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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.
There are several forms of business schools, including a school of business, business administration, and management.
- Most of the university business schools consist of faculties, colleges, or departments within the university, and predominantly teach business courses (e.g. Mannheim Business School).
- In North America, a business school is often understood to be a university program that offers a graduate Master of Business Administration degrees and/or undergraduate bachelor's degrees (e.g. Harvard Business School).
- In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
- Privately owned business school which is not affiliated with any university (e.g. WHU-Otto Beisheim School of Management).
Kaplan classifies business schools along four Corners:
- Culture (Europe - US): Independent of their actual (physical) location, business schools can be classified according to whether they follow the European or the US model.
- Compass (international/global – regional/local): Business schools can be classified along a continuum, with international/ global schools on one end and regional/ local schools on the other.
- Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
- Content (teaching – research): Business school can be classified according to whether a school considers teaching or research to be its primary focus.
Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.
Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:
- Preparing case-specific questions to be answered by the student. This is used with short cases intended for Undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies.
- Problem-solving analysis is the second method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader.
- A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six – and up to a dozen cases – during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyze cases studies and real situations. This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently, most professors are capable of supervising the application of this method.
In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.
In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business.
Connecticut (/kəˈnɛtɪkət/ ( listen))[11] is the southernmost state in the New England region of the United States. As of the 2010 Census, it has the highest per-capita income, Human Development Index (0.962), and median household income in the United States.[12][13][14] It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Its capital is Hartford and its most populous city is Bridgeport. It is part of New England, although portions of it are often grouped with New York and New Jersey as the Tri-state area. The state is named for the Connecticut River which approximately bisects the state. The word "Connecticut" is derived from various anglicized spellings of an Algonquian word for "long tidal river".[15]
Connecticut's first European settlers were Dutchmen who established a small, short-lived settlement called Fort Hoop in Hartford at the confluence of the Park and Connecticut Rivers. Half of Connecticut was initially part of the Dutch colony New Netherland, which included much of the land between the Connecticut and Delaware Rivers, although the first major settlements were established in the 1630s by the English. Thomas Hooker led a band of followers from the Massachusetts Bay Colony and founded the Connecticut Colony; other settlers from Massachusetts founded the Saybrook Colony and the New Haven Colony. The Connecticut and New Haven colonies established documents of Fundamental Orders, considered the first constitutions in America. In 1662, the three colonies were merged under a royal charter, making Connecticut a crown colony. This was one of the Thirteen Colonies which rejected British rule in the American Revolution.
Connecticut is the third smallest state by area,[16] the 29th most populous,[17] and the fourth most densely populated[16] of the 50 states. It is known as the "Constitution State", the "Nutmeg State", the "Provisions State", and the "Land of Steady Habits".[1] It was influential in the development of the federal government of the United States.
The Connecticut River, Thames River, and ports along Long Island Sound have given Connecticut a strong maritime tradition which continues today. The state also has a long history of hosting the financial services industry, including insurance companies in Hartford and hedge funds in Fairfield County.
The total gross state product for 2012 was $229.3 billion, up from $225.4 billion in 2011.[135]
Connecticut's per capita personal income in 2013 was estimated at $60,847, the highest of any state.[136] There is, however, a great disparity in incomes throughout the state; after New York, Connecticut had the second largest gap nationwide between the average incomes of the top 1% and the average incomes of the bottom 99%.[137] According to a 2013 study by Phoenix Marketing International, Connecticut had the third-largest number of millionaires per capita in the United States, with a ratio of 7.32%.[138] New Canaan is the wealthiest town in Connecticut, with a per capita income of $85,459. Darien, Greenwich, Weston, Westport and Wilton also have per capita incomes over $65,000. Hartford is the poorest municipality in Connecticut, with a per capita income of $13,428 in 2000.[139]
The state's seasonally adjusted unemployment rate in December 2018 was 4.0%, the 33rd highest in the nation.[140]
Connecticut was home to the nation's first law school, Litchfield Law School, which operated from 1773 to 1833 in Litchfield. Hartford Public High School (1638) is the third-oldest secondary school in the nation after the Collegiate School (1628) in Manhattan and the Boston Latin School (1635).
