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Journal of Education for Business

ISSN: 0883-2323 (Print) 1940-3356 (Online) Journal homepage: http://www.tandfonline.com/loi/vjeb20

Persistent Themes in Colleges of Business

Cecil E. Bohanon

To cite this article: Cecil E. Bohanon (2008) Persistent Themes in Colleges of Business, Journal of Education for Business, 83:4, 239-245, DOI: 10.3200/JOEB.83.4.239-245

To link to this article: http://dx.doi.org/10.3200/JOEB.83.4.239-245

Published online: 07 Aug 2010.

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n฀ this฀ article,฀ I฀ examine฀ a฀ number฀ of฀issues฀in฀collegiate฀business฀edu-cation฀ that฀ emerged฀ during฀ the฀ early฀ years฀ of฀ business฀ schools,฀ roughly฀ from฀ 1900฀ to฀ 1930.฀After฀ providing฀ a฀ cursory฀history฀of฀the฀formation฀of฀col-leges฀of฀business,฀I฀examine฀four฀issues฀ of฀the฀era:฀curriculum฀content,฀claim฀of฀ the฀professional฀nature฀of฀business฀and฀ business฀ schools,฀ social฀ responsibility฀ of฀ corporate฀ managers,฀ and฀ the฀ desire฀ for฀ integration฀ of฀ the฀ business฀ cur-riculum.฀The฀ issues฀ were฀ not฀ resolved฀ during฀ the฀ period฀ and฀ have฀ persisted฀ as฀ continual฀ topics฀ in฀ collegiate฀ busi-ness฀education฀to฀this฀day.฀In฀the฀final฀ section,฀ I฀ offer฀ tentative฀ insights฀ as฀ to฀ what฀educators฀can฀conclude฀from฀this฀ historical฀exploration.฀

A฀Cursory฀History฀of฀Colleges฀of฀ Commerce

Colleges฀ of฀ commerce฀ and฀ business฀ began฀forming฀at฀U.S.฀universities฀in฀the฀ late฀ 19th฀ century.฀The฀Wharton฀ School฀ at฀ University฀ of฀ Pennsylvania฀ began฀ in฀ 1883.฀ Other฀ university-based฀ busi-ness฀ schools฀ were฀ established฀ before฀ 1900฀ at฀ the฀ University฀ of฀ Chicago,฀ the฀ University฀of฀California,฀the฀University฀ of฀ Ohio,฀ and฀ Columbia฀ University.฀ By฀ 1900,฀ schools฀ of฀ commerce฀ existed฀ at฀ Dartmouth฀ College,฀ the฀ University฀ of฀ Vermont,฀New฀York฀University,฀the฀Uni-versity฀of฀Michigan,฀and฀the฀University฀

of฀Wisconsin฀and฀were฀planned฀for฀the฀ University฀of฀Illinois฀and฀the฀University฀ of฀Iowa฀(James,฀1901).

Much฀ of฀ the฀ impetus฀ for฀ establish-ing฀the฀schools฀came฀from฀the฀business฀ community.฀ As฀ an฀ early฀ Wharton฀ pro- fessor฀pointed฀out,฀members฀of฀the฀Phil-adelphia฀ business฀ community฀ “did฀ not฀ see฀why฀their฀sons฀could฀not฀be฀learning฀ something฀bearing฀on฀their฀future฀busi-ness฀while฀acquiring฀a฀liberal฀education”฀ (James,฀1901,฀p.฀154).฀In฀Wisconsin,฀it฀ was฀ argued฀ that฀ many฀ of฀ the฀ best฀ high฀ school฀students฀in฀the฀state฀were฀going฀ directly฀ into฀ business฀ and฀ not฀ going฀ to฀ the฀state฀university.฀Other฀good฀students฀ were฀enrolling฀as฀special฀students฀at฀the฀ university,฀taking฀courses฀only฀relevant฀ to฀business฀and฀never฀bothering฀to฀com-plete฀a฀formal฀degree.฀By฀1900฀this฀was฀ seen฀ as฀ so฀ untenable฀ by฀ the฀ university฀ administration฀ that฀ a฀ commerce฀ col-lege฀ was฀ established฀ at฀ the฀ University฀ of฀ Wisconsin฀ (Scott,฀ 1913).฀ Laughlin฀ (1902)฀ argued฀ that฀ universities฀ should฀ develop฀ commerce฀ colleges฀ to฀ attract฀ able฀students.฀

It฀ was฀ also฀ noted฀ that,฀ increasingly,฀ university฀graduates฀were฀entering฀busi-ness.฀Of฀the฀Harvard฀class฀of฀1896,฀35%฀ developed฀a฀business฀career,฀whereas฀2฀ decades฀later,฀the฀percentage฀had฀risen฀to฀ 55%฀(Mears,฀1923).฀Universities฀estab-lished฀colleges฀of฀commerce฀in฀response฀ to฀an฀increased฀demand฀for฀commercial฀ education฀at฀the฀collegiate฀level.฀

Persistent฀Themes฀in฀Colleges฀of฀Business

CECIL฀E.฀BOHANON฀ BALL฀STATE฀UNIVERSITY฀ MUNCIE,฀INDIANA฀

I

ABSTRACT.฀In฀this฀article,฀the฀author฀

examines฀a฀number฀of฀issues฀in฀colleges฀of฀ commerce฀in฀their฀formative฀period฀from฀ 1900฀to฀1930.฀He฀discusses฀4฀areas:฀con-tent฀of฀business฀curriculum,฀professional฀ nature฀of฀business฀and฀business฀schools,฀ social฀responsibility฀of฀corporate฀managers,฀ and฀integration฀of฀the฀business฀curriculum.฀ Many฀of฀the฀topics฀are฀still฀important฀today฀ and฀can฀arguably฀be฀considered฀persistent฀ themes฀in฀colleges฀of฀business.

