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“ WELCOME ” to BU121 Functional Areas of the Organization

“ WELCOME ” to BU121 Functional Areas of the Organization. Course Objectives. Integrative framework* Business plan development BDO New Venture Competition ! Introductory overview to functional areas Development of ‘ soft skills ’

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“ WELCOME ” to BU121 Functional Areas of the Organization

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  1. “WELCOME” to BU121 Functional Areas of the Organization

  2. Course Objectives • Integrative framework* • Business plan development • BDO New Venture Competition! • Introductory overview to functional areas • Development of ‘soft skills’ • decision-making, communication, leadership/team management, emotional intelligence, negotiating • PepsiCo Pitch Competition! • Business vocabulary • Professional expectations • Code of Conduct – Statement of Academic Integrity

  3. CRITICAL SUCCESS FACTORS Planning Organizing Stakeholders Economic Finance Political Marketing EXTERNAL Vision INTERNAL Social Operations Technological Human Resources Mission Controlling Strategy Motivating

  4. Required Materials • Functional Areas of the Organization– custom text • Online chapter quizzes • Business 121 Lab Manual –30th Edition • Assessment coupon • Top Hat • Quick Start Guide on course website

  5. Methodology • Readings – text – online quizzes and lab manual • Lectures • PowerPoint slides are not a substitute for class notes! • Weekly Labs – start next week • Lab Registration* • Must re-register for the same lab and check room location! • Attendance at labs is compulsory • only allowed 1 un-validated absence and 1 ‘make-up lab • must have the TA of the attended lab sign a Lab Makeup Form you download from the website and bring to the lab • OR you lose all marks assigned to labs = 45% • make-up labs should only be used if absolutely necessary • Any labs missed will result in the loss of 1 participation mark • 3 lates = 1 absence for purposes of participation marks

  6. Participation Grade = 10% 5 marks for hand in of lab prep or in-lab exercises • Excellent = 1 mark • Acceptable = .5 marks • Poor/Incomplete = 0 marks 5 marks for quality and consistency of participation • WOW = 3 marks – participating consistently, respectfully and with high quality – adding value to the lab discussion • GREAT= 2.5 marks – participating consistently, usually high quality • GOOD = 2 marks – reasonably consistent, decent quality • AVERAGE = 1.5 marks – reasonably consistent, average quality • WEAK = 1 mark – inconsistent, lower quality • POOR = .5 marks – rarely participated, poor quality OR sometimes disengaged, on electronics, or talking while others are talking NO CELLPHONE/LAPTOP POLICY • UNACCEPTABLE = 0 marks – did not participate OR disruptive and disrespectful, called out for behaviour OR absent for the lab

  7. Extra Resources = optional extra participation marks! • Opportunity to earn up to 2 extra participation marks to a maximum of 10% participation • .25 mark each for full attendance and engagement at a maximum of 4 non-review Supplemental Instruction/SI sessions = 1 mark - www.wlu.ca/study • .5 mark each for full attendance and engagement at a maximum of 2 Success Workshops = 1 mark • .5 mark for full attendance and engagement at 1 Business Writing Workshop = .5 marks • *Attendance at a mandatory Success Session on January 11th is required for extra mark eligibility for students with: • C+ or lower in BU111 • C+ or lower average in BU111 and BU127 combined • + an appointment with a BBA Academic Advisor is required for students with C- or lower in BU111 OR BU111 and BU127 combined

  8. Assessments/Grading • 15% - Individual lab assignments/assessments • 5% Pitch • 10% Participation (as discussed) • 30% - Team-based lab assignments/assessments • New Venture Business Plan • 5% Team Plan and Timeline • 7% Business Model Canvas • 10% Business Plan Report • Groups are required to meet with their TA to show progress on their business plan. Failure to meet requirements will result in a 10% deduction • 8% Business Plan Presentation • 25% - Midterm Exam • 30% - Final Exam (with short case)

  9. Assessments – late policies! All assignments must be submitted in hardcopy and to turnitin before noon on the due date. Peer evaluations for group work are due by 11:59pm on the due date. Late policies: • Late in hardcopy = 0 on the assignment • Late to turnitin and/or late peer evals • = 10% penalty if submitted within the first 72 hours after the deadline • + additional 10% penalty if submitted within the next 24 hours • + additional 10% penalty if submitted within the following 24 hours • 0 on the assignment if not submitted to turnitin or no peer eval • Late completion of required assessments (lab manual coupon) = maximum 3 marks deducted from individual’s grade on Team Plan and Timeline (note that assignment is worth 5 marks) • .5 mark penalty per assessment if done within 72 hours after the deadline • + additional .5 mark penalty per assessment if done within next 24 hours • + additional .5 mark penalty if done within the following 24 hours

  10. Important Information – read carefully! • Academic misconduct is viewed very strictly • Assignments must be submitted to turnitin.com • Personal Work Statements are required to receive assignment marks • A signedStatement of Academic Integrity must be hand in to your TA in the first lab. • Midterms and finals are controlled access • No deferred midterm; Verification of Illness form required if you are ill • Final exam deferrals must be petitioned; no deferrals due to travel plans • Group work is taken very seriously – “firing” • Every effort is made to ensure student privacy • only student e-mails from university accounts will be returned • Reminders: • You must pass one of the exams to pass the course • Due dates are rigid – late assignments will be given 0 • Turnitin and Peer evaluations required; late penalties apply.

  11. How to Succeed • 21 grade points /3 = required average BU GPA of 7 • D/A+, D+/A, C-/A-, C/B+, C+/B • You may retake 111 or 127 in the winter term or retake in the spring term – but you must meet the requirement by end of August • PROCEED WITH CAUTION! • Only 2 repeats allowed in first year • If repeating in winter term – should drop an elective and take in spring • If you want to take in winter term need to register ASAP • Get help BEFORE you need it! • Go to weekly SI Sessions • Go to the monthly Success Sessions • Meet with an Academic Advisor, your TA, Prof and/or SI tutor • Manage your time…

  12. Important Dates • Lab Registration • Starts immediately • Assignments: • Assessment Deadline – Friday January 16th • Team Plan and Timeline – Friday January 30th • Pitch – week of February 2nd in labs • Business Model Canvas – Friday February 13th • Required Progress Meeting with TA – before FridayMarch 6th • New Venture Report – Friday March 13th • New Venture Presentations – weeks of March 16th and 21st in labs • Midterm Exam • Saturday February 28th 1:30–4:00pm

  13. Important Dates cont’d • Success Seminars: • Mandatory Session • C+ or lower in BU111 /127– Sunday January 11th at 7pm • Strategies for Success Workshop – Sunday Jan 18th – time TBA • Midterm Success Workshop – Sunday Feb 22nd – time TBA • Finish Strong Workshop – Sunday March 22nd – time TBA • New Venture: • BDO Consulting Sessions – Monday March 2nd starting at 5 pm • Competitions!: NO Opt-out • PepsiCo Pitch – Friday February 6th • BDO New Venture • Semi-finals – Friday March 27th • Finals – Saturday March 28th

  14. January

  15. February

  16. March

  17. April

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