13.4 Business

Enrolment in some Business courses is limited and first priority will be given to students registered in Grenfell Campus’s Business Administration programs.

Business course prerequisites apply to all students; transfer students should consult with an academic advisor to discuss.

Business courses at Grenfell Campus are designated by BUSN; courses at the Faculty of Business Administration are designated by BUSI.

BUSN 1010 Introduction to Business

provides students with an overview of the Canadian business system and environment, paying special attention to the functional areas of business, including accounting, finance, marketing, human resources, and operations management. Students will examine core business functions as they relate to current events and within the context of ethical, sustainable, and socially responsible business practices.

CR:

BUSI 1000, the former BUSI 2001

UL:

may be used in place of BUSI 1000 in programs offered by the Faculty of Business Administration

BUSN 1020 Introduction to Entrepreneurship

builds a broad understanding of the field and practice of entrepreneurship through an exploration of the role that entrepreneurship plays in society and the economy. Topics include the nature and theories of entrepreneurship, characteristics and behaviours of entrepreneurs, and the entrepreneurial process. Students will be challenged to think, communicate, and act in a creative and entrepreneurial manner, to consider local regional entrepreneurship contexts, and to evaluate their own entrepreneurial skill set.

CR:

BUSI 2600, the former BUSI 1600

BUSN 2021 Research and Writing for Business

focuses on skill development in gathering, analyzing, and organizing information in order to communicate that information in both professional and academic documents. Emphasis will be placed on understanding how to adapt messages for different audiences, preparing a variety of common business documents, collecting, evaluating, and presenting information from a range of sources, and delivering formal research reports. Course work will foster skill building in problem identification, critical thinking and reasoning, and teamwork.

CR:

the former BUSN 2020, BUSI 2011

PR:

BUSN 1010 and 6 credit hours in first-year English

BUSN 2022 Professional Skills for Business

examines the skill sets and competencies that support professional success in modern organizations. Through study and practice, students will explore fundamental concepts of critical, analytical and creative thinking, decision making, goal setting, collaboration, presenting with impact, and best practices for working in individual and team settings. Topics will be considered within a framework of ethical and responsible business practices.

CR:

BUSI 2012

PR:

BUSN 1010 and successful completion of 18 credit hours

BUSN 2100 Financial Accounting

introduces the concepts of financial accounting using the Canadian framework. Topics include the nature of accounting, the accounting cycle, generally accepted accounting principles (GAAP), and preparation of financial statements: balance sheet, income statement, statement of owner’s equity and statement of cash flow. Specific topics include accounting for assets as well as current and long-term liabilities in both service and merchandising operations.

CR:

BUSN 2105, BUSI 2102, BUSI 2111, the former BUSI 2100, the former BUSI 3100

EQ:

the former BUSI 1101

PR:

successful completion of at least 18 credit hours

BUSN 2110 Managerial Accounting

introduces students to the concepts of preparing, evaluating, using, and communicating financial data to support managerial decision-making. Topics include job costing, process costing, activity-based costing, cost-volume-profit analysis, budgeting, variance analysis, and performance evaluation.

CR:

BUSN 2105, BUSI 2102, BUSI 2112, the former BUSI 4100

EQ:

the former BUSI 2101

PR:

BUSN 2100

BUSN 2251 Introduction to Marketing

introduces students to the principles and processes that underpin marketing strategy and tactics within organizations. Students will explore how ethical and responsible decision-making is informed by the marketing process and will examine fundamental concepts such as customer value, relationship management, business environment analysis, marketing research, consumer behaviour, market segmentation, targeting and positioning, and product planning, pricing, distribution, and marketing communications.

CR:

the former BUSN 2200, the former BUSN 2250, and BUSI 2205

PR:

BUSN 1010 and successful completion of 18 credit hours

BUSN 3030 Canadian Business Law

introduces the student to the legal system and substantive areas of the law that are of particular relevance to business activity in Canada and Newfoundland and Labrador. Students will examine the nature of law and legal processes in Canada, and will explore key considerations related to dispute resolution, contracts, torts, agency, organization structure, and risk management.

