Introduction To Business Classes Lay The Groundwork For Understanding

Students in a business program will first have to complete a course in Business 101 so they can get a survey of what to expect for the rest of their college curriculum if they choose to continue in this program. This course will give students the opportunity to evaluate if this is the field for them to pursue. Business 101 will offer a wealth of information, so students should be prepared to take in as much as they can in order to prepare for their futures.

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This course begins with an explanation of how business is organized, as well as how they are managed and evaluated. The different business structures will also be covered in this course. These consist of economics, marketing, accounting, finance, human relations, management and information systems and a few others.

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Most people are familiar with marketing because it is in our faces daily, whether we're walking down the street, surfing the Internet or watching a movie. We might not always be aware of these marketing techniques though. In a business course, students will be exposed to the four P's of marketing: product, price, place and promotion, all integral elements of an effective marketing strategy. Economics will also be discussed and the topics addressed in this subject include supply and demand, goods and services and the importance of trade.

Accounting and finance are two other essential fields discussed in an introductory business course. Finance will discuss the concept of the time value of money, which is the foundation for the finance industry, as well as the various financial institutions present today. Accounting is another major business industry that will teach students about the accounting equation and the 'four financial statements' used by most business associations.

Human Resources and Management will also be addressed in 101 business course. Students will learn the skills necessary to become effective leaders and communicators - basically the essentials of being a manager. Human resource topics will include the processes of hiring, job planning and compensation, as well as the logistics of discrimination and how to comply with equal opportunity laws.

With the advent of technology, globalization and other information systems have multiplied at rapid rates. An Introduction to Business course will analyze and evaluate how these elements influence and spur on the business climate, both negatively and positively.

Upon completion of this course, students will be able to read the Wall Street Journal or listen to business with relative understanding for what is being discussed. It is an exciting feeling to utilize the lessons you learn in school in the real world. By the end of this course, students will have an understanding of their aptitudes and weaknesses and this will help them determine what area of interest they would like to pursue as a career.

Introduction To Business Classes Lay The Groundwork For Understanding

Students in business classes will receive many immediate benefits from their introductory course, such as crystallizing their career goals and developing a greater awareness of the industry. Take the time to absorb and then apply your new skills to a traditional or online college course program for your degree.

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