ethics and Corporate Social Responsibility
- Ethical and Legal Behavior
- Business Ethics
- Ethical Challenges
- Corporate Social Responsibility
- Discussion: It’s Not Stealing if You Pay For It, Is It?
- Discussion: Are They Simply Guidelines?
- Assignment: What They Don’t Know Won’t Hurt Me
- Assignment: Corporate Social Responsibility
Chapter 7: Business Ownership
- Choosing an Organizational Type
- Sole Proprietorships
- Partnerships
- Corporations
- Hybrid Forms of Ownership
- Franchises
- Mergers and Acquisitions
- Discussion: Business Structure Does Matter
- Discussion: Entrepreneurs and Business Ownership
- Assignment: Wanda’s Business-Ownership Options
- Assignment: Franchising—an Alternative to Start-up
Chapter 8: Entrepreneurship
- Small Business
- Entrepreneurs
- Starting a Small Business
- Steps of Starting a Business
- Business Plans
- Discussion: Wanda’s Entrepreneurial Spirit
- Discussion: Am I an Entrepreneur?
- Assignment: Dear Wanda’s Mom
- Assignment: Today’s Hottest Entrepreneurs
Chapter 9: Management
- Managers
- Management Theory
- Planning
- Organizing
- Leading
- Controlling
- Discussion: How Does Wanda Manage?
- Discussion: How Great Leaders Inspire Action
- Assignment: One Owner, Many Hats
- Assignment: Are Leaders Born or Made?
Chapter 10: Motivating Employees
- The Hawthorne Effect
- Need-Based Theories
- Process-Based Theories
- Theory X, Theory Y, and Theory Z
- Strategies for Motivating Employees
- Discussion: Why Isn’t Jamie More Motivated?
- Discussion: Motivate Me!
- Assignment: Motivating with Dog Treats?
- Assignment: What’s Empowerment Got to Do with It?
Chapter 11: Teamwork and Communication
- Teams
- Team Development and Success
- Effective Communication and Barriers
- Communication Channels, Flows, and Networks
- Electronic Communication
- Discussion: What You Heard Was Not What I Meant
- Discussion: The Ultimate Cost of Poor Communication
- Assignment: Teamwork at Salty Pawz
- Assignment: Multicultural Virtual Work Teams
Chapter 12: Managing Processes
- Operations Management
- Production Processes
- Mining, Warehousing, and Sharing Data
- Production Planning
- New Technologies
- Supply Chain Management and Logistics
- Quality Assurance
- Discussion: More Than Just Baking Treats
- Discussion: How Things Are Made
- Assignment: From Kitchen Baker to Operations Manager
- Assignment: The Malcolm Baldridge Award
Chapter 13: Marketing Function
- The Role of Customers
- Segmentation and Targeting
- Marketing Mix Introduction
- Discussion: Customer Value Perception
- Discussion: Black Friday and Cyber Monday
- Assignment: Customers and Marketing at Salty Pawz
- Assignment: Hit Your Target
Chapter 14: Marketing Mix
- Product Marketing
- Pricing Strategies
- Place: Distribution Channels
- Promotion: Integrated Marketing Communication (IMC)
- Discussion: The Four Ps of the Competition
- Discussion: Marketing Mix
- Assignment: I Can See the Four Ps of Marketing
- Assignment: The Four Ps of Gourmet Dog Treats
Chapter 15: Human Resource Management
- Human Resource Management
- Human Resources and Laws
- Recruitment and Hiring
- Training, Development, and Rewards
- Termination
- HR Challenges
- Discussion: People Won’t Work for Dog Treats!
- Discussion: Are Interviews a Waste of Time?
- Assignment: Wanda’s Hiring Approach, or How to Be Sued in One Easy Lesson
- Assignment: Career Choices
Chapter 16: Accounting and Finance
- Accounting in Business
- Key Financial Statements
- The Break-Even Point
- Financial Ratios
- Ethical Practices in Accounting
- Discussion: Cooking More Than Dog Treats
- Discussion: CPAs and Financial Crisis
- Assignment: Bison Are Biting into Wanda’s Break-Even Point
- Assignment: Claire’s Cuttery
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