CR:

BUSI 3005, the former BUSI 3000, the former BUSI 4000

PR:

BUSN 2021 or the former BUSN 2020, and successful completion of at least 48 credit hours

BUSN 3300 Human Resource Management

provides an overview of various HRM functions within an organization and examines the relationship between employees, senior management, unions, and the labour market. This course addresses a wide range of topics including job analysis and description, recruitment and selection, training and development, performance management, compensation, occupational health and safety, and employee relations.

CR:

BUSI 3325. the former BUSI 4320

PR:

BUSN 1010 and successful completion of 48 credit hours

BUSN 3315 Organizational Behaviour

explores the contribution of the applied behavioural sciences to the study of work in today’s organizations with a particular focus on individual and group processes. Students will examine topics in personality, perception, motivation, communication, group/team dynamics, leadership, diversity, organizational conflict and organizational culture.

CR:

BUSI 3310, the former BUSI 2301, the former BUSI 4300

EQ:

the former BUSN 2300

PR:

BUSN 2022

BUSN 3410 Operations Management

teaches students how to think about the effectiveness and efficiency of an organization's operations. Students explore fundamental concepts, strategies, methods, and techniques for analyzing and optimizing operations, with a focus on maximizing organizational competitiveness through operations management. Topics may include modelling organizational systems, operations strategies, forecasting, quality management, capacity planning, and enterprise resource planning.

CR:

BUSI 3401, the former BUSI 5400

PR:

Statistics 2500 or equivalent

BUSN 3500 Financial Management I

examines theoretical concepts and practical frameworks related to financial management in Canadian capital markets with a focus on financial analysis and forecasting, risk and return, diversification, Capital Asset Pricing model, capital budgeting and working capital management, time value of money, financing options, and the basics of stocks and bonds.

CR:

BUSI 3550, the former BUSI 4110, the former BUSI 4500

PR:

BUSN 2100, Economics 1010 (or the former 2010), and Statistics 2500 or equivalent

BUSN 3600 Enterprise Development

explores and examines the new venture creation process from the conception of an idea to the execution of a business model, with an emphasis on practicing the iterative entrepreneurial process and embracing uncertainty along the way. Students will gain the skills and competencies required to develop an evidence-based business model by leveraging new technologies, engaging with entrepreneurs, and negotiating for start-up financing.

CR:

BUSI 3630, the former BUSI 5030, the former BUSI 5600, the former BUSI 7030

PR:

BUSN 1020 and BUSN 2251 or the former BUSN 2250

BUSN 4010 Strategy I: Analysis and Planning

examines the frameworks and tools to identify, analyze, evaluate, and create competitive and sustainable organizational-level strategy in a range of organizational contexts. Strategy I challenges students to synthesize knowledge acquired throughout the business program as they develop their ability to diagnose an organization’s current strategic position and to recommend appropriate strategic direction. Teamwork, analytical thinking, and critical reflection are emphasized throughout the course.

AN:
BUSN 4010 must be completed through Grenfell Campus Business; there are no course substitutions accepted for this course.
CR:

BUSI 5001, BUSI 5002, the former BUSI 4050, the former BUSI 7000, the former BUSI 7002

PR:

BUSN 2021, BUSN 2110, BUSN 2251 or the former BUSN 2250, BUSN 3030, BUSN 3300, BUSN 3315 or the former BUSN 2300, BUSN 3500, and successful completion of at least 78 credit hours

BUSN 4070 Strategy II: Implementation and Change Management

builds on the skills developed in Strategy I in an examination of current thinking and research related to the implementation process and the strategic management of change. Specifically, the course moves beyond analyzing strategy to assessing the change environment, developing appropriate strategic action plans, and engaging in the ongoing process of strategic implementation in a variety of organizational contexts. The role of change agents and organizational leaders in implementation and change processes is also explored.

