This course will expose you to business terminology, concepts, and current business practices. We work collaboratively with faculty and subject matter experts to develop and test iterative, continuous improvements aimed at increasing efficacy and learning. Completing this unit should take you approximately 10 hours. Click Unit 1 to read its introduction and learning outcomes. In this unit we examine some techniques business owners use to analyze profitability. Lumen course materials are mobile-friendly. Once you pass this final exam, you will be awarded a free Course Completion Certificate. Your feedback will help us make our courses better, and we use your feedback each time we make updates to our courses. orients students to the shifting business landscape and prepares them for success in business program curriculum and the workplace. By delving into the five units of this course, you will fine tune your direction and choice of career in business. If you do not pass the exam on your first try, you can take it again as many times as you want, with a 7-day waiting period between each attempt. Completing this unit should take you approximately 15 hours. Completing this unit should take you approximately 17 hours. Getting Down … Nickels/McHugh/McHugh, Understanding Business and Understanding Business: The Core do more than help you teach the Introduction to Business course. We review the characteristics of successful entrepreneurs, how small businesses impact the economy, and the role of the Small Business Administration in the United States. They include text, images, videos, assessments, directed feedback, practice questions, simulations, and other interactives that invite students to apply their knowledge, improve their understanding, and perform better. We also examine how banks, such as the U.S. Federal Reserve Bank, affect the ability of businesses to obtain financing. We will examine the financial meltdown of 2008, including the government bailout of AIG and General Motors, and the collapse of Lehman Brothers, which provide teachable moments in economic policy and business cycles. Completing this unit should take you approximately 16 hours. Your grade for the exam will be calculated as soon as you complete it. We … ¿consideraría el uso de la computación en la nube? Easy access to course materials in your LMS (Blackboard, Canvas, D2L, and Moodle) plus automatic grade return. Excluding course final exams, content authored by Saylor Academy is available under a Creative Commons Attribution 3.0 Unported license. This Introduction to Business course develops students’ understanding of business fundamentals with learning design structured around timely, real-world case studies and examples. This Introduction to Business course develops students’ understanding of business fundamentals with learning design structured around timely, real-world case studies and examples. See OER pioneer David Wiley’s overviews of Lumen courseware. First, read the course syllabus. The management practices that a business adopts will inform how well it is able to achieve its goals and respond to changes in the workplace. Freedom to tailor course content to fit your learning outcomes and instructional approach. If you do not pass the exam on your first try, you can take it again a maximum of 3 times, with a 14-day waiting period between each attempt. Lumen OER courses apply learning science to engage students and better support the learning process. Then, enroll in the course by clicking "Enroll me in this course". We have fully revised Module 8: Entrepreneurship and added a new module, Module 17: Using Technology to Manage Business Information. acquire these skills by the reading materials, exercises, and research assignments that simulate today's workplace. Fill out our Try this Course form, and we’ll get materials to you, Send a message to support@lumenlearning.com if you’d like help, Start teaching A thorough understanding of accounting and financial management allows business owners to find the best sources and use of funds. To pass this course and earn a Proctor-Verified Course Certificate and official transcript, you will need to earn a grade of 70% or higher on the Saylor Direct Credit Final Exam. View this faculty roundtable recording to hear about other teachers’ experiences using these course materials. These improved and new modules both include practice opportunities for students to enrich their learning. Additional contributions were created by Tina Lance at Germanna Community College, Wendy Wright at Cerritos College, Betty Fitte at Tidewater Community College, Bob Carroll & Andrea Foster at Montgomery Community College, and Charlene Barker at Spokane Falls Community College. Introduction to Business. Faculty-friendly onboarding, training, and support. Term over term, Lumen’s Waymaker courseware makes it possible to use learning data to identify where content improvements are needed. Why It Matters: Role of Business. Lumen is 100% committed to providing learning materials that are accessible to all learners. It is not meant to replace the course materials! Start with curated, outcome-aligned OER and supplemental instructor resources like quiz banks, assignments, slide decks, etc. It involves the product, price, distribution, and promotion in the form of advertisement, publicity, public relations, and sales promotion. You will then see the learning materials and instructions on how to use them. Click the buttons below to learn more about why we are THE GOLD STANDARD in Introduction to Business. You will Ready-to-adopt open educational resources (OER) include text, videos, simulations, self-checks, and other interactives. We appreciate your feedback, whether you completed the whole course or even just a few resources. If you come across any urgent problems, email contact@saylor.org or post in our discussion forum. Key topics include the role of business, the global economic and legal environment, ethics, marketing, accounting and finance, and managing processes and operations. For example, you can derive an accurate measure of the health of your business from the income statement, balance sheets, and financial ratios. Linda Williams, Tidewater Community College, Nina Burokas, Mendocino College and Saddleback College, Robert Danielson, Saint Mary’s College of California, Bob Carroll, Montgomery Community College, Andrea Foster, Montgomery Community College, Charlene Barker, Spokane Falls Community College, “Since using Waymaker, student learning has improved since they engage with the material at a deeper level using critical thinking skills.” – Kathryn Rhodes, Roane State Community College, “Since using Waymaker, I have had better conversations in the classroom.” – Mary Stucko, Lansing Community College, “Waymaker is an intuitive experience that allows each student to work at their own pace.