BUSN115 Introduction to Business and Technology
Week 1 Discussion
DQ1 Not-for-Profit
Organizations
Read/review
the following resources for this activity:
Textbook:
Chapter 1
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
As Rice
(2018) notes, "the boundaries that formerly separated not-for-profit and
for-profit organizations have blurred, leading to a greater exchange of ideas
between the sectors" (p. 14). Choose a not-for-profit organization that
operates in your community or in your career field. Next, choose a for-profit
business that provides a similar service. Compare and contrast the mission of
both organizations. How does each organization use resources to achieve its
goal? Do the organizations benefit from any exchange of ideas?
Reference:
Rice
University (2018) Introduction to Business. Retrieved from
https://openstax.org/details/books/Introduction-to-Business
DQ2 Role of
Government in Business
Read/review
the following resources for this activity:
Textbook:
Chapter 1
Lesson
Minimum of
1 scholarly source
The government regulates business in many
ways. Businesses must get permission to operate in the form of licensing and
state and federal agencies work to provide protections.
Search in
the Chamberlain library for "role of government" and one of the
following protections.
Consumer
protection
Employee
protection
Environmental
protection
Investor
protection
Choose an
article that you find from your search. Summarize the article and discuss its
implications.
BUSN115 Introduction to Business and Technology
Week 2 Discussion
Global
Trade and Quality of Life
Read/review
the following resources for this activity:
Textbook:
Chapter 3
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
It has been
said that global trade improves the quality of life. Do you believe that this
is true? Are there examples of global trade lessening the quality of life in a
particular country or region? Does everyone benefit equally from global trade?
Why or why not?
Using
research, argue either for or against the statement that global trade improves
the quality of life.
BUSN115 Introduction to Business and Technology
Week 3 Discussion
DQ1 Entrepreneurship
Read/review
the following resources for this activity:
Textbook:
Chapter 5
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
Consider a
small business you want to create. In your post, address the following:
What type
of business would you create?
Conduct
some research on companies offering a similar product. What distinguishes you
from your competitors?
Name 2-3
risks you need to consider in your new venture? Consider the risk factors
similar companies may have encountered.
How could
you leverage e-commerce and social media to make your business profitable?
DQ2 Forms
of Business Ownership
Read/review
the following resources for this activity:
Textbook:
Chapter 4
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
Consider
the company/organization that you currently work for (or if you are not
currently working, a company/organization you would like to work for). What
type of ownership model does the company/organization use? Why do you think
this type of ownership model was chosen? What would be different in your
organization if a different ownership model were used?
BUSN115 Introduction to Business and Technology
Week 4 Discussion
Code of
Ethics
Read/review
the following resources for this activity:
Textbook:
Chapter 2
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
Developing
a code of ethics is a way for a company to share its core values and practice
ethical business. For example, the National Association for Healthcare Quality
has formulated a code of ethics that can be found at
https://nahq.org/about/code-of-ethics (Links to an external site.).
Think about
a company or organization you currently work for or do business with. Find the
code of ethics for the company or organization and post the link for the class.
Using the
code of ethics you found, give an example that you are familiar with in which the
company has stayed true to the code of ethics and demonstrated ethical business
practices.
BUSN115 Introduction to Business and Technology
Week 5 Discussion
DQ1 The
Role of Management
Read/review
the following resources for this activity:
Textbook: Chapter
6
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
The four
key functions of the managerial process are planning, leading, organizing, and
controlling.
Think about
your current or former manager. Give a specific example of how your manager
fulfills each role within your organization.
In your
opinion, which of the four activities is most important for a manager? Why?
DQ2 Leadership
Styles
Read/review
the following resources for this activity:
Textbook:
Chapter 7
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
Leadership
styles can be broken into different categories such as participatory vs.
autocratic or transformational vs. transactional. Choose two leadership styles
from the textbook and lesson. Using your own research and the information you
have learned this week, compare and contrast the leadership styles. Include
your own opinion of which leadership style would be best for your current or
former workplace with a justification for that leadership style choice.
