Introduction to Business

Course Details

Course Number: 1033  Section Number: 101

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 101

Days & Times:

MW 9:00-10:20am

Course Attachments

Syllabus  Syllabus-Fall Semester 2010-20100907-215443.doc


MSU Faculty Member
Lawrence Petrash   
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Course Objectives

General Learning Goals:  

Understand the basic fundamentals of the business environment.Students will: 1) identify challenges businesses face today; 2) discuss key social and economic roles that business serve and 3) discuss the major economic roles of the U.S. government and differentiate between a free-market and planned economies. 


  • Develop ethical reasoning skills. Students will examine business ethics and social responsibility, detailing decision-making practices.  The student will be able to define ethical dilemmas and ethical lapses; hypothesize ethical arguments; investigate, compare and evaluate the arguments for each alternative.


  • Understand the influence of global and multicultural influences on the business environment.The student must be able to recognize and explain the environmental changes leading to the growth of international competition and free trade among nations.


General learning goals and represent the skill that graduates will carry with them into their careers.  While assessing student performance in obtaining these general learning goals, the Dillard College of Business Administration continuously assesses its programs.  These assessments are helpful in improving our curriculum and it’s delivery.  

 I like these for this class!

Course Expectations

Course Specific Learning Goals:  After completing this course, students should be able to:

Understand the scope of the business environment.

Understand the types and functions of various economic systems, defining the roles of supply and demand, competition, and government intervention in the economy.

Understand the role of the entrepreneur.

Understand the basic definitions and interaction of multiple business disciplines, i.e., economics, management, marketing, operations management, business legal principles and risk management.

Understand and evaluate the advantages and disadvantages of the different forms of business organizations.

Understand different leadership styles and motivational theories.

Understand the purpose, structure and functions of a comprehensive business plan.

Grading Standards

Grading and Evaluation:  Student performance will be assessed using the following elements:


            1). Exams (4):  Each exam will consist of multiple choice and true/false questions.  The cumulative

                 exam points will be divided by 4 to establish a base average grade.  Pop quizzes will be factored in  

                 after the average is established and will provide extra credit. Lectures and discussions are the

                 sources of the examination questions.  Absences on the date of the exam must be justified via a

                 University excuse.


            2). Pop Quizzes (4):  The average of the pop quizzes will be used as a basis to calculate a

                 participation grade.  They are for extra credit and will not detract from your major exam average.    

                 They can only help you via participation points based on what you earn.  However, they must be   

                 passed with a minimum grade of 60 to receive any credit.   If you miss a pop quiz, it cannot be made

                 up.  If you don’t pass any of the pop quizzes your grade will based solely on the average of your    

                 major  exam scores.  Pop quizzes evaluate your participation, i.e., your class attendance, reading   

                assigned chapters on a timely basis, and quantifying your preparation for class on a periodic basis. 


Exam points and pop quiz scores will be weighed in according to the following example:





Grades will be assigned using the following scheme. 

Exam I







Exam II






Less than 60

Exam III







Final Exam







Total Exam Points







Exam Scores:


EX I     80

EX II    68

EX III   88

EX IV   76

Total  312

Div by 4 = 78


Pop Quizzes (4).  Each quiz counts 25% of 4% or 1% for your participation grade.  They count as Extra Credit Only @ a total of up to 4% of pop quiz cumulative points added to cumulative exam points divided by 4 for a final average.





4 pop quizzes = 400 possible points


Quiz Scores:

qz I    60= 1%

qz II   60= 2%

qz III  60= 3%

qz IV  60= 4%

Cumulative points 240

.04 X 240 =


312 + 9.6 =

322 rounded

Divided by 4=

80 = Grade B






If only 3 Pop Quizzes taken or 75% of available quizzes taken = 3% of total cumulative points from pop quizzes= 180

.03 X 180 = 5.4 point

312 + 5.4 = 317.4

317.4 + 6.3 = 318 div 4 = 79.5 or 80 = Grade B


The grade ranges are firm.  For example, a 79 is a "C".  Thus you can assess the performance required prior to the final exam.  Semester grades will be reported through normal University channels with no exceptions.

 How do the earlier pop quizzes fit into the grading scheme?

