Free Curricula Centre/OCW/Management

Course Resources
Business Fundamentals

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Principles of Management

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Topic 1
Read Business Fundamentals, Chapters 1 and 2

Read Principles of Management, Chapter 1

Supplemental Videos

Questions to consider
 * Consider how the significance of the Business Eco-System Wheel is an important part of the business while emphasizing the impacts of each the nine spokes.
 * Take the Entrepreneur assessment survey and score it. What are your findings?
 * Consider the difference between a manager and leader. Can you give an example of each?

Topic 2
Read Business Fundamentals, Chapters 10 and 14

Read Principles of Management, Chapter 3

Supplemental Videos

Questions to consider
 * What are the benefits and risks of IS?
 * How do globalisation opportunities and threats help to develop a country’s business?
 * Relate the P-O-L-C Framework to globalisation.

Topic 3
Read Principles of Management, Chapters 4, 5, and 6

Read Business Fundamentals, Chapters 6, 11, and 13

Supplemental Videos

Questions to consider
 * How do vision and mission statements affect the creation of goals and objectives of a business?
 * How do passion and values coincide?
 * What are Porter’s five forces and the analysis of competitors?
 * How is the understanding of the global market playing an active role in production and services?

Topic 4
Read Business Fundamentals, Chapter 4

Read Principles of Management, Chapters 7 and 8

Supplemental Videos

Questions to consider
 * What is the difference between a flat versus tall organisation?
 * Can you describe the levels of organisational culture?
 * Compare and contrast how leaders and managers influence employees resistant to change.

Topic 5
Read Business Fundamentals, Chapters 5 and 8

Read Principles of Management, Chapters 2, 9, 10, and 16

Supplemental Videos

Questions to consider
 * How does developing the right relationships depend on implementing explicit strategies?
 * Mangers are responsible for establishing the type of relationship that is appropriate for each situation. You are the manager: how do you ensure the right relationships?
 * Can you list three different social networks and their advantages?
 * What are the key elements of SHRM?
 * Use the Big Five Personality Traits to explain how a leader would evaluate a candidate for a position at their company.

Topic 6
Read Business Fundamentals, Chapters 3

Read Principles of Management, Chapter 11

Supplemental Videos

Questions to consider
 * Can you explain the difference between the consumer marketing model and business-to-business market model?
 * Compare and contrast individual and group decision making.
 * How can decision making influence the marketing model?

Topic 7
Read Business Fundamentals, Chapter 7

Read Principles of Management, Chapter 12 and 13

Supplemental Videos

Questions to consider
 * Explain the difference of managing a group versus managing a team.
 * Name three different types of communication and what influence each has on management.
 * What is the significance of the input/output transformation model on operations management?

Topic 8
Read Principles of Management, Chapters 14 and 15

Supplemental Videos

Questions to consider
 * Using Maslow’s Hierarchy of Needs, how would you as a manager motivate employees?
 * List three types of control and give an example of when to use each.

Topic 9
Read Business Fundamentals, Chapters 9 and 12

Supplemental Videos

Questions to consider
 * How does financial and managerial accounting influence an organisation?
 * Explain how ethics can affect business.

Topic 10
Review previous topics. Are you ready to sit the assessment and earn credit for this course? If so, and you haven’t already done so, join our community!