Topic Resource Learning Outcomes
Course Introduction
page Start Here: Course Orientation
page Course Introduction Video
page Course Syllabus
page AI Learning Zone
page Course Learning Outcomes (CLOs)
page Course Map
glossary Essential Terms
forum Announcements
page test
Unit 1: The Context of Business
page Unit 1 Introduction Video
page Unit 1 Learning Outcomes
  • 1a Identify foundational business practices (CLO 8)
  • 1b Describe economic indicators (CLO 1)
  • 1c Identify positive and negative impacts of business on society (CLO 8)
  • 1d Use economic indicators to describe the state and health of an economy (CLO 1)
  • 1e Explain current economic trends and growth (CLO 1)
  • 1f Identify the four phases of the business cycle in real-life situations (CLO 2)
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
  • 1h Describe global trade restrictions (CLO 1)
  • 1i Identify factors affecting the success of businesses (CLO 1)
  • 1j Evaluate the feasibility of doing business in a specific country (CLO 1)
  • 1k Describe methods for business entry into the global marketplace (CLO 3)
  • 1l Identify trade facilitators (CLO 1)
1.1: Business Basics
book What Is a Business?
  • 1a Identify foundational business practices (CLO 8)
book Getting Down to Business
  • 1b Describe economic indicators (CLO 1)
book Corporate Social Responsibility
  • 1c Identify positive and negative impacts of business on society (CLO 8)
book Environmentalism
  • 1c Identify positive and negative impacts of business on society (CLO 8)
book When Coal Plants Shut Down, What Happens Next?
  • 1c Identify positive and negative impacts of business on society (CLO 8)
page Journal: Impacts of Business
  • 1a Identify foundational business practices (CLO 8)
  • 1c Identify positive and negative impacts of business on society (CLO 8)
1.2: Productivity and the Business Cycle
book Understanding Economic Systems
  • 1a Identify foundational business practices (CLO 8)
  • 1b Describe economic indicators (CLO 1)
page Practice: Flash Cards- Types of Economic Systems
  • 1a Identify foundational business practices (CLO 8)
  • 1b Describe economic indicators (CLO 1)
page Striving for Economic Growth
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
book The Business Cycle
  • 1e Explain current economic trends and growth (CLO 1)
  • 1f Identify the four phases of the business cycle in real-life situations (CLO 2)
page Practice: Essay - Factors of Production
  • 1a Identify foundational business practices (CLO 8)
  • 1b Describe economic indicators (CLO 1)
1.3: Economic Indicators as Components of Economic Stability
book Understanding Economic Influences
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
page The Consumer Price Index
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
book The Rate of Inflation
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
book Gross Domestic Product
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
book Measuring the Health of the Economy
  • 1e Explain current economic trends and growth (CLO 1)
page GDP per Capita
  • 1e Explain current economic trends and growth (CLO1)
book Inflation and Consumer Spending
  • 1e Explain current economic trends and growth (CLO 1)
page Keeping Prices Steady
  • 1d Use economic indicators to describe the state and health of an economy (CLO 1)
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
page Journal: Work-Life Balance
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
1.4: Components of Economic Policy
page Budget Deficits (Expenses Exceed Revenues)
  • 1a Identify foundational business practices (CLO 8)
  • 1e Explain current economic trends and growth (CLO 1
book Budget Surpluses (Revenues Exceed Expenses)
  • 1e Explain current economic trends and growth (CLO 1)
page Government Regulation
  • 1c Identify positive and negative impacts of business on society (CLO 8)
book The Federal Reserve
  • 1c Identify positive and negative impacts of business on society (CLO 8)
page Journal: Economic Policy
  • 1g Use economic indicators to predict where a business is heading in the business cycle (CLO 1)
1.5: Doing Business Globally
book Competing in the Global Marketplace
  • 1j Evaluate the feasibility of doing business in a specific country (CLO 1)
  • 1k Describe methods for business entry into the global marketplace (CLO 3)
book The Drive for International Trade
  • 1j Evaluate the feasibility of doing business in a specific country (CLO 1)
page Methods for Business Entry into the Global Marketplace
  • 1k Describe methods for business entry into the global marketplace (CLO 3)
book Global Trade Restrictions
  • 1h Describe global trade restrictions (CLO 1)
book Global Trade Facilitators
  • 1k Describe methods for business entry into the global marketplace (CLO 3)
page The Financial Crisis of 2008
  • 1l Identify trade facilitators (CLO 1)
page Practice: Essay - Trade Barriers
  • 1j Evaluate the feasibility of doing business in a specific country (CLO 1)
  • 1k Describe methods for business entry into the global marketplace (CLO 3)
Unit 1 Conclusion
Unit 1 Assessment
quiz Unit 1 Assessment
Unit 2: Entrepreneurship and Legal Forms of Business
page Unit 2 Introduction Video
page Unit 2 Learning Outcomes
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
  • 2c Evaluate the appropriateness of the different legal forms of business for various business contexts (CLO 3)
  • 2d Analyze the impact of small business on the economy (CLO 3)
2.1: Legal Forms of Business
book Forms of Business Ownership
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
page Factors to Consider
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
book Sole Proprietorship
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
book Partnerships
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
book Corporations
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
book Other Types of Business Owners
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
book Business Structures
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
page Practice: Drag and Drop - Business Structures
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
page Journal: Forms of Business Ownership
  • 2a Discuss the legal forms of businesses, including sole proprietorships, partnerships, corporations, limited-liability corporations, and subchapter S corporations (CLO 3)
2.2: Entrepreneurship and How Small Businesses Affect the Economy
book What Is an Entrepreneur?
