Forces Influencing Business in the 21st Century

University of Phoenix Online
Phoenix, AZ, United States

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' This course introduces new graduate students to strategies for academic success within the University of Phoenix and explores issues and institutions that affect business outside the direct control of the organization. Topics include University of Phoenix Graduate School tools and competencies; written and verbal communication skills; an introduction to macroeconomics; legal, regulatory, political, and social environments; technological developments; and environmental scanning.
Topics and Objectives
Social Elements of Culture that Influence Business
Identify the impact of high context and low context cultures on business operations.
Compare and contrast individualism and collectivism.
Describe the influence of different cultural perspectives on global business operations.
Identify organizational costs and benefits associated with cultural diversity.
Microeconomics
Explain the fundamental principles of economics, including scarcity, choice, and opportunity cost.
Describe the predictive and explanatory features of the demand and supply model and price elasticity of demand.
Explain the role of entrepreneurs and the development of new products and technologies in a free market system.
Macroeconomics
Explain the concepts and measurements of GDP, unemployment, inflation and interest rates.
Describe how fiscal policy is used to influence the domestic economy.
Explain the methods and objectives of central banks’ monetary policy.
Describe the interaction between fiscal and monetary policy.
Macroeconomics Continued
Identify the advantages and disadvantages of globalization.
Examine the role of trade and the theory of comparative advantage.
Identify barriers to trade and the reasons countries impose them.
Describe the impact of technology on the globalization process.
Explain how international organizations such as the WTO, IMF, and World Bank affect the globalization process.
Environmental Scanning: Remote and Industry
Describe how effective environmental scanning influences the business decision-making process.
Evaluate the remote, industry and operating business environments.
Identify useful sources of information for environmental scanning.
Technological Developments
Identify emerging technologies that create opportunities for business.
Analyze methodologies for keeping abreast of technology advances within a business.
Analyze the viability and usefulness of new technologies to support a business.
Appraise the role of management in maintaining competitive advantage through technology.
...''

Phone:(800)366-9699

School Address:

3157 E. Elwood Street, Phoenix, AZ 85034 USA

Jobs & Resumes: Phoenix
Houses & Roommates: Phoenix

Cost Accounting
Financial Accounting
Advanced Business Taxation
Auditing
Foundations of Problem-Based Learning
Managing the Business Enterprise
Introduction to Finance and Accounting
Transformational Leadership
Maximizing Shareholder Wealth
Resource Optimization
Enterprise Risk
Sustainable Customer Relationships
Strategies for Competitive Advantage
Strategic Inplementation and Alignment

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