💼Intro to Business

Unit 1 – Economic Systems and Business Fundamentals

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Unit 2 – Ethical Decisions in Business Management

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Unit 3 – Competing in the Global Marketplace

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Unit 4 – Forms of Business Ownership

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Unit 5 – Entrepreneurship: Starting Your Business

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Unit 6 – Leadership in Modern Organizations

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Unit 7 – Designing Organizational Structures

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Unit 8 – Human Resources and Labor Relations

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Unit 9 – Motivating Employees

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Unit 10 – World-Class Operations Management

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Unit 11 – Product Development and Pricing Strategies

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Unit 12 – Distributing and Promoting Products

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Unit 13 – Using Technology to Manage Information

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Unit 14 – Financial Information & Accounting Basics

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Unit 15 – Money and Financial Institutions

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Unit 16 – Financial Management and Securities Basics

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Unit 17 – Your Career in Business

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What do you learn in Introduction to Business

You'll get a broad overview of how businesses operate. Topics include management, marketing, finance, accounting, and entrepreneurship. You'll learn about different business structures, economic systems, and global markets. The course also covers business ethics, strategic planning, and basic financial concepts. It's a great foundation for understanding the business world.

Is Introduction to Business hard?

Most students find Intro to Business pretty manageable. It's not typically a math-heavy course, which is a relief for many. The concepts are generally straightforward, but there can be a lot of terminology to learn. Some find the breadth of topics challenging, as you're covering a lot of ground. Overall, it's more about understanding concepts than complex problem-solving.

Tips for taking Introduction to Business in college

  1. Use Fiveable Study Guides to help you cram 🌶️
  2. Stay on top of current business news - it'll make class discussions way more interesting
  3. Practice applying concepts to real-world companies you know
  4. Create flashcards for key terms - there are a ton in this class
  5. Form a study group to discuss case studies together
  6. Watch "The Social Network" or "The Big Short" for some business inspiration
  7. Read "The Lean Startup" by Eric Ries for entrepreneurship insights

Common pre-requisites for Introduction to Business

  1. Principles of Economics: This course covers basic economic concepts like supply and demand, market structures, and macroeconomic factors. It's a good foundation for understanding the economic environment businesses operate in.

  2. College Algebra: While not always required, this math course can be helpful. It covers equations and functions that are useful for basic business calculations and understanding financial concepts.

Classes similar to Introduction to Business

  1. Principles of Management: Dives deeper into organizational structure, leadership styles, and decision-making processes. You'll learn about motivating employees and managing teams effectively.

  2. Introduction to Marketing: Focuses on consumer behavior, market research, and marketing strategies. You'll learn how companies create, communicate, and deliver value to customers.

  3. Business Ethics: Explores ethical issues in the business world. You'll discuss corporate social responsibility, sustainability, and ethical decision-making frameworks.

  4. Entrepreneurship: Covers the process of starting and running a new business. You'll learn about opportunity recognition, business planning, and securing funding.

  1. Business Administration: Provides a broad foundation in various business disciplines. Students learn management, finance, marketing, and operations, preparing them for diverse business careers.

  2. Finance: Focuses on managing money and investments. Students learn about financial markets, risk management, and how to make financial decisions for individuals and organizations.

  3. Marketing: Concentrates on understanding consumer behavior and creating effective marketing strategies. Students learn about market research, branding, advertising, and digital marketing techniques.

  4. Entrepreneurship: Teaches students how to identify opportunities and start their own businesses. Coursework covers business planning, innovation, and the challenges of running a startup.

What can you do with a degree in Introduction to Business?

  1. Business Analyst: Examines an organization's systems, processes, and data to recommend improvements. They work across departments to increase efficiency and solve business problems.

  2. Marketing Coordinator: Assists in developing and implementing marketing campaigns. They may manage social media accounts, analyze market trends, and coordinate promotional events.

  3. Financial Advisor: Helps individuals and businesses make informed decisions about investments, insurance, and financial planning. They assess clients' financial situations and provide recommendations to meet their goals.

  4. Sales Representative: Sells products or services to businesses or consumers. They identify potential customers, explain product benefits, and negotiate deals to close sales.

Introduction to Business FAQs

  1. Do I need to be good at math for this class? Not really - there's some basic math, but it's more about understanding concepts than complex calculations.

  2. Can I use this course if I'm not a business major? Absolutely! The skills and knowledge from this class are useful in pretty much any career.

  3. Will we do group projects in this class? Many intro business classes include group work to mimic real-world business environments. It's a great chance to practice teamwork skills.

  4. How relevant is this course to starting my own business? Super relevant! You'll get a broad overview of all aspects of running a business, which is perfect for aspiring entrepreneurs.



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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.