Keywords:฀business฀curriculum,฀business฀ education,฀curriculum฀integration,฀econom-ics,฀social฀responsibility฀of฀business

Copyright฀©฀2008฀Heldref฀Publications

VIEWPOINT

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Establishing฀ a฀ business฀ curriculum฀ was฀ met฀ with฀ hostility฀ and฀ resistance฀ at฀many฀universities.฀The฀study฀of฀busi-ness฀ was฀ seen฀ as฀ too฀ vocational฀ and฀ outside฀ the฀ spirit฀ of฀ liberal฀ education.฀ Deans฀of฀colleges฀of฀commerce฀seemed฀ to฀ continually฀ argue฀ that฀ their฀ institu-tions฀ were฀ not฀ trade฀ schools฀ (McCrea,฀ 1926).฀At฀ the฀ University฀ of฀ Wisconsin฀ in฀1900,฀many฀faculty฀members฀consid-ered฀accounting฀courses฀“unworthy฀of฀a฀ place฀ in฀ the฀ curriculum”฀ (Scott,฀ 1913,฀ p.฀131).฀By฀1913,฀there฀had฀been฀some฀ “breaking฀ down฀ this฀ faculty฀ prejudice”฀ (Scott,฀ p.฀ 131)฀ so฀ that฀ accounting฀ and฀ business฀ administration฀ courses฀ were฀ taught.฀ However,฀ none฀ of฀ these฀ cours-es฀ counted฀ for฀ general฀ credit฀ for฀ the฀ undergraduate฀bachelor’s฀degree฀(Scott,฀ 1913).฀As฀late฀as฀1928,฀a฀participant฀at฀ a฀roundtable฀discussion฀at฀a฀joint฀meet-ing฀ of฀ the฀American฀ Economics฀Asso-ciation฀and฀the฀American฀Association฀of฀ Collegiate฀ Schools฀ of฀ Business฀ stated,฀ “Which฀one฀of฀us฀has฀not฀heard฀the฀slur-ring฀remarks฀that฀truly฀cultural฀courses฀ are฀ not฀ found฀ in฀ the฀ college฀ of฀ com-merce”฀ (Bogart,฀ 1928,฀ p.฀ 74).฀ Distanc-ing฀itself฀from฀the฀label฀of฀commercial,฀ the฀ economics฀ curriculum฀ at฀ Amherst฀ stated฀ in฀ 1917฀ that฀ it฀ “considers฀ itself฀ under฀no฀obligation฀to฀meet฀vocational฀ or฀professional฀demands,฀either฀directly฀ or฀indirectly”฀(Hamilton,฀1917,฀p.฀2).

Curricular฀Responses฀to฀Hostility฀ Toward฀Business฀Courses฀

Desiring฀ a฀ place฀ in฀ the฀ university,฀ the฀ administrators฀ of฀ early฀ colleges฀ of฀ commerce฀ had฀ a฀ number฀ of฀ curricular฀ responses฀ to฀ the฀ unwelcoming฀ attitude฀ of฀those฀in฀more฀traditional฀quarters฀of฀ the฀university.฀

Liberal฀Arts฀Courses฀Outside฀฀ the฀College

course”฀ (Loos,฀ 1903,฀ p.฀ 462),฀ whereas฀ another฀“inveighed฀against฀useless฀edu-cation฀ and฀ pleaded฀ for฀ the฀ practical”฀ (Loos,฀p.฀463).฀The฀conference฀seemed฀ to฀conclude฀that฀the฀ideal฀business฀cur-riculum฀would฀be฀one฀with฀which฀60%฀ constituted฀the฀old฀classical฀curriculum,฀ with฀the฀remaining฀40%฀devoted฀to฀new฀ business฀studies฀(Loos).฀

The฀ specific฀ arrangement฀ of฀ the฀ nonbusiness฀ courses฀ varied.฀ The฀ Tuck฀ School฀ required฀ 3฀ years฀ of฀ general฀ undergraduate฀ work฀ in฀ the฀ liberal฀ arts฀ before฀ a฀ 4th฀ and฀ 5th฀ year฀ of฀ business฀ study฀(Person,฀1913).฀In฀contrast,฀Whar-ton฀offered฀commercial฀studies฀grouped฀ with฀ liberal฀ education฀ for฀ a฀ 4-year฀ period.฀ General฀ courses฀ in฀ economics,฀ politics,฀ and฀ sociology฀ were฀ all฀ given฀ in฀ the฀ Wharton฀ school,฀ and฀ “as฀ much฀ as฀ (they)฀ are฀ of฀ the฀ liberal฀ type฀ .฀ .฀ .฀ Wharton฀students฀get฀a฀strong฀infusion฀ of฀the฀traditionally฀cultural฀type฀of฀edu-cation”฀(McCrea,฀1913,฀p.฀113).฀At฀the฀ University฀of฀Chicago,฀the฀first฀2฀years฀ of฀ the฀ business฀ curriculum฀ emphasized฀ general฀ education฀ and฀ social฀ sciences.฀ This฀curriculum฀was฀shared฀with฀public฀ administration฀and฀social฀work฀students฀ (Marshall,฀1913).

Liberal฀Elements฀in฀Business฀ Curriculum฀

Another฀approach฀was฀to฀infuse฀the฀ commercial฀ courses฀ with฀ liberal฀ and฀ scientific฀elements,฀making฀them฀more฀ than฀mere฀descriptions฀of฀business฀phe- nomena.฀One฀prominent฀dean฀suggest-ed฀that฀“descriptive฀(business)฀courses฀ that฀ do฀ not฀ promise฀ to฀ be฀ analytical฀ should฀ be฀ replaced”฀ and฀ that฀ all฀ sub-jects฀ in฀ the฀ curriculum฀ must฀ “embody฀ scientific฀principles”฀(Hotchkiss,฀1920,฀ p.฀90).฀Another฀stated฀that฀“every฀busi-ness฀ course฀ shall฀ have฀ its฀ analytical฀ and฀ philosophical฀ phase”฀ (McCrea,฀

Preponderance฀of฀Social฀Science฀ and฀Economics฀Courses

Economics฀ was฀ often฀ seen฀ as฀ the฀ core฀of฀the฀commercial฀curriculum฀that฀ ensured฀its฀academic฀standing.฀An฀early฀ commentator฀described฀economics฀as฀a฀ “fundamental฀element”฀of฀a฀commercial฀ curriculum฀ and฀ argued฀ that฀ “the฀ man฀ who฀grapples฀in฀earnest฀with฀the฀prob- lems฀of฀economics฀will฀secure,฀if฀noth-ing฀ else,฀ a฀ mental฀ discipline”฀ (James,฀ 1901,฀pp.฀157–158).฀At฀Dartmouth,฀eco-nomics฀was฀the฀“foundation฀upon฀which฀ the฀ work฀ of฀ the฀ Tuck฀ school฀ is฀ based”฀ (Person,฀1913,฀p.฀117).฀Economics฀was฀ seen฀ by฀ some฀ educators฀ as฀ the฀ compo-nent฀ that฀ made฀ a฀ school฀ of฀ commerce฀ more฀than฀a฀trade฀school฀(Bogart,฀1928;฀ Dowrie,฀ 1928;฀ McCrea,฀ 1926).฀ In฀ the฀ words฀ of฀ one฀ commentator,฀ “Without฀ the฀presence฀of฀economics฀in฀some฀vital฀ form฀.฀.฀.฀the฀school฀of฀business฀is฀likely฀ to฀degenerate฀into฀a฀detailed฀description฀ of฀business฀organization฀and฀procedure฀ with฀no฀organizing฀principle”฀(McCrea,฀ 1926,฀p.฀222).฀

Many฀ have฀ affirmed฀ this฀ analogy:฀ Economics฀is฀to฀business฀what฀physics฀ or฀ mathematics฀ is฀ to฀ engineering,฀ or฀ what฀ biology฀ is฀ to฀ medicine฀ (James,฀ 1901;฀ Kiekhofer,฀ 1928;฀ Mears,฀ 1923).฀ However,฀ others฀ have฀ disagreed฀ with฀ such฀ a฀ characterization฀ (Bonbright,฀ 1926;฀ Howard,฀ 1917;฀ Marshall,฀ 1917).฀ Some฀ researchers฀ have฀ argued฀ that฀ the฀ social฀ implications฀ of฀ business฀ were฀ better฀covered฀in฀other฀disciplines,฀such฀ as฀political฀science฀or฀philosophy,฀than฀ in฀ economics฀ (Phillips,฀ 1926),฀ where-as฀ others฀ have฀ asserted฀ that฀ business฀ administration฀ would฀ likely฀ develop฀ into฀its฀own฀science฀separate฀from฀eco-nomics฀(Jones,฀1913).

Professional฀Nature฀of฀the฀ Business฀School

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the฀early฀schools฀of฀commerce฀(James,฀ 1901;฀Loos,฀1903;฀McCrea,฀1926).฀This฀ aspiration฀was฀at฀the฀heart฀of฀the฀newly฀ founded฀colleges฀of฀commerce฀in฀1900.฀ Although฀ not฀ dismissing฀ personal฀ gain฀ as฀ a฀ motive฀ for฀ the฀ business฀ student,฀ the฀ early฀ business฀ school฀ administra-tors฀ distanced฀ their฀ school฀ from฀ its฀ pursuit,฀insisting฀that฀public฀service฀be฀ upheld฀ as฀ the฀ ideal฀ of฀ business฀ edu-cation.฀ The฀ dean฀ of฀ the฀ University฀ of฀ Chicago฀ argued฀ that฀ schools฀ of฀ com-merce฀“missed฀their฀purpose฀if฀.฀.฀.฀[the]฀ money฀making฀side฀is฀permitted฀to฀have฀ a฀ruling฀hand”฀(Marshall,฀1913,฀p.฀101).฀ Marshall฀ (1913)฀ argued฀ that฀ especially฀ in฀ a฀ school฀ of฀ commerce,฀ the฀ “profes-sional฀ attitude”฀ (p.฀ 101)฀ is฀ constantly฀ tempted฀ by฀ “merely฀ a฀ moneymaking฀ attitude”฀(p.฀101)฀and฀that฀“eternal฀vigi-lance”฀(p.฀101)฀was฀necessary฀to฀ensure฀ that฀money฀making฀did฀not฀dominate฀in฀ schools฀of฀commerce.฀At฀the฀meeting฀of฀ the฀Association฀of฀Collegiate฀Schools฀of฀ Business฀ in฀ 1919,฀ the฀ leading฀ speaker฀ argued฀ that฀ public฀ responsibility฀ was฀ the฀ first฀ aim฀ that฀ “the฀ curriculum฀ of฀ a฀ collegiate฀ school฀ of฀ business฀ should฀ reflect”฀and฀that฀“sound฀business฀rather฀ than฀individual฀rewards฀is฀the฀first฀con-cern฀of฀a฀collegiate฀school฀of฀business”฀ (Hotchkiss,฀ 1920,฀ pp.฀ 89–90).฀ In฀ 1926฀ another฀ commentator฀ emphasized฀ that฀ money฀ making฀ must฀ not฀ be฀ allowed฀ to฀ overshadow฀cultural,฀social,฀and฀ethical฀ considerations฀(Phillips,฀1926).

However,฀ the฀ claim฀ that฀ colleges฀ of฀ commerce฀ were฀ professional฀ schools฀ was฀not฀uniformly฀accepted,฀even฀with-in฀ the฀ colleges฀ themselves.฀ A฀ member฀ of฀the฀college฀of฀commerce฀at฀the฀Uni-versity฀ of฀ Iowa฀ noted฀ that฀ given฀ the฀ popular฀usage฀of฀the฀term฀professional,฀ it฀was฀“difficult฀to฀understand฀how฀any฀ school฀ of฀ business฀ can฀ be฀ professional฀ in฀ character”฀ (Phillips,฀ 1926,฀ p.฀ 231).฀ Wooster฀ (1919)฀ of฀ the฀ University฀ of฀ Missouri฀ decried฀ that฀ the฀ college฀ of฀ commerce฀ “has฀ had฀ to฀ undertake฀ pro-fessional฀ training฀ for฀ nonpropro-fessional฀ pursuits”฀ (p.฀ 48).฀ He฀ argued฀ that฀ busi-ness฀ was฀ not฀ a฀ profession฀ because฀ it฀ had฀ little฀ in฀ terms฀ of฀ a฀ code฀ of฀ ethics฀ or฀ commitment฀ to฀ public฀ service฀ that฀ were฀the฀hallmarks฀of฀other฀professions.฀ Wooster,฀ however,฀ thought฀ that฀ busi-ness฀ could฀ establish฀ such฀ a฀ code฀ that฀ could฀ eventually฀ raise฀ it฀ to฀ a฀

profes-sional฀ status฀ and฀ saw฀ colleges฀ of฀ com-merce฀ essential฀ in฀ that฀ quest.฀ Wooster฀ said,฀“It฀is฀not฀impossible,฀however,฀that฀ business฀may฀become฀a฀profession”฀(p.฀ 48).฀ These฀ sentiments฀ were฀ echoed฀ in฀ an฀essay฀titled฀The฀Emerging฀Profession฀ of฀Business฀(Donham,฀1927a).

