BEB 115 Introduction to Management and Business Studies

Welcome to the Introduction to Management and Business Studies course! In this course, we will explore the fundamentals of management and business, providing you with a solid foundation to understand and analyze various aspects of the business world. This course is designed to introduce you to key concepts of management. We will delve into different management theories that provide frameworks for understanding how organizations and businesses are managed and discuss their relevance in contemporary business contexts. We will examine the various functions of management and analyze how these functions are interconnected and how they are applied in real-world business scenarios. We will also discuss the importance of business objectives and relations. We will analyze the external and internal factors that shape the business environment and discuss how businesses operate in a dynamic and complex environment, and how they adapt to changes and challenges. We will examine how different functional areas within an organization interact and collaborate to achieve organizational objectives and discuss the challenges and opportunities of cross-functional management and how it impacts business performance. We will explore the skills, roles, and competencies required for effective managerial performance and discuss leadership, decision-making, communication, and problem-solving skills. We will examine the various forms of business ownership discuss their advantages, disadvantages, and legal implications, and how they impact business operations, management, and decision-making. We will explore the nature and role of stock exchanges and how they impact the functioning of financial markets and the overall economy. We will discuss emerging issues in management and business studies, such and analyze how these issues impact businesses and management practices, and how organizations adapt to them. We hope this course will equip you with the knowledge and skills necessary to understand and analyze the complex world of management and business studies. Get ready for an exciting learning journey!