Online Class: Business Management

The world of business management offers an array of career opportunities unparalleled among income earning possibilities. Our course takes you through some of the various requirements you may encounter while managing a business.

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$120.00 (with CEU Certificate)
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  • 11
    Lessons
  • 19
    Exams &
    Assignments
  • 5,108
    Students
    have taken this course
  • 9
    Hours
    average time
  • 0.9
    CEUs
 
 
 

Course Description

Introduction to Business Management

In today's rapidly evolving global economy, the field of business management presents an expansive and dynamic spectrum of career possibilities. Ranging from the depths of the mining industry to the intricate processes of waste disposal, nearly every sector demands proficient managers to oversee operations, ensuring profitability and growth.

Business management isn't just about overseeing tasks—it's an intricate dance of marrying analytical prowess with people skills, of understanding numbers as well as narratives. It's about leading teams with vision, making informed decisions, and navigating the challenges that come with running a venture, be it a small startup or a sprawling multinational corporation. Our course is meticulously designed to give you insights into the multifaceted world of business management, empowering you to stand out and succeed.

Course Overview:

  1. Business Basics (Lesson 1): Dive into the foundational elements of business. Understand the broader ecosystem, identify key players, and grasp the nuances of what makes a business tick.

  2. Financial Management (Lesson 2): Explore the heartbeat of any business—the finances. Discover the distinction between various forms of capital, learn the intricacies of debt versus equity financing, and grasp the importance of a well-structured business plan and a meticulously prepared budget.

  3. Legal and Regulatory Compliance (Lesson 3): In a world where businesses operate within legal frameworks, it's crucial to be aware of regulatory mandates. This lesson will guide you through essential legal considerations, ensuring that your venture remains compliant and protected.

  4. Personnel Management (Lesson 4): People are the lifeblood of any organization. Understand human resource strategies, the art of hiring, training, and retaining talent, and cultivate an environment that fosters growth and productivity.

  5. Sales Management (Lesson 5): Sales are the pillars of revenue. Delve into the sales cycle, nurture customer relationships, and master the art of pricing to drive profitability.

  6. Marketing Practices (Lesson 6): In the digital age, marketing has taken center stage. Grasp how sales and marketing functions synergize, learn contemporary marketing strategies, and engage customers like never before.

  7. Accounting Principles (Lesson 7): Financial accountability is paramount. Get acquainted with key accounting practices, financial statements, and tools that will ensure your business's fiscal health.

  8. Inventory Control (Lesson 8): Inventory management can make or break a business. Learn about inventory processes, effective control mechanisms, and ensure that supply meets demand.

  9. Taxes and Your Business Organization (Lesson 9): Taxation, often seen as intricate, is demystified in this lesson. Understand various business organizational structures and navigate tax requirements efficiently.

  10. Fulfillment (Lesson 10): Every sale is a promise. Learn the process from sales inquiry to delivery, ensuring customer satisfaction and building lasting relationships.

  11. Information Technology (Lesson 11): In our interconnected world, IT is the backbone of modern business. Grasp the significance of IT, its applications in business, and stay ahead in this digital era.

Additional Features: Each lesson comes equipped with assignments, exams, netlinks, and documents, ensuring a comprehensive learning experience. Engage with polls and surveys to provide feedback, aiding in continuous improvement of our curriculum.

By the culmination of this course, you'll not just have a theoretical understanding, but a practical grip on the essentials of business management. Enroll now and take a leap into the fascinating world of business, equipped with knowledge, skills, and confidence!

  • Completely Online
  • Self-Paced
  • Printable Lessons
  • Full HD Video  
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 
 

Course Lessons

Average Lesson Rating:
4.48 / 5 Stars (Average Rating)
"Extraordinarily Helpful"
(2,488 votes)

Lesson 1 : Business Basics

16 Points
Choosing a Business
Your Career Path, Self-Employment or Employee, Large vs. Small, The Independent Contractor, Internet Opportunities
Opening Your Doors: Startup Needs, Your Storefront, Now You Need Customers
  • Lesson 1 Video
  • Lesson discussions: Reasons for Taking this Course
  • Complete Assignment: An Introduction
  • Complete Assignment: Lesson 1: Basics of Business Management
  • Assessment: Quiz for Lesson 1 : Business Basics

Lesson 2 : Financial Management

15 Points
Capital: Startup, Growth
Borrowing Money: Debt, Equity
Pricing: Setting Price, Discounts / Returns
Budgeting: Fixed Costs, Operating Costs
  • Lesson 2 Video
  • Lesson discussions: Financing and Business Planning
  • Complete Assignment: Lesson 2: Financing and Significance of Business Planning
  • Assessment: Quiz for Lesson 2 : Financial Management

