Course

Course Summary
Credit Type:
Course
ACE ID:
ACPE-0107
Organization's ID:
BUS101
Location:
Online
Length:
This is a self-paced online course that is completed over 132.75 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Introduction to Business
Description

Objective:

The course objective is to introduce business terminology, concepts, and current business ideas; and develop a viable business vocabulary, foster critical and analytical thinking, and refine students' business decision-making skills.

Learning Outcomes:

  • Identify and analyze business cycles
  • Identify the legal forms of business, and describe the advantages and disadvantages of each
  • Describe and analyze the components of the marketing mix (product, price, place, and promotion), and explain how segmentation and research will foster an understanding of consumer behavior
  • Explain how economic indicators shape business decisions
  • Describe the components of a business plan and the purpose of each component
  • Explain the components of a balance sheet and income statement
  • Formulate several financial ratios, and communicate the implications of those ratios for future performance of a company
  • Explain and identify leadership and management skills necessary for a successful business

General Topics:

  • The context of business
  • Productivity in the U.S. economy
  • Components of economic stability
  • Components of economic policy
  • Entrepreneurship and legal forms of business
  • Legal forms of business
  • Business plan
  • Entrepreneurship
  • Marketing
  • Marketing defined
  • Marketing strategy
  • Consumer behavior
  • Accounting, finance, and banking
  • Components of income statement
  • Components of balance sheet
  • Role of banks in finance
  • Credit analysis
  • Value of money
  • Management
  • Define management
  • Role of human resource management
  • Teamwork and communication
  • Forming a corporate mission and culture
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials