The World of Business
The World of Business introduces the domain of business and key elements of the functional areas within the context that an organization operates. You’ll examine a variety of functional areas and types of business in order to understand their interconnectedness. Additional topics include the business cycle, global business practices, and impact on productivity.
max. 8 weeks
Estimated time per week
Business managers, Business executives, Operations managers
What will I learn?
Describe the role of business in society, the core functions within a business, and internal and external forces that affect business activities and productivity
Identify the nature, characteristics, advantages and disadvantages of different forms of business and organizational structure
Assess the functions, tasks, roles, and interconnectivity that each functional area performs to meet business objectives in small, medium, and multinational enterprises, including the role of SMEs (small medium enterprises) in emerging economies
Define ethics, integrity, and social responsibility in the context of business
Identify current trends and challenges faced in functional areas and in doing business globally
Apply basic business skills and concepts to a real-life business scenario
How will I learn?
What support will I receive?
When you have a dedicated team on your side, you'll never be alone studying at Nexford. Hailing from many different countries and with online education expertise, our faculty provides you world-class support. Ask them questions during one-to-one office hours or live chat , email them any time, and get individual feedback on your assessments.
Whilst you’re learning, you’ll also have full access to the free Nexford online library, which includes access to millions of full-text articles, industry reports and key sources such as the Wall Street Journal, the Financial Times and The Economist.
LinkedIn Learning: unlimited access with Nexford
Support your Nexford goals with access to LinkedIn Learning during your program, at no additional cost. Explore the learning hub of the globe’s biggest professional networking platform to:
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- Test what you’ve learned: use LinkedIn Learning assessments