The following list shows a summary of the topics covered in this course. To see all of the course pages, visit the Table of Contents.

Module 1: Role of Business

• What Is Business?
• For-Profit vs. Nonprofit
• Factors of Production
• Functional Areas
• Stakeholders
• External Forces

Module 2: Economic Environment

• What Is Economics?
• Economic Systems
• Demand
• Supply
• Equilibrium
• Health of the Economy
• Economic Stages

Module 3: Global Environment

• Globalization
• Measuring Global Trade
• Global Business Strategies
• Global Trade Forces
• Global Trade Agreements and Organizations
• Ethical Challenges in the Global Environment

Module 4: Financial Markets and System

• Money
• Role of Banks
• Financial Markets and Business

Module 5: Legal Environment

• The Meaning and Purpose of Law
• Statutory and Common Law
• Tort Law
• Intellectual Property
• Warranties
• Contracts
• Consumer Protection and Antitrust Laws

Module 6: Business Ethics and Corporate Social Responsibility

• Ethical and Legal Behavior
• Business Ethics
• Ethical Challenges
• Corporate Social Responsibility

Module 7: Business Ownership

• Choosing an Organizational Type
• Sole Proprietorships
• Partnerships
• Corporations
• Hybrid Forms of Ownership
• Franchises
• Mergers and Acquisitions

Module 8: Entrepreneurship

• Small Business
• Entrepreneurs
• Advantages, Disadvantages, and Considerations
• Steps to Starting a Business
• Business Plans

Module 9: Management

• Managers
• Management Theory
• Planning
• Organizing
• Leading
• Controlling

Module 10: Motivating Employees

• The Hawthorne Effect
• Need-Based Theories
• Process-Based Theories
• Theory X, Theory Y, and Theory Z
• Strategies for Motivating Employees

Module 11: Teamwork and Communication

• Teams
• Team Development and Success
• Effective Communication and Barriers
• Communication Channels, Flows, and Networks
• Electronic Communication

Module 12: Managing Processes

• Operations Management
• Production Processes
• Production Planning
• New Technologies
• Supply Chain Management and Logistics
• Quality Assurance

Module 13: Marketing Function

• Role of Customers
• Segmentation and Targeting
• Marketing Mix Introduction

Module 14: Marketing Mix

• Product
• Promotion
• Place
• Price

Module 15: Human Resource Management

• Human Resource Management
• Human Resources and Laws
• Recruitment and Hiring
• Training, Development, and Rewards
• Termination
• HR Challenges

Module 16: Accounting and Finance

• Accounting in Business
• Key Financial Statements
• The Break-Even Point
• Financial Ratios
• Ethical Practices in Accounting

Module 17: Using Technology to Manage Business Information

• Technological Changes in Business
• How Businesses Use Information
• Information Networks
• Current Issues in IT