BU111 Study Guide - Midterm Guide: Aiesec, Bachelor Of Business Administration, Profit Motive

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Published on 16 Oct 2011
School
WLU
Department
Business
Course
BU111
First Lab Preparation
- For first lab read “What is a case” in the lab manual
- Read the Joe McBrine Case
- Be prepared to discuss the case using the format outlined in the “What is a Case”
reading”
- Good idea to jot down some of your thoughts down on paper to facilitate
discussion.
Posting of Powerpoint Slides
- Always posts his slides immediately after my last lecture of the day (after
5:30pm on the day of class)
- Forces you to take good lecture notes in class as opposed to just simply
looking over the slides.
- No need to recopy slides. Everything on slide will be given.
- Expands on bullets and have to take notes on his elaborated notes
- Detailed notes > bulleted points
- All examination questions will be based on things that we have discussed in
lectures or problem sessions in labs.
- Lecture Note summaries are provided at the beginning of every class, copy
them down in order to be prepared for exams.
AIESEC Laurier Wednesday, Thursday, and Monday at 7pm
BU 111 Notes
What is Business?
- The sum total of all activities involved in the creation and distribution of
goods and services for private profit.
Primary Activities
- Creation referred to as production in the past, but now referred to as
operations.
- Distribution - getting the product into the hands of the consumers.
- Distribution get it to the end user through marketing and other activities.
Secondary Activities
- Ancillary (Secondary) Activities activities that help facilitate the
performance of the primary activities.
- Accounting gather and summarize info of business so others can make
business decisions (Secondary)
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Document Summary

For first lab read what is a case in the lab manual. Be prepared to discuss the case using the format outlined in the what is a case reading . Good idea to jot down some of your thoughts down on paper to facilitate discussion. Always posts his slides immediately after my last lecture of the day (after. Forces you to take good lecture notes in class as opposed to just simply looking over the slides. Expands on bullets and have to take notes on his elaborated notes. All examination questions will be based on things that we have discussed in lectures or problem sessions in labs. Lecture note summaries are provided at the beginning of every class, copy them down in order to be prepared for exams. Aiesec laurier wednesday, thursday, and monday at 7pm. The sum total of all activities involved in the creation and distribution of goods and services for private profit.