If you do well in this course, you will be able to:
- Describe the economic environment of business in the United States and explain how large and small businesses are impacted.
- Identify and describe the major forms of business ownership and compare the advantages and disadvantages of each.
- List and describe the levels of organizational management and the strategic goals used to achieve the organization's mission and vision.
- Identify and describe the leadership styles as it relates to achieving organizational goals and objectives.
- Describe the components of operations and production management and how they impact business productivity.
- Describe the development of the marketing mix as it relates to product, price, promotion and the distribution of goods and services to satisfy wants or needs.
- Examine the different instruments businesses use in debt and/or equity financing.
- Identify and describe at least three fundamental human resource management principles and the relationship management has with labor in motivating employees to improve performance and overall business productivity.
- Summarize the role of emerging technologies including robotics and automation in achieving a firm's objectives.
- Identify economic, legal, political and social challenges that might arise in growing businesses internationally.
- Describe the control function accounting provides through formatting and use of the Income Statement and Balance Sheet.
Course Requisite Technical Skills
In order to succeed in this online course, you must be comfortable working with technology. At a minimum, you must possess the following technical skills:
- Ability to use the Internet in an effective and efficient manner, including installation and management of browser plug-ins and add-ons.
- Basic knowledge about the operation of a computer, file management, and software installation.
- Working knowledge of the Canvas learning management system.