Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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EKF221 | INTRODUCTION TO BUSINESS | 3 | 3 | 3 | 6 |
GENERAL INFORMATION |
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Language of Instruction : | Turkish |
Level of the Course Unit : | BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : | Compulsory |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | Prof. BÜLENT EŞİYOK |
Instructor(s) of the Course Unit | Assist.Prof. FİLİZ SİVASLIOĞLU |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to provide the students with the ability to evaluate business functions, responsibilities and general elements and functions in terms of corporate social responsibility and ethical values. |
Contents of the Course Unit: | Contents of the course include the basic functions of a business such as strategy, marketing, human resources and finance. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Explain the role and basic functions of a business. (2) |
Interpret the social responsibilities of companies and the interests of internal and external stakeholders within the framework of sustainability. (4) |
Explain the strengths and development aspects of a company and their growth strategies. (2) |
Summarize the roles and responsibilities of business functions (strategy, marketing, human resources, finance). (2) |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Reading the relevant chapter in the coursebook | Management by objectives, SMART, SWOT, Ansoff’s matrix | Lecture & Question Answer |
2 | Reading the relevant chapter in the coursebook | Business ethic, code of conducts, moral dilemma, cost of morality in institutions, long term benefits of being moral for institutions | Lecture & Question Answer |
3 | Reading the relevant chapter in the coursebook | Shareholder and sharer approaches, which approach is advantageous in terms of sustainability, how to balance adverse interests of shareholders | Lecture & Question Answer |
4 | Reading the relevant chapter in the coursebook | Corporate social responsibility, its advantageous and cost in short term and long term, scale economy and the appropriate scale/size for the company | Lecture & Question Answer & Research |
5 | Reading the relevant chapter in the coursebook | Marketing strategies, 4P, business expanding strategies, internal growth, external growth, purchase and mergers | Lecture & Question Answer & Research |
6 | Reading the relevant chapter in the coursebook | Human sources planning, employment, training, evaluating employers, 360-degree evaluation, numerical objectives | Lecture & Question Answer & Research |
7 | Reading the relevant chapter in the coursebook | Organization structures, horizontal organization and problems, vertical organization and its benefits | Lecture & Question Answer & Research |
8 | - | MID-TERM EXAM | - |
9 | Reading the relevant chapter in the coursebook | Delegation, accountability, functional organization structure, production-based organization structure, matrix organization. Leadership types, motivation and effect of nonfinancial awards in motivation | Lecture & Question Answer & Research |
10 | Reading the relevant chapter in the coursebook | Financial sources, choosing the appropriate financial source | Lecture & Question Answer & Research |
11 | Reading the relevant chapter in the coursebook | Cost and income, fixed cost, variable cost, semi variable cost | Lecture & Question Answer & Research |
12 | Reading the relevant chapter in the coursebook | At par break even analysis, K/Z statement, balance sheet, cash flow table, ratio analysis | Lecture & Question Answer & Research |
13 | Reading the relevant chapter in the coursebook | Ratio analysis case study | Lecture & Question Answer & Research |
14 | Reading the relevant chapter in the coursebook | Cash flow table and prediction, investment analysis | Lecture & Question Answer & Research |
15 | Reading the relevant chapter in the coursebook | Budget | Lecture & Question Answer & Research |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Cetin, C. Mutlu E.C. (2013). Temel Isletmecilige giris. Beta Publications |
Mirze, K. (2013). Isletme. Literatur Publications, Istanbul |
Collins, K. (2012). An introduction to Business |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
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1 | |||||
2 |
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
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1 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
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1 | |||||
2 |
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
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1 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Interpret the charts and tables related to the field. (Bloom 2)
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1 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
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1 | |||||
2 |
Analyze economic and financial reports. ((bloom 4)
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1 | |||||
3 |
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
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1 | |||||
4 |
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
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1 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).
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1 |
OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)
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3 |
OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)
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1 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
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1 | |||||
2 |
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
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1 | |||||
3 |
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
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1 | |||||
4 |
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
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4 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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Type of the Learning Activites | Learning Activities (# of week) | Duration (hours, h) | Workload (h) |
Lecture & In-Class Activities | 14 | 3 | 42 |
Preliminary & Further Study | 14 | 3 | 42 |
Land Surveying | 0 | 0 | 0 |
Group Work | 0 | 0 | 0 |
Laboratory | 0 | 0 | 0 |
Reading | 0 | 0 | 0 |
Assignment (Homework) | 0 | 0 | 0 |
Project Work | 0 | 0 | 0 |
Seminar | 0 | 0 | 0 |
Internship | 0 | 0 | 0 |
Technical Visit | 0 | 0 | 0 |
Web Based Learning | 0 | 0 | 0 |
Implementation/Application/Practice | 0 | 0 | 0 |
Practice at a workplace | 0 | 0 | 0 |
Occupational Activity | 0 | 0 | 0 |
Social Activity | 0 | 0 | 0 |
Thesis Work | 0 | 0 | 0 |
Field Study | 0 | 0 | 0 |
Report Writing | 0 | 0 | 0 |
Final Exam | 1 | 1 | 1 |
Preparation for the Final Exam | 1 | 20 | 20 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 1 | 14 | 14 |
Short Exam | 10 | 1 | 10 |
Preparation for the Short Exam | 10 | 2 | 20 |
TOTAL | 52 | 0 | 150 |
Total Workload of the Course Unit | 150 | ||
Workload (h) / 25.5 | 5,9 | ||
ECTS Credits allocated for the Course Unit | 6,0 |