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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.

1. 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).
2. 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).
3. In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
4. 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:

1. 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.
2. 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.
3. Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
4. 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:

1. 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.
2. 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.
3. 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.

Massachusetts (/ˌmæsəˈtʃuːsɪts/ (listen), /-zɪts/), officially the Commonwealth of Massachusetts, is the most populous state in the New England region of the northeastern United States. It borders on the Atlantic Ocean to the east, the states of Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York to the west. The state is named after the Massachusett tribe, which once inhabited the east side of the area, and is one of the original thirteen states. The capital of Massachusetts is Boston, which is also the most populous city in New England. Over 80% of Massachusetts's population lives in the Greater Boston metropolitan area, a region influential upon American history, academia, and industry.[41] Originally dependent on agriculture, fishing and trade,[42] Massachusetts was transformed into a manufacturing center during the Industrial Revolution.[43] During the 20th century, Massachusetts's economy shifted from manufacturing to services.[44] Modern Massachusetts is a global leader in biotechnology, engineering, higher education, finance, and maritime trade.[45]

Commonwealth of Massachusetts
Flag Seal
Nickname(s): The Bay State The Pilgrim State; The Puritan State The Old Colony State The Baked Bean State[1]
Motto(s): Ense petit placidam sub libertate quietem (Latin) By the sword we seek peace, but peace only under liberty
State song(s): "All Hail to Massachusetts"
Official language	English[2]
Spoken languages	English 77.4% Spanish 8.6% Portuguese 2.8%. Chinese 2.1%[3]
Demonym	Bay Stater (official)[4] Massachusite (traditional)[5][6]
Capital (and largest city)	Boston
Largest metro	Greater Boston
Area	Ranked 44th
• Total	10,565[7] sq mi (27,337 km2)
• Width	183 miles (295 km)
• Length	108 miles (174 km)
• % water	26.1
• Latitude	41° 14′ N to 42° 53′ N
• Longitude	69° 56′ W to 73° 30′ W
Population	Ranked 15th
• Total	6,902,149 (2018)
• Density	840/sq mi  (324/km2) Ranked 3rd
• Median household income	$77,385[8] (5th)
Elevation
• Highest point	Mount Greylock[9][10] 3,489 ft (1063.4 m)
• Mean	500 ft  (150 m)
• Lowest point	Atlantic Ocean Sea level
Before statehood	Province of Massachusetts Bay
Admitted to the Union	February 6, 1788 (6th)
Governor	Charlie Baker (R)
Lieutenant Governor	Karyn Polito (R)
Legislature	General Court
• Upper house	Senate
• Lower house	House of Representatives
U.S. Senators	Elizabeth Warren (D) Ed Markey (D)
U.S. House delegation	9 Democrats (list)
Time zone	Eastern: UTC −5/−4
ISO 3166	US-MA
Abbreviations	MA, Mass.
Website	www.mass.gov

Massachusetts state symbols
The Flag of Massachusetts
The Seal of Massachusetts
Living insignia
Bird	Black-capped chickadee,[11] wild turkey[12][13]
Fish	Cod[13][14]
Flower	Mayflower[13][15]
Insect	Ladybug[13][16]
Mammal	Right whale,[17] Morgan horse,[18] Tabby cat,[19] Boston Terrier[20]
Reptile	Garter snake[13][21]
Tree	American elm[13][22]
Inanimate insignia
Beverage	Cranberry juice[13][23]
Colors	Blue, green, cranberry[13][24]
Dance	Square dance[13][25]
Food	Cranberry,[26] corn muffin,[13][27] navy bean,[28] Boston cream pie,[29] chocolate chip cookie,[30] Boston cream doughnut[31]
Fossil	Dinosaur Tracks[32]
Gemstone	Rhodonite[13][33]
Mineral	Babingtonite[13][34]
Poem	"Blue Hills of Massachusetts"[13][35]
Rock	Rolling Rock[13][36]
Shell	New England Neptune, Neptunea lyrata decemcostata[13][39]
Ship	Schooner Ernestina [13]
Slogan	Make It Yours, The Spirit of America[37]
Soil	Paxton[13]
Sport	Basketball[38]
State route marker
State quarter
Released in 2000[40]
Lists of United States state symbols

