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Environment of Business electives

581.  International Business Practicum. (1.5 or 3.0 hours)
The objectives of this course are: 1) to introduce students to the interactive concepts of marketing and culture, 2) to enable students to understand the cultural issues at the corporate, national and transnational levels, 3) to provide insights on effective marketing and management decision making in unfamiliar or cross-cultural settings, particularly with respect to various international contexts, and 4) most importantly to give students unique experiences with cultural immersion. This year the course focuses on Southeast and East Asia.

582.  Legal Environment of Business. (3.0 hours)
Provides an overview of the legal system within which the business community functions. Topics include administrative law, bankruptcy law, torts, contracts, the uniform commercial code, partnership, and corporate law.

583.  Non-Profit Organizations. (3.0 hours)
The objective of this course is to analyze the role of non-profit organizations as economic entities in a market economy (for example, methods of financing these organizations .) The course will also explore the liability, application of strategic planning to identify potentially useful market niches of these organizations, the legal obligations of management, and portfolio management appropriate for these organizations.

585.  Entrepreneurship and New Venture Initiation. (3.0 hours)
Examines existing factual and conceptual knowledge about entrepreneurs, their ventures and their environments in terms of the decisions to start, continue, and end entrepreneurial ventures.

586.  Real Estate Perspectives. (3.0 hours)
Introductory view of real estate from four perspectives--business, legal, economic, and financial. Emphasis is placed on housing, income-property investment, and public policy decision-making, and the role real estate plays as an engine for economic growth and in determining the quality of life.

587.  Managing & Financing a Small Business Enterprise.  (3.0 hours)
Designed for those who wish to undertake a career journey in the direction of running a smaller business enterprise or a family business. It is structured to allow the students to develop an alternative to a large company or professional service firm.  Every aspect of a business is covered, from the legal entity utilized through the management and financing of the enterprise. The creation and review of individual Business Plans will be required.

588.  Private Equity and Venture Capital. (3.0 hours)
Covers the essential principles of the risks and rewards associated with Private Equity and Venture Capital.  Financial analysis of a business and risk/return characteristics, business valuation methods, and the financing sources are covered to better understand the required returns to risk investors. Other topics include: fundraising, early stage, middle stage, and ultimately late stage investments; buyouts and exit strategies; the structuring of the “deal”; the creation of term sheets, negotiation strategies, and human capital and resources.