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
Information systems are important as they help ensure regulatory compliance, support better management decision making, assimilate new records management technologies and minimize litigation risks. For any business to remain relevant in a competitive market, it must embrace the use of modern information systems as they provide a cheap and clear way to stay in touch with clients and partners.Full Answer >
Businesses can use access and identity management systems to establish and manage electronic identities within the organization. These systems provide tools and technologies that administrators can use to reinforce information access policies without compromising security.Full Answer >
To ensure that a loan proposal is well presented before a loan officer, the proposal must clearly show the amount of money the business needs and how the money will be used, states the Small Business Administration, or SBA. A loan officer also wants to know how the borrower intends to repay the loan.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 >