Southbury Training School Greenhouse, Interior.
Southbury Greenhouse, 2016
The state also has many noted private day schools, and its boarding schools draw students from around the world.
- Elevation adjusted to North American Vertical Datum of 1988.
- "Connecticut". Dictionary.com. Archived from the original on November 18, 2010. Retrieved October 25, 2015.
- Dodge, Edward R. "The Southwick Jog" (PDF). Town of Southwick, Massachusetts. Archived from the original (PDF) on April 16, 2010. Retrieved October 25, 2015.
- "1614 Adriaen". The Society of Colonial Wars in the State of Connecticut. Retrieved May 16, 2014.
- "1636-Hartford". The Society of Colonial Wars in Connecticut. Retrieved May 16, 2014.
- Tyler, Edward Royall; Kingsley, William Lathrop; Fisher, George Park; et al., eds. (1887). New Englander and Yale Review. 47. W.L. Kingsley. pp. 176–177.
- Flick, Alexander C., ed. (1933). History of the State of New York. 2. New York: Columbia University Press. pp. 50–57.
- Roth, David M. (1979). Connecticut: A History. New York: W.W. Norton & Co. pp. 40–41. ISBN 978-0-3933-3174-5.
- User Notes by Table: Table 12 (PDF). United States Summary: 2010, Population and Housing Unit Counts (Report). United States Census Bureau. September 2010. p. V-5. Retrieved May 16, 2014.
- Boyland, James; Gordinier, Glenn S.; Mason Brown, Meredith; et al. (2012). The Rockets' Red Glare: The War of 1812 and Connecticut. New London County Historical Society. ISBN 978-0-9853-6240-9.
- Van Dusen, Albert E. (1961). Connecticut (1st ed.). Random House. pp. 224–238.
- Cowden, Joanna D. (December 1983). "The Politics of Dissent: Civil War Democrats in Connecticut". New England Quarterly. 56 (4): 538–554. doi:10.2307/365104. JSTOR 365104.
- Lane, Jarlath Robert (1941). A Political History of Connecticut During the Civil War. Catholic University of America Press.
- Kirkland, Edward Chase (1948). Men, Cities and Transportation, A Study of New England History 1820–1900. Vol 2. Harvard University Press. pp. 72–110, 288–306.
- Breen, William J. (1997). "The Industrial Northeast: Connecticut". Labor Market Politics and the Great War: The Department of Labor, the States and the First U.S. Employment Service, 1907-1933. Kent, Ohio: Kent State University Press. p. 107. Retrieved May 29, 2014.
- "EB History". General Dynamics Electric Boat. Retrieved May 17, 2014.
- Breen, William J. (1979). "Mobilization and Cooperative Federalism: The Connecticut State Council of Defense, 1917‐1919". Historian. 42 (1): 58–84. doi:10.1111/j.1540-6563.1979.tb00574.x.
- "EB History". General Dynamics Electric Boat. Retrieved May 17, 2014.
- "The Bush Family". George W. Bush Library. Southern Methodist University. Retrieved May 17, 2014.
- "Archived copy". Archived from the original on August 6, 2013. Retrieved May 17, 2014. "The Connecticut Constitution, 1965–2008: Legislative History of Amendments", Connecticut State Library. Retrieved May 16, 2014.
- "Archived copy". Archived from the original on March 24, 2014. Retrieved May 17, 2014. "Lowell Weicker Governor of Connecticut, 1991–1995", Connecticut State Library, 2008. Retrieved May 17, 2014.
- "Legalized Gambling". Department of Consumer Protection. State of Connecticut. Retrieved May 17, 2014.
