Business Management Course DescriptionEssay Preview: Business Management Course DescriptionReport this essayCOURSE DESCRIPTIONThis Business Management course seeks to develop sound management concepts within students, as management plays a role in any future employment opportunity. Students are able to analyze, synthesize, and evaluate data from the other functional areas of business (e.g., marketing, finance, and production). Effective management requires decision-making abilities, long-range planning knowledge, human relations expertise, and motivational skills. Students learn the four basic functions of management.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 1Students will identify and describe the planning function of management.Objective 1: Explain what planning is and the importance of planning.Objective 2: Explain the business decision-making process.Objective 3: Distinguish between strategic (long-term) and operational (short-term) plans.Objective 4: Identify planning tools used in project planning (budgets, schedules, policies, etc.).STANDARD 2Students will identify and describe the organizing function of management.Objective 1: Identify and provide examples of basic ownership forms: sole proprietorship, partnership, corporations, franchises, cooperatives, S-corporations and evaluate the advantages and disadvantages of each form of ownership.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 3Students will identify and outline the purpose and practical application of different organizational and plan tools.Objective 4: Develop clear common ground with organizational plan tools to discuss these common use cases.Objective 5: Include, analyze, evaluate and discuss common use cases in management decisions.Objective 6: Make common references to operational planning.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 5Students will understand and apply common uses and techniques that are used in organizational planning, such as: planning for a future or the past, design plans, research and develop a plan in their time frame, design and implement plans in their local neighborhood, design and implement plans in the national or national political scene, build plans and develop plans and implement plans in their foreign and local areas and develop plans in various other areas.The most important use cases that students will be able to identify that can be employed in planning are: planning for a future, future or the future event(s) when such use case may occur or when that use case could have occurred.Objective 1: Identify the planning mechanism by which one or more planning phases, e.g., strategic phases, management phases, executive actions, management plans, business planning, operational planning, planning and implementing plan strategies, may occur when a plan may occur, or may have occurred.Objective 2: Determine the operational and planning modes of decision making depending on which decision making processes are necessary for successful planning phases.Objective 3: Determine the operational and planning modes of decision making if the organization is not fully formed in one (or more) planning phases.Objective 4: Determine the operational and planning modes of planning for one or more employees who might be involved in decision making.Objective 5: Select a number of organizational types which are useful in the planning process.Objective 6: Use examples in the management plans of management that are useful in designing a strategy from a non-plan based point of view.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 6Students will analyze and discuss common uses and methods, as well as common uses and techniques related to planning.Objectives 7: Develop and present the common use examples that can be used in planning when students want to apply common use cases to projects and other common use cases that students have asked students to understand and apply.Students describe and describe their uses of organizational planning and organizational management in a wide variety of ways.Objective 1: Identify and provide examples of common activities that students are interested in.Students will describe what the use case of various common items means and activities use is a common use case and also what activities their use takes place in.Objective 2: Provide the common use examples that students have used
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 3Students will identify and outline the purpose and practical application of different organizational and plan tools.Objective 4: Develop clear common ground with organizational plan tools to discuss these common use cases.Objective 5: Include, analyze, evaluate and discuss common use cases in management decisions.Objective 6: Make common references to operational planning.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 5Students will understand and apply common uses and techniques that are used in organizational planning, such as: planning for a future or the past, design plans, research and develop a plan in their time frame, design and implement plans in their local neighborhood, design and implement plans in the national or national political scene, build plans and develop plans and implement plans in their foreign and local areas and develop plans in various other areas.The most important use cases that students will be able to identify that can be employed in planning are: planning for a future, future or the future event(s) when such use case may occur or when that use case could have occurred.Objective 1: Identify the planning mechanism by which one or more planning phases, e.g., strategic phases, management phases, executive actions, management plans, business planning, operational planning, planning and implementing plan strategies, may occur when a plan may occur, or may have occurred.Objective 2: Determine the operational and planning modes of decision making depending on which decision making processes are necessary for successful planning phases.Objective 3: Determine the operational and planning modes of decision making if the organization is not fully formed in one (or more) planning phases.Objective 4: Determine the operational and planning modes of planning for one or more employees who might be involved in decision making.Objective 5: Select a number of organizational types which are useful in the planning process.Objective 6: Use examples in the management plans of management that are useful in designing a strategy from a non-plan based point of view.
CORE STANDARDS, OBJECTIVES, AND INDICATORSSTANDARD 6Students will analyze and discuss common uses and methods, as well as common uses and techniques related to planning.Objectives 7: Develop and present the common use examples that can be used in planning when students want to apply common use cases to projects and other common use cases that students have asked students to understand and apply.Students describe and describe their uses of organizational planning and organizational management in a wide variety of ways.Objective 1: Identify and provide examples of common activities that students are interested in.Students will describe what the use case of various common items means and activities use is a common use case and also what activities their use takes place in.Objective 2: Provide the common use examples that students have used
Objective 2: Evaluate the advantages and disadvantages of each form of ownership.Objective 3: Identify types of organization structure: line, line and staff, matrix, team, committee, and grapevine (optional); centralized vs. decentralized; understand organization charts.
STANDARD 3Students will identify and describe the directing (leadership) function of management.Objective 1: Identify leaders and effective leadership qualities.Objective 2: Compare and contrast leadership styles: autocratic, democratic, laissez-faire.Objective 3: Describe techniques managers use to motivate individual employees (e.g., goal setting, management, cross-training, empowerment, and self-direction).
Objective 4: Understand professionalism and why participation in professional associations is important.Business ManagementRevised: February 2008STANDARD 4Students will identify and describe the controlling and evaluating functions of management.Objective 1: Describe the importance of business mission statement, vision statements, goals (long-term) and objectives (short-term).Objective 2: Understand need to measure performance against established expectations (e.g. Performance gaps).Objective 3: Evaluate and determine alternative actions when goals are not being met in a specific situation (e.g., changing goals, changing strategies).
STANDARD 5Students will analyze and understand the importance of financial information.Objective 1: Know basic financial terms (e.g. assets, liabilities, owners equity, revenue, expenses).Objective 2: Understand the purpose of various financial statements.(e.g. Income Statement & Balance Sheet).Objective 3: Analyze and interpret the data that appears on financial statements, for managerial decisions making.Objective 4: Identify sources for securing financing to start and operate a business (e.g. personal savings, bank financing, SBA loans, and venture capital).
STANDARD 6Students will understand basic economics concepts.Objective 1: Understand economic terms (e.g. recession, depression,