This course aims to provide a comprehensive introduction to the key elements of the business organization addressing competing theories and models of the firm and its environment, to provide a critical perspective on the main functional areas of management, and to develop analytical skills to identify the links between the functional areas in management, organizations, management practices and the business environment.

Learning Outcomes:

  1. Explain the nature of business and describe the external environments of business; discuss how these environments affect the success or failure,
  2. Define small business, entrepreneurship and forms of business ownership; describe some key characteristics of entrepreneurial personalities,
  3. Discuss the rise of international business; describe the major world marketplaces, trade agreements, and alliances,
  4. Explain the nature of management; identify the four basic functions that constitute the management process,
  5. Describe the building blocks of an organizational structure; identify the differences among structures,
  6. Demonstrate understanding of the main functions of a business; define operations management, human resource management, marketing, accounting and finance.

This is a comprehensive course on the management process with particular emphasis on the skills, competencies, techniques and knowledge needed to successfully manage an organization. It focuses on entire organization to form a strategic vision, setting objectives crafting a strategy and then implementing it. It also investigates how organization develop and maintain competitive advantage within a changing business environment influenced by political, economic, social, technological, legal and environmental factors. The course content is organized around the four functions of management; panning, organizing, leading and controlling, for systematic understanding of management related challenges and applying conceptual tools and techniques in analyzing, evaluating and addressing management issues.

Learning Outcomes:

  1. Evaluate the global context for taking managerial actions of planning, organizing, leading and controlling.
  2. Assess global situation, including opportunities and threats that will impact management of an organization.
  3. Integrate management principles into management practices.
  4. Specify how the managerial tasks of planning, organizing, leading and controlling can be executed in a variety of circumstances.
  5. Determine the most effective action to take in specific situations.