Business Administration and Policy

The course presents the conceptual framework upon which organizations are built and maintained.  Topics include analysis of policies to practices, policy management, policy formulation, and corporate governance.

UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:

• Defining the essential responsibilities of a general manager.
• Critiquing the process of formulating strategy and policy.
• Comparing policy and operational planning.
• Assessing the benefits and requirements for developing an effective managerial process, tactical, operational, and managerial approaches utilized in designing a company system.
• Evaluating relationship of social restraints and constraints to the policies and plans of organizations.
• Identifying top management’s requirements for effective policy development.
• Understanding the human tendencies and errors common to the planning process.
• Analyzing business administration and policy issues in case studies.
• Discussing the importance of and the foundation of corporate governance.
• Developing policies and procedures to support a specific organizational purpose and strategy.
• Formulating an integrated operational plan for a change within any organization.
• Delineating an effective process for corporate performance measurement and evaluation.
• Designing control techniques for managing compliance to policies and goals.
• Assessing the role of various types of budgets in implementing strategy.
• Understanding the importance of ethics programs in the overall success of the firm.