Course Title:
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Course Materials:
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Business and Its Environment
Edition: 5th
Publisher: Pearson Education
Author: Baron
ISBN: 0-13-187355-5
Supplemental Readings:
Articles from reputable newspapers, magazines, and professional journals on current topics on business and government relations. Sample of recommended sources include:
- Newspapers: Washington Post, New York Times, Wall Street Journal, Financial Times.
- Magazines: Business Week, Forbes, Fortune, Economist.
- Professional Journals: Journal of Business Ethics, Columbia Journal of World Business, Harvard Business Review, Journal of Policy Analysis and Management.
Also, supplementary readings to complement the text may be provided by the instructor. | |
Course Description:
| (Fulfills the international perspective or civic responsibility requirement.) Prerequisites: BMGT 110 (or at least two years of business and management experience) and ECON 201 (or ECON 203), or equivalent. A study of the role of government in the modern economy and the intricate relationships between the public and private sectors. Emphasis is on the regulatory and public policy dimensions of government intervention, the promotion of business, and corporate responses to government action in the changing domestic and global marketplaces. Students may receive credit for only one of the following courses: BMGT 482 or TMGT 340. | |
Course Goals/Objectives:
After completing this course, you should be able to:
* Identify and define relevant theories and concepts and explain their application to business and government relations in the domestic and global environments.
* Demonstrate an understanding of government, its organizations, institutions, instrumentalities, and their relationships to business and the economy at both the domestic and global levels.
* Identify important regulatory policy issues and assess their impact in context of the functional, historical, political, economic, legal, ethical and strategic dimensions of business and government relations in the domestic and global environments.
* Apply critical thinking, analytic, communication and team building skills through group assignments, case analysis, problem solving, research, presentations and discussions.
* Develop applicable skills and knowledge in the relevant cross curricular initiatives including effective writing, information literacy, globalization, computerization, historical perspective, and civic responsibility. | |
Course Introduction:
This course is designed to enhance your knowledge and understanding of the interactions between government and business in the domestic and global environments. It introduces you to a broad array of information and develops relevant skills encompassing globalization, regulatory policy issues, and corporate strategies in context of the functional aspects of business by incorporating unique instructional methodologies that combine theory with real life case examples of practical application and significance.
BMGT 482: Business and Government consists of the following modules:
Module 1: Introduction to Business and Government
Module 2: Management Aspects of Business and Government
Module 3: Marketing Dimensions of Business and Government
Module 4: Financial Aspects of Business and Government
Module 5: Global Dimensions of Business and Government
Module 6: Strategic Aspects of Business and Government | |
Grading Information and Criteria:
Midterm Exam: 30%
Final Exam: 30%
Written Assignments: 25%
*Other: 15%
Total: 100%
*Includes participation, assignments such as case analyses, current events, problem solving answers, quizzes and projects.
Grading Scale:
A = 90-100%
B = 80-89%
C = 70-79%
D = 60-69%
F below 60% | |
Other Information:
Written Assignments
* Students are required to do either (A) a research paper or (B) case analyses or (C) article critique, reaction paper or book review at the discretion of the instructor.
* In addition to the above, students may be required to complete three current event summaries relating to a business and government issue. The summary should include a brief statement of the facts, demonstrate an understanding of the relationship between the article and textual information and your opinion of how the particular event or issue would impact the conduct of business. The summary should be no more than one page, single-spaced.
* All written assignments must conform to the appropriate elements of documentation and style found in the Manual for Writers by Kate L. Turabian or other equivalent manuals of style.
Student Requirements
Participation: By registering for this course, you have made a commitment to participate regularly and constructively in course assignments and activities as warranted by the instructional medium. You are expected to conduct yourself professionally and adhere to the general rules of academic etiquette, decency, integrity and respect, subject to the expectations of the relevant learning modality and university policy. You may wish to note that participation counts towards your final grade, which will be determined by the quality, analytic depth, timeliness and responsiveness to all assignments, activities and discussions.
Preparation: Read and study the assigned text and other related materials ahead of time. Prepare critical questions and answers on reading assignments for class discussion.
Assignments: Submit assignments on time. Points will be deducted for late submission unless otherwise indicated. You are responsible for keeping copies of all your work, including graded examinations and assignments, and you must be able to produce them if needed.
Cooperation: Cooperate with your group members and work as a team on assigned projects. Also, cooperate to enhance the learning environment and utilize the appropriate technology and medium to communicate on a regular basis with other students and the instructor.
Research: Conduct research in a timely and professional manner in accordance with the defined expectations.
Examinations: Examinations may include a combination of comprehensive essays and multiple choice questions. Response to comprehensive essay questions should include the following:
o Demonstrated ability to integrate knowledge of the literature based
on assigned readings, course communications, and instruction.
o Logical coherence, sequential flow, and critical analysis and
response to the question in essay form.
o Grammatically correct answers, proper sentence and paragraph construction.