Recent฀ authors฀ in฀Harvard฀ Business฀ Review฀ argued฀ that฀ “business฀ schools฀ are฀ on฀ the฀ wrong฀ track”฀ (Bennis฀ &฀ O’Toole,฀ 2005,฀ p.฀ 1)฀ because฀ they฀ fail฀ to฀impart฀useful฀skills฀for฀actual฀work฀in฀ business.฀The฀authors฀attribute฀this฀state฀ of฀affairs฀to฀business฀schools฀adopting฀a฀ model฀of฀academic฀excellence฀that฀treats฀ business฀ disciplines฀ as฀ traditional฀ aca-demic฀fields.฀Under฀this฀model,฀faculty฀ members฀ focus฀ on฀ scientific฀ research฀ at฀ the฀ expense฀ of฀ practical฀ application.฀ The฀authors฀suggested฀that฀“business฀is฀ a฀ profession฀ akin฀ to฀ medicine฀ and฀ the฀ law”฀(Bennis฀&฀O’Toole,฀p.฀2)฀and฀that฀ business฀ schools฀ ought฀ to฀ reflect฀ this฀ by฀ being฀ more฀ willing฀ to฀ “deliberately฀ engage฀with฀the฀outside฀world”฀(Bennis฀ &฀O’Toole฀p.฀2).

Then,฀as฀now,฀this฀question฀arises:฀Are฀ business฀ schools฀ professional฀ schools?฀ The฀answer฀lies฀in฀what฀is฀meant฀by฀pro-fessional.฀Both฀then฀and฀now,฀a฀number฀of฀ criteria฀typically฀emerge.฀Wooster฀(1919)฀ argued฀ that฀ professions฀ were฀ modeled฀ after฀medieval฀craft฀guilds฀that฀required฀ extensive฀ periods฀ of฀ specific฀ training.฀ Moreover,฀the฀professional฀has฀definitive฀ ethical฀obligations฀to฀the฀public,฀his฀fel-low฀craftsmen,฀and฀his฀clients,฀and฀these฀ obligations฀are฀often฀counter฀to฀his฀pecu-niary฀ interests.฀ For฀ example,฀ Wooster฀ argued,฀a฀physician฀is฀often฀called฀on฀to฀ provide฀service฀when฀an฀epidemic฀arises฀ “for฀the฀public฀good฀.฀.฀.฀given฀freely฀and฀ without฀complaint”฀(p.฀49).฀

More฀ recently฀ Khurana,฀ Nohira,฀ and฀ Penrice฀ (2004)฀ argued฀ that฀ professions฀ have฀(a)฀common฀bodies฀of฀knowledge,฀ (b)฀ certification฀ procedures฀ affirming฀ the฀ acquisition฀ of฀ the฀ body฀ of฀ know-฀ ledge,฀ (c)฀ a฀ commitment฀ to฀ the฀ pub-lic฀ good,฀ and฀ (d)฀ an฀ enforceable฀ code฀ of฀ ethics.฀ Those฀ authors฀ went฀ further฀ and฀suggested฀that฀business฀and฀society฀ would฀ do฀ well฀ to฀ establish฀ clear฀ pro-fessional฀ status฀ for฀ business฀ managers,฀ although฀ they฀ were฀ vague฀ about฀ how฀ such฀ a฀ system฀ of฀ managerial฀ profes-sional฀ certification฀ and฀ public฀ control฀ would฀operate.฀

Although฀the฀two฀definitions฀of฀pro-฀ fessional ฀are฀85฀years฀apart,฀little฀sepa-rates฀them฀in฀terms฀of฀content.฀Moreover,฀ just฀as฀Wooster฀(1919)฀thought฀that฀busi- ness฀was฀a฀long฀way฀from฀being฀a฀pro-fession,฀Khurana฀et฀al.฀(2004)฀lamented฀ that฀ “In฀ comparing฀ management฀ with฀ the฀ more฀ traditional฀ professions฀ of฀ law฀ and฀ medicine฀ along฀ these฀ criteria,฀ one฀ inevitably฀finds฀it฀wanting”฀(p.฀3). ness฀ education.฀ Although฀ many฀ issues฀ are฀involved,฀a฀central฀question฀is฀this:฀ To฀ whom฀ do฀ corporate฀ officers฀ have฀ a฀ fiduciary฀ obligation?฀ Discussion฀ about฀ how฀ the฀ various฀ groups฀ that฀ interact฀ with฀a฀corporation฀are฀to฀be฀regarded฀by฀ corporate฀managers฀has฀been฀vigorous.

Economists฀such฀as฀Friedman฀(1970)฀ argued฀ that฀ corporate฀ executives฀ are฀ agents฀ of฀ the฀ shareholders,฀ duty฀ bound฀ to฀advance฀their฀interests฀over฀the฀exec-utive’s฀ own฀ personal฀ interest.฀ This฀ is฀ typically฀ accomplished฀ by฀ maximizing฀ the฀firm’s฀profits฀in฀a฀way฀that฀is฀subject฀ to฀ the฀ rules฀ of฀ business฀ as฀ outlined฀ by฀ legal฀ restraints฀ and฀ by฀ the฀ admonition฀ of฀forgoing฀the฀use฀of฀force฀and฀fraud฀in฀ business฀dealings.฀The฀use฀of฀corporate฀ resources฀to฀promote฀other฀social฀agen-das฀is฀a฀misappropriation฀of฀shareholder฀ wealth฀ and฀ an฀ unethical฀ indulgence฀ on฀ the฀part฀of฀the฀corporate฀manager.

This฀ view฀ is฀ often฀ identified฀ as฀ the฀

shareholder฀ theory฀ of฀ management฀ responsibility.฀ This฀ is฀ often฀ inaccurately฀ identified฀as฀a฀minimal฀ethic,฀as฀if฀putting฀ others’฀interest฀over฀one’s฀own฀and฀adher-ing฀to฀a฀code฀of฀transparency฀are฀morally฀ simple฀ tasks.฀ Its฀ critics฀ often฀ ignore฀ that฀ under฀ the฀ shareholder฀ theory,฀ corporate฀ managers฀do฀have฀responsibilities฀to฀cus-tomers,฀employees,฀and฀suppliers฀in฀their฀ decision฀making.฀Managers฀are฀restrained฀ by฀ law฀ and฀ contract฀ and—more฀ impor-tant—by฀ competitive฀ pressures.฀ Failure฀ to฀pay฀attention฀consistently฀to฀the฀inter-ests฀ of฀ these฀ other฀ parties฀ leads฀ to฀ legal฀ consequences฀or฀erosion฀of฀market฀share฀ that฀ directly฀ harms฀ the฀ long-run฀ interest฀ of฀ shareholders.฀ Smith’s฀ (1987)฀ “invis-ible฀ hand”฀ works฀ to฀ promote฀ a฀ balanced฀

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harmony฀of฀interests฀between฀sharehold-ers฀ and฀ other฀ corporate฀ constituencies฀ through฀the฀price฀and฀profit฀mechanisms.

