A well-rounded course. Touched on many of the essential aspects of business. Even though I have been in business for over 20 years, I found myself learning something new with each lesson.
Great course, outstanding supplementary material that went well with each lesson, and very knowledgeable instructor.
I use the material in this course on a daily basis and was able to obtain even more valuable information.
I want to thank Mr. Swaim for the course. It has been a great experience for me having been out of school for a long time. This was an eye opener for me if I would pursue my masters. Thank you very much.
Mr. Swaim had terrific link sites for continued reading, I really liked the course and will be taking Mastery of Business Applications. The course was perfect for the Business Beginnner, I felt challenged, but not overwhelmed.
Thank you. Great course, very helpful to a small business owner.
This class was the perfect avenue for learning business basics on my time. I was challenged at times, entertained other times, but always took away useful information from every lesson.
This course was great! I loved reading the lessons and learning new subjects that I hadn't gone over in school. The quizzes were very helpful too. I would totally take another class with Mr. Swaim.
This is a great course for getting a broad overview of several areas of business fundamentals. I found all of the content to be useful, without getting into too many specifics. Thank you!
Tony Swaim has provided me with an excellent and practical concept of business fundamentals. I would like to commend him for a job well done.
Course Code: msf
Learn the ins and outs of strategic planning, as well as the elements you must use to effectively implement your strategic plan. We'll study vision statements, move on to purpose and mission statements, and discuss goals, objectives, strategies, policies, and procedures. Then, look at the major strategic choices that you can choose from, ranging from core business focus to insolvency.
Learn how to organize resources so employees can perform job duties and relate to one another in the most effective way possible. Then, discuss three key management principles: motivation, leadership, and control.
Examine the elements of the general ledger, explore a few key accounting terms, contrast accounting and bookkeeping, and investigate the different types of accounting. You'll learn about vital accounting concepts, such as the accounting equation, debits and credits, and the cost principle. Then, review two financial statements that you find at nearly every organization—the balance sheet and the income statement.
Discuss the nature of discretionary, relevant, sunk, and variable costs, and many more. You'll also discover how managerial accounting differs from financial accounting. Then, learn about the different types of investment decision-making models, including average rate of return (ARR), payback period, discounted cash flow (DCF), net present value (NPV), and internal rate of return (IRR).
Learn everything you need to know about business budgeting including how to use the major budgets, including the department administration budget (also known as an expense budget), the production materials budget, the maintenance, repair and operating (MRO) budget, the capital budget, and zero-based budgeting. Then, examine performance measurements as a way to keep track of progress.
Develop a good overview of business law and also learn about some important concepts, such as the principal-agency relationship and the basics of contracts. And finally, look at the four most popular organizational forms: sole proprietorship, general partnership, limited partnership, and corporation. You’ll also spend some time going over organizational politics.
Tony Swaim has helped many clients, colleagues, and students reach their professional and personal goals. He has been an online instructor since 1998 and has taught at colleges and universities across the United States since 1981. His focus areas are project management, Six Sigma, and supply chain management. Tony manages a successful consulting firm, and his industry experience includes 20 years of supply chain management. He earned a Doctorate in Business Administration from Kennesaw State University and holds professional certifications in six disciplines, including the Project Management Professional (PMP)® certification from the Project Management Institute (PMI)® and Certified Six Sigma Black Belt (CSSBB)® from the American Society for Quality (ASQ)®.
There are no prerequisites for this course.
A new session of each course opens each month, allowing you to enroll whenever your busy schedule permits!
Once a session starts, two lessons will be released each week, for the six-week duration of your course. You will have access to all previously released lessons until the course ends.
Keep in mind that the interactive discussion area for each lesson automatically closes 2 weeks after each lesson is released, so you’re encouraged to complete each lesson within two weeks of its release.
The Final Exam will be released on the same day as the last lesson. Once the Final Exam has been released, you will have 2 weeks plus 10 days to complete the Final and finish any remaining lessons in your course. No further extensions can be provided beyond these 10 days.