Course

Course Summary
Credit Type:
Course
ACE ID:
ICS-0046
Organization:
Location:
Online
Length:
Self-paced (52 weeks)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 introduction to business
Description

Objective:

This basic, overview course outlines the elements of business and the challenges businesses face in a global environment, such as competition and economic factors. Students will learn why accounting, technology and information systems, marketing, and management are essential to starting and growing a business. This course includes the basics of managing financial and human resources and the ethical and social responsibilities required of a successful manager.

Learning Outcomes:

  • identify the different elements that distinguish capitalism, socialism, communism, and mixed economies
  • define the role of small business in the free enterprise system
  • assess elements of the global economy, such as labor, capital, trade, and natural resources, and how they influence business
  • analyze the functions of business, such as management, organization, human relations, marketing, financing, and ethics
  • identify the purpose of business policy and strategy.

General Topics:

  • Business organizations, strategy, and economics
  • Management, leadership, and entrepreneurship
  • Operations, marketing, accounting, finance, human resources, and technology
  • Government, ethics, trade, taxes and international business
Instruction & Assessment

Instructional Strategies:

  • Classroom Exercise

Methods of Assessment:

  • Examinations
  • Quizzes
  • final exam

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Penn Foster College

(ICS-0044)
(ICS-0208)
(ICS-0160)
(ICS-0240)