UPI Study, Inc. | Evaluated Learning Experience
Business 100: Business Essentials
Varies (self-study; self-paced).
March 2021 - Present.
Upon successful completion of the course, students will be able to: define and explain key economic concepts such as supply, demand, market equilibrium, and opportunity cost, assessing their impact on market dynamics; analyze consumer behavior and decision-making processes, evaluating production decisions and cost structures in different market structures; understand and critique macroeconomic policies, including fiscal and monetary policy, and their influence on economic stability and growth; examine the implications of trade policies on international relations and economic welfare, including the concept of comparative advantage in international trade; differentiate between various financial instruments and understand the functioning of financial markets, the role of financial intermediaries, and the impact of monetary policy on investment decisions; and assess the role of central banks and major international banking organizations in maintaining economic stability and promoting global financial health.
The course is self-paced, and instruction is delivered through online video and text lessons. Students are assessed through quizzes, assignments and a proctored final exam. Major topics include the business environment; ethics, social responsibility, and business; business economics: basics and implications; navigating global business markets; types of business ownership; the world of entrepreneurs and small businesses; principles of business leadership; organizational structures and dynamics; business operations and production; workplace productivity and motivation; fundamentals of human resource management; employer-employee relationship; marketing principles and strategies, from product development to retail; supply chain and distribution dynamics; crafting the right pricing and promotion strategies; business information systems; the impact of information technology on business; strategies for business risk management; introduction to business accounting; principles of financial management; navigating securities markets and investments; and understanding money and financial institutions.
In the lower division baccalaureate/associate degree category, 3 semester hours in Business Essentials, Introduction to Business, Principles of Business, Business Administration elective, or as an elective in Business Management (1/24).