Q:

What is the importance of business education?

A:

Quick Answer

Business education, which encompasses several disciplines, enables people to think, speak and behave in ways that support the growth, efficiency and effectiveness of an organization or several organizations. Specific objectives vary by educational institution, specialty, and, in the case of corporate-sponsored training and education, an organization's values and mission.

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What is the importance of business education?
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Full Answer

Business education that is geared toward high school students serves as a general introduction to available careers and success in the workplace. Undergraduate business education courses for non-business majors teach students to communicate effectively across diverse disciplines and may include coursework on interpersonal communication, general accounting and finance and business writing. Coursework for business majors and graduate business students focuses on management styles, organizational management, risk management, and advanced accounting and finance. At this level, education equips the student to thrive in a corporate environment, especially as part of a management track.

When an employer provides business education opportunities for its employees, it does so to introduce new concepts, reinforce existing practices or promote new ways of thinking that benefit the organization. For example, it may support a procedural change or the addition of new types of technology to replace older, less efficient processes.

Non-credit continuing education, such as workshops, seminars and lectures, appeal to a wide range of professionals, including small business owners, prospective entrepreneurs and others who have no formal exposure to the business world.

Sources:

  1. businessweek.com

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