It's been actually exactly 25 years since I began business studies like you marketing and management.
I started on October 1 of 1990. that's when I began to study.
and back then of course I had no idea. wat I will study what I am supposed to study or what these studies will uh provide me or give me what kind of opportunities I will have well now I will try to do that for you.
Today's lecture will have the following topics first l'll discuss some, foundation courses then business core courses then business specializations, business extensions.
Today's lecture will have the following topics first l'll discuss some, foundation courses then business core courses then business specializations, business extensions.
And because l've had over 15 years of teaching experience education programs how and whay business programs mostly fail around the world. And then l'll have a short conclusion for you. I anderstand that I have about 2 to 5 minutes to present.
Now i Did not Originally know, and I want to make very clear.
Today I talk about Business Education and I will talk specifically about Global business and global business is very different from Global Studies global business is a small field of Global Studies.
1= Global studies will include politics.
2= It Will In Include Global Or International Law.
3= it will include culture cultural anthropology.
Global Studies is very big. I'm focusing first only on business. Basic Business Is Tau In Business Schools Around The World.
1= Global studies will include politics.
2= It Will In Include Global Or International Law.
3= it will include culture cultural anthropology.
Global Studies is very big. I'm focusing first only on business. Basic Business Is Tau In Business Schools Around The World.
What is the foundation of business?
In other words what do you need in terms of background in order to begin understanding
business. And the two areas that you need to understand is quantitative methods. Quantitative
methods basically means math and economics. You need to understand basic economics, before you can do any business studies.
Let's a little bit about each
If you're a business students you want to take basic quantitative methods. And usually we separate these quantitative methods into subjects or in two areas.
The first area is just business math. This is standard math. Which is used mostly in business. There's Nothing Very Special Mathematics Is a Broad Field.
And you're going to study only those specific things that are commonly used in business.
Business Statistics
Business statistics is about analyzing and interpreting data. usually in the real world you will see a lot of data maybe interest rates over many many years.
Business Statistics
Business statistics is about analyzing and interpreting data. usually in the real world you will see a lot of data maybe interest rates over many many years.
Maybe exchange rates over many years. Maybe economic growth or if you want to look at economic growth you may try to relate economic growth to investments, or economic growth to consumption, or economic growth in the case of krorea with exports.
So statistics will try to tel you basic relationships. Which is let's say in the case of krorea most important for economic growth of krorea.
Is it consumption or is it Investment or is it Exports. You may have many different theories. and you may guess many different things.
But with Statistics you can get the data. You can analyze. And you can try to discover relationships. And based on the dat you can conclude which is more important or which is the most important factor. So Basic Statistics Will Tell You These.
before you begin real business studies is economics. Economics Is Divided Into Of Course Over 15 Different Fields.
The Second Foundation
before you begin real business studies is economics. Economics Is Divided Into Of Course Over 15 Different Fields.
You have let me just read to microeconomics. You have international. You have international trade. International finance.
You have labor economics. You have many different fields in economics. In general basic economics which we sometimes call principles of economics introduction to economics.
Includes these fields. (Microeconomics And macroeconomics ) you need these to understand Generaal business.
Microeconomics concerns the behavior of individuals. the behavior of consumers. And the behaviors of families.
How families get job their income. How families spend their income. How much they spend on food. How much on cars. How much on housing.
In other words. How families make economic decisions. The Economic Decisions Are About Making Money And Spending Money.
Respectively investing money. In other words. What you do with your money. So that's Microeconomics
Microeconomics tells you how much labor. How much workers to employ. How much Capital to employ. Possibly a Little bit Of how nuch to borrow. Then it tells you.
How the business is Managed?
Microeconomics tells you how much labor. How much workers to employ. How much Capital to employ. Possibly a Little bit Of how nuch to borrow. Then it tells you.
How much to produce. How to price your products. And in general the main concern for firms is. How to maximize profits about business, is about money, is about making profit.
In microeconomics focus is on. How to make maximum profits. Which Usually Boils Down To How Much To Produce And Sell And At What Price.
Thank you for your reading
The reason for this essay is that the person who reads it is someone who wants to improve himself. So don't hesitate to visit this website abdimoha.com . We only talk about finances and how to start a Business.
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