MGT 123B Foundations of Business
Offered in Fall & Spring semesters. This course provides a comprehensive introduction to the fundamentals of strategy, management, and operations in a business organization. Topics include: foundational concepts in organization theory (division of labor and job specialization, agency costs, economies of scale, value chains, integration and competitive advantage); the history of management thought; business ethics; incentives and motives; corporate strategy, culture, organization & governance; managerial decision making; industry dynamics; business operations, performance & control; human resources; leadership; and teamwork. Special emphasis is paid to the mental models (ethical, economic and behavioral) critical for managerial decision making. Includes a freshman-cohort-wide series of master classes on special topics in business taught by leading experts in the field.
Cross Listed Courses
MGT 123, MGT 123A, MGT 123B, MGT 123P, MGT 223
Prerequisite
open to majors and minors in the School of Business with sophomore or higher class standing