BUSN115 Introduction to Business and Technology
Week 6 Discussion
Theories of
Motivation
Read/review
the following resources for this activity:
Textbook:
Chapters 8 and 9
Lesson
Minimum of
1 scholarly source
Initial
Post Instructions
There are
many theories in relation to motivation - Taylor's scientific management,
Maslow's Hierarchy of Needs, Herzberg's two factor motivation, McGregor's
Theory X and Y, Ouchi's Theory Z, etc. Choose one theory from the textbook or
lesson reading. Find an article in the Chamberlain library that applies that
theory to nursing or healthcare in general. Discuss how the theory is still
applicable to motivational situations in the workforce.
BUSN115 Introduction to Business and Technology
Week 7 Discussion
Marketing
your business
Read/review
the following resources for this activity:
Textbook:
Chapters 11 and 12
Lesson
Week Three
discussion response
Minimum of
1 scholarly source
Initial
Post Instructions
Think back
to the business you proposed in week three's discussion about entrepreneurship.
Briefly propose a marketing strategy for your business. Consider the following
questions.
Who is your
target market?
What is
your competitive advantage?
How will
you use the five elements of the marketing mix: product, price, place,
promotion and people?
BUSN115 Introduction to Business and Technology
Week 8 Discussion
Balance
Sheets
Read/review
the following resources for this activity:
Textbook:
Chapter 14
Lesson
https://www.sec.gov/edgar/searchedgar/companysearch.html
Minimum of
1 scholarly source
Initial
Post Instructions
As
discussed in Chapter 14, the balance sheet of a company can give us a snapshot
of the financial health of a company at a given time. For this discussion, you
will find the balance sheet of a company of your choosing. Then you will use
that balance sheet to evaluate the company's financial health.
Go to
https://www.sec.gov/edgar/searchedgar/companysearch.html and type in a company
you would like to research. Find the company's most recent quarterly report and
click on "interactive data". In the left-hand navigation choose,
balance sheet.
Take a
screenshot of the balance sheet or put the balance sheet into a word document
to share with the class.
Using
information you learned in the textbook, what observations can you make about
the company's financial health given the balance sheet?
BUSN115 Introduction to Business and Technology
Week 2 Assignment
Trade Agreements and the Healthcare Industry
Read/review
the following resources for this activity:
Textbook:
Chapter 3
Lesson.
Minimum of
2 scholarly sources
Instructions
The various
trade organizations and agreements discussed in the textbook and lessons affect
a variety of industries, including healthcare. Choose an aspect of healthcare
you would like to research. Some example might include medical devices,
information technology, pharmaceuticals, public health, etc. Find at least two
articles in the Chamberlain library that discuss your research topic and the
effect of at least one global trade organization/agreement.
Write a 1.5
- 2 page essay explaining how the global marketplace affects your chosen topic.
Your essay should include a summary of the trade agreement or organization
chosen as well as the affects (both positive and negative) that
agreement/organization has had on your given topic.
BUSN115 Introduction to Business and Technology
Week 4 Assignment
Ethics in Business
Read/review
the following resources for this activity:
Textbook: Chapter
2
Lesson
Minimum of
1 newspaper article
Instructions
Find a
newspaper article that discusses one of the unethical business practices listed
on pages 62 - 63 of the OpenStax book.
Summarize
the unethical business practices discussed in the article you chose
Discuss at
least two changes you would make to this company's practice to follow more
ethical business practices.
Discuss how
your policy change would align with one of the following concepts: justice,
utilitarianism, deontology, or individual rights.
BUSN115 Introduction to Business and Technology
Week 6 Assignment
Motivational Strategies
Read/review
the following resources for this activity:
Textbook:
Chapters 8 and 9
Lesson
Minimum of
1 scholarly source
Instructions
Issues with
morale at the workplace are common in many industries. Often, these problems
can be overcome by managers employing a specific motivational strategy to help
improve morale.
Find an
example of a workplace suffering from motivational issues (either a personal
example or a case study that you research). Determine the best motivational
strategy to apply to the problem. The paper should be written in essay form but
should answer at minimum the following questions.
What is the
specific problem affecting workplace morale?
What specific
motivational strategy can be used to solve the problem?
Why is this
the best motivational strategy to use in this situation?
BUSN115 Introduction to Business and Technology
Week 7 Assignment
Evaluating the Marketing Mix
Read/review
the following resources for this activity:
Textbook:
Chapters 11 and 12
Lesson
Minimum of
1 scholarly source
Instructions
In this
assignment, you will evaluate the marketing mix of a company of your choice.
