MGMT 425 - Business Analysis

Credits: 5
Learn techniques for analyzing business opportunities, improving processes, and making rational decisions that maximize value and limit risk. Topic include value stream mapping, structured analysis techniques such as linear programming and sensitivity analysis, and foundations for sound decision-making.

Enrollment Requirement: Admission into the BAS in Applied Management program; and BUS& 101; and ENGL& 101; and MGMT 345, 385 and 395; or instructor consent.

Course Outcomes:
Students who successfully complete this class will be able to:

Construct a value stream map of an organization’s processes.
Contrast methods of structured analysis for decision making.
Use linear programming to determine the optimal sales mix.
Develop a sensitivity analysis for a given business scenario.
Outline the foundations for sound decision making.

Program Outcomes

Formulate effective business strategies by conducting thorough analysis of a given market and business environment.
Analyze quantitative and qualitative data to effectively and efficiently resolve business problems.
Analyze financial data to explain organizational performance and identify business opportunities in a given market.
Apply organizational behavior principles and human resources management practices to formulate a plan to effectively hire, retain, and develop a workforce.
Plan and implement marketing and sales strategies to maximize long-term profitability of a firm.
Construct operations and project plans that efficiently and effectively leverage organizational resources.
Formulate strategies to increase ethical behavior and socially responsible decision making within an organization.

College-wide Outcomes

Critical Thinking - Critical thinking finds expression in all disciplines and everyday life. It is characterized by an ability to reflect upon thinking patterns, including the role of emotions on thoughts, and to rigorously assess the quality of thought through its work products. Critical thinkers routinely evaluate thinking processes and alter them, as necessary, to facilitate an improvement in their thinking and potentially foster certain dispositions or intellectual traits over time.
Quantitative and Symbolic Reasoning - Quantitative Reasoning encompasses abilities necessary for a student to become literate in today’s technological world. Quantitative reasoning begins with basic skills and extends to problem solving.