- Gibson, Campbell; Jung, Kay (September 2002). Table 21. Connecticut - Race and Hispanic Origin: 1790 to 1990 (PDF). Historical Census Statistics On Population Totals By Race, 1790 to 1990, and By Hispanic Origin, 1970 to 1990, For the United States, Regions, Divisions, and States (Report). U.S. Census Bureau. Retrieved October 25, 2015.
- Gibson, Campbell; Jung, Kay (September 2002). Table A-1. Race and Hispanic Origin, for the United States, Regions, Divisions, and States: 1990 (PDF). Historical Census Statistics On Population Totals By Race, 1790 to 1990, and By Hispanic Origin, 1970 to 1990, For the United States, Regions, Divisions, and States (Report). U.S. Census Bureau. Retrieved October 25, 2015.
- [1] (2014). Religious composition of adults in Connecticut.
- "State Personal Income 2013" (PDF) (Press release). Bureau of Economic Analysis, U.S. Department of Commerce. March 25, 2014. Archived from the original (PDF) on April 13, 2014. Retrieved May 15, 2014.
- Sommeiller, Estelle; Price, Mark (February 19, 2014). The Increasingly Unequal States of America: Income Inequality by State, 1917 to 2011 (Report). The Economic Policy Institute. |access-date= requires |url= (help)
- "EB History". General Dynamics Electric Boat. Retrieved May 16, 2014.
- "Connecticut". States in the Senate. U.S. Senate. Retrieved October 25, 2015.
- "Connecticut". Directory of Representatives. U.S. House of Representatives. Retrieved October 25, 2015.
- "History". University of Connecticut. Retrieved October 25, 2015.
- "Home Page". Manchester Community College. Retrieved May 18, 2014.
- "History". Naugatuck Valley Community College. Archived from the original on May 18, 2014. Retrieved May 17, 2014.
- "Connecticut Poet Laureate". Department of Economic & Community Development, Office of Culture and Tourism. State of Connecticut. Retrieved October 25, 2015.
- Writers, Biography.com (April 2, 2014). "Glenn Close Biography". The Biography.com website. A&E Television Networks. Retrieved September 23, 2016.
"Eli Whitney Biography". Biography.com. Retrieved May 18, 2014.
Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. The term "e-business" was coined by IBM's marketing and Internet team in 1996.
E-commerce (short for "electronic commerce") is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.
E-business systems naturally have greater security risks than traditional business systems, therefore it is important for e-business systems to be fully protected against these risks. A far greater number of people have access to e-businesses through the internet than would have access to a traditional business. Customers, suppliers, employees, and numerous other people use any particular e-business system daily and expect their confidential information to stay secure. Hackers are one of the great threats to the security of e-businesses. Some common security concerns for e-Businesses include keeping business and customer information private and confidential, authenticity of data, and data integrity. Some of the methods of protecting e-business security and keeping information secure include physical security measures as well as data storage, data transmission, anti-virus software, firewalls, and encryption to list a few.
A Bachelor of Information Technology (abbreviations BIT, BInfTech, B.Tech(IT) or BE(IT)) is an undergraduate academic degree that generally requires three to five years of study. While the degree has a major focus on computers and technology, it differs from a Computer Science degree in that students are also expected to study management and information science, and there are reduced requirements for mathematics. A degree in computer science can be expected to concentrate on the scientific aspects of computing, while a degree in information technology can be expected to concentrate on the business and communication applications of computing. There is more emphasis on these two areas in the e-commerce, e-business and business information technology undergraduate courses. Specific names for the degrees vary across countries, and even universities within countries.
This is in contrast to a Bachelor of Science in Information Technology which is a bachelor's degree typically conferred after a period of three to four years of an undergraduate course of study in Information Technology (IT). The degree itself is a Bachelor of Science with institutions conferring degrees in the fields of information technology and related fields.
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The e-Business Program blends business and information technology to address the emerging field of e-Commerce and e-Business. This program was developed to further enhance existing core competencies and skill sets, applying the traditional business models to the virtual marketplace.
The curriculum is designed to produce graduates ready to function in e-Business positions with the competencies, skills, and attitudes necessary for success in the workplace.
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