THIRD YEAR CERTIFICATE OF
ACHIEVEMENT IN GENERAL BUSINESS
Fulfillment
of A.S. degree requirements (minimum cumulative GPA-2.50; minimum grade of
C in business administration A.S. major
courses).
Program Learning Outcomes
Upon completion of the 3rd Year Certificate Program in General
Business, students will be able to:
1. Demonstrate an understanding of basic concepts in organizational
behavior, including things such as personality, individual differences, motivation,
leadership, conflict, communication, group dynamics, power and politics,
change, organizational structure, design and culture and cultural diversity by
explaining how these concepts relate to performance and job satisfaction in the
organization.
2. Demonstrate an understanding of the intricacies of marketing
planning and overall marketing strategy; the sequential nature of marketing and
the importance of monitoring mechanisms; and the scope of comprehensive
marketing in light of current technological developments.
3. Demonstrate an understanding of the concepts underlying corporate
financial decision-making - such as capital structure, capital budgeting,
short-term asset management, dividend policy, financial analysis, corporate
restructuring - and how these decisions affect other areas of the firm.
4. Demonstrate an understanding of the role of entrepreneurship and
small business in the (FSM)economy and show competence in basic business
planning and in identifying opportunities and challenges that entrepreneurs and
small business owners/managers face – both in FSM and in general - in trying to
achieve their business objectives.
5. Demonstrate basic knowledge of international business by
discussing its importance and explaining its theoretical foundations. The
student will also be expected to describe the international economic and
financial environment; the role of government, culture, politics and laws in
international business; and analyze issues in management, marketing, finance,
human resources, accounting and taxation.
6. Demonstrate an understanding of economic development issues faced
by least developed countries (LDCs) and options for development. Such issues
will include, among others, foreign aid to LDCs, unemployment, urbanization and
population growth, all with special emphasis on FSM.
7. Demonstrate an understanding of statistical methods of sampling
and estimating population statistics and competence in using computer software
to calculate point estimates and confidence intervals and use statistical
methods to test hypotheses, recognize trends and make forecasts to support
decisions in the business/economics environment.