The information on this site is an archived previous calendar for the 2023-2024 academic year.
The current University Calendar is available at https://www.mun.ca/university-calendar/
13.4 Business
Enrolment in some Business courses is limited and first priority will be given to students registered in Grenfell Campus’s Business Administration programs.
Business courses are designated by BUSN.
BUSN 1010 Introduction to Business
provides students with an overview of business in the Canadian environment, with a focus on the economic and business systems, as well as major social, technological, and global trends. The course introduces students to fundamental concepts related to many functional areas of business, such as human resource management, marketing, production, operations management, accounting, and financial management. Emphasis is placed on relating the course material to current events in the business world, as well as helping students acquire critical and analytical thinking skills.
BUSN 1020 Introduction to Entrepreneurship
is designed to give students a broad understanding of the field of entrepreneurship and the role that entrepreneurship plays in innovation in society. Topics will include the nature and theories of entrepreneurship, the characteristics and behaviours of entrepreneurs, and the entrepreneurial process in small and large firms. Students will think and act in a creative manner, engage with local entrepreneurs, practice the entrepreneurial process, and evaluate their own entrepreneurial skill set. Students will learn entrepreneurial, technical and communication skills that will be useful in any organizational setting.
BUSN 2020 Business and Professional Communication
focuses on the development of written, oral, and visual communication skills for modern academic and professional environments. Students will learn the fundamentals of business research, analytical thinking, presentation design and delivery, academic and professional document creation, and effective writing. This course will introduce theoretical background and provide the opportunity for students to develop their expertise in teamwork, critical thinking, writing and presentation skills.
BUSN 2100 Financial Accounting I
introduces the concepts of financial accounting using the Canadian framework. Topics include the nature of accounting, the accounting cycle, and preparation of financial statements: balance sheet, income statement, statement of owner’s equity and statement of cash flow. Specific topics include accounting for assets as well as current and long-term liabilities in both service and merchandising operations.
BUSN 2110 Managerial Accounting I
introduces students to the concepts of preparing and using financial data for managerial decision making. Topics include job costing, process costing, activity-based costing, cost-volume-profit analysis, budgeting, and variance analysis.
BUSN 2200 Marketing I
introduces students to marketing strategy development, including a consideration of a firm’s marketing-specific goals, strengths, weaknesses, and opportunities, environmental and competitive analysis, marketing research, consumer behaviour, and market segmentation, targeting and positioning. Students will assess and develop marketing strategies and action plans that address strategic marketing challenges in these areas.
BUSN 2250 Marketing II
introduces students to practical decision making based on the concepts, analyses, and activities that comprise marketing tactics: product management, pricing considerations, promotional strategies, channels of distribution, customer relationship marketing, implementation, evaluation, and control.
BUSN 2300 Organizational Behaviour
highlights the contribution of the applied behavioural sciences to the study of work in today’s organizations with a particular focus on individual and group processes. Students will examine topics in personality, perception, motivation, communication, group dynamics, leadership, workforce diversity, conflict management and organizational culture.
BUSN 2310 Business Leadership
further develops concepts from Organizational Behaviour and provides students with an opportunity to explore various theories of leadership in the context of today’s business environment. Students will consider topics related to effective leadership and management that may include an examination of leader behaviour, attitudes and style, the role of self-awareness and emotional intelligence, communication style, followership, employee motivation and engagement, power and influence tactics, and ethics and social responsibility in decision making.
BUSN 3010 Organizational Theory
emphasizes the fundamental concepts of organizational theory: the nature of organizational structure and its determinants in a complex global economy, the boundaries and impacts of organizational environments, measures of organizational effectiveness, and the roles of organizational learning, culture, innovation, development and change in shaping today’s organizations. In addition to exploring the underlying theory of these organization-level phenomena, students will have an opportunity to critically apply course concepts to their own professional experiences.
BUSN 3030 Canadian Business Law I
introduces the student to the Canadian legal system and substantive areas of the law that are of particular relevance to the business setting. Topics include torts, negligence, contracts, legal structures for business formation, employment and property law. Emphasis will be placed on risk management. The course is taught through a variety of means used to improve the student’s critical thinking skills.
BUSN 3300 Human Resource Management
provides background in the theory and practice of human resource management (HRM) in modern organizations. Students will learn the fundamentals of traditional human resource functions that focus on forecasting, attracting, retaining, developing, evaluating, and compensating employees. Contemporary issues in HRM will also be considered.