AN:
BUSN 4070 must be completed through Grenfell Campus Business; there are no course substitutions accepted for this course.
PR:

BUSN 4010, or BUSI 5001, or the former BUSI 4050, or the former BUSI 7000

BUSN 2060 Business Ethics

allows students to gain an understanding of the importance of ethics in everyday decision making in the professional environment. Students will explore their own ethical positions as they examine strategies for making ethical decisions. The course introduces students to ethical theories and frameworks and will help students develop the skills to anticipate, critically analyze, and appropriately respond to many types of ethical issues on both individual and organizational levels.

CR:

the former BUSI 2808

BUSN 2065 Sustainability and Management

introduces the foundational concepts of sustainability within management processes in organizations. Topics include an introduction to the three pillars of sustainability, the sustainable development goals set by the United Nations, corporate social responsibility, and sustainability management tools available to aid organizations adopting sustainable initiatives. An understanding of the application of sustainability tools in a range of organizational contexts is also explored.

PR:

BUSN 1010 and successful completion of at least 18 credit hours

BUSN 2310 Business Leadership

explores the nature and theories of leadership in the context of today’s business environment. Students will consider what constitutes effective leadership as they examine topics related to traits, motives, and characteristics of leaders; leader behaviour, attitudes and styles; communication; motivation and coaching; followership; power and influence; problem-solving; conflict resolution; and leadership development.

CR:

the former BUSI 3350

PR:

BUSN 1010 and successful completion of 18 credit hours

BUSN 2500 Personal Finance

introduces the essentials of individual financial management. Students will further develop an understanding and skills in areas such as basic personal income tax, financial security, saving and investing, the use of credit, insurance, investments, and borrowing.

PR:

successful completion of at least 18 credit hours

BUSN 2620 Designing for Innovation

explores how innovation happens. Students will learn about the innovation process and practice the skills and competencies necessary to engage in each stage of the process. They will then apply these skills using a design lens to find, frame, and solve important problems by developing and assessing potential innovations. Underpinning this design-innovation practice will be lessons on the theory, models, and methods of design and innovation.

PR:

successful completion of at least 18 credit hours

BUSN 3010 Organizational Theory

examines fundamental concepts and theories of OT as a way to critically understand an organization, its determinants, and subsystems. The course explores the boundaries and impacts of organizational environments, organizational purpose, determinants of structure and design, measures of organizational effectiveness, organizational culture, learning, development, and change.

CR:

BUSI 4315, the former BUSI 4301, the former BUSI 5300

PR:

BUSN 3315 or the former BUSN 2300

BUSN 3060 Negotiation in Organizations

teaches students strategies and skills for negotiating with various stakeholders in a variety of workplace settings. Using current theory and research on negotiation, the course will focus on developing awareness and skills of the various aspects of the negotiation process. The course will include a practical component that will allow students to develop their negotiation skills.

PR:

successful completion of at least 48 credit hours

BUSN 3070 Conflict Management in Organizations

explores the constant presence of conflict in organizations and examines the sources of conflict, the nature of conflict as functional and dysfunctional, and how to anticipate and manage conflict. Students will gain a critical understanding of the costs of poorly managed organizational conflict and will have an opportunity to learn about and apply various tools and strategies for managing organizational conflict.

EQ:

BUSN 4820

PR:

BUSN 2021, BUSN 3300

BUSN 3100 Intermediate Accounting I

continues the study of financial accounting by focusing on specific topics such as current assets, long-term investments, capital assets, intangibles, financial assets, and revenue recognition.

CR:

BUSI 4101 or the former BUSI 6100

PR:

BUSN 2100 with a final grade of at least 60%

BUSN 3110 Intermediate Accounting II

continues the study of financial accounting by focusing on specific topics such as long term debt, employee future benefits, shareholders’ equity, and financial statement presentation and analysis.

CR:

BUSI 4102 or the former BUSI 6110

PR:

BUSN 2100 with a final grade of at least 60%

BUSN 3120 Taxation

introduces the foundational principles and concepts of personal and corporate income tax within Canada. Topics include planning and decision-making approaches taken towards taxation, determination of liability, income determination and administration of the system of taxation, corporate structure, shareholder benefits, tax planning, computation of personal and corporate tax, gains, losses, international taxation, tax credits and deductions. An understanding of applying tax rules, principles, and concepts to personal and corporate cases will be developed through case application.

