27 December 2010 
360 degree Evaluation for Your Business Professor
Delectare et Docere
In order to improve the learning experience and enjoyment in this course Your Business Professor should…
Keep doing this:
1. ____________________________
2. ____________________________
3. ____________________________
Stop doing this:
1. _______________________________
2. _______________________________
3. _______________________________
Start doing this:
1. _______________________________
2. _______________________________
3. _______________________________
Additional Comments:
__________________________________________
__________________________________________
Remember that The Alert Student can also post an evaluation at the end of the semester at www.RateMyProfessors.com search “Yoest”
22 December 2010
Business Mathematics Syllabus, BUS 121, Northern Virginia Community College
Syllabus, Business Mathematics I
BUSiness 121
John Wesley Yoest, Jr. (Jack)
Adjunct Professor of Management
Science, Technology and Business Division
BUS 121 – 070A Business Mathematics I
Tuesdays and Thursdays
11:30 to 12:45 pm
January 11, 2011 to April 28, 2011
Main Campus:
Northern Virginia Community College
3001 North Beauregard Street
Alexandria, VA 22311
NVCC phone: 703 845-6200
Fax: 703-845-6009
Jack@Yoest.org
or
JYoest@NVCC.edu
Cell: 202.215.2434
Education:
M.B.A., George Mason University
B.S., Old Dominion University
Graduate Course Work, Oxford University
1) Course Objective:
Prerequisites: Each student must be able to
1) Read and write English fluently, and
2) Have the desire to understand how business mathematics is conducted.
Course Description:
The Alert Student will know the Language and Application of Business Mathematics at the course completion.
The class applies mathematical operations to business processes and problems. Reviews operations, equations, percents, sales and property taxes, insurance, checkbook and cash records, wage and payroll computations, depreciation, overhead, inventory turnover and valuation, financial statements, ratio analysis, commercial discounts, markup, and markdown. Lecture 3 hours per week.
The course has a focus on students’ needs, this algebra-based introduction to business math text takes care to present each topic in a clear and logical manner-with detailed explanations of all steps and concise discussions describing the business applications of each topic. This dual approach sharpens the mathematical skills of students preparing to enter business employment while also providing an introduction to accounting, finance, insurance, statistics, taxation, and other math-related subjects. Consumer math applications, such as bank reconciliation, discounting, markups and markdowns, installment purchases, and simple and compound interest are also covered in depth.
Course Goals and Objectives:
Upon the completion of this course, the student should be able to:
a) Use calculators to solve business related problems.
b) Be able to use and understand terminology related to business.
c) Solve basic equations
d) Express written problems in an equation.
e) Solve problems involving percents.
f) Solve simple interest and simple discount problems.
g) Reconcile bank statements.
h) Compute depreciation, using several methods.
i) Solve problems involving commercial discounts, markup, markdown as they relate to
retailing.
j) Calculate compound interest, annuity values, sinking funds, and amortization problems.
k) Calculate gross wages and net payroll, social security tax and net income relating to
payroll functions.
Major Topics to be Covered:
A. Basic Business Mathematics
1. Operations
2. Equations
3. Percents
B. Accounting Mathematics
1. Statistics and Graphs
2. Taxes
3. Insurances
4. Checkbook and Cash Records
5. Deprecation and Overhead
6. Financial Statements and Ratios
7. Distribution of Profit and Loss
C. Retail Mathematics
1. Commercial Discounts
2. Markup
3. Markdown
D. Mathematics of Finance
1. Simple Interest
2. Bank Discount
3. Multiple Payment Plans
4. Compound Interest
5. Annuities, Sinking Funds and Amortization
Text:
Business Mathematics, A Collegiate Approach , Ninth Edition, Rouche, Graves, Tuttle, Pearson Prentice Hall 2005
2) Academic Requirements :
ASSIGNMENTS:
Homework: There will be reading and work assignments from the text for every class.
Find a friend . Exchange contact information with at least one class member to keep current on any missed classes. Your Business Professor is not the student’s first point of contact. You may share with any and all in the class except during tests.
Quizzes: Expect a short quiz in the first ten minutes of every class period. Questions may be very short answer, or fill-in-the-blank.
Class Participation: The Student is expected to volunteer and help move the class discussions.
Examinations: There will be six examinations. They will be multiple choice, work problems and short answer. The Final Exam will be given on 28 April 2011, the last day of class. The Final Exam is comprehensive.
Grade Point Allocation:
Exams: Six each, 10 points each; 60 points total
Quizzes: Fifteen @ two points each; 30 points total
Class Participation: 10
Total = 100 points/percent
Class Participation: This will be a subjective measure at the discretion of the instructor. Even with the grade structure following, making your voice heard and preparedness are important – they could make the difference in a borderline grade.