Submission Format Policy

Note: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Late Paper Policy

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

 Attendance Policy:  100% Class Attendance is expected for this class.  Roll will be taken each class meeting. Do not miss class unless you are very sick, have a death in the family, or something similar to these major events. Class and/or exam make up must be approved by me.  Please do not leave class early.  Good prior planning should enable you to make doctors appointments, and other appointments, at times other than class time.  Should an exceptional need arise to leave early, please notify me ahead of time.  Poor attendance (four or more absences) will detract from your grade.  No extra credit may be earned if you have poor attendance.  Upon the fifth unexcused absence, you will be dropped for non-attendance and receive a grade of WF for the course.   See the MSU Student Handbook page 39-40 for University Class attendance policy.

Other Policies

Tardiness:  Students coming into the classroom late, or leaving early, is very disruptive to everyone. Please keep these activities to a minimum. Be on time (early) and plan to stay the entire class period.  Students who are not present when roll is checked will be counted absent for that class. If you must be late, come to class anyway.

Class Participation:   Be prepared.  Read the text material.  Please ask questions.  If you would like,  

            you may submit written questions to me and I will cover your question in class.  You will be expected to

            participate when called upon in class.  Students should always be prepared to answer questions.  Good

            participation in class is a sign of good preparation out of class.


            My pet peeve is students sleeping in class.  It will earn you a “0” in class participation.  A habit of   

            sleeping in class will be detrimental to your overall course grade. 


            Please note:  Food and beverages of any kind are not permitted in classrooms at any time.  Food and

            beverages may be consumed in the public areas.  This is a Dillard College of Business rule and is an

           effort to keep the Dillard Building beautiful.


            Please turn off all cell phones and put them away.  The use of computers during class is permitted for               

            note-taking only; use of the internet and “instant messaging” for any reason, during class, is not



            If I suspect you are “text messaging or instant messaging” during class you will be asked to leave the            

            classroom for the day.  Use of the internet during class will result in losing computer privileges in class.


            Please remove your hats or caps in the classroom.  These items are inappropriate in almost all

            indoor business situations.  Please do not ask “Did I miss anything important”, “Will I miss anything

            important”,  or “Will we get out early today?”  Do not pack up before class is over.


            I reserve the right to lower any student’s final grade up to two letter Grades (i.e., A to C, C to F) for:

         1) A negative, rude, unreasonably argumentative, or inattentive attitude in class, or

         2) Repeatedly disrupting the class for any reason (leaving class early; tardiness), or 

           3) General disrespect towards the instructor or for fellow classmates’ questions,   

                     opinions or any class presentations           

           Preparedness, for class and assignments, is expected of all students.  The indispensable and ethical  

           responsibility of a good instructor is to award students the grades they deserve on the basis of  

           academic performance with no regard to how deserving they may be based on other criteria.  While I

           am sympathetic to special problems of individual students, grades are determined solely by  

           performance of the student. If you need my help with course material, please do not hesitate to

           call me.


    Testing Policy:  Each student is responsible, on every pop test or major exam, for material covered in

             class, reading, or other work assigned outside of class.  This includes all assigned text material and all  

             lecture material unless the instructor specifically excludes particular items. 


            1.  Make-up for major exams will be given only if the student has been excused from the exam with   

                  “good reason” as determined solely by the instructor. You must make up a major exam before

                 returning to class.  No makeup will be allowed for missed pop quizzes.  The instructor shall  

                 determine what constitutes “good reason” and the make-up time for major exams.  If you are ill and  

                 cannot make it to class for the exam, please contact me prior to missing the exam, if at all possible. . 


 2.  Tests will consist of True/False and multiple choice questions.  You are required to furnish the

      Scantron Form No. 882 – E unless otherwise specified, for all exams.  In addition there may be  

      an occasional essay question, case study or other medium by which you will have an  

      opportunity to demonstrate, by practical application, your knowledge of what is learned in the



                  On each exam, you are asked to mark your answers on the exam, and then, transfer those   

                  answers to your Scantron form.  Incorrect scores on the Scantron form, due to erasures, will not  

                  be changed.  Please make sure of your answers before transferring them to the Scantron form.


Medical or Other Serious Problems: Please make the effort to advise me if you have difficulties   

             which require my attention to properly evaluate your classroom participation and activities.  Please    

             refer to Americans with Disabilities Act stated below.


Late Instructor:    I will make every effort to be in the classroom when the class is scheduled to begin.    

              In most cases, you will be notified in advance if class is not going to be held.  (This will be extremely

              rare). You are expected to wait at least 15 minutes for me before leaving the classroom.


Academic Integrity – With regard to academic honesty, students are referred to the “Student Honor  

              Creed” on p.19 of Midwestern State University Undergraduate Catalogue, Vol. LXXVIII.   