BUSN 3410 Operations Management
teaches fundamental concepts regarding the nature, design and management of the operations function of organizations. Focus will be on capacity planning, forecasting, quality management, inventory management, and material requirements planning.
BUSN 3500 Financial Management I
introduces the concepts of financial management in Canadian capital markets. Focus will be on financial analysis and forecasting; working capital management; time value of money; and financing options.
BUSN 3600 Enterprise Development
explores and examines the venture creation process. Emphasis is on the critical role of the entrepreneur and the underlying attributes and norms guiding the steps in creating a new business venture. Students will have the opportunity to experience closely the entrepreneurial process, as well as gain the skills and competencies required in developing a viable business plan and negotiating for start-up financing.
BUSN 4010 Strategy I: Analysis and Planning
teaches students how to analyze and evaluate an organization’s corporate strategies from the perspective of organizational leadership. This first of two capstone course integrates and synthesizes knowledge acquired in the program and applies skills developed in all functional areas of business. Students work to identify, diagnose and recommend appropriate action for challenges faced in various types of business organizations. Conceptual frameworks, analytical tools and critical thinking are emphasized.
the former Business 4050, Business 5001 or the former Business 7000
BUSN 4040 International Business Management
focuses on issues of globalization and the role of business in the global economy. Topics include the role of multinational corporations in economic development, market entry strategies for small- and medium-sized enterprises, the challenges of managing economic, cultural, and technological changes and differences, the role of international investment and FDI, as well as international business strategies required to compete in today’s highly interconnected world. Students will gain the skills to function within the international and global business context.
BUSN 4070 Strategy II: Implementation and Change Management
examines current thinking and research regarding the implementation process and the strategic management of change. Specifically, the course will explore the development and implementation of appropriate strategic action plans in a variety of organizational contexts, the assessment of the change environment and the creation of a culture for change, as well as the role of change agents and organizational leaders in these processes.
BUSN 4010
BUSN 2060 Business Ethics
allows students to gain an understanding of the importance of ethics in everyday decision making in the professional environment. Students will explore their own ethical positions as they examine strategies for making ethical decisions. The course introduces students to ethical theories and frameworks and will help students develop the skills to anticipate, critically analyze, and appropriately respond to many types of ethical issues on both individual and organizational levels.
the former Business 2808
BUSN 2320 Workplace Skills
offers students an opportunity to explore knowledge and practice skills that will enable them to professionally navigate many of the challenges in the workplace environment. Class participation forms a significant part of this course, and substantial amounts of classroom time will be devoted to role plays, case studies and group discussion.
BUSN 2500 Personal Finance
introduces the essentials of individual financial management. Students will further develop an understanding and skills in areas such as basic personal income tax, financial security, saving and investing, the use of credit, insurance, investments, and borrowing.
BUSN 3060 Negotiation in Organizations
teaches students strategies and skills for negotiating with various stakeholders in a variety of workplace settings. Using current theory and research on negotiation, the course will focus on developing awareness and skills of the various aspects of the negotiation process. The course will include a practical component that will allow students to develop their negotiation skills.
BUSN 3100 Intermediate Accounting I
continues the study of financial accounting by focusing on specific topics such as current assets, long-term investments, capital assets, intangibles, financial assets and revenue recognition.
BUSN 3110 Intermediate Accounting II
continues the study of financial accounting by focusing on specific topics such as long term debt, employee future benefits, shareholders’ equity, and financial statement presentation and analysis.
BUSN 3120 Taxation I
is an introduction to the fundamentals and principles of the taxation system in Canada. Emphasis is placed upon the calculation of the tax liability of individuals and corporations.
BUSN 3150 Intermediate Managerial Accounting
is the study of in-depth managerial accounting concepts. This course will focus on topics such as budget preparation and analysis, cost management, cost analysis, pricing decisions, and performance management techniques.
BUSN 2110
BUSN 3220 Services Marketing
explores the distinctive nature and characteristics of services, the unique opportunities and challenges associated with the marketing of services, the role of service providers in determining service quality and its connection to customer satisfaction, and the distinctions and connections between tangibles and intangibles. In addition to considering how services marketing requires an alternative application of the traditional marketing mix, students will also examine how service marketing mix strategies vary in the context of for-profit and non-profit organizations.
