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Principles of Management
BUS201 | 3 Credits
Principles of Management will give you a close look at what managers do, from planning, organizing, leading, and keeping things on track. You’ll see how businesses use these tools to reach their goals by working with people, teams, and other resources.
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About Principles of Management
What You’ll Learn
The Principles of Management online course is designed to help you understand the major functions of management, including planning, organizing, leading, and controlling. It will also help you to understand the significance of each function within the company. You’ll learn how 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 define the strategies organizations use to compete in the global marketplace.
- 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 while analyzing ways to motivate employees in today's business communication landscape.
- Describe and apply ways to build effective teams and resolve conflicts, and evaluate effective communication strategies within a business setting.
- Compare and contrast types and methods of managerial control impacting output, behavior, and organizational culture.
- Explain the importance of information and information security, and explain the opportunities and challenges of future technology and its uses within businesses going forward.
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WANT US TO CHECK?Course Details
Throughout the Principles of Management course, discover how companies use management to set and accomplish goals through individuals, groups, and other types of resources. Also, learn how to analyze communication and ethics in the organization. Other topics covered include decision making, change, employee development, organizational structures, management control, leadership, conflict resolution, information security, and globalization.
ACE-Recommended
ACE Code:
OOSL-0051
Flexible Schedule
25-day Average Course Completion
Business Courses Have Transferred Over 24,900 Times
$2,000,000 Saved on Tuition
Prerequisites
There are no prerequisites to take Principles of Management.
Course Text
The required eTextbook for this course is included with your course purchase at no additional cost.
- Bateman, Thomas S., and Robert Konopaske. Management: Leading & Collaborating in a Competitive World. 15th ed., McGraw Hill, 2023.
Course Checkpoints
Basics of Business Management
- Roles and Functions
- Levels of Management
- Managerial Qualities and Skills
- Evolution of Management
Managerial Decision-Making
- Six Stages of Decision Making
- Challenges of Decision Making
- Decision Making Under Risk and Uncertainty
- Models of Decision Making
Planning and Strategic Management
- The Planning Process
- SWOT Analysis
- Levels of Strategy
- Challenges of Planning
Ethics, Corporate Responsibility, and Sustainability
- Ethical Systems
- Ethics in Business
- Ethical Decision Making
- Social Responsibility
International Management
- International Business Environment
- Business Opportunities Under Globalization
- Managing a Global Business
Organizational Structure and Adaptation
- Types of Organizational Structures
- Coordination
- Designing Organizational Structure
Human Resource Management
- Recruitment, Development, and Appraisal
- Pay and Benefits
- Labor Relations
Cultivating Diversity and Inclusiveness
- Diverse Workforce
- Discrimination
- Managing the Diverse Workforce
Leading and Motivating People
- Theories of Motivation
- Leadership Styles and Theories
Teamwork
- Types of Teams
- Building Effective Teams
- Conflict and Negotiation
- Decision Making in Teams
Communicating
- Types of Organizational Communication
- Barriers to Communication
- Communication Skills
Managerial Control
- Types and Methods of Managerial Control
- Operations Management
Managing Technology and Innovation
- Types of Information
- Information for Decision Making
- Information Security
- Information Technology
Creating and Leading Change
- Models of Organizational Change
- Need for Change
- Selecting and Implementing Change
- Responding to Change
Assignments & Grading
Your score provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.
Assignments for this course include:
- 8 Reflective Responses
- 4 Graded Exams
- 1 Graded Midterm
- 1 Graded Final
This course has an open-book Final Exam. Scientific and/or graphing calculators are allowed throughout the course.
What You’ll Need
- A reliable computer or laptop
- Stable internet connection
- Web browser
- Basic computer skills
- Scientific and/or graphing calculator
- Any required course materials
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Professional development assistance
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Launch Your Career in Management
Principles of Management will teach you what managers do, from planning and organizing to leading teams and keeping projects on track. Through this course, you’ll come to understand how businesses use these skills and strategies to achieve goals while making the most of their resources.
Why it matters:
- Nearly 1 in 4 employed professionals with a university degree studied business.
- Professionals with strong management expertise enjoy flexible career options and are in high demand for leadership roles.
How this course sets you up for success:
Operations Manager, Project Manager, Human Resources Manager, Management Consultant, Business Analyst, Marketing Manager, Supply Chain Manager, Account Manager, Executive Director, and Organizational Development Specialist
How this course sets you up for success:
Principles of Management gives you a practical foundation in how to best lead and organize teams, make strategic decisions, and use resources efficiently. Through this course, you’ll be better prepared for managerial roles or entrepreneurial ventures in virtually any industry.
Course included in Semester & Annual Plans
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