              Academic dishonesty (cheating, collusion, or plagiarism) is taken seriously and will be investigated.   

              The minimum penalty is an “F” in this course and referral to the Dean of Students for disciplinary  

              action, which may result in expulsion from the University.MidwesternState UniversityStudent Handbook – conflicts and questions not specifically addressed

             by this syllabus are governed by the student handbook.  Please make sure you have a copy and are

             familiar with its contents.


Missed Examination Policy:  Only students with authorized absences (see University Class

            Attendance Policy), as approved by the instructor, may make up missed examinations.  Students must

            make up a missed exam before they are allowed to return to class.  Pop quizzes may not be made up.


 Class communication:  Students must communicate with me directly.  I will provide course updates,

            readings, handouts, examination reviews, and other communication.  Please check with me for any  

            information regarding your grade.

 This is also in a later section.


Course Content and General Outline:

      Attached is a general outline of material expected to be covered in class.  Any changes will be announced  

       in class.  Material covered, and the approximate dates of tests will vary as necessitated by the pace in

       which material is covered.  You are responsible for all assigned text material whether or not it is covered in   



       There will be four (4) unannounced pop quizzes during the course.   Please make sure that you stay  

       ahead with your chapter assignments and that you review the terminology and review/discussion

       questions provided at the end of each chapter. Any pop quizzes, or extra assignments, will be used to  

       factor in a participation grade.  This will be at instructor discretion and will add extra credit points to your  

       grade, in addition to the exams.   Because the pop quizzes are for extra credit only, questions may come  

       from past material or one chapter ahead of lecture material.


      Due to privacy issues, grades will not be posted.  In most cases you will be notified of your grade during   

      our review of the exam.  The review will occur as soon as possible after the exam is taken.  I will be happy   

      to send you your grade via email provided you request it by writing your email address on each exam.   

      Should you have any questions regarding your grade, please see me after class or by appointment.


Americans with Disabilities Act:

      If a student has an established disability as defined in the Americans with Disabilities Act and would like   

      to request accommodation, that student should please see me as soon as possible (i.e., within the first two  

      weeks of the semester).  Refer to my office hours and phone number shown on page 1.  This class follows  

      the guidelines suggested by the Center for Counseling and Disabilities Services for those students who qualify

      for disability services.  See MidwesternState UniversityUndergraduate Catalog, Vol. LXXVIII.


Syllabus Change Policy:

      This syllabus is a guide for the course and is subject to change.  Any syllabus changes will be communicated   

       in class.


Additional Information:


      1). Grade Appeals: Any student who believes a grade has been inequitably awarded should first contact

            the instructor who awarded the grade to discuss the issue and attempt to resolve the differences.  A

            student has 30 days following the first day of the succeeding semester to file a written appeal with the

            dean of the instructor’s college in which the course was taught.  Refer to the Undergraduate Catalogue  

            for further details.  See the MSU Student Handbook for University policy on grade appeal. 


      2). Grade Changes: No grade except I (incomplete) may be removed from a student’s record once

            properly recorded.  Changes are not permitted after grades have been filed except to correct  

            documented clerical errors.  Requests for error correction must be initiated immediately after the close  

            of the semester for which the grade was recorded. 


      3). Awarding and Removal of I: I- incomplete; a non‑punitive grade given only during the last one‑fourth

           of a semester and only if a student (1) is passing the course; (2) has reason beyond the control of the  

           student why the work cannot be completed on schedule; and (3) arranges with the instructor to finish

           the course at a later date by completing specific requirements that the instructor must list on the grade  

           sheet.  A student may remove a grade of I within 30 days by completing the stipulated work


     4). Final Grades: I do not post final grades and interim grades.  The department staff does not give out

          grades. Do not call or stop by the department office to ask for grades.  Only a student’s instructor can

          release a student’s grade.


     5). General policies: Exam dates will be confirmed in class, another reason your class attendance is

          important. Those shown in this syllabus are approximate dates.  We will adhere to these dates as closely

          as possible.  The student is responsible to come to class prepared. Please feel free to contact the

          instructor as needed.  I want to see everyone do well in this course, but a big part of success depends

          on the student.  I view everyone as an "A" student until proven otherwise.  I expect on-time attendance,

          preparation, and participation. Your grade will reflect your effort. Students who have a good attitude and

          strive to meet these expectations will find me very supportive – I will do whatever I can to help students

          succeed, in this course, and beyond.


Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.