* Scheduled examinations: Take all examinations on the scheduled date and in accordance with stated requirements, policies or procedures.
* There will be no make-up exams except in cases of unavoidable circumstances which must be verified, and comply with university policy.
* Incomplete: No Incomplete(s) will be given except in cases of bona fide emergencies and with completion of a substantial amount of the course requirements as demonstrated by regular and satisfactory class performance and in accordance with university policy | |
Project Descriptions:
Written and other assignments will be evaluated according to the following standards:
Term Paper
* A well-defined thesis including the purpose, assumption, or hypothesis of your research.
* Differentiation of your paper/project from any current research.
* Logical integration of information to support or disprove your thesis.
* Organizational consistency, orderly flow, relevancy, and effectiveness of sequential ideas and paragraphs to your central theme. Grammatically correct construction and correct spelling and punctuation.
* Timeliness and scope of research. Submit, on the due date, a thoroughly researched term paper with a minimum of ten pages, unless otherwise indicated by the instructor. Your topic must deal with a current aspect of the course, and an initial outline of your research must be submitted to your instructor for his or her prior approval. Your submission should include the following:
- topic of your choice
- thesis statement
- sample outline and bibliography of references, including articles from professional journals, preferably in the discipline.
* The caliber, quality, and depth of research will be judged in part according to the nature of the subject matter and the bibliographic documentation including, particularly, the use of articles from professional journals, preferably in the discipline.
* The paper should conform to the standards of formatting and documentation, including proper citations and references found in the Manual for Writers by Kate L. Turabian or other equivalent manuals of style. The final paper must:
- be typed, double spaced, in 12-point Times New Roman or Arial fonts with margins no wider than one inch
- have footnotes or endnotes with correct citations
- have a bibliography of sources used
- include, for each entry, the author, title, city and state of publisher, publisher's name, year, and page numbers
Case Analysis
* Ability to succinctly state the facts of the case, identify the substantive problem and apply theoretical knowledge to provide strategic solutions.
* Specificity and relevance of various alternatives, including a thorough analysis based on the advantages and disadvantages of each alternative.
* Logically rational and creative recommendations analyzing the best alternative solution you have selected and your strategic implementation and evaluation plans.
* You may be required to do at least three cases of a substantial nature providing succinctly written analysis with a minimum of five pages double spaced incorporating the above elements.
Article Critique, Reaction Paper, Book Review
The following guidelines should form the basis of this assignment:
* Demonstrated ability to think and express one's self critically.
* Identification and synopsis of key points expressed in a succinct and substantive manner.
* Integration of your criticisms referencing the author or reading in context and explaining your analytic views from a pros and cons perspective, identifying salient strengths and weaknesses.
* The sequential organization, synthesis, analysis of the information and the logical coherence and persuasiveness of your argument.
* The ability to raise critical questions and provide rational and well thought out alternative points of views. | |
Academic Policies:
Cases of plagiarism are handled consistent with current UMUC guidelines.
See the UMUC policies at the following URL:
http://www.umuc.edu/policy/ | |
Course Schedule:
Note: The Course Schedule comprises chapter assignments for the duration of the semester/term. Other assignments, including cases, problems, exercises, etc. will be assigned during the course. This schedule is only a guide and may vary at times, depending on the circumstances. Modification: Please note that the instructor has the right to modify this course schedule and syllabus with prior notice to the students. You will be responsible for all amended changes.
Session/Module Assignment(s)/Due Date
1/I Introduction to Business and Government Relations
Framework of Analysis
Chapter Readings: End of Session 1
2/I Government Regulation of Business
Chapter Readings: End of Session 2
3/II Management Aspects of Business and Government
Equal Employment Opportunity
Government and The Workplace
Chapter Readings: End of Session 3
4/II Protecting the Environment
Chapter Readings: End of Session 4
5/III Marketing Dimensions of Business and Government
Government as a Market
Economic Regulation of Business
Chapter Readings: End of Session 5
6/III Economic Deregulation
Business and the Consumer
Chapter Readings: End of Session 6
7/I, II & III Midterm Examination, End of Session 7
8/IV Financial Aspects of Business and Government
Government Credits and Bailouts
Chapter Readings: End of Session 8
9/IV Business and Tax Policy
Chapter Readings: End of Session 9
10/V Global Dimensions of Business and Government
Business, Government and Globalization
Government and International Commerce
Chapter Readings: End of Session 10
11/V Global Geopolitics of Energy
Terrorism and Business
Chapter Readings: End of Session 11
12/VI Strategic Aspects of Business and Government
Business-Government Relations
Issue Management and Business Strategy
Chapter Readings
Research Paper Due, End of Session 12
13/VI Business Participation in Politics
Chapter Readings
14/VI Reforming Government Regulation
Chapter Readings
15 Presentation of Papers
Review
16/IV, V, VI Final Exam | |
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