Business@FHU
An e-newsletter of the School of Business
 at
Freed-Hardeman University

Spring 2004                                                                                                                        Volume 1, Number 3


 

In This Issue

·    Business Team Wins

·    SAM Team Takes 2nd

·    John Brown Speaks at BKBC

·    Intern to Singapore

·    ACBSP Reaffirmation

Mission Statement
The mission of the School of Business is to glorify God by providing a student-centered education that prepares graduates for service to Christ as business professionals.

FHU Faculty Listing
Rickey A. Brooks, D.A.
Richard T. Brown, Ph.D., PCM
James Q. Edmonds, J.D.
C. Ray Eldridge, D.B.A., CQM
Lee E. Hibbett, M.B.A. , PCM
Vicki M. Johnson, Ed.D., CPS
Judy M. McKenzie, M.S., CPA
Michael H. Oliver, D.B.A., CPA
Garey B. Perkins, Ph.D.
James G. Shelton, Ph.D., CPA
Keith W. Smith, Ph.D., CPA
Dwayne H. Wilson, Ph.D.

New Alpha Chi Members
Abby Miller – Public Acct.
Chris Dean – Finance

Distinguished Professor Award

Jim Shelton, associate professor of accounting and business ethics, has been named a Distinguished Professor by the Freed-Hardeman University Board of Trustees.  Shelton is a native of Kensett, Arkansas, holds the PhD in accountancy from the University of Mississippi, and has taught at Freed-Hardeman since 1991.
 

Laura Hayes Promoted
Laura Hayes, a 2002 graduate in marketing, has been promoted by AIM Healthcare Service to Assistant Regional Director for East Tennessee

New CPA
Jamie Pugh, a 2001 graduate of the School of Business, passed the November 2004 CPA Examination.  Jamie works as an accountant for Arnold, Spain, Truett & Hewitt in Jackson, Tennessee.
 

Contact Us
158 East Main Street
Henderson, TN 38340

731-989-6091
jedmonds@fhu.edu

Visit Us on the Web
www.fhu.edu/soBus/index.asp



From the Dean

Spring is a beautiful time on the Freed-Hardeman campus. As we enjoy the warmer weather, we all – faculty and students – battle spring fever. With less than a month remaining in the semester, there is a lot of activity as everyone scrambles to catch up on or finish various projects.

 

The School of Business has enjoyed an excellent school year. We have been able to launch several new initiatives as we strive to utilize the Brown-Kopel Business Center. Student teams have competed well and come home with significant honors. We conducted a very successful ACBSP self-study and hosted a visiting team. Our visitors were especially complimentary regarding our ongoing success in accomplishing our mission. The business school is blessed to have a dedicated, well-prepared faculty, and the visiting team recognized this as a strength of our program. The visiting team also offered several suggestions for ways we might improve our program. We will be carefully studying how we can implement these suggestions in the coming months.

 

We continue to appreciate the support and encouragement we receive from friends and alumni. You are an important part of the School of Business family, and we invite your input and visits.

 

Jim Edmonds

Dean, FHU School of Business


SAM Team Takes 2nd in National Competition

The FHU Society for Advancement of Management (SAM) chapter was resurrected in the School of Business this past fall after several years of inactivity. The SAM chapter has been instrumental in bringing business people to campus and allowing business students to interact and learn more about management career opportunities from organizations such as Proctor & Gamble, FedEx, Union Planters, Porter-Cable, Mid-States Electric and others.

 

For the first time at FHU, the SAM chapter formed a management case competition team and over spring break competed with 28 other colleges and universities in the 20th Annual Case Competition held this year in Baltimore, MD. The team won 2nd place for the undergraduate division and was presented the "Joseph L. Bush" plaque.

 

The competition director, Jim E. Stewart, Associate Dean, Francis E. Girard School of Business & International Commerce at Merrimack College stated "Congratulations go to your team, very few have made it to the top three in their first time out."

 

The team members are: Tiffini Aspden, Daniel Gooch, Beverly Means, Brian Peacock, and Kathleen Richard.

 

In addition, Daniel Gooch was one of only ten students selected nationally for the SAM "Outstanding Student Award" and Kathleen Richard was one of only four students elected to serve as student representative to the 2004/05 SAM Board of Directors.