The only way to begin to earn Class Participation points is to show up.
Course Grading System:
A = 90-100
B = 80-89
C = 70-79
D = 60-69
F = 0-59
BUS 121 Semester Outline; There will be 30 class sessions.
COURSE OUTLINE
Jan 11, Introduction and Expectations
Jan 13 , Ch.1 Review of Operations
Jan 18, Ch. 2 Using Equations
Jan 20, Ch. 3 Review of Percent
Jan 25, Exam 1
Jan 27, Ch. 4 Statistics and Graphs
Feb 1, Ch. 5 Taxes
Feb 3, Ch. 6 Insurance
Feb 8, Ch 7 Checkbook and Cash Record
Feb 10, Exam 2
Feb 15, Ch. 8 Wages and Payroll
Feb 17, Ch. 9 Depreciation and Overhead
Feb 22, Ch. 10 Financial Statements and Ratios
Feb 24, Ch. 11 Distribution of Profit and Loss
Mar 1, Exam 3
Mar 3, Ch. 12 Commercial Discounts
Mar 7, Spring Break to 13 March
Mar 15, Ch.13 Markup
Mar 17, Ch 13 Markup continued
Mar 22, Ch. 14 Markdown
Mar 24, Exam 4
Mar 29, Ch. 15 Simple Interest
Mar 31, Ch. 16 Bank Discount
April 5, Exam 5
April 7, Ch. 17 Multiple Payment Plans
April 12, Ch. 18 Compound Interest
April 14, Ch 18 Compound Interest continued
April 19, Ch 19 Annuities, Sinking Funds, and Amortizations
April 21 Ch 19 Annuities, Sinking Funds, and Amortizations continued
April 26, Final Exam review
April 28 , Final Exam
__________________________________________________
3) Attendance :
Regular attendance of this course is expected. Failure to do so could have an adverse effect on the student’s course grade. Any class material and assignments missed are the student’s responsibility. Success will depend upon showing up.
It is a requirement that the student exchange names and contact information with at least one classmate.
Excessive absences, as defined in the college catalog, could result in the student receiving the grade ‘F’ for the course.
Testing and Grading:
Attendance at scheduled tests and presentations is mandatory. No make-ups will be given – there are no exceptions from Your Business Professor.
Current Events Presentations will not be accepted late and must be delivered in person.
Normally this instructor will assign only the grades of A, B, C, D, or F. Special grades such as W, I, and R will be assigned only in those circumstances prescribed in the college catalog. The grade of X (audit) must be initiated by the student and will be assigned only when the student has attended class regularly.
Failure to do so will result in the instructor issuing the grade of ‘F’.
The Successful Student will devote two hours of class preparation for each hour of class room instruction.
The student will be asked to grade the effectiveness of each test.
Withdrawals:
Any student may withdraw from this course without academic penalty within the first 60% of the session. Initiation of the withdrawal is the student’s responsibility and the grade of ‘W’ will be awarded. The last day for withdrawal, without academic penalty, for this semester/session is _______________. Beyond this date dropping a course or failure to attend will result in the grade of ‘F’ except under mitigating circumstances. Documentation of these circumstances is required AND a grade of ‘W’ implies that the student was making satisfactory progress (passing) in the course at the time of the withdrawal.
If a student misses the first two weeks of class s/he will be dropped from the class.
Special Needs and Accommodations:
Please address with the instructor any special problems or needs at the beginning of the semester/session. If the student is seeking accommodations based on disability, then s/he should provide a disability data sheet, which can be obtained from the Counselor for Special Needs.
In the event of an emergency cancellation of class, please check Blackboard for further instructions. See http:// tac.nvcc.edu/blackboard/student / for more information on how to use Blackboard.
Canceled Classes: If class is canceled for any reason, the student is still responsible for the material due. Any quiz on that material might be given at the next class, in addition to the regularly scheduled quiz.
Campus classes are closed by division, day or evening. Sometimes day classes will meet and evening classes will be canceled or vice versa. The evening division starts with 4:30 p.m. classes.
Cheating:
The following will be considered cheating in this course:
a. The giving or receiving of aid on any graded assignments or test without specific permission of this instructor.
b. The use of any material on a graded assignment or test other than those authorized by this instructor.
c. Talking or discussion of any kind during a graded test without specific permission of this instructor.
4) Notes and suggestions and hints:
Last Day for Schedule Adjustments with Tuition Refund is ____________.
Last Day to Withdraw without Grade Penalty is _________.
Attendance will be taken at each class.
Check the course catalog first for questions.
Be sure to log onto Blackboard to follow assignments and current grade.
Expect to be asked to contribute to each class session.
Do not text-message during class.
When Your Business Professor says “Tomorrow” he means the next class meeting – not the next day.