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
page Is Entrepreneurship for You?
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
book Importance of Small Businesses to the US Economy
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
book What Industries Are Small Businesses In?
  • 2d Analyze the impact of small business on the economy (CLO 3)
book Starting a Business
  • 2d Analyze the impact of small business on the economy (CLO 3)
page Practice: Roleplay - Business Ownership
  • 2d Analyze the impact of small business on the economy (CLO 3)
page What SBA Offers to Help Small Businesses Grow
  • 2d Analyze the impact of small business on the economy (CLO 3)
page Small Business Development Programs
  • 2d Analyze the impact of small business on the economy (CLO 3)
page Journal: Entrepreneurship
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
2.3: Analyzing the Potential of a Business to Be Profitable
page The Challenges of Starting a Business
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
book Entrepreneurship
  • 2c Evaluate the appropriateness of the different legal forms of business for various business contexts (CLO 3)
book The Business Plan
  • 2c Evaluate the appropriateness of the different legal forms of business for various business contexts (CLO 3)
page Write Your Business Plan
  • 2d Analyze the impact of small business on the economy (CLO 3)
page Break-Even Analysis
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
page Taxes and Growth
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
page Practice: Essay - Break-Even Analysis
  • 2b Discuss the potential of a business to be profitable, when considering legal form of business, tax rates, and break-even analysis (CLO 3)
Unit 2 Conclusion
Unit 2 Assessment
quiz Unit 2 Assessment
Unit 3: Marketing
page Unit 3 Introduction Video
page Unit 3 Learning Outcomes
  • 3a Identify the major components of the marketing mix (CLO 4)
  • 3b Describe how segmentation and research foster an understanding of consumer behavior (CLO 4)
  • 3c Describe the marketing concept (CLO 4)
  • 3d Describe the evolution of marketing (CLO 4)
  • 3e Differentiate between the components of a marketing strategy (CLO 4)
  • 3f Analyze consumer decision-making processes to predict buying behavior (CLO 4)
  • 3g Identify the implications of marketing research on marketing strategy (CLO 4)
  • 3h Describe elements of customer relationship management, including: customer life cycle, customer value proposition (CLO 4)
  • 3i Identify the marketing implications of customer relationship management (CLO 4)
  • 3j Describe brand, product development, technology adoption cycle, and product life cycle
  • 3k Use product life cycles to determine marketing strategy (CLO 4)
  • 3l Identify the marketing implications of e-business (CLO 4)
3.1: Marketing Defined
book Creating Products and Pricing Strategies
  • 3a Identify the major components of the marketing mix (CLO4)
  • 3e Differentiate between the components of a marketing strategy (CLO 4)
book Providing Value to Customers
  • 3a Identify the major components of the marketing mix (CLO 4)
page Practice: Timeline - The History of the Marketing Concept
  • 3d Describe the evolution of marketing (CLO 4)
page Practice: Essay - Marketing
  • 3a Identify the major components of the marketing mix (CLO4)
3.2: The Product
book Innovation and Product Development
  • 3c Describe the marketing concept (CLO 4)
book Pricing a Product
  • 3c Describe the marketing concept (CLO 4)
book Placing a Product
  • 3c Describe the marketing concept (CLO 4)
book Promoting a Product
  • 3e Differentiate between the components of a marketing strategy (CLO 4)
page Practice: Simulation: The Marketing Mix
  • 3e Differentiate between the components of a marketing strategy (CLO 4)
3.3: Consumer Behavior
page Consumer Purchasing Behavior
  • 3f Analyze consumer decision-making processes to predict buying behavior (CLO 4)
page Customer Relationship Management
  • 3f Analyze consumer decision-making processes to predict buying behavior (CLO 4)
page Customer Satisfaction
  • 3h Describe elements of customer relationship management, including: customer life cycle, customer value proposition (CLO 4)
page Introduction to Electronic Commerce and E-Business
  • 3l Identify the marketing implications of e-business (CLO 4)
page Key Motivators Behind Taking a Business Online
  • 3l Identify the marketing implications of e-business (CLO 4)
book Interacting with Your Customers
  • 3l Identify the marketing implications of e-business (CLO 4)
page Journal: Customer Interaction
  • 3f Analyze consumer decision-making processes to predict buying behavior (CLO 4)
page Practice: Flash Cards - Categories of eCommerce
  • 3l Identify the marketing implications of e-business (CLO 4)
3.4: Marketing Segmentation
page Defining the Market
  • 3b Describe how segmentation and research foster an understanding of consumer behavior (CLO 4)
