Courses

Status

Open

Estimated Completion Time

16 - 18 weeks

Overview

From the shift managers at small businesses to the CEOs of large companies, effective management is key to any organization’s success. Explore foundational management concepts such as leadership, managing teams, entrepreneurship, global business, finance, and technology and innovation. Engage in a capstone that pulls all of the concepts you’ve learned together, allowing you to see how management ideas can be applied to a business case study. Get started with learning the fundamentals of successful management.

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Major Topics and Concepts

Unit 1: Introduction to Management and Organizations

Define management
Explain the five basic managerial functions
Compare the art of management to the science of management
Describe different levels of management
Discuss the evolution of management theory
Compare and contrast organizational structures
Identify and interpret business trends

Unit 2: Management and Leadership

Define the concept of leadership and its relationship to management
Identify examples of effective leadership
Compare and contrast various leadership styles, traits, and skills
Explain how leaderships styles, traits, and skills contribute to employee and organizational success
Describe how leaders manage change and common employee problems

Unit 3: Organizing Teams

Describe how teams form and are structured
Identify the benefits of teams
Examine how teams form and grow
Compare and contrast various challenges of teams
Discuss current trends in managing teams

Unit 4: Entrepreneurial Management

Identify the skills and characteristics entrepreneurs draw on to succeed
List the steps of starting a business
Describe economic principles and the characteristics of economies and political systems
Create a feasibility study and business plan
Evaluate both business costs and sources as well as types of capital

Unit 5: Managing in a Global Marketplace

List the characteristics of and economic factors in the global economy
Describe how to navigate the global business environment with respect to legal, regulatory, and trade concerns
Develop a global strategy including SWOT analysis and the marketing mix
Analyze how global businesses manage sustainability
Evaluate trends and opportunities in the global economy

Unit 6: Financial Management

accounting to measure the financial health of and make decisions for their businesses
Analyze the process of creating a budget and developing financial controls for a business
Describe the types of funding sources a business can use to purchase assets, the types of assets as well as how they are valued, and the types of business taxes
Evaluate the documents (balance sheets, income statements, and cash flow statements) that businesses issue to indicate their financial position
Apply financial data to the creation of internal and external financial reports

Unit 7: Managing Information

Describe how companies manage technology and information.
Examine business intelligence and its uses.
Differentiate between the types of information systems.
Implement management information systems.
Recognize the opportunities presented by current trends in information management.

Unit 8: Managing the Business – A Case Study

Create effective plans based on internal and external aspects of a specific business.
Select and develop the organization structure and staffing for a business.
Apply controlling methods to a business using projected and actual results.
Identify appropriate leadership approaches for business situations.

Credits .5

Competencies

Management
Students will demonstrate an understanding of management by describing characteristics of managers, comparing management theories, and explaining current workplace trends.
Leadership
Students will demonstrate an understanding of leadership by analyzing leadership styles, describing leadership skills, and explaining leadership challenges.
Effective Teamwork
Students will demonstrate an understanding of effective teamwork by explaining characteristics of effective team development, comparing types of team conflict, and analyzing conflict resolution techniques.
Entrepreneurial Management
Students will demonstrate an understanding of entrepreneurial management by describing entrepreneurial activities, explaining the influence of political systems on entrepreneurship, and explaining the components of a business plan.
The Global Marketplace
Students will demonstrate an understanding of the global marketplace by describing mechanisms that connect the global economic network, describing sustainability practices, and explaining laws that impact global business.
Financial Management
Students will demonstrate an understanding of financial management by describing types of economic indicators, explaining financial controls, and explaining the role of financial documents.
Information Management
Students will demonstrate an understanding of information management by describing the role of information systems, explaining the purpose of business intelligence, and analyzing trends in information management.
Business Operations
Students will demonstrate an understanding of business operations by describing the strategic planning process and explaining the features of an organizational structure.

Pre-Requisites

None

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Management 1a