MMGT 123 Foundations of Business

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 (see parallel lab section).

Credits

3

Cross Listed Courses

MGT 123, MGT 123A, MGT 123B, MGT 123P, MGT 223

Prerequisite

Open to undergraduate students at the Tucson campus