Understanding the Business Environment

About

This course introduces the functional concepts of business in terms of economic systems, global markets, corporate social responsibility, and the importance of small businesses to the American business system. Although the functional areas of business will be the core of the course, it is not intended to present those areas in depth. Instead, all functional areas will be addressed using a stakeholder lens allowing students to become familiar with how and why businesses operate the way they do.

What you will learn

• Demonstrate a basic understanding of business.
• Define capitalism and explain the basics of how free markets work
• Discuss the forces that affect trading in global markets.
• Define corporate social responsibility and its impact upon various stakeholders.
• Discuss the importance of small business in the American economy.

Skills you learn

• Corporate Social Responsibility
• Global Marketing
• Business Systems
• Economic Systems
• Auditing

Auto Summary

"Understanding the Business Environment" is a foundational course offered by edX in the Business & Management domain. Over 30 hours, learners will gain an introduction to the business environment. Available subscription options include Starter and Professional, with eligibility for Audit and Verified Certificates. Ideal for those beginning their business education.