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Course Outline-fall 2102(1).doc

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Administrative Studies
Course Code
ADMS 1500
Paul Evans

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ADMS 1000 COURSE OUTLINE INTRODUCTION TO ADMINISTRATIVE STUDIES: THE CONTEXT OF BUSINESS Fall, 2012 Course Director: Peter Modir Email Contact: [email protected] Phone Contact: 416-736-2100 Website Access through: COURSE DESCRIPTION This course offers an examination of the external context of business and the challenges of managing in the Canadian business environment. Our exploration of the external context of business includes consideration of such key areas as economic, competitive, labour, technological, societal, global, and political issues. The broad aim is to provide insight into current challenges and opportunities that play a dramatic role in the business landscape and affect business strategy. COURSE GOALS 1. To identify the key factors which comprise the external environment of business. 2. To understand the potential impact of these external factors on business. 3. To obtain a better understanding of the challenges and opportunities present in the Canadian business context. 4. To encourage critical thinking regarding the external challenges that must be addressed as part of successful business strategy. Prerequisite: None REQUIRED TEXT Karakowsky, L. (2011). Exploring The Canadian Business Environment. Pearson: Toronto COURSE CONTENT AND SCHEDULE SESSION 1: The Context of Business: A Framework Learning Goal: To consider why the most logical starting point to undertaking studies in business is to look “outside” the walls of business and see the bigger picture. We will identify and examine the major external contexts within which all businesses operate. Reading: Chapter 1 Case: p.23-24, Facebook and the Business Context SESSION 2: Economic Context Learning Goal: To obtain an overview of the economic issues influencing the nature of business activity. This will include an introduction to key economic indicators and the nature of the Canadian market economy. Reading: Chapter 2 Case: p.41-42 Canadian Economy Lures Target SESSION 3: Societal Context & Labour Context Learning Goal: To recognize the nature of business’s role in society. We identify the notion of corporate social responsibility and examine its nature and significance. We also consider corporate responsibilities toward employee stakeholders and examine the role and impact of unions. Reading: Chapter 8, pages 174-187; Chapter 5, pages 89-103. Case: p.196-197 Talisman in the Societal Context. SESSION 4: Competitive Context & Technological Context Learning Goal: To develop an understanding of industry life cycles and competitive behaviour. We will consider the stages through which all industries pass and identify the implications of each of these stages on competition. We will also examine how technology can impact industry evolution. Reading: Chapter 3, pages 43-56; Chapter 4, pages 65-70. Case: p.63-64 TBA SESSION 5: REVIEW FOR MIDTERM EXAM SESSION 6 MIDTERM EXAM: (Date and Location TBA, 2.5 hours) SESSION 7: Global Context I Learning Goal: To address the significance of globalization for business in Canada, as well as in other parts of the world. We will identify the forces driving globalization and consider major actors in this phenomenon such as multinational corporations. The implications of foreign ownership and trade will also be addressed. Reading: Chapter 6, pages 107-125. Case: no case assigned. SESSION 8: Global Context II Learning Goal: Our exploration of globalization continues with a consideration of the role and impact of trade on Canadian business. W
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