CR:

BUSI 4121 or the former BUSI 6120

PR:

BUSN 2100 and BUSN 3030

BUSN 3150 Intermediate Managerial Accounting

is the study of in-depth managerial accounting concepts. This course will focus on topics such as budget preparation and analysis, cost management, cost analysis, pricing decisions, and performance management techniques.

PR:

BUSN 2110 with a final grade of at least 60%

BUSN 3220 Services Marketing

explores how the distinctive nature and characteristics of service organizations impact the application of the traditional marketing mix, and create unique opportunities and challenges related to the marketing of services. Students also examine the role of service providers in determining service quality and its connection to customer satisfaction; the distinctions and connections between tangibles and intangibles; and how service marketing mix strategies vary in the context of for-profit and non-profit organizations.

CR:

BUSI 4235 or the former BUSI 6230

PR:

BUSN 2251 or the former BUSN 2250

BUSN 3240 Understanding Consumer Behaviour

considers the impact of consumer behaviour and the consumer decision making process on corporate and marketing strategy. Students will examine the complexity of concepts that influence the purchase, consumption, and post-purchase behaviours of individuals including culture, reference groups, self-image, perception, personality, and lifestyle.

CR:

BUSI 3210, the former BUSI 5200

PR:

BUSN 2251 or the former BUSN 2250

BUSN 3320 Labour Relations

introduces the structure and function of the Canadian labour relations system. Labour relations management in Canada is highlighted with emphasis on the players in the union environment, the collective bargaining process, the dispute resolution process, and the overall administration of the collective agreement.

CR:

BUSI 3335 or the former BUSI 4330 or the former BUSI 3320

PR:

BUSN 1010

BUSN 3510 Financial Management II

continues the concepts of financial management in Canadian capital markets with a focus on asset management, capital budgeting, valuation, dividend policy, and extension of long-term financing options.

CR:

BUSI 4550, the former BUSI 5500, the former BUSI 5140, the former BUSI 7140

PR:

BUSN 3500

BUSN 3610 Social Entrepreneurship

examines the research and practice of social entrepreneurship. The course introduces students to the theories and models of social entrepreneurship. Students will also learn about the role and contribution of social entrepreneurship to society, define viable social enterprise concepts, and evaluate the characteristics of social entrepreneurs.

PR:

BUSN 1020

BUSN 3640 Issues in Indigenous Business

examines the experience of Indigenous business through a consideration of economic reconciliation and the Indigenous economy within the Canadian context. Indigenous participation in specific industries such as tourism, fishery, agriculture, and energy may also be explored.

EQ:

BUSN 3801

PR:

BUSN 1010 and successful completion of at least 48 credit hours

BUSN 3650 Innovation Ecosystems

explores the critical role innovation plays in the economic sustainability of regions. This course takes a macro-, meso-, and micro-view of innovation focusing on the importance of innovation to economic development and the role that governments, communities, and individuals play in developing and growing innovation-driven economies. The course will use a variety of tools to illustrate and demonstrate the key concepts, including case studies, government reports, scholarly articles, and film.

EQ:

BUSN 3800

PR:

successful completion of at least 48 credit hours

BUSN 3750 Management Information Systems

examines the interaction of technology, people, organizations, and data that governs the use and production of information, knowledge, and wisdom in modern work. Students will learn the theoretical and practical fundamentals of how information systems work, and how to work with them. Topics may include the types and significance of systems, data management, business processes, databases, data analytics, and the design, development, and acquisition of information systems.

CR:

BUSI 3700 or the former BUSN 4800

PR:

successful completion of 48 credit hours

BUSN 3800-3850 Special Topics

is a range of special topics courses in Business.

PR:

successful completion of at least 48 credit hours is normally required

BUSN 4020 Business Ethics and Social Responsibility

acknowledges the complexities of ethical and socially responsible workplace decision-making given the pressures and inter-relationships among business, government, society, and the environment. Students will explore topics such as the socio-economic nature of the business system, business ideologies, business ethics, social responsibilities of business, stakeholder and issues management, and sustainability.

