Operations management is an ever-changing discipline. New concepts are appearing constantly. Operations management is a key element in improving productivity and creating competitive advantage through productivity growth. This course focuses upon such issues as project management, process analysis and supply chain management.

The question of how individuals and firms use their resources to attain certain economic goals is examined. The central problem of scarcity is introduced. A brief study of how different economic systems try to solve this problem is undertaken. The market system is investigated as to how supply, demand and price determine what and how much is produced. Effective decision-making is the marketplace is also examined. This course includes a tutorial.

Business Law is an introduction to the legal system, including consideration of constitutional law. Torts are studied with a stress on the concept of negligence. The law of contract is covered and land law and insurance are briefly considered. Employment law (including legislation), company law, and the law of the marketplace are also considered. This course includes a lab component.