Plymouth was the site of the second colony in New England after Popham Colony in 1607 in what is now Maine [46]. Plymouth was founded in 1620 by the Pilgrims, passengers of the Mayflower. In 1692, the town of Salem and surrounding areas experienced one of America's most infamous cases of mass hysteria, the Salem witch trials.[47] In 1777, General Henry Knox founded the Springfield Armory, which during the Industrial Revolution catalyzed numerous important technological advances, including interchangeable parts.[48] In 1786, Shays' Rebellion, a populist revolt led by disaffected American Revolutionary War veterans, influenced the United States Constitutional Convention.[49] In the 18th century, the Protestant First Great Awakening, which swept the Atlantic World, originated from the pulpit of Northampton preacher Jonathan Edwards.[50] In the late 18th century, Boston became known as the "Cradle of Liberty"[51] for the agitation there that led to the American Revolution.

The entire Commonwealth of Massachusetts has played a powerful commercial and cultural role in the history of the United States. Before the American Civil War, Massachusetts was a center for the abolitionist, temperance,[52] and transcendentalist[53] movements.[54] In the late 19th century, the sports of basketball and volleyball were invented in the western Massachusetts cities of Springfield and Holyoke, respectively.[55][56] In 2004, Massachusetts became the first U.S. state to legally recognize same-sex marriage as a result of the decision in Goodridge v. Department of Public Health by the Massachusetts Supreme Judicial Court.[57] Many prominent American political dynasties have hailed from the state, including the Adams and Kennedy families. Harvard University in Cambridge is the oldest institution of higher learning in the United States,[58] with the largest financial endowment of any university,[59] and Harvard Law School has educated a contemporaneous majority of Justices of the Supreme Court of the United States.[60] Kendall Square in Cambridge has been called "the most innovative square mile on the planet", in reference to the high concentration of entrepreneurial start-ups and quality of innovation which have emerged in the vicinity of the square since 2010.[61][62] Both Harvard University and the Massachusetts Institute of Technology, also in Cambridge, have been ranked among the most highly regarded academic institutions in the world.[63] Massachusetts' public-school students place among the top tier in the world in academic performance,[64] and the state has been ranked as one of the top states in the United States for citizens to live in, as well as one of the most expensive.[65]

The United States Bureau of Economic Analysis estimates that the Massachusetts gross state product in 2017 was US$527 billion.[204] The per capita personal income in 2012 was $53,221, making it the third-highest state in the nation.[205] As of January 2019, Massachusetts general minimum wage in the state is $12 per hour while the minimum wage for tipped workers is $4.35 an hour.[206]

In 2015, twelve Fortune 500 companies were located in Massachusetts: Liberty Mutual, Massachusetts Mutual Life Insurance Company, TJX Companies, EMC Corporation, Raytheon, Staples Inc., Global Partners, Thermo Fisher Scientific, State Street Corporation, Biogen, Eversource Energy, and Boston Scientific.[207] CNBC's list of "Top States for Business for 2014" has recognized Massachusetts as the 25th-best state in the nation for business,[208] and for the second year in a row the state was ranked by Bloomberg as the most innovative state in America.[209] According to a 2013 study by Phoenix Marketing International, Massachusetts had the sixth-largest number of millionaires per capita in the United States, with a ratio of 6.73 percent.[210] Billionaires living in the state include past and present leaders (and related family) of local companies such as Fidelity Investments, New Balance, Kraft Group, Boston Scientific, and the former Continental Cablevision.[211] Boston-Logan International Airport is the busiest airport in New England, serving 33.4 million total passengers in 2015, and witnessing rapid growth in international air traffic since 2010.[212]

