Principles of Management

Course Content from McGraw-Hill
Course Number: BUS201
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This Principles of Management course is designed to help students understand the major functions of management (planning, organizing, leading, and controlling) and the significance of each function in relationship to the existence of the company. This course describes how companies use management to set and accomplish goals through individuals, groups, and other types of resources. It also analyzes communication and ethics in the organization. Other topics include decision making, change, employee development, organizational structures, management control, leadership, conflict resolution, information security, and globalization.

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3
college credits
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Self Paced
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Business
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7 Reviews
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  • 9/27/14 by dsykes
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  • 9/27/14 by dsykes
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  • 8/6/14 by kristinaea
    A Lot of information to take in and not knowing exactly what to focus on while studying for exams.
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  • 8/6/14 by kristinaea
    A Lot of information to take in and not knowing exactly what to focus on while studying for exams.
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  • 9/25/13 by raquel
    It was good.
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  • 8/21/13 by janellerb
    Some of the answers to the questions were wrong, and I noticed a few typos. I had to contact SL to get credit for the questions I answered correctly but they had the wrong answer for. Also, there were a few duplicate questions.
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  • 8/20/13 by kpeacock
    This course was easier when the required material was not read before hand; and sometimes the answer for the exam are not what is stated in the text.
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Course Objectives

After completing this Principles of Management course, you will be able to:

  • Identify the roles and functions of a manager.
  • Apply the six stages of decision-making to a business situation.
  • Explain elements of strategic planning and conduct a SWOT analysis applying strategic decision making.
  • Evaluate the need for change and recommend change for a business situation.
  • Compare and contrast organizational structures and mechanisms for coordination, and design a structure.
  • Explain and apply criteria for selection, pay, development, and appraisal of employees; and explain labor relations.
  • Describe the diversity of the American workforce and recommend ways to manage the diverse workforce.
  • Recommend ways to motivate employees applying an understanding of human behavior and leadership theories and styles.
  • Describe and apply ways to build effective teams and resolve conflict.
  • Describe and apply effective communication strategies.
  • Compare and contrast types and methods of managerial control impacting output, behavior, and organizational culture.
  • Identify ethical issues in business situations and apply ethical norms to make decisions.
  • Explain the importance of information and information security.
  • Explain the opportunities and challenges of globalization.

Topic

Topic

Subtopics

Objectives

1

Basics of Management

  • Roles and Functions
  • Levels of Management
  • Managerial Qualities and Skills
  • Evolution of Management
  • Understand the roles and functions of a manager.
  • Compare and contrast the different levels of management.
  • Analyze and apply managerial qualities and skills.
  • Explain the historical evolution of management in the U.S.

2

Managerial Decision-Making

  • Six Stages of Decision Making
  • Challenges of Decision Making
  • Decision Making Under Risk and Uncertainty
  • Models of Decision Making

  • Apply the six stages of decision making to a business situation.
  • Analyze a business situation to identify challenges of decision making.
  • Formulate and defend a decision in a business situation.
  • Analyze and apply models of decision making to a business situation.

3

Planning: Strategic Planning

  • The Planning Process
  • SWOT Analysis
  • Levels of Strategy
  • Challenges of Planning
  • Explain the planning process and apply it to a business situation.
  • Identify strengths, weaknesses, opportunities, and threats in a business situation.
  • Formulate and defend a decision based on a SWOT analysis.
  • Compare and contrast corporate-, business-, and functional-level strategies.
  • Analyze a business situation to identify challenges of planning.

4

Ethics and Social Responsibility

  • Ethical Systems
  • Ethics in Business
  • Ethical Decision Making
  • Social Responsibility
  • Compare and contrast ethical systems.
  • Apply ethical norms to business situations.
  • Analyze a business situation to identify ethical issues.
  • Identify areas of corporate social responsibility.

5

Globalization and Management

  • International Business Environment
  • Business Opportunities Under Globalization
  • Managing a Global Business
  • Compare and contrast the economic, political, and regulatory environment in different regions of the world.
  • Compare and contrast business opportunities and challenges in different regions of the world.
  • Explain and apply entry strategy, mode of entry, human resource management, and operational management for a global business.

6

Organizing: Organizational Structure

  • Types of Organizational Structures
  • Coordination
  • Designing Organizational Structure
  • Compare and contrast organizational structures.
  • Compare and contrast mechanisms of coordination.
  • Design an organizational structure.

7

Organizing: Human Resource Management

  • Recruitment, Development, and Appraisal
  • Pay and Benefits
  • Labor Relations
  • Explain and apply selection, training, and appraisal of employees.
  • Explain considerations in determining pay and benefits structure.
  • Analyze management response to unionization and collective bargaining.
  • Analyze a situation to identify applicable labor laws.