  • 3i Identify the marketing implications of customer relationship management (CLO 4)
book Marketing Research Process
  • 3g Identify the implications of marketing research on marketing strategy (CLO 4)
page The Product Life Cycle
  • 3j Describe brand, product development, technology adoption cycle, and product life cycle (CLO 4)
  • 3k Use product life cycles to determine marketing strategy (CLO 4)
page Branding
  • 3j Describe brand, product development, technology adoption cycle, and product life cycle (CLO 4)
page Marketing Plan
  • 3e Differentiate between the components of a marketing strategy (CLO 4)
  • 3g Identify the implications of marketing research on marketing strategy (CLO 4)
page SWOT Analysis
  • 3g Identify the implications of marketing research on marketing strategy (CLO 4)
page Practice: Quick Questions - The Product Life Cycle
  • 3j Describe brand, product development, technology adoption cycle, and product life cycle (CLO 4)
  • 3k Use product life cycles to determine marketing strategy (CLO 4)
Unit 3 Conclusion
Unit 3 Assessment
quiz Unit 3 Assessment
Unit 4: Accounting, Finance, and Banking
page Unit 4 Introduction Video
page Unit 4 Learning Outcomes
  • 4a Describe the role of accounting and finance in the business process (CLO 5)
  • 4b Describe components of the income statement and balance sheet (CLO 5)
  • 4c Differentiate between key financial ratios for making business decisions, including profit margin, return on equity, and debt to equity ratio (CLO 6)
  • 4d Assess the implications of financial ratios for the future performance of a company (CLO 6)
  • 4e Describe the roles of the Federal Reserve, banks, interest rates, and credit analysis with respect to decisions on financial lending (CLO 5)
  • 4f Describe different options for financing (CLO 5)
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
  • 4h Analyze the causes and implications of the 2008 financial meltdown (CLO 5)
  • 4i Calculate the time value of money (CLO 5)
4.1: Business Accounting
book Using Financial Information and Accounting
  • 4a Describe the role of accounting and finance in the business process (CLO 5)
  • 4b Describe components of the income statement and balance sheet (CLO 5)
book The Role of Accounting in Business
  • 4a Describe the role of accounting and finance in the business process (CLO 5)
book Understanding Financial Statements
  • 4b Describe components of the income statement and balance sheet (CLO 5)
page Practice: Essay - Financial Statements
  • 4b Describe components of the income statement and balance sheet (CLO 5)
4.2: Components of an Income Statement
book Income Statement
  • 4b Describe components of the income statement and balance sheet (CLO 5)
book Accrual Accounting
  • 4b Describe components of the income statement and balance sheet (CLO 5)
page Practice: Infographic - Accrual Accounting and Financial Statements
  • 4b Describe components of the income statement and balance sheet (CLO 5)
page Journal: How Financial Statements Inform Businesses
  • 4b Describe components of the income statement and balance sheet (CLO 5)
4.3: Components of a Balance Sheet
page Assets, Liabilities, and Stockholders' Equity
  • 4a Describe the role of accounting and finance in the business process (CLO 5)
  • 4b Describe components of the income statement and balance sheet (CLO 5)
page Practice: Quick Questions - Financial Statements
  • 4a Describe the role of accounting and finance in the business process (CLO 5)
  • 4b Describe components of the income statement and balance sheet (CLO 5)
4.4: Financial Ratio Analysis
book Financial Ratio Analysis
  • 4c Differentiate between key financial ratios for making business decisions, including profit margin, return on equity, and debt to equity ratio (CLO 6)
  • 4d Assess the implications of financial ratios for the future performance of a company (CLO 6)
page Practice: Essay - Financial Ratios
  • 4c Differentiate between key financial ratios for making business decisions, including profit margin, return on equity, and debt to equity ratio (CLO 6)
  • 4d Assess the implications of financial ratios for the future performance of a company (CLO 6)
4.5: The Role of Banks in Finance
book The Role of the Federal Reserve
  • 4e Describe the roles of the Federal Reserve, banks, interest rates, and credit analysis with respect to decisions on financial lending (CLO 5)
book The Federal Reserve System
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
  • 4i Calculate the time value of money (CLO 5)
page Monetary Policy and Central Banks
  • 4e Describe the roles of the Federal Reserve, banks, interest rates, and credit analysis with respect to decisions on financial lending (CLO 5)
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
  • 4i Calculate the time value of money (CLO 5)
page The Federal Reserve's Involvement in a Financial Crisis