CR:

BUSI 4015, the former BUSI 7010

PR:

BUSN 1010 and the successful completion of 48 credit hours

BUSN 4040 International Business Management

focuses on issues of globalization and the role of business in the global economy. Topics include the following: the role of multinational corporations in economic development; market entry strategies for small and medium-sized enterprises; challenges of managing economic, cultural, and technological changes and differences; the role of international investment and foreign direct investment; and international business strategies required to compete in a highly interconnected world. Students will gain the skills to function within the international and global business contexts.

CR:

BUSI 4306, the former BUSI 5302, the former BUSI 7302

PR:

BUSN 1010, Economics 1010, Economics 1020, and the successful completion of at least 48 credit hours

BUSN 4060 Managing Non-Profit Organizations

explores the management of non-profit organizations in Canada. Students will learn what distinguishes the non-profit sector from traditional descriptions of business and government, with particular emphasis given to organizational structure, funding, and culture. Topics considered may include particular non-profit considerations related to accountability, organizational strategy and governance, management of paid and non-paid human resources, fundraising and financial management, and marketing and communications.

PR:

BUSN 2110, BUSN 2251 or the former BUSN 2250, BUSN 3300, BUSN 3315 or the former BUSN 2300, BUSN 3500

BUSN 4080 Business in Film

engages students to examine, reflect on and discuss the role of business and its evolution in society. Topics include business and its contribution to socio-economic and community development, the role of stakeholders, the nature of the corporation, the impact of change management and change agents, and trends in functional areas of business. This seminar uses a combination of popular films, as well as documentaries to highlight issues, challenges, and opportunities in business administration from both a practical and an academic point of view.

PR:

BUSN 1010 and successful completion of at least 48 credit hours

BUSN 4120 Taxation II

is a continuation in the study of the income tax system in Canada. Focus will be on tax planning for corporations and individuals, sales tax, succession and estate planning, partnerships, trusts, and deferred income plans.

CR:

BUSI 7150

PR:

BUSN 3120

BUSN 4130 Auditing

introduces the theory and concepts of external auditing. Emphasis will be placed upon legal liability, materiality and risk, internal control, and audit evidence, and strategy, as well as case studies of audits of specific business processes.

CR:

BUSI 4131, the former BUSI 6130

PR:

BUSN 3100 or BUSN 3110 

BUSN 4210 Marketing Research

is designed to help students develop an understanding of the value of marketing research in strategic decision-making. Students will become familiar with different methods and tools for collecting, analyzing, and interpreting data in a marketing research context.

CR:

BUSI 4221, the former BUSI 5220, the former BUSI 6200

PR:

BUSN 2251 or the former BUSN 2250, Statistics 2500 or equivalent

BUSN 4220 Business-to-Business Marketing and Relationships

presents a comprehensive view of the fundamentals and the complexities of business-to-business (B2B) marketing concepts and the critical role of developing and managing business relationships. Particular attention is paid to organizational buying/purchasing behavior, B2B strategy, B2B marketing communications, and B2B marketing processes.

CR:

BUSI 3250 or the former BUSI 5250

PR:

BUSN 2251 or the former BUSN 2250

BUSN 4230 International Marketing

examines marketing in a global context with a particular focus on the strategic significance of the international dimension on marketing efforts. Students will explore various marketing challenges around global marketing opportunities, such as exporting and direct-entry strategies; contending in unfamiliar competitive environments; navigating complex social, cultural, political, and legal environments; and adapting the marketing mix and related activities to suit specific foreign market needs.

CR:

BUSI 4246 or the former BUSI 7240, the former BUSI 6001

PR:

BUSN 2251 or the former BUSN 2250

BUSN 4310 Recruitment and Selection

explores the role of recruitment and selection in the larger context of human resource management. Students will acquire the knowledge and skills needed to successfully design and implement strategic recruitment and selection initiatives in a variety of organizations. Topics may include the analysis of job requirements, legal considerations, selection criteria and methods, testing methods, interviewing techniques, and process evaluation.

