KnowledgeCity

Business Management

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Course: On-Demand
Essential  Provider K.L. Alston  19 chapters ·  94 Lessons ·  3h 55m  in English 

What You'll Learn

  • Understand management principles, the functions of management, and the types of managers and management skills
  • Apply administrative management theory, behavioral management theory, management science theory, and organizational environment theory
  • Develop emotional intelligence and identify the four types of organizational culture
  • Examine business ethics, ethical decision making, social responsibility, and the ethical imperative to manage workforce diversity effectively
  • Learn strategic planning, decision-making skills, and how to train, develop, and motivate employees
  • Manage effective teams and groups while navigating the challenges of a global environment

Key Takeaways

  • Business management requires a wide variety of skills and an understanding of the functions of management along with administrative and behavioral management theory.
  • Effective managers gain emotional intelligence and understand the four types of organizational culture as well as business ethics, social responsibility, and workforce diversity.
  • Concepts such as Hofstede's Model of National Culture and Lewin's Force-Field Theory of Change help inform management decisions.
  • Strategic planning, value chain management, and the characteristics of managerial decisions are central to effective business management.
  • Managers must train, develop, and motivate employees, including applying the expectancy theory of motivation.

Frequently Asked Questions

What topics does this Business Management course cover?

The course covers the functions of management, management theories (scientific, administrative, behavioral, management science, and organizational environment), organizational culture, business ethics and ethical decision making, social responsibility, workforce diversity, leadership and managing change, strategic planning, value chain management, employee training and motivation, communication and conflict resolution, and the global environment.

What management theories and models are taught in this course?

You will learn administrative management theory, behavioral management theory, F.W. Taylor and Scientific Management, management science theory, organizational environment theory, Hofstede's Model of National Culture, Lewin's Force-Field Theory of Change, and the expectancy theory of motivation.

What skills will I gain from this course?

You will gain emotional intelligence, decision-making and strategic planning skills, the ability to train, develop, and motivate employees, effective communication and conflict resolution strategies, and an understanding of how to manage diversity and teams effectively in a global environment.

Does the course address ethics and workforce diversity?

Yes. It covers the nature of ethics, ethical decision making, sources of ethics, approaches to social responsibility, diversity of the workforce and the environment, and the ethical imperative to manage diversity effectively.