Lesson 3 : Legal and Regulatory Compliance

9 Points
Legal: Legal Issues vs. Ethical Issues
Compliance Issues: Safety, Discrimination
Regulatory Bodies: Federal Agencies, Interstate / International Regulation
  • Lesson 3 Video
  • Lesson discussions: Regulations and Legal Obligations
  • Assessment: Quiz for Lesson 3 : Legal / Regulatory Compliance

Lesson 4 : Personnel Management

15 Points
Hiring
Pre-Hire, The Interview, Hired – Now What?
Management: Wages, Schedules, Benefits, Personality Differences
Discipline: Warnings, Suspension, Reporting Offenses
Encouragement: Praise,
  • Lesson 4 Video
  • Complete Assignment: Lesson 4: Basics of Human Resources Management
  • Assessment: Quiz for Lesson 4 : Personnel Management

Lesson 5 : Sales Management

10 Points
Sales Cycle: Prospecting, Closing
  • Lesson 5 Video
  • Assessment: Quiz for Lesson 5 : Sales Management

Lesson 6 : Marketing Practices

14 Points
Mass Marketing : Collateral Materials, Advertising, Promotions, Direct Response, Building a Brand
  • Lesson 6 Video
  • Complete Assignment: Lesson 6: Marketing a Product
  • Assessment: Quiz for Lesson 6 : Marketing Practices

Lesson 7 : Accounting Principles

15 Points
Accounting: Do It Yourself, Should You Hire an Accountant?
  • Lesson 7 Video
  • Complete Assignment: Lesson 7: Accounting or Record Keeping
  • Assessment: Quiz for Lesson 7 : Accounting Principles

Lesson 8 : Inventory Control

5 Points
Management: Systems, Controls, Storage
  • Lesson 8 Video
  • Assessment: Quiz for Lesson 8 : Inventory Control

Lesson 9 : Taxes and Your Business Organization

14 Points
It's Tax Time!, Tax Preparation, Get a Professional
  • Lesson 9 Video
  • Complete Assignment: Lesson 9: Taxes and Organizational Structure
  • Assessment: Quiz for Lesson 9 : Taxes and Your Business Organization

Lesson 10 : Fulfillment

10 Points
Fulfillment/Delivery: Completing the Order, Website/Storefront/Delivery
  • Lesson 10 Video
  • Assessment: Quiz for Lesson 10 : Fulfillment

Lesson 11 : Information Technology

61 Points
Lesson 11: Information Technology
  • Lesson 11 Video
  • Lesson discussions: Course Curriculum; Program Evaluation Follow-up Survey (End of Course); Course Comments
  • Assessment: Quiz for Lesson 11 : Information Technology
  • Assessment: The Final Exam
184
Total Course Points
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Describe the basic functions needed to run a business.
  • Describe financial management systems within a business.
  • Describe personnel management within a business.
  • Summarize sales management within a business.
  • Describe common marketing practices within a business.
  • Describe the accounting principles of a business.
  • Describe inventory control, fulfillment, taxes, and organization of a business.
  • Describe the critical role of Information Technology in a business.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 

Additional Course Information

Online CEU Certificate
  • Document Your Lifelong Learning Achievements
  • Earn an Official Certificate Documenting Course Hours and CEUs
  • Verify Your Certificate with a Unique Serial Number Online
  • View and Share Your Certificate Online or Download/Print as PDF
  • Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media
Document Your CEUs on Your Resume
 
Course Title: Business Management
Course Number: 7550322
Lessons Rating: 4.48 / 5 Stars (2,488 votes)
Languages: English - United States, Canada and other English speaking countries
Availability: Available across all 50 U.S. states, this course includes key regions such as California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia. The course is also open in major English-speaking countries, including Australia, Canada, the UK, and Ireland.
Last Updated: December 2023
Course Type: Self-Paced, Online Class
CEU Value: 0.9 IACET CEUs (Continuing Education Units)
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.
Assessment Method: Lesson assignments and review exams
Syllabus: View Syllabus
Course Fee: $120.00 U.S. dollars

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Student Testimonials

  • "Instructor was very helpful in notifying of us of our grade immedietly after completing, this let me know how I was doing and what progress I was making." -- Robert B.
  • "Very good instructor, thank you." -- David H.
  • "All parts were helpful because they pertain to my job and what am currently doing. It has motivated me and improved my working skills." -- Geoffrey C.
  • "I enjoyed doing this course." -- Adriana T.
  • "All parts were well covered." -- Jerotich S.
  • "All parts helped me understand Business Management." -- Dawn C.
  • "It is a really good introduction course...It gives you good insights about general business management." -- Gokce C.
  • "I enjoyed taking the class. The instructor graded lessons quick, and was always available." -- Darnell B.
  • "All of this course was helpful to me, it added to my knowledge." -- Gakunga G.
  • "Very cooperative and friendly!" -- Jobharrison M.
View More Testimonials...
 

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