Universal Class - Leading Provider of Continuing Education
 
Course Video: Business Management 101
IACET Authorized Provider Enroll today! This is a self-paced, continuing education, online course with instructor. You have 6 months to complete.
Course Cost: 6 Month Subscription
Course (no Certificate)   =   $45.00
Course with CEU Certificate*   =   $70.00
* Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery). UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.  

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.
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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, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.

Course Lessons

Lesson 1 : Business Basics

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 2 : Financial Management

Capital: Startup, Growth
Borrowing Money: Debt, Equity
Pricing: Setting Price, Discounts / Returns
Budgeting: Fixed Costs, Operating Costs

Lesson 3 : Legal and Regulatory Compliance

Legal: Legal Issues vs. Ethical Issues
Compliance Issues: Safety, Discrimination
Regulatory Bodies: Federal Agencies, Interstate / International Regulation

Lesson 4 : Personnel Management

Hiring
Pre-Hire, The Interview, Hired – Now What?
Management: Wages, Schedules, Benefits, Personality Differences
Discipline: Warnings, Suspension, Reporting Offenses
Encouragement: Praise,

Lesson 5 : Sales Management

Sales Cycle: Prospecting, Closing

Lesson 6 : Marketing Practices

Mass Marketing : Collateral Materials, Advertising, Promotions, Direct Response, Building a Brand

Lesson 7 : Accounting Principles

Accounting: Do It Yourself, Should You Hire an Accountant?

Lesson 8 : Inventory Control

Management: Systems, Controls, Storage

Lesson 9 : Taxes and Your Business Organization

It's Tax Time!, Tax Preparation, Get a Professional

Lesson 10 : Fulfillment

Fulfillment/Delivery: Completing the Order, Website/Storefront/Delivery

Lesson 11 : Information Technology

Lesson 11: Information Technology
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Additional Information

Course Title : Business Management 101
CEU Value :

1.1 IACET CEUs (Continuing Education Units)

Standard :

Course Adheres to the ANSI/IACET 1-2007 Standard

Accreditation :

Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.

Languages : English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Course Number : 7550322
Course Type : Entrepreneurial
Course URL :

http://businessmanagement.onlineclasses.com

Course Rating : Excellent Course! 4 Star Rating
Instructor :

Dr. Metodija Stojanovski

Syllabus :

View Syllabus

Grading Policy :

Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned

Assessment Method :

Lesson assignments and review exams

Duration : Continuous: Enroll anytime!
Requirements : View Technical Requirements
Course Fee :

Basic Course: $45.00 (no CEU Certificate)

   

with CEU Certificate: $70.00

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