CR:

BUSI 4322, the former BUSI 6312

PR:

BUSN 3300

BUSN 4510 Investments

is a study of capital markets and the financial services industry. Emphasis will be placed upon investment securities, risks, markets and mechanics, and portfolio management for personal and institutional investments.

CR:

BUSI 4540, the former BUSI 6510, the former BUSI 6140

PR:

BUSN 3500

BUSN 4600 Small Business Management

is designed to provide students with a comprehensive understanding of the key principles and practices required to start, operate, and sustain a small business in the Canadian context. Students will develop the knowledge and skills necessary to navigate the unique challenges and opportunities of the Canadian small business landscape. Topics covered will include preoperation business planning decisions, financial management, marketing strategies, human resource management, and decisions for managing small business succession.

CO:

BUSN 3600

BUSN 4660 Managing Innovation

examines product, process, and service innovation in all aspects of core business functions, and how organizations use innovation to create a sustainable and competitive business. The course explores how organizational creativity is developed and considers how to motivate and manage employees through this process. Emphasis is placed on understanding the role of leadership in developing and maintaining innovation, and its use in stimulating organizational growth.

PR:

successful completion of at least 78 credit hours

BUSN 4801-4850 Special Topics

is a range of special topics courses in Business.

PR:

successful completion of at least 78 credit hours is normally required

BUSN 5010 Experiential Learning: Event Planning

allows students to gain important event management, organizational and communication skills through the planning of one or more events on campus and throughout the greater community.

PR:

restricted to Grenfell Campus Bachelor of Business Administration students who have completed at least 78 credit hours

BUSN 5020 Experiential Learning: Field Study

allows students to gain firsthand problem-solving experience as they work directly with organizations or communities on specific business-related field projects.

PR:

restricted to Grenfell Campus Bachelor of Business Administration students who have completed at least 78 credit hours

BUSN 5030 Experiential Learning: Internship

allows students to be placed within a business organization and provides opportunities to apply a range of business skills learned throughout the business program in a specific business environment. Students work with both the course instructor and organizational supervisor to identify the scope of work of the internship and required deliverables.

PR:

restricted to Grenfell Campus Bachelor of Business Administration students who have completed at least 78 credit hours

BUSN 5040 Experiential Learning: Small Business Consulting

allows students to gain experience by working with small businesses. Student groups will be involved in such projects as business plan writing, market research, market strategies, strategic analysis or other business-related functions.

PR:

restricted to Grenfell Campus Bachelor of Business Administration students who have completed at least 78 credit hours

BUSN 5050 Experiential Learning: Student Leadership

allows students to gain leadership and project management skills to empower fellow students and the community at large by assuming senior roles in student-driven programs, such as Enactus Grenfell.

PR:

restricted to Grenfell Campus Bachelor of Business Administration students who have completed at least 78 credit hours

BUSN 2105 Accounting for Non-Business Students

provides an introductory overview of basic financial and managerial accounting topics, such as interpreting and analyzing financial statements, recording financial transactions, budgeting, and managing cash flow.

CR:

BUSN 2100 and BUSI 2102

UL:

This course may not be used to meet the requirements of the Bachelor of Business Administration or the Business Minor program.

AN = Additional notes.

AR = Attendance requirement as noted.

CH = Credit hours: unless otherwise noted, a course normally has a credit value of 3 credit hours.

CO = Co-requisite(s): course(s) listed must be taken concurrently with or successfully completed prior to the course being described.

CR = Credit restricted: The course being described and the course(s) listed are closely related but not equivalent.  Credit is limited to one of these courses.  Normally, these courses cannot be substituted, one for the other, to satisfy program requirements.

EQ = Equivalent: the course being described and the course(s) listed are equal for credit determination.  Credit is limited to one of these courses.  These courses can be substituted, one for the other, to satisfy program requirements.

LC = Lecture hours per week: lecture hours are 3 per week unless otherwise noted.

LH = Laboratory hours per week.

OR = Other requirements of the course such as tutorials, practical sessions, or seminars.

PR = Prerequisite(s): course(s) listed must be successfully completed prior to commencing the course being described.

UL = Usage limitation(s) as noted.

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