Sectors vital to the Massachusetts economy include higher education, biotechnology, information technology, finance, health care, tourism, manufacturing, and defense. The Route 128 corridor and Greater Boston continue to be a major center for venture capital investment,[213] and high technology remains an important sector. In recent years tourism has played an ever-important role in the state's economy, with Boston and Cape Cod being the leading destinations.[214] Other popular tourist destinations include Salem, Plymouth, and the Berkshires. Massachusetts is the sixth-most popular tourist destination for foreign travelers.[215] In 2010, the Great Places in Massachusetts Commission published '1,000 Great Places in Massachusetts' that identified 1,000 sites across the commonwealth to highlight the diverse historic, cultural, and natural attractions.[216]

Cape Cod Bay, a leading tourist destination in Massachusetts. Tourism is important to the state's economy.

While manufacturing comprised less than 10% of Massachusetts's gross state product in 2016, the Commonwealth ranked 16th in the nation in total manufacturing output in the United States.[217] This includes a diverse array of manufactured goods such as medical devices, paper goods, specialty chemicals and plastics, telecommunications and electronics equipment, and machined components.[218][219]

As of 2012, there were 7,755 farms in Massachusetts encompassing a total of 523,517 acres (2,120 km2), averaging 67.5 acres (0.273 km2) apiece.[220] Particular agricultural products of note include green house products making up more than one third of the state's agricultural output, cranberries, sweet corn and apples are also large sectors of production.[221] Massachusetts is the second-largest cranberry-producing state in the union after Wisconsin.[222]

The more than 33,000 nonprofits in Massachusetts employ one-sixth of the state's workforce.[223] In 2007, Governor Deval Patrick signed into law a state holiday, Nonprofit Awareness Day.

In February 2017, U.S. News & World Report ranked Massachusetts the best state in the United States based upon 60 metrics including healthcare, education, crime, infrastructure, opportunity, economy, and government. The Bay State ranked number one in education, number two in healthcare, and number five in the handling of the economy.[65]

In 2018, Massachusetts's overall educational system was ranked the top among all fifty U.S. states by U.S. News & World Report.[188] Massachusetts was the first state in North America to require municipalities to appoint a teacher or establish a grammar school with the passage of the Massachusetts Education Law of 1647,[189] and 19th century reforms pushed by Horace Mann laid much of the groundwork for contemporary universal public education[190][191] which was established in 1852.[121] Massachusetts is home to the oldest school in continuous existence in North America (The Roxbury Latin School, founded in 1645), as well as the country's oldest public elementary school (The Mather School, founded in 1639),[192] its oldest high school (Boston Latin School, founded in 1635),[193] its oldest continuously operating boarding school (The Governor's Academy, founded in 1763),[194] its oldest college (Harvard University, founded in 1636),[195] and its oldest women's college (Mount Holyoke College, founded in 1837).[196]

Massachusetts's per-student public expenditure for elementary and secondary schools was eighth in the nation in 2012, at $14,844.[197] In 2013, Massachusetts scored highest of all the states in math and third-highest in reading on the National Assessment of Educational Progress.[198]

Massachusetts is home to 121 institutions of higher education.[199] Harvard University and the Massachusetts Institute of Technology, both located in Cambridge, consistently rank among the world's best private universities and universities in general.[200] In addition to Harvard and MIT, several other Massachusetts universities currently rank in the top 50 at the undergraduate level nationally in the widely cited rankings of U.S. News and World Report: Tufts University (#27), Boston College (#32), Brandeis University (#34), Boston University (#37) and Northeastern University (#40). Massachusetts is also home to three of the top five U.S. News and World Report's best Liberal Arts Colleges: Williams College (#1), Amherst College (#2), and Wellesley College (#4).[201] The public University of Massachusetts (nicknamed UMass) features five campuses in the state, with its flagship campus in Amherst that enrolls over 25,000 students.[202][203]

• Herman, Jennifer (2008). Massachusetts Encyclopedia. State History Publications, LLC. p. 7. Various nicknames have been given to describe Massachusetts, including the Bay State, the Old Bay State, the Pilgrim State, the Puritan State, the Old Colony State and, less often, the Baked Bean State

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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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