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
 

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.
 
 

Assessment Guide

Assessment Points
An Introduction 1 points
Lesson 1: Basics of Business Management 5 points
Quiz for Lesson 1 : Business Basics 10 points
Lesson 2: Financing and Significance of Business Planning 5 points
Quiz for Lesson 2 : Financial Management 10 points
Quiz for Lesson 3 : Legal / Regulatory Compliance 9 points
Lesson 4: Basics of Human Resources Management 5 points
Quiz for Lesson 4 : Personnel Management 10 points
Quiz for Lesson 5 : Sales Management 10 points
Lesson 6: Marketing a Product 5 points
Quiz for Lesson 6 : Marketing Practices 9 points
Lesson 7: Accounting or Record Keeping 5 points
Quiz for Lesson 7 : Accounting Principles 10 points
Quiz for Lesson 8 : Inventory Control 5 points
Lesson 9: Taxes and Organizational Structure 5 points
Quiz for Lesson 9 : Taxes and Your Business Organization 9 points
Quiz for Lesson 10 : Fulfillment 10 points
Quiz for Lesson 11 : Information Technology 9 points
The Final Exam 52 points
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