- Course type: Self-paced
- Available Lessons: 159
- Average Lesson Length: 8 min
Eligible for Certificate:
Certificates show that you have completed the course. They do not provide credit.
Watch a preview:chapter 1 / lesson 1How the Economic and Legal Environment Affects Business
This course can be found in: DSST Test Prep
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Course SummaryLet us help you pass the DSST Introduction to Business exam and earn college credit with our comprehensive study guide. Earn a passing score on the exam by watching our video lessons, taking the quizzes and chapter tests, and using the printable transcripts to study at any time.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
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About This Course
Spend 3-4 weeks watching short and fun video lessons in this course, which prepares you for the DSST Introduction to Business Exam. Passing the DSST exam means you can earn 3 college credits that are transferable to a couple thousand colleges and universities nationwide.
The engaging and comprehensive video lessons in this course cover all the same concepts you would find in a standard college intro to business course. You'll explore the many different leadership styles and find out the best ways to manage risk through videos that bring these concepts to life.
Check out our DSST test prep materials! We've got DSST courses to teach you the material, comprehensive DSST study guides to help you study, DSST practice tests to test your knowledge, and informational DSST resources to get you up to speed on testing logistics.
Syllabus & Course Information
After you've watched all the lessons in this course, you'll have mastered the following objectives. These objectives are in line with the questions you'll be asked on the DSST Intro to Business Exam. To get some additional preparation, use the final exam that closes out this course.
- Study the nature of business, entrepreneurship and business trends.
- Learn about the impact of the economy, legal environment, technology, competition and the global market on business.
- Explore ethics and social responsibility in business.
- Examine economics to learn about the circular flow of economic activity, capitalism, the free market, competition, unemployment, gross domestic product and the business cycle.
- Learn about the importance of global business, strategies for competing in the global market and the impact of culture on business.
- Study the forms of business ownership, including sole proprietorship, partnership and corporation.
- Examine entrepreneurship and small business.
- Look at management of a small business and how small businesses compete in the global market.
- Find out about management levels, skills and roles.
- Examine managerial roles, functions of management and types of planning.
- Take a look at leadership types and styles and how they impact a business.
- Learn about organizational management, management principles, theories on management and organizational design.
- Study production and customer satisfaction.
- Learn about operations management planning and management information systems.
- Examine motivation theory, behavioral management, the needs theory, the Pygmalion effect, acquired needs theory and equity theory of motivation.
- Take a look at human resource management to learn about the hiring process, new employee orientation, training methods and employee compensation.
- Learn about organized labor and union agreements, collective bargaining, mediation and arbitration.
- Find out about marketing, production and sales.
- Learn about competitive advantage, the marketing mix and marketing research.
- Take a look at business products, consumer products and product development.
- Study brand equity, retail segments and product life cycles.
- Examine the supply chain, the differences between for-profit and non-profit marketing, wholesale, supply chain management and the marketing channel.
- Explore how pricing is determined through looking at personal selling, relationship selling, pricing objectives, price selection and economic impacts.
- Study promotion in the marketing mix, consumer awareness, the promotional mix, effects of advertising and public relations.
- Learn about information systems, business strategies provided by information systems, internet communication, enterprise software, customer relationship management, data hierarchy and business intelligence.
- Find out about information technology and learn about intellectual property, open source software, ergonomics, globalization and computer security.
- Learn about ways to manage risk and insurance coverage options.
- Examine accounting principle and technology, balance sheets, income statements, cash flows, inventory valuation methods and the accounting cycle.
- Look at the role of financial management, planning and controls.
- Study financing and equity.
- Study securities markets, trading securities, bonds and investment opportunities.
- Learn about the four basic functions of money, fractional reserve systems, how money is made, money demand and the money market.
- Learn about technology and banking and international banking.
This is an introductory course on business concepts, so prerequisites aren't needed to take this course.
This course features 25 chapters that offer 263 short video lessons you can watch in about 5-10 minutes. Test your knowledge of the materials with the corresponding lesson quiz then follow-up by taking the chapter exam once you've finished the lessons in your chapter.
If you want to read along with the videos or refer back to a concept use the transcripts that come with each video. You can also keep track of lessons viewed and quizzes taken with the progress tracking feature. Ask our subject experts any questions you have about the lessons then complete your course by taking the final exam to prepare for the DSST exam.
DSST Introduction to Business Exam Information
The DSST Intro to Business Exam features questions on the same subjects found in an introductory college course in business fundamentals. This is generally a one-semester course that you would take in your first or second year of college. An intro to business course is usually a prerequisite for business majors before they can move on to more advanced courses.
- Number of Questions: Approximately 100
- Question Type: Multiple choice
- Time Limit: 2 hours
- Number of Credits: 3
- Exam Cost: $80
Introduction to Business Exam Breakdown
|DSST Exam Concept||Percent of the DSST Exam||Approximate Number of Questions||Study.com Chapter|
|Foundations of Business||25%||25 questions||25 lessons|
|Functions of Business||60%||60 questions||134 lessons|
|Contemporary Issues||15%||15 questions||19 lessons|
Earn DSST Credit
If you pass the DSST Introduction to Business Exam, you can earn 3 transferable college credits that you can use at around 1,900 colleges and universities in the U.S. Using an exam to earn credit can help you graduate in half the time - saving you money in the process. The most efficient way to prepare for this exam and earn credits quickly is to take this course.
Study Schedule for the DSST Introduction to Business Exam
This course features around 26 hours of instruction. The lessons are self-paced, so you can choose the best study schedule for you. We've included a timetable below to help you determine when you'll be ready to take the exam. Once you have a general idea of when you'll be ready, call and schedule the exam to secure the time slot that you want.
|Study Frequency||When You'll Be Ready for the Exam|
|3 hours a day; 3 days a week||Just under 3 weeks|
|2 hours a day; 3 days a week||Just over 4 weeks|
|1 hour a day; 3 days a week||Almost 9 weeks|
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