2022-2023 Pierce College Catalog 
    
    Apr 29, 2024  
2022-2023 Pierce College Catalog [ARCHIVED CATALOG]

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MNGT 410 Business Strategy and Decision-Making (5 credits)



Prerequisite At least a junior standing in a baccalaureate program, college-level math with 2.0 grade or better.

Course Description
Businesses face complex problems in our globalized, digital, and diverse world. Some have short-term implications, while others have long-term impacts. It is often difficult to ascertain the degree to which a decision today will determine outcomes long after the decision was made. This course uses systems theory as a framework through which business decisions and strategies are understood. Students will then learn to apply systems thinking and analytical tools to diagnose strategic positions from multiple vantage points, evaluate alternative courses of action, and make criteria-based decisions.

Course Content
A. Systems Theory
B. Business Models
C. Ethics and Law
D. Corporate Strategies
E. Analytical and Evaluation Tools (Qualitative, Quantitative)
F. Cognitive Biases
G. Organizational Behavior
H. Change Process, Management
I. Individual, Team, Organizational Decision-Making Processes

Student Outcomes
1. Use systems theory to analyze organizational decisions with multiple objectives and uncertainties.

2. Analyze business models and how these affect business functions.

3. Analyze ethical and legal problems within business situations, choose a resolution, and defend that ethical choice.

4. Analyze corporate strategies within global, digital, and cultural contexts.

5. Analyze and evaluate strategic objectives, evaluate trade-offs, uncertainties, and risks.

6. Evaluate business performance and choose high-value strategic options against known criteria.

7. Use mathematical and analytical tools to compute decision-making factors.

8. Explain the role of systematic cognitive biases and traps that operate on individuals and groups and adopt strategies to overcome them.

9. Create and evaluate a decision-making process to solve a problem that is difficult to solve due to lack of time or data, limited resources, or level of complexity.

Degree Outcomes
Program Outcomes: A. 21st Century Competencies – Mastery on the four Cs : 1. Communication - Effectively communicate within groups, across organizational levels, and with diverse stakeholders. Actively listen and apply appropriate inter- and intrapersonal skills to effectively interact across perspectives and contexts. 2. Collaboration and Teamwork - Work responsibly, respectfully, and inclusively within and across diverse groups/teams to achieve common goals. 3. Critical Thinking - Use systems theory to understand and analyze trends and organizational problems as well as to construct and evaluate evidence-based solution options. 4. Creativity and Innovation - Maintain an open, adaptive, and innovative mindset to analyze and evaluate merits of ideas, learn from mistakes, and continuously create value. B. Core Business Competencies: Economics, operations, marketing, accounting/finance, ethics/legal 1. Strategic Thinking – Use quantitative and qualitative business principles to analyze and solve business problems in order to meet organizational goals. 2. Legal and Ethical Practice – Use ethical and legal practices in planning, organizing, leading, and controlling organizational processes and products. 3. Digital and Information Competency – Use relevant technology and analytical tools to understand and solve problems; create and evaluate ideas; and find and assess quality information for responsible applications. C. Business Model Orientation: Sustainability, Entrepreneurship 1. Sustainable Business Model – Use systems theory, business principles, and an adaptive mindset to analyze and make short- and long-term business decisions in context of the greater environment and society. D. Self-Management and Professional Development: General management, professionalism 2. Apply inclusive problem-solving, decision-making, and negotiation practices to promote professional and organizational success in diverse settings. Critical, Creative, and Reflective Thinking: Graduates will evaluate, analyze, synthesize, and generate ideas; construct informed, meaningful, and justifiable conclusions; and process feelings, beliefs, biases, strengths, and weaknesses as they relate to their thinking, decisions, and creations. Minor Core Ability- Intercultural Engagement: Graduates demonstrate self-efficacy in intercultural engagement to advance equity, diversity, and inclusion through reflections and expressions of cultural humility, empathy, and social and civic engagement and action. Further, graduates examine how identities/positionalities such as races, social classes, genders, sexual orientations, disabilities, and cultures impact perceptions, actions, and the distribution of power and privilege in communities, systems, and institutions.

Lecture Contact Hours 50
Lab Contact Hours 0
Clinical Contact Hours 0
Total Contact Hours 50



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