2. External Environments

A thorough understanding of the relationship between an organization and its external market and economic environment. Furthermore, students will comprehend how management decisions affect relevant stakeholders inside and outside of the firm.

• SLO 2.1: Describe how an external force (e.g. taxes, regulations, competition) relates to the functional areas of a firm.
• SLO 2.2: Describe how firm policy choices affect external stakeholders (e.g., customers, society).
• SLO 2.3: Analyze an external strategic problem facing a firm in order to recommend a sound solution to management.
• SLO 2.4: Analyze the fit between the internal structure of the firm and the external environment.

Integrate and apply the tools and techniques of business, drawing on a broad-based knowledge of the major functions (accounting, economics, finance, information systems, marketing, operations management, and strategy) to solve complex business problems and make sound business decisions.

• SLO 3.1: Identify the most appropriate tools or frameworks to solve a given business problem.
• SLO 3.2: Explain how a given decision or intervention affects each of the key functional areas of a firm.
• SLO 3.3: Apply analytical tools and techniques from more than one functional area to address a problem or case.

4. Professional Skills

Demonstrate interpersonal and leadership skills necessary for lifelong career success. These skills reflect effective self-assessment, communication, and collaboration within an organization

• SLO 4.1: Articulate ideas, thoughts, recommendations, and other communications clearly, concisely, and persuasively to business audiences.
• SLO 4.2: Respond appropriately to feedback, demonstrating emotional intelligence.
• SLO 4.3: Work effectively with others to complete projects or other work.

5. Legal and Ethical Considerations

Identify ethical and legal challenges and give these challenges appropriate consideration in decision-making.

• SLO 5.1: Identify ethical implications in a given business problem.
• SLO 5.2: Apply systematic reasoning to make decisions where ethics are concerned.
• SLO 5.3: Identify legal issues in a given business situation.
• SLO 5.4: Defend business decisions with respect to legal considerations.

6. Diversity, Equity, and Inclusion Considerations

Able to articulate and assess the value of DEI in a variety of business settings.

• SLO 6.1: Explain the value of Diversity, Equity, or Inclusion for external stakeholders and its implication for firm strategy.
• SLO 6.2: Explain the value of Diversity, Equity, or Inclusion for internal management of a firm or organization.

Vers. 3, rev. April 2023