BUSN 3230 Social Media Marketing
examines the relevance and importance of social media tools in a contemporary marketing environment. Students will learn to apply and adapt traditional marketing strategy and tactics in a social media context and will gain practical experience through the development of an integrated social media strategy.
BUSN 3240 Understanding Consumer Behaviour
considers the impact of consumer behaviour and the consumer decision making process on corporate and marketing strategy. Students will examine the complexity of concepts that influence the purchase, consumption, and post-purchase behaviours of individuals including culture, reference groups, self-image, perception, personality and lifestyle.
BUSN 3320 Labour Relations
introduces the structure and function of the Canadian labour relations system. Labour relations management in Canada is highlighted with emphasis on the players in the union environment, the collective bargaining process, the dispute resolution process and the overall administration of the collective agreement.
BUSN 3510 Financial Management II
continues the concepts of financial management in Canadian capital markets. Focus will be on asset management, capital budgeting, valuation, dividend policy and extension of long-term financing options.
BUSN 3610 Social Entrepreneurship
examines the research and practice of social entrepreneurship. The course introduces students to the theories and models of social entrepreneurship; students will also learn about the role and contribution of social entrepreneurship to society, define viable social enterprise concepts, and evaluate the characteristics of social entrepreneurs.
BUSN 1020
BUSN 3620 Franchising and Buying a Business
introduces students to the concept of franchising and buying an enterprise. Topics include the nature of franchising in Canada, the characteristics of the franchisee-franchisor agreement, legal considerations, as well as policies and strategies in successful franchising. Students will also learn the important factors involved in buying and selling an enterprise, the valuation models to assess the value of a business, as well as the negotiation dynamics in the buying and selling process.
the former Business 6500
BUSN 1020
BUSN 3630 Family Business Management
focuses on introducing students to the theory and practice of family business issues, such as understanding the difference between family business and other types of businesses and examining the role of family and non-family members involved in the business. Other topics include understanding the succession planning process, learning to resolve and manage conflicts, and exploring the challenges of multigenerational businesses.
BUSN 3750 Management Information Systems
examines planning, designing, and controlling information technology in a business environment. This course will be taught from both conceptual and practical perspectives. Topics include: types of systems; system security; enterprise resource planning; and database, spreadsheet and social media applications.
BUSN 3800-3850 Special Topics
is a range of special topics courses in Business.
BUSN 4020 Business Ethics and Corporate Social Responsibility
acknowledges the complexities of ethical and socially responsible workplace decision making given the pressures and inter-relationships among business, government, society and the environment. Students will explore topics such as the social-economic business system, business ideologies, business ethics, social responsibilities of business, stakeholder and issues management, and sustainability.
BUSN 4030 Canadian Business Law II
expands upon the topics covered in Canadian Business Law I. The substantive areas of law from BUSN 3030 are considered at a more advanced level; additional topics include landlord and tenant, leasing, insurance and guarantees, sale of goods, mortgages and real estate transactions, the regulation of business, and international business transactions. Critical analysis is emphasized in this course.
BUSN 4060 Managing Non-Profit Organizations
explores the management of non-profit organizations in Canada. Students will learn what distinguishes the non-profit sector from traditional descriptions of business and government, with particular emphasis given to organizational structure, funding, and culture. Topics considered may include organizational strategy and governance, managing paid and non-paid human resources, fundraising and financial management, marketing and communications, and accountability.
BUSN 4080 Business in Film
engages students to examine, reflect on and discuss the role of business and its evolution in society. Topics include business and its contribution to socio-economic and community development, the role of stakeholders, the nature of the corporation, the impact of change management and change agents, and trends in functional areas of business. This seminar uses a combination of popular films, as well as documentaries to highlight issues, challenges, and opportunities in business administration from both a practical and an academic point of view.
BUSN 4120 Taxation II
is a continuation in the study of the income tax system in Canada. Focus will be on tax planning for corporations and individuals, sales tax, succession and estate planning, partnerships, trusts, and deferred income plans.
BUSN 4130 External Auditing
introduces the theory and concepts of external auditing. Emphasis will be placed upon legal liability, materiality and risk, internal control, and audit evidence and strategy as well as the case studies of the audit of specific business processes.
