Online Business Management Course-$129.99- Business Training

With Careers in Business Management booming, this is the time to become a certified Business Management professional.

According to the Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Business Management is a field that's growing at a faster than average rate with an estimated 276,000 Business Managers required by the year 2016 in various industries including public agencies, corporations, educational institutions and charitable organizations. If you're interested in a career in Business Management, now is an excellent time to jump in.

Attainment of the Business Manager Certification offered by the ExpertRating, through education, work experience, and successful completion of examinations, can help to enhance a manager’s advancement potential in the same or a different organization. This management course is also an excellent aid to those looking forward to a small online business management course .

Online Business Management Course Coverage (6 weeks program)

Week One

Wednesday - Lesson 01

In the first lesson, you'll learn the ins and outs of strategic planning. You'll find out why you need to define your business in terms of the customer and why you must have the right ingredients in place to meet customer demands. This lesson will discuss how environmental factors, such as technology and economics, shape your company. You'll also see how the internal environment determines how well your organization responds to opportunities and threats.

Friday - Lesson 02

One must believe in the phrase, "Plan your work and work your plan" because it has great applicability to strategic planning. Lesson 1 will begin by discussing the elements you must use to effectively implement your strategic plan. In this lesson students will study vision statements, move on to purpose and mission statements, and discuss goals, objectives, strategies, policies, and procedures. Next, this lesson will focus on company culture and you'll find out why planning is beneficial. Finally, this lesson will look at the major strategic choices that you can choose from, ranging from core business focus to insolvency.

Week Two

Wednesday - Lesson 03

Organizing is a critical topic that many companies struggle with. Once you have a good idea of how to develop and implement a strategic plan, you need to take the next step. This lesson will discuss how to organize resources so employees can perform job duties and relate to one another in the most effective way possible. It will share the purpose of organization and present several coordinating principles, including authority, power, and span of control. It will also spend time exploring the staffing function and evaluate the elements—recruitment, selection, appraisal, and development—and study six different forms of organizational charts.

Friday - Lesson 04

Today’s lesson will discuss three key management principles: motivation, leadership, and control. Motivation and leadership, as compared to control, represent a more subtle side of business. While control focuses on concrete things such as analysis and procedures, motivation and leadership rely on less tangible factors. The lesson will begin by defining motivation, exploring four theories of motivation, and then moving into leadership. You'll learn about the types of leadership and see how delegation and empowerment differs. The lesson will finish up by investigating control and learning how to effectively use three different control processes.

Week Three

Wednesday - Lesson 05-

This lesson and the subsequent four to follow will help you increase your mastery of financial fundamentals. It's important that you increase your readiness to use financial information to identify and understand problems and opportunities, and also make decisions. This lesson will discuss the elements of the general ledger, explore a few key accounting terms, contrast accounting and bookkeeping, and investigate the different types of accounting. You'll learn about vital accounting concepts, such as the accounting equation, debits and credits, and the cost principle.

Friday - Lesson 06

Now that you have the basics of accounting safely under your belt, it's time to start looking at how to apply financial information. Lesson 6 will start off by reviewing two financial statements that you find at nearly every organization—the balance sheet and the income statement. Without these two documents, it's impossible to determine how a firm is performing. After covering the balance sheet and the income statement, you'll learn how to account for inventories and understand about the significance of cash flow. This lesson will also explain why sound cash management helps any company stay on the right path.

Week Four

Wednesday - Lesson 07

Cost is the price you pay to acquire, maintain, produce, or use materials or services. Since most firms account for their operations at cost, it's essential that you understand how costs are determined and used. Today's lesson will discuss the nature of discretionary, relevant, sunk, and variable costs, and many more. You'll also discover how managerial accounting differs from financial accounting.

Friday - Lesson 08

The largest investment that many businesses make is in their land and buildings. Firms also make smaller, more frequent investment decisions for items such as equipment and fixture purchase and replacement. Today you'll learn about the different types of investment decision-making models, including average rate of return (ARR), payback period, discounted cash flow (DCF), net present value (NPV), and internal rate of return (IRR). This lesson will also examine the nuts and bolts of financial planning.

Week Five

Wednesday - Lesson 09

The last lesson about financial matters will wrap things up by examining budgeting. In order to be successful and make meaningful decisions about the future, you must look ahead. One way to do this is by preparing budgets. Accounting, as a major organizational function, supports a number of different types of budgets. This lesson will show you how to use the major budgets, including the department administration budget (also known as an expense budget), the production materials budget, the maintenance, repair and operating (MRO) budget, the capital budget, and zero-based budgeting.

Friday - Lesson 10

Today’s lesson will examine performance measurements as a way to keep track of progress. Studies reveal that if you don't measure a process, you can’t properly manage it. The lesson will begin with a discussion on how human nature affects performance measurements. You'll learn about the attributes of effective performance measurements and see how traditional and progressive performance measurements differ.

Week Six

Wednesday - Lesson 11

The topic for this lesson is business law. The objective is to help you develop a good overview of business law and also learn about some important concepts, such as the principal-agency relationship and the basics of contracts. This lesson will begin by talking about the nature of laws, move on to explore the basics of a legal system, and then discuss the essence of commercial law.

Friday - Lesson 12

Now that you have a basic understanding of business law, the last lesson will take a look at the four most popular organizational forms: sole proprietorship, general partnership, limited partnership, and corporation. In this lesson some time will be spent on talking about organization politics. Wherever people work together, you'll find politics. This lesson will go over "good" and "bad" politics and discuss how ethics relates to politics.