Business Fundamentals
Posted: Sat Feb 22, 2025 2:52 pm
Business Fundamentals
Business Fundamentals are the core principles that form the foundation of any business operation. These include essential concepts related to management, organizational behavior, and corporate ethics.
1. Principles of Management
Business Fundamentals are the core principles that form the foundation of any business operation. These include essential concepts related to management, organizational behavior, and corporate ethics.
1. Principles of Management
- Involves planning, organizing, leading, and controlling business activities.
- Helps in setting business goals, making decisions, and improving efficiency.
- Covers management styles, leadership skills, and strategic planning.
- Studies how individuals and groups behave within a business.
- Focuses on motivation, teamwork, leadership, and communication.
- Helps improve workplace productivity and employee satisfaction.
- Business ethics refers to moral principles in decision-making and business operations.
- Corporate governance ensures businesses operate transparently and responsibly.
- Includes topics like social responsibility, legal compliance, and ethical leadership.