Business Management
Course Features
Course Details
Course Overview
Business Management is a course that is appropriate for both students on a business career path as well as students seeking to attend college in a business related field.
Course topics include:
- Management and Leadership
- Planning and Change
- Economics and Ownership
- Regulation and Communication
- Business Metrics
- Capitalization
- The Product
- Supply Chain Management
- Human Resources
- Managing the Manager
This course was developed by the International Academy of Science.
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Scope and Sequence
Unit 1 The introductory unit of this course introduces students to the history of management, the changing role of management, management efficacy, supervision, and informed management. Students will also be introduced to leadership, leadership development, leadership styles, as well as workplace rules and culture. Unit 2 This unit delves into planning, planning tools, organization, increasing organization efficiency, implementing change, managing change, communicating change, and embracing change. Additionally, this unit covers the changing business climate, career development, and control. Unit 3 Students will learn about human resources, cultural values, ethics and social responsibility, the supply curve, the demand curve, the supply and demand graph, and producer and consumer surplus. Students will also learn about competition, capitalism, managing economic change, international business, and types of international business. They will then learn about international trade theories entrepreneurs and proprietorships, partnerships, limited liability corporations, as well as corporations, and unique ownership structures. Unit 4 This unit explores competition regulations, regulations to protect the public, regulations to protect businesses, and business taxes. The unit will also explore communication flow communication management, organizational communication, and communication styles, as well as international communication, electronic communication, and communication permanence. Unit 5 Students delve into the mathematics of management, calculating key performance indicators, using key performance indicators, quantifying management success, statistics, data-backed decisions, and decision tree analysis. Students will also delve into budgeting, assets, liabilities, shareholder's equity, balance sheet, gross sales, costs of goods sold, expenses, net income, and income statements. Students will then learn about, free cash flow from operations, investing, and financing, cash flow statement, analyzing financial data, and key financial metrics. Unit 6 In this unit, students explore capitalizing a business, capital structure, raising capital, equity financing, debt maturity, interest rates, the credit rating process, and credit ratings and interest rates, as well as short term debt financing, long term debt financing, short term vs. long term debt, and debt vs. equity financing. Students will also explore financial institutions, financial services, investments, credit principles, managing credit, insurance, and choosing insurance. Unit 7 This unit builds upon product development, product design, soft launch, user interface, user experience, customer data, manufacturing, service marketing, marketing analytics, marketing strategies, and marketing strategy development. The unit will also introduce product management, distribution channels, product distribution, pricing a product, promoting a product, and social media promotion. Unit 8 Students will learn about the supply chain, the impact of supply chain, vertical integration, benefits and drawbacks of vertical integration, horizontal integration, and benefits and drawbacks of horizontal integration, and differentiating vertical and horizontal integration. Students will also learn about logistics, choosing suppliers, and supply chain contingency. Unit 9 In this unit, students will gain knowledge about talent acquisition, effective interviewing, interview vs. task based hiring, diversity in the workforce, employee redundancy, performance-based employment termination, employment law, equal opportunity employment, and employee compensation, as well as gender discrimination, FMLA requirements, employee benefits, hidden employee costs, and improving employee performance. Unit 10 Students will end the lesson learning about personal career planning, delegation, micromanagement, hierarchical organizations, flat organizations, risk taking, SMART goals, and creative thinking, Students will then learn about information technology in business, depreciation, managing IT, and business technology strategy.#wrap h5 { font-family: Open Sans !important;} #wrap #header #nav > li > a { color:;} #wrap #header #nav > li > a:hover,.transparent-header-w.t-dark-w #header.horizontal-w.duplex-hd #wrap #header #nav > li:hover > a, .transparent-header-w #header.horizontal-w #wrap #header #nav > li:hover > a {color:;} #wrap #header #nav > li.current > a, #wrapv #header #nav li.current ul li a:hover, #wrap #header #nav > li.active > a {color:;} #wrap #scroll-top a {background-color:;} #wrap #scroll-top a:hover {background-color:;} #wrap.colorskin-custom .course-content .products li a.add_to_cart_button,.colorskin-custom .llms-notice a,.colorskin-custom .llms-checkout-section 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