In฀contrast,฀professors฀of฀management฀ such฀ as฀ Carroll฀ (1991)฀ and฀ Donaldson฀ and฀Preston฀(1995)฀have฀offered฀an฀alter-native฀ stakeholder฀ theory฀ of฀ corporate฀ responsibility.฀Under฀this฀approach,฀cor-porate฀ officers฀ have฀ an฀ explicit฀ obliga-tion฀not฀only฀to฀shareholders฀but฀also฀to฀ all฀ of฀ those฀ affected฀ by฀ corporate฀ deci-sion฀ making.฀ The฀ corporate฀ executive฀ becomes,฀in฀effect,฀the฀agent฀of฀all฀who฀ are฀affected฀by฀the฀corporation฀(the฀stake-holders)฀ is฀ duty฀ bound฀ to฀ advance฀ their฀ interests฀ over฀ his฀ own฀ personal฀ interest,฀ and฀ is฀ duty฀ bound฀ to฀ balance฀ the฀ inter-ests฀ among฀ the฀ different฀ groups.฀ In฀ this฀ view,฀ contractual,฀ legal,฀ and฀ competi-tive฀ restraints฀ are฀ not฀ enough฀ to฀ ensure฀ that฀ adequate฀ attention฀ is฀ paid฀ to฀ the฀ interests฀of฀nonshareholders฀affected฀by฀ corporate฀ decision฀ makers.฀ The฀ invis- ible฀hand฀is฀seen฀as฀generally฀nonopera-ees,฀ customers,฀ suppliers,฀ and฀ the฀ gen-eral฀ public.฀ Making฀ the฀ correct฀ tradeoff฀ between฀ the฀ shareholders’฀ interests฀ and฀ other฀ interests฀ is฀ the฀ essence฀ of฀ respon-sible฀management.฀

Although฀ the฀ terminology฀ varied,฀ the฀ issue฀ was฀ discussed฀ among฀ early฀ business฀ educators,฀ and฀ the฀ conflicts฀ between฀ perspectives฀ were฀ parallel฀ to฀ those฀ of฀ contemporary฀ positions.฀ One฀ early฀ leader฀ argued฀ that฀ administrators฀ of฀ colleges฀ of฀ commerce฀ should฀ try฀ to฀ influence฀ business฀ policy฀ to฀ ends฀ that฀ clearly฀went฀beyond฀instructing฀students฀ to฀ maximize฀ profits฀ for฀ shareholders฀ in฀ a฀ Friedman-like฀ way.฀ Jones฀ (1913)฀ of฀ the฀ University฀ of฀ Michigan฀ argued฀

of฀ stock-฀ and฀ bondholders฀ on฀ one฀ side,฀ and฀ the฀ wage฀ earning฀ classes฀ and฀ public฀ as฀consumers฀on฀the฀other.฀.฀.฀.฀This฀spe-cial฀ class฀ is฀ more฀ and฀ more฀ responsible฀ for฀ the฀ inauguration฀ and฀ execution฀ of฀ industrial฀and฀commercial฀policies.฀It฀is฀a฀ great฀opportunity฀of฀the฀college฀to฀assist฀ this฀ rising฀ profession฀ to฀ a฀ consciousness฀ of฀ itself,฀ to฀ help฀ it฀ realize฀ its฀ trusteeship฀ and฀ to฀ stimulate฀ it฀ to฀ conceive฀ itself฀ as฀ an฀intellectual฀aristocracy฀in฀the฀world฀of฀ affairs.฀(pp.฀187–188)

Jones฀concluded฀that฀the฀task฀for฀colleges฀฀ of฀ commerce฀ was฀ to฀ raise฀ the฀ tone฀ of฀ industry฀ by฀ setting฀ forth฀ new฀ ideals฀ of฀ efficiency,฀of฀distributive฀justice,฀and฀of฀ democracy฀“.฀.฀.฀[to]฀stimulate฀the฀ambi-tion฀ on฀ the฀ part฀ of฀ industrial฀ leaders฀ to฀ realize฀ these฀ newer฀ and฀ more฀ social฀฀ ideals฀ (as฀ opposed฀ to฀ the฀ desire฀ for฀ material฀acquisition)”฀(p.฀195).฀

Wooster฀(1919)฀argued฀that฀the฀hall-mark฀of฀a฀profession฀was฀a฀willingness฀ to฀ place฀ public฀ service฀ above฀ gain฀ and฀ argued฀ that฀ “the฀ principle฀ thing฀ neces-sary฀ to฀ make฀ a฀ profession฀ of฀ business฀ is฀ the฀ substitution฀ of฀ service฀ for฀ sell-ing฀ as฀ the฀ proper฀ end฀ of฀ business”฀ (p.฀ 52).฀Although฀recognizing฀that฀competi-tive฀ pressures฀ require฀ the฀ businessman฀ to฀ not฀ “slight฀ the฀ customer฀ too฀ much”฀ (Wooster,฀p.฀ 52)฀he฀argued฀that฀part฀of฀ the฀ purpose฀ of฀ business฀ education฀ was฀ “to฀tame฀the฀leopard฀before฀we฀set฀him฀ loose”฀(Wooster,฀p.฀59).

The฀ dean฀ of฀ the฀ Harvard฀ Business฀ School฀ argued฀ that฀ because฀ business฀ leaders฀ control฀ the฀ “mechanisms฀ of฀ material฀ wealth฀ of฀ modern฀ society”฀ (Donham,฀1927b,฀p.฀415),฀the฀objective฀ of฀ business฀ education฀ was฀ “the฀ multi-plication฀of฀men฀who฀will฀handle฀their฀ current฀business฀problems฀in฀a฀socially฀ constructive฀ way”฀ (Donham,฀ 1927b,฀ p.฀ 407).฀ The฀ corporate฀ executive฀ was฀ “to฀ consider฀ not฀ only฀ the฀ permanency฀ and฀ good฀standing฀of฀his฀institution฀but฀the฀ sound฀ stability฀ and฀ development฀ of฀ his฀

they฀might฀or฀might฀not฀approve,฀simply฀ because฀ he฀ feels฀ quite฀ apart฀ from฀ his฀ business฀ the฀ results฀ would฀ be฀ socially฀ desirable”฀(p.฀415).

