Business Administration Narratives

Course

NARRATIVES

BU101

    BU101 meets PLO 1, PLO 4 and PLO 5 at I level. In all its SLOs, PLO 1 is introduced as foundation for the understanding of contemporary business functional areas of business is covered. PLO 5 is likewise introduced as business ethics and social responsibility, the global business environment and basic FSM business laws/regulations are also covered. PLO 4 is likewise introduced as individual writing activities using business concepts are done, and finally business plan writing which is a final project requirement will allow students to display their basic intercultural writing and speaking skills.

BU250

    BU250 meets PLO1. In this course students learn the tools and concepts of finance and its application to business. This course also meets PLO2 since it is related to accounting concepts. In this course they learn to apply what they learned in accounting in managing and decision making in businesses. BU250 meets PLO3 since a lot of the tools uses formula’s where students can apply what they learned in business math and statistics. Finally this course meets PL04 since students in this course make financial decisions using the formulas in making managements decision which is usually in essay form.

BU260

    The two SLOs of the course meet PLO I at I and IDM levels respectively. SLO I covers competency in management in an introductory aspect, while SLO 2 covers basic understanding of management functions such as planning, organizing, leading and controlling; and how successful managers effectively and efficiently use these functions and their business resources to achieve organizational objectives, which accomplishes PLO 1 at IDM levels.

BU270

BU270 meets PLO1 & PLO4 at I and D level. Student learns basic concepts of marketing such as consumer behavior, marketing research, and information systems, as well as product, place(distribution), promotion and price planning and demonstrate knowledge and understanding of the principles of marketing by preparing a simple marketing plan for a local business

BU271

    BU271 meets PLO4. Students in this course learn the laws regarding business transactions. Students do not only study the law regarding business transactions but adjust to ethical challenges confronting business in local and global perspective.

AC131

    AC131 meets PLO1 at the Introduce (I) level because it establishes the foundation for the understanding of the nature of accounting, basic accounting concepts and principles, and the complete accounting cycle for service and merchandising types of business operation. AC131 meets the PLO1 at the Demonstrate (D) and Master (M) levels because it will enable students to identify and use accounting forms (general and special journals, general and subsidiary ledgers, work sheet, etc.) and perform basic accounting functions including, but not limited to, recording and posting transactions, preparing a trial balance, a work sheet, and simple financial statements, with at least 70% level of accuracy.

AC220

    AC220 meets PLO1 at the Introduce (I), Demonstrate (D), and Master (M) levels because it describes in detail employee payroll accounting and requires students to identify, compute and record basic transactions affecting certain types of assets, liabilities, revenues and expenses, and prepare related year-end adjusting and reversing entries, as appropriate; and, to calculate and account for equity transactions in partnerships and in corporations. AC220 meets PLO5 at the Introduce (I) level because describes in detail the entire process of payroll accounting, including the computation of each component of net pay, accounting records used, and employer payroll taxes both in the USA and in the FSM.

AC250

    AC250 meets PLO1 at the Introduce (I), Demonstrate (D), and Master (M) levels because it identifies the kinds of accounting information the manager needs to carry out three essential functions of planning, controlling, and making decisions, and it enables the student to use cost accounting information to determine product costs for internal management and external financial reporting.
    AC 250 meets PLO5 at the Introduce (I) level because it helps the student to analyze the role of accounting in business situations and make informed, ethical decisions.

EC220

    EC220 meets PLO1. Students in this course learn economic concepts and understand how these concepts apply in businesses. In this course the professor also explains how economics is related to their other courses. This course also introduces PLO2. Some concepts in accounting like accounting cost, revenues, profit, are introduced in one of the chapters. Finally, EC220 meets PLO3. Most of the microeconomic models make use business mathematic and elementary statistic to interpret raw data collected from the market and businesses.

EC230

    EC230 meets PLO1. Students in this course study the economy as a whole. They learn how businesses work together to survive the world faced with the problem of scarcity. They also learn how businesses make their decision based on how they are affected by the economy as a whole. EC230 also introduces PLO2. Some of the concepts learned in their accounting subjects are used in National Income Accounting specifically in the computation of National Income Accounts. EC230 also meets PLO3. Just like in Microeconomics (EC220) students must use what they learned in business math, statistics, and algebra to solve for National Income Accounts, Growth Rates, Inflation Rates. They also learn how these values should be interpreted to useful information for business decision making.

BU/MS110

    PLO I, II and III are met by this course at levels I, I and IDM levels respectively. PLO I is introduced as skills in computations necessary for business management are done. PLO II is likewise covered in discussions about costs and managerial concepts. PLO III is covered in all levels by acquiring knowledge and skills in common computations found in the various functional areas of business

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