BUSN 4210 Marketing Research
is designed to help students develop an understanding of the value of marketing research in strategic decision making. Students will become familiar with different methods and tools for collecting, analyzing, and interpreting data in a marketing research context.
Business 4221, the former Business 5220, the former Business 6200
BUSN 4220 Business-to-Business Marketing and Relationships
presents a comprehensive view of the complexities of business-to-business marketing concepts, and the critical role of developing and managing business relationships. Particular attention is paid to organizational buying/purchasing behavior, supplier relationship management, and the analysis of business relationships from both dyadic and network perspectives.
BUSN 4230 International Marketing
examines marketing in a global context with a particular focus on the strategic significance of the international dimension on marketing efforts. Students will explore various marketing challenges around global marketing opportunities such as exporting and direct entry strategies, contending in unfamiliar competitive environments, navigating complex social and cultural and political and legal environments, and adapting the marketing mix and activities to suit specific foreign market needs.
BUSN 4310 Recruitment and Selection
explores the role of recruitment and selection in the larger context of human resource management. Students will acquire the knowledge and skills needed to successfully design and implement strategic recruitment and selection initiatives in a variety of organizations. Topics may include the analysis of job requirements, legal considerations, selection criteria and methods, testing methods, interviewing techniques, and process evaluation.
BUSN 4510 Investments
is a study of capital markets and the financial services industry. Emphasis will be placed upon investment securities, risks, markets and mechanics, and portfolio management for personal and institutional investments.
BUSN 4610 Family Business Management
focuses on introducing students to the theory and practice of family business issues, such as understanding the difference between family business and other types of businesses and examining the role of family and non-family members involved in the business. Other topics include understanding the succession planning process, learning to resolve and manage conflicts, and exploring the challenges of multigenerational businesses.
BUSN 4660 Workplace Innovation
discusses how organizations can use innovation to create a sustainable and competitive business. The course explores how organizational creativity is developed and examines both the drivers and barriers to managing employees through this process. Emphasis will be placed on the role of leadership in developing and maintaining innovation and its use in stimulating organizational growth. The course will focus on product, process and service innovation and consider innovation in all aspects of the core business functions.
BUSN 4801-4850 Special Topics
is a range of special topics courses in Business.
BUSN 5010 Experiential Learning: Event Planning
allows students to gain important event management, organizational and communication skills through the planning of one or more events on campus and throughout the greater community.
BUSN 5020 Experiential Learning: Field Study
allows students to gain hands-on experience through one or more field studies. Students may work with organizations such as communities, associations or businesses in various settings across Newfoundland and Labrador. Field study opportunities may include, for example, working from the Bonne Bay Marine Station.
BUSN 5030 Experiential Learning: Internship
places students in a business setting and provides the student with opportunities to use their business skills in a real business environment.
BUSN 5040 Experiential Learning: Small Business Consulting
allows students to gain hands-on experience by working with small businesses. Student groups will be involved in such projects as business plan writing, market research, market strategies, strategic analysis or other business-related functions.
BUSN 5050 Experiential Learning: Student Leadership
allows students to gain leadership and project management skills to empower fellow students and the community at large by assuming senior roles in student driven programs such as Enactus Grenfell.
AR = Attendance requirement as noted. CH = Credit hours: unless otherwise noted, a course normally has a credit value of 3 credit hours. CO = Co-requisite(s): course(s) listed must be taken concurrently with or successfully completed prior to the course being described. CR = Credit restricted: The course being described and the course(s) listed are closely related but not equivalent. Credit is limited to one of these courses. Normally, these courses cannot be substituted, one for the other, to satisfy program requirements. EQ = Equivalent: the course being described and the course(s) listed are equal for credit determination. Credit is limited to one of these courses. These courses can be substituted, one for the other, to satisfy program requirements. |
LC = Lecture hours per week: lecture hours are 3 per week unless otherwise noted. LH = Laboratory hours per week. OR = Other requirements of the course such as tutorials, practical sessions, or seminars. PR = Prerequisite(s): course(s) listed must be successfully completed prior to commencing the course being described. UL = Usage limitation(s) as noted. |
The information on this site is an archived previous calendar for the 2023-2024 academic year.
The current University Calendar is available at https://www.mun.ca/university-calendar/
Copyright © 2023 Memorial University of Newfoundland.
Newfoundland and Labrador, Canada.
calendar.editor@mun.ca