There฀ was,฀ however,฀ another฀ discus-sion฀ that฀ was฀ more฀ in฀ line฀ with฀ the฀ shareholder฀view.฀One฀professor฀argued฀ that฀ the฀ objective฀ of฀ business฀ practice฀ was฀“not฀social฀service฀but฀private฀prof-it”฀ (Howard,฀ 1917,฀ p.฀ 106).฀Viewing฀ a฀ business฀organization฀as฀a฀set฀of฀social฀ relations,฀ he฀ distinguished฀ between฀ the฀ proprietors฀ of฀ a฀ business฀ organization฀ and฀ its฀ creditor,฀ employees,฀ purveyors,฀ and฀ others฀ that฀ in฀ contemporary฀ jar-gon฀ would฀ be฀ identified฀ as฀ stakehold-ers,฀ and฀ argued฀ that฀ “Successful฀ busi-ness฀administration฀is฀measured฀by฀the฀ .฀ .฀ .฀ maximum฀ of฀ ultimate฀ profit฀ for฀ the฀ proprietors”฀ (Howard,฀ p.฀ 106).฀ He฀฀ argued฀ that฀ the฀ “science฀ of฀ business฀ is฀ the฀science฀of฀profit-making”฀(Howard,฀ p.฀109)฀and฀that฀this฀was฀the฀domain฀of฀ business฀education.฀He฀recognized฀that฀ deviations฀ from฀ profit฀ maximization,฀ either฀ as฀ social฀ policy฀ or฀ as฀ individual฀ choice,฀were฀possible฀but฀that฀they฀were฀ not฀the฀domain฀of฀business฀study฀but฀of฀ political฀ economy,฀ sociology,฀ religion,฀ and฀ethics฀(Howard).

Another฀ professor฀ at฀ a฀ panel฀ discus-sion฀ distinguished฀ between฀ the฀ view฀ that฀the฀business฀curriculum฀“should฀be฀ designed฀ .฀ .฀ .฀ to฀ teach฀ students฀ how฀ to฀ make฀the฀most฀money฀in฀their฀business฀ careers”฀ (Bonbright,฀ 1926,฀ p.฀ 234)฀ in฀ comparison฀ with฀ one฀ that฀ would฀ teach฀ how฀to฀run฀industry฀from฀“the฀point฀of฀ view฀ of฀ the฀ public฀ interest”฀ (p.฀ 234).฀ He฀called฀the฀first฀the฀“acquisitive฀test”฀ (234)฀ and฀ the฀ second฀ the฀ “social฀ test”฀ (234).฀Arguing฀ that฀ the฀ social฀ test฀ was฀ “a฀ very฀ vague฀ and฀ ill-defined฀ concept”฀ (Bonbright,฀ p.฀ 234),฀ he฀ proceeded฀ to฀ defend฀ the฀ acquisitive฀ curriculum฀ in฀ light฀ of฀ the฀ “mean฀ and฀ slurring฀ com-ments”฀ (p.฀ 235)฀ that฀ other฀ panel฀

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ers฀down฀to฀the฀last฀farthing฀or฀who฀says฀ mean฀things฀to฀his฀stenographer฀may฀be฀ richer฀next฀year,฀but฀in฀ten฀years฀he฀will฀ be฀a฀pauper”฀(Bonbright,฀p.฀236).

Bonbright฀ (1926)฀ lampooned฀ the฀ social฀ concept฀ of฀ business฀ education฀ that฀“taught฀business฀men฀to฀make฀deci-sions฀ not฀ merely฀ on฀ their฀ reactions฀ on฀ his฀pocket฀book”฀(p.฀241).฀How฀could฀a฀ business฀ graduate฀ decide,฀ for฀ example,฀ whether฀to฀become฀a฀stockbroker฀or฀to฀ sell฀fruit฀on฀the฀basis฀of฀a฀social฀test?฀

On฀one฀hand,฀he฀needs฀to฀know฀all฀about฀ the฀ theory฀ of฀ stock฀ speculation฀ and฀ its฀ social฀ utility฀ and฀ disutility.฀ On฀ the฀ other฀ hand,฀he฀should฀have฀accurate฀information฀ about฀the฀nutritive฀value฀of฀bananas,฀and฀ he฀should฀also฀be฀in฀a฀position฀to฀weigh฀ critically฀ the฀ possible฀ incidental฀ results฀ of฀his฀business,฀such฀as฀those฀that฀might฀

In฀ the฀ past฀ 20฀ years฀ or฀ so,฀ colleg-es฀ of฀ business฀ have฀ made฀ a฀ persistent฀ effort฀ to฀ promote฀ curriculum฀ integra-tion.฀ Although฀ the฀ definition฀ of฀ cur-riculum฀ integration฀ may฀ vary,฀ the฀ idea฀ is฀that฀business฀schools฀should฀inculcate฀ their฀ students฀ in฀ a฀ “broad฀ understand-ing฀of฀how฀the฀functions฀work฀together฀ in฀ a฀ business฀ enterprise”฀ (Stover,฀ Mor-ris,฀Pharr,฀Reyes,฀&฀Byers,฀1997,฀p.฀1).฀฀ Business฀ education,฀ it฀ is฀ argued,฀ has฀ been฀ relegated฀ to฀ departmental฀ silos฀ where฀students฀receive฀excellent฀training฀ in฀ selective฀ functional฀ business฀ disci-plines—such฀as฀accounting,฀marketing,฀ or฀ production—but฀ fail฀ to฀ see฀ the฀ big฀ picture฀of฀how฀functional฀business฀areas฀ fit฀together.฀Collegiate฀business฀schools฀ have฀ implemented฀ various฀ models฀ to฀ promote฀curriculum฀integration,฀ranging฀ from฀ extensive฀ curriculum฀ redesign฀ to฀ the฀ introduction฀ of฀ common฀ themes฀ in฀ the฀ curriculum฀ (Cannon,฀ Klein,฀ Koste,฀ &฀Magal,฀2004).

It฀ is฀ often฀ argued฀ that฀ curriculum฀ integration฀is฀a฀by-product฀of฀changing฀ business฀ conditions.฀ Because฀ of฀ the฀ increasingly฀ dynamic฀ nature฀ of฀ com-mercial฀ enterprises,฀ businesses฀ have฀ moved฀ from฀ function-based฀ organiza-tional฀ structures.฀ The฀ university฀ busi-ness฀curriculum,฀however,฀is฀still฀mired฀ in฀ a฀ functional฀ mentality.฀The฀ modern฀

