Management
Programs in Management
Management is a major that focuses on the crucial processes by which the resources of an organization are systematically directed toward the achievement of its mission. Management majors gain the flexibility to apply their skills in a variety of settings. Some graduates work in international management. Others go to work in small business environments; still others begin their professional careers as management trainees in large organizations. Management students can elect to concentrate in one of three areas: management, entrepreneurship and small company management, or international management.
News
Dr. Craig Armstrong's $10 Business Project Featured on ICSB
A class project that challenged students to start a business with only $10 has garnered attention from the International Council for Small Business.
An excerpt from the article:
Some $10 Business stats include;
- Dr. Armstrong's highest earner made over $2,200; Student used wine corks to make framed displays and magnets for customers.
- Same student continued to operate the wine-cork business for the rest of the semester and earned over $3,000.
- Two students earned over $1,000 after 5-weeks.
- In a class with an enrollment of 47, the average amount of profits earned per student was $200.
- This same class generated about $9,400 of wealth on an initial investment of $470.
- 90% of all students make more than $10 in five weeks
Dr. Armstrong's inspiration for developing this exercise lies in his entrepreneurship research regarding the resourcefulness of entrepreneurs. The $10 Business is intended to identify resourcefulness and expose the entrepreneur's creative side. According to Dr. Armstrong, “This exercise raises the type of research questions that we need to ask in entrepreneurship.”
Click here to read the whole article at ICSB.