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BUS125: Management Principles

Module 1: Management Today

  • Welcome to Management Principles
  • The World of Management
  • Management Roles
  • Manager Characteristics
  • Managerial Responsibilities
  • Management Structures
  • Management Skills
  • P-O-L-C Framework
  • Leadership
  • Entrepreneurship

Module 2: Milestones in Management Theory

  • History of Management
  • Industrial Revolution
  • Smith: The Division of Labor
  • Taylor: Scientific Management
  • Taylor: Scientific Management
  • Fayol: Principles of Management
  • Weber: The Ideal Bureaucracy
  • Limitations of the Early Views
  • Mayo: The Hawthorne Studies
  • McGregor: Theory X & Theory Y
  • Maslow: Hierarchy of Needs
  • Herzberg: Motivation-Hygiene Theory

Module 3: Business Ethics & Corporate Social Responsibility

  • Business Ethics
  • Business Ethics Since The Great Recession
  • Corporate Fraud
  • Costs of Unethical Behavior
  • Integrating Ethics in Managerial Decision Making
  • Ethical Behavior vs Legal Behavior
  • Ethical Challenges
  • Codes of Ethics & Practice
  • Encouraging Ethical Behavior
  • Whistleblowing
  • Corporate Social Responsibility
  • Controversies Surrounding Corporate Social Responsibility
  • Social Entrepreneurship & Social Enterprise

Module 4: Decision Making

  • Understanding Decision Making
  • Types of Decisions
  • Rational Decision-Making Process
  • Satisfice: Making “Good Enough” Decisions
  • Intuitive Decisions
  • Making Creative Decisions
  • Choosing The Right Approach
  • Faulty Decision Making
  • Decision Making in Groups
  • Groupthink
  • Making Better Decisions

Module 5: Mission, Vision & Values

  • Planning
  • Mission & Vision Statements
  • Values
  • Mission & Vision in Strategy Development
  • Creativity & Passion
  • Creativity Tools
  • Passion
  • Stakeholders
  • Identifying Stakeholders
  • Crafting Mission & Vision Statements

Module 6: Strategic Analysis

  • Corporate & Business Strategies
  • Strategic Analysis
  • External Environment
  • SWOT Analysis
  • PESTEL
  • Porter’s Five Forces: The Micro Environment
  • Internal Analysis
  • VRIO
  • Situational Analysis
  • Competition & Competitive Advantage
  • Business Strategies
  • Strategic Positioning
  • How Strategies Emerge

Module 7: Planning & Strategy Implementation

  • Planning
  • Strategic Planning
  • The Planning Cycle
  • The Planning Process
  • Long-Term & Short-Term Plans
  • Benchmarking
  • The Nature of Goals & Objectives
  • Goal Setting
  • Management by Objective
  • Balanced Scorecard
  • Effective Goals & Objectives
  • Levels of Strategies
  • Measuring & Evaluating Performance

Module 8: Organizational Design

Module 10: Individual Behavior

Module 11: Managing Teams

Module 12: Motivating Employees

Module 13: Managers as Leaders

Module 14: Managerial Controls

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Mark’s Courses

Penn Highlands Community College
BUS110: Introduction To Business
BUS125: Management Principles
BUS206: Operations Management
ECO100: Macroeconomics
ACP100: Academic & Career Planning

Southern New Hampshire University
MKT113: Introduction To Marketing
MKT205: Applied Marketing Strategies
MKT229: Integrated Marketing Communications

CONTACT

Penn Highlands:
mparfitt@pennhighlands.edu

SNHU:
m.parfitt@snhu.edu

Phone/Text/Signal:
814-404-3144

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