Academic Bulletin 2020-2021 
    
    Sep 25, 2022  
Academic Bulletin 2020-2021 [ARCHIVED CATALOG]

Business


Professors Onyeiwu (Chair), Allison, Baskan, Bender, Bianco, Chakraborty, C. Finaret, Golden, Martin, Michaelides, Nonnenmacher, Ormiston, Rancati, Waugh

Business is the study of how organizations, workers, society, and resources can be efficiently managed to achieve certain goals.  It is a multifaceted discipline that applies the principles of economics, quantitative techniques and organizational behavior to the study of decision-making and problem-solving in organizations. It focuses on how managers of profit and nonprofit organizations seek to maximize their objectives in the presence of resources, societal, and regulatory constraints. Core areas of Business include the study of the financial, managerial, accounting, human resource, marketing, and entrepreneurial functions of organizations. Another area of focus is the study of the nature of competition in various sectors of the economy, as well as how firms and organizations position themselves amidst intense competition in local and global markets. The field has also embraced the concept of sustainability, the notion that organizations should strive to maximize their primary objectives, while also living up to their social, ethical, environmental and civic responsibilities.

 

Note: Students who major in Business may not double-major in Economics or minor in Economics.

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