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Business Principles

Course Number: 10102158
Credits: 3.00

Course Description

10-102-158 BUSINESS PRINCIPLES ...economics and business; global business; ethics and social responsibility; types of business ownership; entrepreneurship; role of management: operations management; human resources; marketing; managing financial resources and legal issues impacting business.

Course Typically Offered

  • Summer
  • Fall
  • Spring

Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.

Credit for Prior Learning

Course Competencies

  1. Analyze financial results to determine operational changes that will impact future organizational success.
  2. Explain what it means to act ethically in business.
  3. Describe the complicated relationship between the economy and business.
  4. Compare and contrast the major forms of business ownership
  5. Evaluate the advantages and disadvantages of entrepreneurship.
  6. Critique the various management styles to determine the most effective style for specific organizations.
  7. Identify the strategic role of management in Human Resources for organizational development.
  8. Explain how organizations create value through operational excellence and customer focus.
  9. Demonstrate business strategies through a real life scenario.