curriculum฀ must฀ be฀ more฀ integrated฀ to฀ meet฀ current฀ demands฀ of฀ business฀ (Cannon฀et฀al.,฀2004;฀Hartenian,฀Schel-lenger,฀&฀Fredrickson,฀2001;฀Stover฀et฀ al.,฀1997).฀This฀suggests฀that฀demands฀ for฀ curriculum฀ integration฀ are฀ primar-ily฀ driven฀ by฀ contemporary฀ business฀ conditions.฀ However,฀ a฀ reading฀ of฀ the฀ literature฀ describing฀ the฀ forma-tive฀ years฀ of฀ university-based฀ schools฀ of฀ commerce฀ indicates฀ that฀ the฀ early฀ business฀ schools฀ were฀ aware฀ of฀ the฀ integration฀ issue.฀ Then,฀ as฀ now,฀ dif-ferent฀ methods฀ were฀ used฀ to฀ promote฀ integration.฀ However,฀ the฀ demand฀ for฀ broad฀ integrative฀ thinking฀ by฀ busi-ness฀graduates฀is฀not฀particularly฀a฀by-฀ product฀ of฀ contemporary฀ business฀ trends฀ (although฀ such฀ trends฀ may฀ accentuate฀the฀demand)฀but,฀rather,฀an฀ inherent฀component฀of฀any฀sound฀col-legiate฀business฀education฀curriculum.฀ At฀ the฀ first฀ meeting฀ of฀ the฀ Associ-ated฀ Collegiate฀ Schools฀ of฀ Business฀ in฀ 1919,฀Willard฀E.฀Hotchkiss,฀who฀served฀ as฀ dean฀ at฀ a฀ number฀ of฀ early฀ schools฀ of฀commerce,฀outlined฀the฀elements฀he฀ thought฀appropriate฀for฀the฀curriculum.฀ In฀ Hotchkiss’฀ view,฀ the฀ freshman฀ and฀ sophomore฀years฀of฀the฀business฀student฀ should฀ be฀ composed฀ of฀ a฀ prebusiness฀ course฀ of฀ study.฀ This฀ should฀ include฀ a฀ large฀ component฀ of฀ liberal฀ education฀ and฀ what฀ we฀ would฀ today฀ call฀ foun-dational฀ courses฀ in฀ business,฀ such฀ as฀ economics,฀ accounting,฀ and฀ statistics฀ (Hotchkiss,฀1920).

This฀ should฀ be฀ followed฀ by฀ a฀ more฀ specialized฀ curricula—because฀ a฀ num-ber฀of฀alternative฀courses฀of฀study฀could฀ be฀ pursued—in฀ the฀ junior฀ and฀ senior฀ years.฀ Each฀ of฀ those฀ curricula฀ should฀ begin฀ with฀ a฀ discipline-specific฀ survey฀ course.฀Although฀the฀course฀was฀to฀be฀in฀ the฀ specific฀ discipline,฀ the฀ point฀ of฀ the฀ course฀was฀not฀to฀be฀discipline฀specific.฀ Rather,฀ he฀ argued฀ that฀ the฀ important฀ component฀of฀each฀of฀the฀survey฀cours-es฀lay฀in฀developing฀the฀habits฀of฀mind฀ conducive฀to฀a฀broad฀view฀of฀business:

The฀idea฀of฀the฀survey฀then฀is฀not฀to฀give฀ the฀student฀an฀insight฀into฀all฀the฀subjects฀ he฀ may฀ have฀ occasion฀ to฀ use,฀ but฀ rather฀ to฀give฀him฀samples฀coming฀from฀a฀wide-enough฀ range฀ of฀ subjects฀ whose฀ content฀ is฀pertinent฀to฀his฀problem฀so฀that฀he฀will฀ develop฀ the฀ habit฀ of฀ following฀ collateral฀ as฀well฀as฀direct฀lines฀of฀inquiry.฀The฀fact฀ that฀ a฀ student฀ has฀ been฀ unable฀ to฀ take฀ a฀

course฀in฀transportation฀would฀not฀neces- sarily฀imply฀that฀he฀would฀omit฀transpor-tation฀ phases฀ in฀ analyzing฀ a฀ problem฀ in฀ marketing.฀(Hotchkiss,฀p.฀100)

In฀current฀jargon,฀Hotchkiss฀called฀for฀ the฀survey฀course฀to฀provide฀curriculum฀ integration฀and฀develop฀critical-thinking฀ skills.฀ A฀ second฀ case฀ of฀ early฀ integra-tion฀awareness฀and฀efforts฀was฀outlined฀ by฀Wallace฀B.฀Donham฀(1922),฀dean฀of฀ the฀ Harvard฀ School฀ of฀ Commerce.฀ He฀ extolled฀the฀pedagogical฀virtues฀of฀case฀ studies฀ in฀ graduate฀ business฀ education฀ (a฀method฀still฀associated฀with฀Harvard฀ Business฀ School).฀ He฀ noted,฀ however,฀ that฀ after฀ the฀ first฀ year฀ of฀ foundational฀ and฀functional฀courses

the฀ typical฀ first-year฀ man฀ at฀ the฀ end฀ of฀ the฀year฀seemed฀to฀have฀studied฀individ-ual฀courses฀with฀little฀conception฀of฀their฀ interrelation.฀ Accounting฀ was฀ .฀ .฀ .฀ sim-ply฀accounting,฀and฀finance฀only฀finance.฀ There฀was฀no฀clear฀understanding฀of฀the฀ usefulness฀ of฀ factory฀ management฀ train-ing฀ for฀ the฀ accountant.฀ He฀ wished฀ in฀ far฀ too฀many฀cases฀to฀make฀himself฀a฀narrow฀ specialist.฀(Donham,฀1922,฀p.฀63)

Donham฀(1922)฀indicated฀that฀the฀prob-lem฀was฀resolved฀with฀a฀business฀policy฀ course฀ that฀ was฀ given฀ in฀ the฀ 2nd฀ year฀ of฀ the฀ curriculum฀ but฀ asserted฀ that฀ an฀ integrated฀view฀ought฀to฀be฀presented฀in฀ the฀1st฀year,฀and฀he฀offered฀a฀method฀to฀ accomplish฀that฀end:

