Family Business Minor
This program is available at the following locations:
Family businesses are the dominant form of economic organization within the state of Oregon and the Pacific Northwest. It is vital to understand the dynamics within a family business to arm family members and non-family consultants and executives with the knowledge they need to help the family firm succeed.
The Family Business minor is intended to prepare students for leadership positions within a family firm. With a focus on entrepreneurship, it offers students the opportunity to develop their entrepreneurial talents while providing a solid foundation on the risks and challenges facing a family firm, including finances, legal issues, marketing and succession planning. The curriculum will prepare future family business leaders to balance the well-being of the business, the family and individuals, as they address the challenges and opportunities which inevitably arise, day to day and during succession.
Minor Code: 783
Upon successful completion of the program, students will meet the following learning outcomes:
- Explain the key differences between family and non-family firms.
- Identify and describe best practices for managing family business succession planning.
- Recognize critical aspects of managing family dynamics in family firms.
- Describe and apply the fundamentals of family enterprise governance.
- Recognize entrepreneurial opportunities for new business ventures and evaluate their potential for business success.
- Demonstrate the ability to lead by using team building skills and facilitating collaborative behaviors in the accomplishment of group goals and objectives.
- Define markets and apply marketing concepts and principles using a customer focus to effectively sell products and services.
- Make basic investment and financing decisions for a business using financial management concepts, and methods.
|ACCOUNTING FOR DECISION MAKING
|or BA 211
& BA 213
| FINANCIAL ACCOUNTING
and MANAGERIAL ACCOUNTING
|INTRODUCTION TO ENTREPRENEURSHIP
|or BA 352
|MANAGING INDIVIDUAL AND TEAM PERFORMANCE
|INTRODUCTION TO FINANCIAL MANAGEMENT
|FAMILY BUSINESS MANAGEMENT
|PRINCIPLES OF MARKETING
|FAMILY ENTERPRISE GOVERNANCE
|*INTRODUCTION TO MICROECONOMICS
|or AEC 311
|INTERMEDIATE APPLIED ECONOMICS I: PRODUCERS AND CONSUMERS
Baccalaureate Core Course (BCC)
Minor Code: 783