Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

OpenLearning

Essentials of Business Management

via OpenLearning

Overview

Master AI & Machine Learning for 50% Off
Go under the hood of AI — neural networks, real-world applications & more. Designed by UNSW experts.
Enroll Now
Explore the fundamentals of business management in this 40-hour course designed to build practical knowledge across key managerial disciplines. Gain a solid understanding of organisational structure, human resource management, and team management to enhance workplace effectiveness. Develop skills in financial management by working with financial statements, budgeting, and cost analysis to support informed decision-making and resource control. Learn how to apply customer understanding concepts, including customer roles, segmentation, and needs analysis, to inform and support business strategies. Examine the internal and external business environment through PESTEL and industry analysis frameworks, while evaluating critical contemporary issues such as sustainability, ESG, and globalisation. Strengthen your ability to apply structured decision-making processes and planning principles to address real-world organisational and strategic challenges.

Syllabus

  • 1. Demonstrate understanding of organisational structure, human resource management, and team management in achieving workplace effectiveness.
  • 2. Apply basic financial management concepts, including financial statements, budgeting, and cost analysis, to support managerial decision-making and resource control.
  • 3. Apply basic concepts of customer understanding, including customer roles, segmentation, and needs, to support simple business strategies.
  • 4. Analyse the influence of internal and external business environments by applying PESTEL and industry analysis tools, and evaluate sustainability, ESG, and globalisation issues to support effective business strategies. In addition, apply decision-making processes and planning principles to address organisational and strategic challenges
  • 5. Apply decision-making processes and planning principles to address organisational and strategic challenges.

Taught by

Universiti Tenaga Nasional

Reviews

Start your review of Essentials of Business Management

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.