Developing Business Acumen

  • Course type: Self-paced
  • Available Lessons: 43
  • Average Lesson Length: 8 min
  • Eligible for Certificate: Certificate completed Yes

    Certificates show that you have completed the course. They do not provide credit.

  • Watch a preview:

    What Is Business Acumen? - Definition & Examples

  • Developing Business Acumen Practice Test

Course Summary

We've created this corporate training course on developing business acumen to make it easy to teach your employees about these concepts. Each chapter is accessible 24 hours a day and contains lessons by subject that are accompanied by self-assessment quizzes for ease of learning.
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5 chapters in Developing Business Acumen

Course Practice Test

Check your knowledge of this course with a 50-question practice test.
  • Comprehensive test covering all topics
  • Detailed video explanations for wrong answers
Week {{::cp.getGoalWeekForTopic(0, 5)}}
Ch 1. Introduction to Business Acumen {{cp.topicAssetIdToProgress[492117].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Is Business Acumen? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[492119].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492119].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[492119].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492119].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What Is a Business Organization? - Structure, Types & Examples Score: {{cp.lessonAssetIdToProgress[8760].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8760].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[8760].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8760].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Business Objectives: Definition, Purpose & Types Score: {{cp.lessonAssetIdToProgress[304005].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[304005].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[304005].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[304005].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Are Business Goals? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[7878].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7878].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[7878].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7878].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Practical Application: Assessing Your Business Acumen
Week {{::cp.getGoalWeekForTopic(1, 5)}}
Ch 2. Importance of Business Planning {{cp.topicAssetIdToProgress[492121].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Why Are Business Plans Important? Score: {{cp.lessonAssetIdToProgress[63777].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[63777].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[63777].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[63777].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Practical Application: Business Plan Template
Lesson 3 - What Are Operational Plans for a Business? - Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[6941].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[6941].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[6941].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[6941].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Competition Analysis in Business Planning Score: {{cp.lessonAssetIdToProgress[142231].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[142231].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[142231].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[142231].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is Market Analysis? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[142234].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[142234].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[142234].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[142234].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What Are Performance Levers? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[492123].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492123].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[492123].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492123].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How to Determine Your Company's Performance Levers Score: {{cp.lessonAssetIdToProgress[492125].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492125].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[492125].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492125].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(2, 5)}}
Ch 3. Business Operations Management {{cp.topicAssetIdToProgress[492127].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Day-To-Day Operations of a Business: Definition & Explanation Score: {{cp.lessonAssetIdToProgress[7576].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7576].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[7576].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7576].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Operations Management: Definition & Fundamentals Score: {{cp.lessonAssetIdToProgress[79875].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[79875].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[79875].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[79875].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Operations Management Planning Score: {{cp.lessonAssetIdToProgress[12015].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12015].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[12015].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12015].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What is a Business Model? - Definition & Relationship to Operations Score: {{cp.lessonAssetIdToProgress[79876].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[79876].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[79876].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[79876].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Practical Application: Assessing a Need in Business Model Change
Lesson 6 - Strategic Decisions in Operations & Supply Chain Management Score: {{cp.lessonAssetIdToProgress[40292].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40292].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[40292].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40292].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is Research and Development? - Definition, Methods & Examples Score: {{cp.lessonAssetIdToProgress[11380].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[11380].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[11380].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[11380].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - What Is the Product Development Process? Score: {{cp.lessonAssetIdToProgress[5289].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5289].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[5289].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5289].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(3, 5)}}
Ch 4. Business Strategy Acumen {{cp.topicAssetIdToProgress[492129].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - Different Types of Business Strategies Score: {{cp.lessonAssetIdToProgress[14580].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14580].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[14580].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14580].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Strategies of Market & Non-Market Business Environments Score: {{cp.lessonAssetIdToProgress[27022].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[27022].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[27022].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[27022].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Porter's Five Forces: Definition & Examples Score: {{cp.lessonAssetIdToProgress[55447].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[55447].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[55447].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[55447].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Is a Value Chain? - Definition, Analysis & Example Score: {{cp.lessonAssetIdToProgress[15996].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15996].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[15996].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15996].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is Growth Strategy? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[216863].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[216863].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[216863].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[216863].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Pricing Objectives: How Firms Decide on a Pricing Strategy Score: {{cp.lessonAssetIdToProgress[1584].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1584].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[1584].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1584].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Sales Strategy: Definition, Elements & Implementation Score: {{cp.lessonAssetIdToProgress[56885].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[56885].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[56885].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[56885].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - What Is Marketing Strategy? - Examples & Objectives Score: {{cp.lessonAssetIdToProgress[5286].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5286].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[5286].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5286].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Relationship Between HR & Business Strategy Score: {{cp.lessonAssetIdToProgress[65281].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[65281].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[65281].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[65281].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Strategic Management Process Score: {{cp.lessonAssetIdToProgress[2148].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2148].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[2148].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2148].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Practical Application: Using Porter's Five Forces Model in Your Business
Week {{::cp.getGoalWeekForTopic(4, 5)}}
Ch 5. Goals of Financial Management {{cp.topicAssetIdToProgress[492131].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Are the Goals of Financial Management? Score: {{cp.lessonAssetIdToProgress[69812].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[69812].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[69812].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[69812].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What Is an Income Statement? - Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9172].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9172].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[9172].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9172].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Balance Sheet: Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9171].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9171].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[9171].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9171].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Statement of Cash Flows: Purpose, Format & Examples Score: {{cp.lessonAssetIdToProgress[9173].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9173].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[9173].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9173].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Statement of Retained Earnings: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[16001].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16001].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[16001].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16001].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Financial Statement Analysis: Definition, Purpose, Elements & Examples Score: {{cp.lessonAssetIdToProgress[39379].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[39379].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[39379].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[39379].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Net Profit: Definition & Calculation Score: {{cp.lessonAssetIdToProgress[7535].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7535].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[7535].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7535].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Net Loss: Definition & Formula Score: {{cp.lessonAssetIdToProgress[7507].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7507].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[7507].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7507].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - How to Calculate Economic Profit: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15684].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15684].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[15684].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15684].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - What is EBITDA? - Definition & Formula Score: {{cp.lessonAssetIdToProgress[243711].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243711].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[243711].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243711].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Identifying & Assessing Financial Trends in Business Score: {{cp.lessonAssetIdToProgress[492133].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492133].bestScoreQuestions}}  Take Quiz Optional
Score: {{cp.lessonAssetIdToProgress[492133].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[492133].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Practical Application: Analyzing Financial Statements

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Practice Tests in this course
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