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.Know More
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.Learn more about Business Resources
Business mathematics and analytics help organizations make data-driven decisions related to supply chains, logistics and warehousing. This was first put into practice in the 1950s by a series of industry leaders, including George Dantzig and Harold Kuhn.Full Answer >
In the area of business management, planning allows managers to monitor employee activities to make sure they are focused and productive, helps to manage cash flow and performance and can mitigate potential harm from external factors, such as an economic downturn. As with other aspects of life, having a plan in place sets a framework for proper procedures and provides some amount of predictability. Managers adopt planning tools to set and reach short-term and long-term goals that ultimately help their organizations survive and thrive in the marketplace.Full Answer >
Entrepreneurship is important because it helps to drive the economy, it allows people to bring creativity into the marketplace, it creates companies with the potential to hire millions of people and it brings new products and services to market. In addition, impact entrepreneurship, in which businesspeople pay attention to the social impact of their products and investments, aims to improve society and the environment.Full Answer >
Safety briefings are conducted in an organization to increase awareness of safety concerns associated with duties and responsibilities. According to the Institute for Healthcare Improvement, safety briefings gather staff insight and create an environment that integrates safety into the daily work routine. Over the course of time, conducting regular safety briefings can develop a culture of safety within an organization.Full Answer >