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
  • 4h Analyze the causes and implications of the 2008 financial meltdown (CLO 5)
page Practice: Matching - Roles of the Federal Reserve
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
4.6: Financing Options
book Financing Options
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
book Understanding Securities Market
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
book Financing Going Concerns
  • 4f Describe different options for financing (CLO 5)
book Personal Finances
  • 4f Describe different options for financing (CLO 5)
page Practice: Essay - Financing Options
  • 4g List and explain the tools available to the Federal Reserve during financial crises (CLO 5)
Unit 4 Conclusion
Unit 4 Assessment
quiz Unit 4 Assessment
Unit 5: Management
page Unit 5 Introduction Video
page Unit 5 Learning Outcomes
  • 5a Define the management process (CLO 7)
  • 5b Explain how management contributes to the success or failure of a business (CLO 7)
  • 5c Differentiate between various management styles (CLO 7)
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
  • 5e Describe the steps in conducting labor negotiations (CLO 7)
  • 5f Describe business law concepts that apply to business (CLO 7)
5.1: Defining Management
page Management and Leadership in Today’s Organizations
  • 5a Define the management process (CLO 7)
page Managing for Business Success
  • 5b Explain how management contributes to the success or failure of a business (CLO 7)
book Planning
  • 5a Define the management process (CLO 7)
book Organizing
  • 5a Define the management process (CLO 7)
page Directing
  • 5a Define the management process (CLO 7)
page Controlling
  • 5a Define the management process (CLO 7)
page The Skills Needed for Management
  • 5a Define the management process (CLO 7)
page Journal: Managing for Business Success
  • 5a Define the management process (CLO 7)
page Practice: Interactive Application - Managerial Skills
  • 5b Explain how management contributes to the success or failure of a business (CLO 7)
5.2: The Role of Human Resource Management
book The Role of Human Resource Management
  • 5c Differentiate between various management styles (CLO 7)
book Employee Recruitment
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
book Developing
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
book Motivating
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
book Appraisal
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
page Employee Compensation and Benefits
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
book What Makes a Great Place to Work?
  • 5e Describe the steps in conducting labor negotiations; [6] describe business law concepts that apply to business (CLO 7)
page Catching the Entrepreneurial Spirit
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
page Joining Labor Unions
  • 5e Describe the steps in conducting labor negotiations (CLO 7)
book Labor Unions
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
page Journal: What Makes a Great Place to Work?
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
5.3: Teamwork and Communications
book Teamwork and Communications
  • 5e Describe the steps in conducting labor negotiations (CLO 7)
page Practice: Essay - Multicultural Virtual Teams
  • 5e Describe the steps in conducting labor negotiations (CLO 7)
5.4: Forming a Corporate Mission and Culture
page Trends in Ethics and Corporate Social Responsibility
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
page Practice: Quick Questions - Types of Planning
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
5.5: Business Ethics
page Corporate Social Responsibility and Business Ethics
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
book Business Ethics and Social Responsibility
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
page Journal: Your Perspective on Ethics
  • 5d Explain corporate missions, corporate culture, corporate social responsibility, human resource management, and labor unions (CLO 7)
5.6: Concepts in Business Law
book Risk and Risk Management
  • 5f Describe business law concepts that apply to business (CLO 7)
book Introduction to Contracts, Sales, Product Liability, and Bankruptcy
  • 5e Describe the steps in conducting labor negotiations (CLO 7)
  • 5f Describe business law concepts that apply to business (CLO 7)
page Practice: Matrix - Risk
  • 5f Describe business law concepts that apply to business (CLO 7)
Unit 5 Conclusion
Unit 5 Assessment
quiz Unit 5 Assessment
Course Conclusion
Study Guide
book BUS101 Study Guide
Certificate Final Exam
quiz BUS101: Certificate Final Exam
quiz BUS101: Certificate Final Exam v1
quiz BUS101: Certificate Final Exam v2
coursecertificate View Your Course Completion Certificate
Saylor Direct Credit
lti BUS101: Credit Final Exam
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