2019-20 Undergraduate Academic Catalog

MGMT-3513 1-12 hours Entrepreneurship and Small Business Practicum –Fa, Sp This course will be a practicum for students to gain experience in a small business or entrepreneurial setting that is appropriate for their future goals. These experiences will be in the form of internships, shadowing entrepreneurs, working in a small business or entrepreneurial firm on significant projects or in significant roles, or consulting with these types of firms. Due to the dynamic nature of opportunities provided by small business people and entrepreneurs, it can be taken, with the permission of the lead professor, at any time. In addition, since each experience is unique, it can be taken more than once for up to 12 semester hours. Prerequisite: Permission of instructor. MGMT-3520 3 hours Production and Operations Management –Sp Introduction to the concepts, methodologies, and application of production and operations management. Designed to develop problem-solving and decision-making skills to apply in the operations and production areas of the firm. Designed to develop an appreciation for the interaction of operations management with the management systems of organizations and the processes associated with “lean” thinking necessary to create value for the customer. Prerequisites: ACCT-2120 Principles of Accounting II; BUS-2150 Statistics for Business; MGMT-3500 Principles of Organization and Management; or permission of instructor. (Fee: $50) MGMT-3530 Human Resources Management –Sp 3 hours An analysis of the principle functions, processes, and problems involved in the management of personnel policies; selection, training, promotion, compensation, and discharge of personnel; labor turnover, safety, health, and recreation. Prerequisite: MGMT- 3500 Principles of Organization and Management or permission of instructor. MGMT-3550 Organizational Behavior –Fa 3 hours A study of the impact of human behavior within and upon the organizational structure. Emphasis is given to behavior as it relates to employment, absenteeism, employee turnover, productivity, human performance, and management. Prerequisite: MGMT-3500 Principles of Organization and Management or permission of instructor. MGMT-3560 Project Management –Fa 3 hours This course will lay a foundation for an understanding of project management principles. It will examine principles, processes, and tools project managers have developed to effectively manage and lead projects. MGMT-3570 International Management –Sp 3 hours Focuses on the principles of management in a global economy. Exporting and foreign direct investment are analyzed from the multinational perspective. Strategy, organizational structure, and control techniques are developed in a world environment. Prerequisite: MGMT-3500 Principles of Organization and Management. MGMT-3580 3 hours Compensation and Benefits Management –Sp An introduction to the concepts, methodologies, and application of compensation and benefit programs within human resources. Designed to develop problem-solving and decision-making skills in the area of compensation and benefits. Students will also learn to develop “lean” thinking necessary to create value for stakeholders in organization through this human resources function. Prerequisites: MGMT-3500 Principles of Organization and Management; MGMT-3530 Human Resources Management; or permission of instructor. (odd years) MGMT-4510 Strategic Management –Fa, Sp 3 hours This capstone course requires the synthesis of the knowledge and skills gained through your previous business courses. Your group will complete a comprehensive situation analysis (SWOT), and then develop eight possible strategies for a publicly traded company–finally selecting one rationalized strategy, using an M&A tactic, and present to the class. Open only to seniors in business administration within 2 semesters of graduation. Must be taken at Cedarville University; transfer or transient credit for this course will generally not be accepted. Capstone course. Prerequisites: FIN-3710 Principles of Finance; MGMT-3500 Principles of Organization and Management; MRKT-3600 Principles of Marketing. (Fee:$50) MGMT-4520 Supply Chain Management –Fa 3 hours Introduces students to key concepts in supply chain design, planning, and operations. Typical content includes the supply chain strategic environment, designing appropriate networks, forecasting demand and supply, planning and managing inventories, sourcing and transporting products, supply chain coordination, and the impact of technology on supply chain management. Course methodology emphasizes application of concepts through case study, plant tours, and presentations. Prerequisites: BUS-2150 Statistics for Business; MGMT-3520 Production and Operations Management. (Fee: $50) MGMT-4530 Industrial Relations Management –Fa 3 hours The interplay between market forces and institutional rules that determine the employment relationship. Labor history, the effects of changing public policies, trade unions, and collective bargaining are viewed from various international perspectives. P rerequisites: MGMT-3500 Principles of Organization and Management. MGMT-4540 Service Operations Management –Fa 3 hours An introduction to the concepts, methodologies, and applications in service operations. Designed to develop problem- solving and decision-making skills to apply in service firms. Students will also learn to develop “lean” thinking necessary to create value for customers in the service sectors. Prerequisites ACCT-2120 Principles of Accounting II, BUS-2150 Statistics for Business, MGMT-3500 Principles of Organization and Management. (Fee: $25) (odd years) MGMT-4550 Applied Leadership –Fa, Sp 3 hours This is an advanced course about managing people and organizations in the 21st century. It is intended for seniors who will soon face the challenge of leadership and influence in the workplace, in business and other disciplines. This course will integrate and apply what students need to meet the leadership challenge. Prerequisite: MGMT-3500 Principles of Organizational Management; or permission of instructor. MGMT-4560 3 hours Organizational Change and Development –Sp This course focuses on the theories, concepts, processes, and tools of leading successful organizational change, as changes involve sensitivity to issues that arise at the individual, interpersonal, and institutional levels as well as building the organization’s capacity to both adapt to change and generate innovation. Prerequisite: MGMT-3500 Principles of Organization and Management or permission of instructor. MGMT-4570 Lean Operations Management –Sp 3 hours This course expands on critical topics in the field of operations management, including the operations management strategy and tools and contemporary topics such as “Lean” techniques, value- stream mapping, and Fundamentals of Six Sigma. Prerequisite: MGMT-3520 Production and Operations Management; or MGMT-4540 Service Operations Management; or permission of instructor. (Fee: $50) 2019–20 Undergraduate Academic Catalog Page 261 Course Descriptions MGMT-3513 – MGMT-4570 BUSINESS ADMINISTRATION