 

In February the team had been given a real business case involving cross-border sales of prescription drugs. The group spent six weeks developing a strategy they would recommend to the company. “All the research had to be on their own. They had to research the company, the industry, the legislation, all the current events, and then put together a plan, which they would present to a panel of judges,” said the team’s faculty sponsor, Ray Eldridge.

           

Eldridge said that following the presentation, judges drilled the team extensively on such factors as strategy, legal restraints, cost barriers, logistics of implementing a solution, and real-life issues. “It was very comprehensive in testing their business management knowledge.”

 

FHU Business Team Wins in San Diego
For the second time in only four attempts, the Freed-Hardeman University Business Team has won The International Collegiate Business Strategy Competition in San Diego, California.  This year’s team consisted of Jenny Ary (Public Accounting), Follin Childs (Public Accounting), Sarah Decker (Management), Ashley McAdams (Public Accounting), and Amber Stanfill (Public Accounting).  The team’s sponsor is Dr. Mike Oliver.

 

This year’s team went head-to head with Harding University, Mount Vernon Nazarene College, Oklahoma Christian University, Southern Nazarene University, and the University of Portland.  Southern Nazarene and Oklahoma Christian finished second and third, respectively.

Over the years the number of participating business-student teams has grown from nine teams in the mid 60s to 30 to 35 teams in recent years. The geographic scope of the competition has expanded from the
Western United States to include teams from Asia, Australia, Europe, Latin America, and the Middle East as well as from all parts of the USA. The competition has been hosted by the University of Nevada, Reno; by the University of Nevada, Las Vegas; by San Jose State University and by the University of San Diego.

 

Stryker Chief Speaks

John Brown, Chairman and CEO of Stryker Corporation, was the featured speaker at the school’s first Business Forum on February 19. Brown discussed his 27-year career at Stryker, a Fortune 500 company that develops, manufactures, and markets specialty surgical and medical products for the global market. Brown described the remarkable growth experienced by Stryker, which has grown at an annual rate of more than 25 percent for 20 years. The company’s ethical code is simple, according to Brown: “Don’t lie, don’t steal, don’t cheat.” Brown’s final piece of advice for the audience – “Be very good at what you’re doing – really do a good job because it will lead you to opportunities.”

 

At the end of the evening’s activities, Jenny Ary, a senior public accounting major, presented gifts to John and Rosemary Brown on behalf of the School of Business in recognition of their outstanding financial support of the Brown-Kopel Business Center.

 

Singapore Intern Kathleen Richard

Kathleen Richard, a Business Management student, has been selected for the prestigious management internship program in Singapore. The program is conducted by Syracuse University, and the student receives six undergraduate credits for a six-week internship.

 

Selection is competitive and open to undergraduate students throughout the U.S. Students are assigned to real business management projects in an international and cross cultural environment. Previous business sponsors have included Singapore Airlines, Kodak, Eli-Lily, Yahoo!, Maybank, Hyatt, Asian Education Consortium, Hewlett Packard, Chase Manhattan, Federal Express, and the Port of Singapore Authority.

 

Singapore has been described as the world's most competitive economy. American companies have substantial operations in Singapore to meet Asian competition in international markets.

 

Disney Internship for Nick Bruce

Nick Bruce, an accounting and management student, has been selected to participate in the Walt Disney World College Program in Orlando, Florida. The program offers students outstanding learning opportunities as they gain valuable experience working in one of a wide variety of roles available with this Fortune 100 company and service-industry leader. Bruce will complete two college courses while at Disney, as well as receiving six hours credit for his internship.

 

ACBSP Reaffirmation Status

The programs in the School of Business have been accredited by the Association of Collegiate Business Schools & Programs (ACBSP) since 1994. During the last year, a self-study was completed in preparation for our 10-year reaffirmation of accreditation visit. We hosted a visiting team comprised of three business faculty members from other ACBSP schools February 22-25. The overall report of the team was very favorable, and we look forward to the reaffirmation of our ACBSP accreditation this summer.

MIS Major Approved
Beginning Fall 2004, a new B.B.A. major in Management Information Systems will be offered. This 24-hour major requires the following courses:

            CIS 171 Computers and Programming I

            CIS 267 Visual Applications Programming I

            MIS 322 Business Data Communications

            MIS 323 Business Systems Analysis and Design

            MIS 324 Database Systems

            MIS 425 Web Architecture and Development

            MIS 426 Systems Implementation

            MGT 441 Operations Management