It is normal and customary to wait for any late Professor for 20 minutes.
Draft Your Own Reference Letter .
Additional information and public speaking helps .
Refer your friends to take this business class.
Be sure to grade Your Business Professor at www.RateMyProfessors.com Key word search “Yoest”
Other exciting Business Division courses:
ACC 211 Accounting
BUS 165 Small Business Management
AST 107 Editing and Proofreading
BUS 200 Principles of Management
AST 236 Software Applications or IST 117
BUS 241-1 Business Law I and II
BUS 280 International Business
BUS 100 Introduction to Business
FIN 215 Financial Management
BUS 125 Applied Business Math
ITE 115 Intro to Computer Applications and Concepts
***
JACK YOEST
John Wesley (Jack) Yoest Jr., is a senior business mentor in high-technology, medicine, non-profit and new media consulting. His expertise is in management training and development, operations, sales, and marketing. He has worked with clients in across the USA, India and East Asia.
Mr. Yoest is an adjunct professor of management in the Science, Technology and Business Division of the Northern Virginia Community College.
He is also the president of Management Training of DC, LLC.
He has been published by Scripps-Howard, National Review Online, The Business Monthly, The Women’s Quarterly and other outlets. He was a columnist for Small Business Trends, and was a finalist in the annual 2006 Weblog Awards in the Best Business Blog category for Reasoned Audacity at www.yoest.org which covers the intersection of business, culture and politics. The blog has grown to receive over a million unique visitors in five years.
Mr. Yoest served as a gubernatorial appointee in the Administration of Governor James Gilmore in the Commonwealth of Virginia. During his tenure in state government, he acted as the Chief Technology Officer for the Secretary of Health and Human Resources where he was responsible for the successful Year 2000 (Y2K) conversion for the 16,000-employee unit.
He also served as the Assistant Secretary for Health and Human Resources, acting as the Chief Operating Officer of the $5 billion budget.
Prior to this post, Mr. Yoest managed entrepreneurial, start-up ventures, which included medical device companies, high technology, software manufacturers, and business consulting companies.
His experience includes managing the transfer of patented biotechnology from the National Institutes of Health to his client, which enabled the company to raise $25 million in venture capital funding.
He served as Vice President of Certified Marketing Services International, an ISO 9000 business-consulting firm, where he assisted international companies in human resource certification. And he also served as President of Computer Applications Development and Integration (CADI), the premier provider of software solutions for the criminal justice market. During his tenure, Mr. Yoest negotiated a strategic partnership with Behring Diagnostics, a $300 million division of Hoechst Celanese, the company’s largest contract.
Mr. Yoest served as a manager with Menlo Care, a medical device manufacturer. While at Menlo, Mr. Yoest was a part of the team that moved sales from zero to over $12 million that resulted in a buy-out by a medical division of Johnson & Johnson.
Mr. Yoest is a former Captain in the United States Army having served in Combat Arms. He earned an MBA from George Mason University and completed graduate work in the International Operations Management Program at Oxford University.
He has been active on a number of Boards and competes in 26.2-mile marathon runs.
Mr. Yoest and his wife, Charmaine Yoest, Ph.D., who is president and CEO of a public interest law firm, live in the Washington, DC area with their five children.
# # #
Drop with tuition refund census date – Jan 27, 2011
Withdrawal without grade penalty – March 25, 2011
5 December 2010
Practice Exam #2, Supervision, Concepts and Skill Building, Chapters 10 to 17
Practice exam and test questions for the final exam on December 13, 2010. There may be questions on the exam not listed here. The exam will be comprehensive — which might include questions from exam 1 on chapters 1 to 9.
Define and Discuss
Communication
Signal vs. Noise
List/review one rule for good listening
List/review one Aspect of Communication
Discuss Types of Messages
What is the best method to avoid miscommunication?
Review Formal and Informal Communication
Define Motivation
Motivation + ____________ = ___________
Discuss Maslow’s Esteem needs
Review Extrinsic and Intrinsic rewards
Review Theory X and Y on employee motivation
Job rotation
Pygmalion Effect
Insubordination
Counseling
Discipline
Praise in ___________; Reprimand in ____________.
List/discuss two guidelines for effective Discipline.
Perfectionism
Stress
Conflict
Compromise
Conflict Resolution
List/discuss one guideline/implementing change
Power
Discuss one Political Strategy
Discuss ‘Job Specification’
List/discuss one question an Interviewer may ask.
List/discuss one question an Interviewer may not ask.
Discuss orientation
Discuss/review ‘on-the-job training’
Discuss/review mentoring
Review/discuss one cause of poor employee performance
Review/discuss one quality of an effective performance appraisal measure
Review/discuss 360 degree feedback