Course Syllabus

Course Description

Introduction to Business Management

The world of business management offers an array of career opportunities unparalleled among income earning possibilities. Industries from mining to waste disposal have management-level positions in many companies. Business management requires a combination of skills and knowledge, coupled with good judgment and leadership qualities. There are several fundamental aspects of operating a business – whether you run your own small business or hold a management position in a national corporation – that a manager should be aware of. Our course takes you through some of the various requirements you may encounter while managing a business.

We begin by examining the various disciplines and levels in business management and give you hints on how to get a management job in your company. In lesson 2 we cover areas of financial management such as types of capital, debt and equity financing alternatives, a business plan and a budget. Lesson 3 deals with legal and regulatory compliance issues. Human resources and personnel issues are discussed in Lesson 4.

Sales management fundamentals – the sales cycle, customer relationships and pricing – make up lesson 5. We examine the marketing functions (lesson 6) right after sales functions because the two disciplines work hand-in-hand to drive business. Lesson 7 covers some key accounting principles and practices. Inventory control techniques make up Lesson 8, focusing on the role of inventory control, the processes involved and control mechanisms used.

Lesson 9 "Taxes and Your Business Organization" delves into types of organization and some key business tax requirements. Order fulfillment follows the purchase from sales inquiry to delivery in Lesson 10, and explains how fulfillment is important to customer relationships. We finish with lesson 11 explaining the importance and function of information technology. Once completed, you will have a basic understanding of how to manage a business.

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