Choose any
company that operates in your local area. Do some research on the marketing
strategy of that company. Evaluate the company's marketing mix.
Your paper
should begin by discussing the target market and competitive advantage of the
chosen company. Then, your paper should have both a description AND an
evaluation of the marketing strategy in each of four areas:
Product
strategy
Pricing
strategy
Place
(distribution) strategy
Promotion
strategy
BUSN115 Introduction to Business and Technology
Week 8 Assignment
Final Exam
Question 1 (CO
1) One external factor affecting business is political. Give two reasons why
political factors can influence business and give specific, current, relevant
examples of each reason.
Question 2 (CO
2) The WTO is an organization that affects the global marketplace. Explain what
the WTO is and give an example of how the WTO affects the global marketplace.
Question 3 (CO
3) Pete Yankin and Ken Lowery consider themselves to be experts on hunting in
the mountains in North Carolina. As a
result, the two men established a company that markets hunting expeditions. Yankin and Lowery share responsibilities for
booking the trips, gathering supplies, and guiding groups of five to seven
hunters into locations where they can hunt for deer and bear. The two will share any profit equally. What
type of business ownership is represented here? What are two risks and two
benefits in this type of business? Why is this the best business model in these
circumstances?
Question 4 (CO
8) What is a code of ethics? Why is it important for a company to have a code
of ethics?
Question 5 (CO
4) Compare and contrast participative leadership and free-rein leadership. Give
specific examples of each.
Question 6 (CO
5) What is the expectancy theory of motivation? Give a specific example.
Question 7 (CO
6) Identifying a target market is the first step of any marketing strategy.
What is a target market? Give a specific example of a target market for a
specific product or service.
Question 8
1. Amgen Income
Statement 09.30.18
Condensed Consolidated Statements
of Income - USD ($)
shares in Millions, $ in Millions
|
3 Months Ended
|
9 Months Ended
|
Sep. 30, 2018
|
Sep. 30, 2017
|
Sep. 30, 2018
|
Sep. 30, 2017
|
Revenues:
|
|
|
|
|
Total revenues
|
$ 5,904
|
$ 5,773
|
$ 17,517
|
$ 17,047
|
Operating expenses:
|
|
|
|
|
Cost of sales
|
1,037
|
990
|
3,005
|
3,010
|
Research and development
|
926
|
877
|
2,555
|
2,519
|
Selling, general and administrative
|
1,293
|
1,170
|
3,773
|
3,443
|
Other
|
325
|
297
|
303
|
347
|
Total operating expenses
|
3,581
|
3,334
|
9,636
|
9,319
|
Operating income
|
2,323
|
2,439
|
7,881
|
7,728
|
Interest expense, net
|
355
|
325
|
1,040
|
972
|
Interest and other income, net
|
126
|
267
|
519
|
627
|
Income before income taxes
|
2,094
|
2,381
|
7,360
|
7,383
|
Provision for income taxes
|
235
|
360
|
894
|
1,140
|
Net income
|
$ 1,859
|
$ 2,021
|
$ 6,466
|
$ 6,243
|
Earnings per share:
|
|
|
|
|
Basic (in usd per share)
|
$ 2.88
|
$ 2.78
|
$ 9.67
|
$ 8.52
|
Diluted (in usd per share)
|
$ 2.86
|
$ 2.76
|
$ 9.61
|
$ 8.46
|
Shares used in calculation of
earnings per share:
|
|
|
|
|
Basic (in shares)
|
645
|
728
|
669
|
733
|
Diluted (in shares)
|
649
|
733
|
673
|
738
|
Dividends paid per share (in usd
per share)
|
$ 1.32
|
$ 1.15
|
$ 3.96
|
$ 3.45
|
Product sales [Member]
|
|
|
|
|
Revenues:
|
|
|
|
|
Product sales
|
$ 5,510
|
$ 5,453
|
$ 16,532
|
$ 16,226
|
Other revenues [Member]
|
|
|
|
|
Revenues:
|
|
|
|
|
Total revenues
|
$ 394
|
$ 320
|
$ 985
|
$ 821
|
Using the
balance sheet above, answer the following questions:
1. Did the company show growth or decline?
2. What in the income statement might
indicate growth or decline? Give a specific example.
3. If you were an investor in this company,
would you consider this a successful quarter? Why or why not?