BA - Understanding Canadian Business
Understanding Canadian Business:
In this subject, students will delve into the latest business practices and emerging trends impacting the business landscape, including social enterprise, the gig economy, ethical consumerism, digital currencies, the living wage, and sustainability.
Knowledge Core Competency:
Upon completing this subject, students are expected to engage in discussions about the latest business practices and developments affecting the business environment.
Objectives:
- Discuss the distinctions between capitalism, socialism, and communism.
- Explain the significance of competing in global markets.
- Discuss the role of government and its impact on business.
- Emphasize the importance of ethical and legal management in business.
- Identify various forms of business ownership.
- Outline key steps in starting a small business.
- Examine the interrelationship of leadership, organization, and production to meet customer satisfaction.
- List key elements for motivating employees.
- Highlight the importance of effective human resource management skills.
- Discuss the significance of understanding accounting concepts and financial activities.
Skill Core Competency:
Upon completing this subject, students should be capable of applying the latest business practices to drive the enterprise toward profitability.
Objectives:
- Utilize current economic issues to inform business direction.
- Leverage global market statistics for local business development planning.
- Effectively align business strategies with government directives.
- Establish a business ownership model that meets stakeholders’ requirements.
- Apply effective leadership skills to maximize employee performance.
- Implement strategies for enhancing remote work productivity.
- Deploy marketing strategies to meet company sales expectations.
- Use accounting and financial information as valuable management tools.
By the end of this subject, students will have gained both theoretical knowledge and practical skills to navigate and thrive in the evolving landscape of contemporary business practices.