Yet฀there฀is฀a฀great฀need฀that฀men฀should฀ from฀ the฀ beginning฀ of฀ their฀ work฀ build฀ toward฀ a฀ coordinated฀ structure฀ of฀ train-ing฀ rather฀ than฀ toward฀ isolated฀ units฀ whose฀ interrelationship฀ is฀ beyond฀ their฀ vision.฀ In฀ the฀ effort฀ to฀ bring฀ about฀ this฀ coordination฀we฀give฀the฀first-year฀class฀ immediately฀ after฀ their฀ arrival฀ a฀ very฀ complicated฀business฀case฀which฀should฀ for฀its฀solution฀depend฀upon฀the฀subject฀ matter฀of฀a฀large฀part฀of฀the฀courses฀given฀ in฀the฀school.฀Of฀course฀such฀a฀problem฀ is฀ beyond฀ the฀ capacity฀ of฀ every฀ man฀ in฀ the฀ class.฀ It฀ nevertheless฀ is฀ presented฀ for฀ their฀ consideration฀ and฀ after฀ careful฀ study฀by฀them฀discussed฀by฀the฀instruc-tor.฀ This฀ discussion฀ serves฀ as฀ an฀ object฀ lesson฀ in฀ the฀ preliminary฀ analysis฀ of฀ a฀ complicated฀ business฀ problem,฀ and฀ at฀ the฀same฀time฀brings฀out฀the฀relation฀of฀ the฀ problem฀ to฀ the฀ different฀ courses.฀ In฀ this฀way฀the฀student฀at฀once฀realizes฀how฀ the฀individual฀courses฀in฀the฀school฀work฀ together฀as฀a฀preparation฀of฀a฀solution฀of฀ a฀ single฀ executive฀ problem฀ while฀ at฀ the฀ same฀ time฀ he฀ acquires฀ a฀ more฀ adequate฀ conception฀of฀the฀general฀and฀interlock-ing฀ nature฀ of฀ business฀ problems.฀ (Don-ham,฀1922,฀pp.฀63–64)

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Although฀ described฀ in฀ dated฀ lan-guage,฀ the฀ problems฀ that฀ Donham฀ (1922)฀and฀Hotchkiss฀(1920)฀considered฀ the฀ changing฀ business฀ world.฀ Perhaps฀ an฀integrated฀curriculum฀is฀the฀manifes-tation฀of฀the฀persistent฀value฀of฀a฀broad,฀ liberal,฀ and฀ interconnected฀ course฀ of฀ study฀in฀collegiate฀business฀education.

Conclusion

Many฀ of฀ the฀ issues฀ that฀ colleges฀ of฀ business฀face฀today฀are฀the฀same฀as฀those฀ faced฀in฀the฀early฀part฀of฀the฀20th฀cen-tury.฀The฀same฀issues฀will฀likely฀be฀with฀ business฀ schools฀ in฀ the฀ 22nd฀ century.฀ From฀the฀earlier฀educators฀of฀business,฀ two฀ conclusions฀ and฀ one฀ admonition฀ readily฀ arise:฀ First,฀ collegiate฀ business฀ education฀is฀part฀of฀a฀general฀university฀ education.฀ Business฀ students฀ at฀ univer-sities฀and฀colleges฀have฀always฀and฀will฀ always฀be฀“learning฀something฀bearing฀ on฀their฀future฀business฀while฀acquiring฀ a฀ liberal฀ education”฀ (James,฀ 1901,฀ p.฀ 154).฀This฀implies฀not฀only฀that฀much฀of฀ their฀coursework฀will฀inevitably฀be฀out-side฀ the฀ business฀ college,฀ but฀ also฀ that฀ business฀ courses฀ must฀ be฀ disciplined,฀ analytically฀rigorous,฀and฀beyond฀mere฀ descriptions฀ of฀ business฀ phenomena.฀ These฀ were฀ the฀ aspirations฀ of฀ the฀ first฀ generation฀ of฀ business฀ educators.฀ This฀ was฀reinforced฀50฀years฀later฀when฀the฀ Carnegie฀ report฀ on฀ collegiate฀ business฀ education฀entreated,฀“Both฀undergradu-ate฀and฀graduate฀course฀works฀needs฀to฀ be฀ kept฀ in฀ a฀ broad฀ context฀ and฀ limited฀ to฀ problems฀ of฀ solid฀ analytical฀ con-tent”฀ (Pierson,฀ 1959,฀ p.฀ xi).฀ Although฀ the฀ exact฀ blend฀ between฀ the฀ practical฀ and฀the฀liberal฀will฀always฀evolve,฀both฀

sional฀ in฀ the฀ strict฀ sense฀ of฀ the฀ term.฀ Perhaps฀ it฀ is฀ time฀ to฀ ask:฀ So฀ what?฀ Business฀schools฀should฀think฀of฀them-selves฀ as฀ academic฀ hybrids.฀ Parts฀ of฀ the฀business฀school฀curriculum,฀notably฀ economics฀and฀finance฀courses,฀are฀aca-demic฀in฀nature.฀Other฀components฀such฀ as฀ accounting฀ and฀ certain฀ specialized฀ coursework฀in฀management฀(e.g.,฀human฀ resources)฀ are฀ professional฀ or฀ quasi-professional฀ in฀ nature.฀ Others฀ such฀ as฀ communications฀ and฀ technical฀ courses฀ are฀ somewhere฀ between฀ the฀ two฀ and฀ aptly฀ considered฀ vocational.฀ So฀ what?฀ Business฀schools฀have฀been฀around฀for฀a฀ century.฀Do฀they฀need฀to฀make฀extraor-dinary฀ claims฀ of฀ professional฀ status฀ to฀ justify฀their฀presence฀in฀a฀university฀set-ting?฀ Such฀ self-confident฀ clarity฀ might฀ do฀ much฀ to฀ improve฀ interdepartmental฀ and฀intercollegial฀relationships.

Last,฀ an฀ admonition฀ arises.฀ Contem-porary฀ business฀ colleges฀ are฀ subject฀ to฀ demands฀for฀change฀from฀both฀internal฀ and฀external฀constituencies฀and฀accredi-tations฀agencies฀on฀any฀number฀of฀issues.฀ Although฀such฀pressure฀is฀undoubtedly฀ necessary฀and฀usually฀healthy,฀it฀would฀ be฀ useful฀ if฀ the฀ proponents฀ of฀ reform฀ adopted฀ the฀ scholarly฀ habit฀ of฀ review-ing฀the฀history฀of฀the฀issue฀in฀business฀ education.฀ This฀ would฀ serve฀ the฀ two-fold฀purpose฀of฀helping฀the฀advocates฀of฀ change฀ to฀ better฀ understand฀ and฀ refine฀ their฀position฀and฀simultaneously฀giving฀ their฀claim฀increased฀legitimacy.

If฀an฀advisory฀board฀member฀of฀a฀col-lege฀ of฀ business฀ wants฀ to฀ make฀ a฀ case฀ that฀students฀are฀deficient฀in฀their฀writing฀ skills฀and฀that฀the฀faculty฀and฀administra-tion฀of฀the฀college฀should฀do฀something฀ about฀ it,฀ the฀ board฀ member’s฀ case฀ and฀ credibility฀ would฀ be฀ enhanced฀ if฀ he฀ or฀ she฀documented฀the฀problems฀of฀student฀ writing฀in฀colleges฀of฀business฀over฀time.฀ Of฀course,฀this฀would฀require฀a฀broader฀ knowledge฀ of฀ the฀ history฀ of฀ business฀

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