8

Organizing: Managing Diversity

  • Diverse Workforce
  • Discrimination
  • Managing the Diverse Workforce

  • Describe the composition of the American workforce in terms of age, gender, race, and ethnicity.
  • Analyze a business situation to identify potential or actual discrimination.
  • Recommend and evaluate managerial actions in response to diversity of the workforce.

9

Leading: Motivating People

  • Theories of Motivation
  • Leadership Styles and Theories

  • Explain the human psychology that underlies motivation.
  • Compare and contrast leadership styles.
  • Compare and contrast leadership theories.

10

Leading: Team Building and Conflict Management

  • Types of Teams
  • Building Effective Teams
  • Conflict and Negotiation
  • Decision Making in Teams
  • Compare and contrast types of teams in the workplace.
  • Select team members for a business situation.
  • Analyze a situation to identify potential or actual conflict.
  • Apply conflict resolution strategies and skills.
  • Analyze a team situation to identify challenges to decision making.

11

Leading: Communication

  • Types of Organizational Communication
  • Barriers to Communication
  • Communication Skills
  • Compare and contrast types of organizational communication.
  • Analyze a situation to identify barriers to communication and to recommend a solution.
  • Describe and apply communication skills.

12

Controlling: Organizational and Operational Control

  • Types and Methods of Managerial Control
  • Operations Management
  • Compare and contrast types and methods of managerial control.
  • Explain and apply ways of controlling output, behavior, and organizational culture.
  • Analyze a situation to identify a failure of control or to select appropriate control.

13

Managing Information

  • Types of Information
  • Information for Decision Making
  • Information Security
  • Information Technology
  • Analyze uses of information in management.
  • Identify information necessary in a given situation.
  • Analyze a situation to identify a potential or an actual breach of information security and recommend action.
  • Explain uses of information technology in management.

14

Planning: Managing Change

  • Models of Organizational Change
  • Need for Change
  • Selecting and Implementing Change
  • Responding to Change

  • Compare and contrast models of organizational change.
  • Analyze a business situation to determine whether there is a need for change.
  • Recommend change for a given business situation.
  • Recommend a response to an externally imposed change.

15

Review Topic

  • Review
  • Review

There are no prerequisites to take Principles of Management.

Required Textbook: This course has assigned reading.

Title: Management : Leading & Collaborating in the Competitive World eTextbook

ISBN: 9781259241055

Our Price: $151.17

Assigned reading material as part of taking this online course.
bookshelfWith every purchase of an eTextbook through StraighterLine, students have access to their texts via the Bookshelf App which syncs to their course, provides offline access for studying on the go, and more.
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book cover

Bateman and Snell have consistently discussed and explained the traditional, functional approach to management through planning (delivering strategic value), organizing (building a dynamic organization), leading (mobilizing people), and controlling (learning and changing). Management: Leading & Collaborating in a Competitive World retains its series of "firsts": first to have a chapter on diversity, first to devote a section to the natural environment, and first to relate a "bricks and clicks" theme to explain the challenges of managing in a New Economy. This new edition is no exception with an emphasis on leadership and collaboration as a means to success.

To survive competition and thrive in today's world, you must perform in ways that give you an edge over your competitors. Four essential performance dimensions- cost, quality, speed, and innovation -when well done, deliver value to the customer and competitive advantage to students and their employers. In the new Seventh Edition of, Bateman and Snell go a step further to discuss the advantages of leadership and collaboration as two essential means to these four "bottom line" practices that successful managers and companies must deliver to their customers. This leadership and collaboration theme is the key to successful management. People working with one another, rather than against, is essential to competitive advantage.

By reinforcing these new business practices in context with the functional approaches, the authors deliver a unique theme among all principles of management texts- how to manage, lead, and collaborate in ways that deliver results.

Bateman, Thomas S. and Scott A. Snell. Management: Leading and Collaborating in a Competitive World, 7th edition, McGraw-Hill/Irwin, 2007, ISBN: 9780072923308

StraighterLine provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.

If you have chosen a Partner College to award credit for this course, your final grade will be based upon that college's grading scale. Only passing scores will be considered by Partner Colleges for an award of credit.

There are a total of 1000 points in the course:

Topic

Assessment

Points Available

3

Graded Exam #1

150

7

Graded Exam #2

150

Cumulative Graded Midterm Exam

200

10

Graded Exam #3

150

14

Graded Exam #4

150

Cumulative Graded Final Exam

200

Total

1000


Final Proctored Exam

The final exam is developed to assess the knowledge you learned taking this course. All students are required to take an online proctored final exam in order complete the course and be eligible for transfer credit.

Learn more about Proctored Exams

This Principles of Management course is designed to help students understand the major functions of management (planning, organizing, leading, and controlling) and the significance of each function in relationship to the existence of the company. This course describes how companies use management to set and accomplish goals through individuals, groups, and other types of resources. It also analyzes communication and ethics in the organization. Other topics include decision making, change, employee development, organizational structures, management control, leadership, conflict resolution, information security, and globalization.

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