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This course was designed to communicate to employees the importance of understanding manufacturing as a business. Students will learn concepts to help them understand the big picture of how their company makes a profit and how their role in the company has an impact on the ability of their company to make money. Key concepts to be addressed include: types of businesses, types of business organizations, basic accounting equation, income statements, balance sheets, cash flow statements, cost of goods sold, inventory valuation and related topics.
Lab Hours: 0.00
Lecture Hours: 20.00
Total Contact Hours: 20.00