- Course type: Self-paced
- Available Lessons: 139
- Average Lesson Length: 8 min
Eligible for Credit: Yes
Earn transferable credit by taking this course for credit.
Watch a preview:chapter 1 / lesson 1How the Economic and Legal Environment Affects Business
Course SummaryBusiness 100: Intro to Business has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. Inside, you'll find bite-sized lessons and quizzes that cover the fundamentals of business. The course can benefit any student who wants to get a head start on a degree program.
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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
The course objective is to study the basics and essentials of business including global markets, leadership, human resources and business operations.
Your grade for this course will be calculated out of 300 points. The minimum score required to pass and earn real college credit for this course is 210 points, or an overall course grade of 70%. The table below shows the assignments you must complete and how they'll be incorporated into the overall grade.
|Proctored Final Exam||200|
Quizzes are meant to test your comprehension of each lesson as you progress through the course. Here's a breakdown of how you will be graded on quizzes and how they'll factor into your final score:
- You will have 3 attempts to take each quiz for a score.
- The highest score of your first 3 attempts will be recorded as your score for each quiz.
- When you've completed the course, the highest scores from your first 3 attempts at each quiz will be averaged together and weighed against the total possible points for quizzes. For instance, if your average quiz score is 85%, you'll receive 85 out of 100 possible points for quizzes.
- After your initial 3 attempts, you can take a quiz for practice as many times as you'd like.
- You will need to pass each quiz with a score of at least 80% to earn course progress for the lesson. However, it is not necessary to earn 80% within the first three quiz attempts.
Proctored Final Exam
The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course.
- You'll earn points equivalent to the percentage grade you receive on your proctored final. (So if you earn 90% on the final, that's 180 points toward your final grade.)
- If you're unsatisfied with your score on the exam, you'll be eligible to retake the exam after a 3-day waiting period.
- You can only retake the exam twice, so be sure to use your study guide and fully prepare yourself before you take the exam again.
Items Allowed on Study.com Proctored Exam for Business 100:
- Blank scratch paper
- Pen or pencil
Items NOT Allowed on Study.com Proctored Exam for Business 100:
- Office programs, web browsers, or any programs other than Software Secure (including Study.com lessons)
- Textbooks (digital or physical)
- Mobile phones, headphones, speakers, TVs, or radios
- Notebooks or notes
- Any calculators
Upon completion of this course, you will be able to:
- Analyze the nature of business and entrepreneurship
- Evaluate how the economy, law, technology, competition and society impact businesses and the global market
- Differentiate the forms and types of business ownership
- Summarize organizational management in terms of management and leadership levels, skills and roles
- Assess the importance of employee motivation and performance reviews
- Break down the cycle of business production and sales
- Investigate risk management through learning about ways to manage it and insurance coverage options
- Describe the role of money in business, including accounting, securities and financial institutions
There are no prerequisites for this course.
Business 100 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. The course is completely self-paced. Watch lessons on your schedule whenever and wherever you want.
At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test and use the study tools in the course to prepare for the proctored final exam. You may take the proctored final exam whenever you are ready.
How Credit Recommendations Work
This course has been evaluated and recommended by both ACE and NCCRS for 3 semester hours in the lower division baccalaureate degree category. To apply for transfer credit, follow these steps:
- If you already have a school in mind, check with the registrar to see if the school will grant credit for courses recommended by either ACE or NCCRS.
- Complete Business 100 by watching video lessons and taking short quizzes.
- Take the Business 100 final exam directly on the Study.com site.
- Request a transcript to be sent to the accredited school of your choice!
- Check out this page for more information on Study.com's credit-recommended courses.
|Managing and Leading in Business||Study managerial skills and the four functions of management, organizational change and management by objective.|
|Leadership Styles in Business||Take a look at leadership orientation and theory, and find out about the 5Ps leadership analysis.|
|Organizational Management||Learn about organizational management principles, the various types of organizational design, total quality management and organizational culture.|
|Business Production and Operations||Get an overview of operations management and discover various production processes. Discover some of the decision-making and planning tools used by managers, such as management information systems and PERT analyses.|
|Workplace Productivity & Motivation||Examine the types and theories of motivation in the workplace. Examine strategies for motivating staff and define motivation in management.|
|Basics of Human Resources||Study the basics of human resources management and staffing. Discover the uses of performance appraisals and laws relating to human resources management.|
|Business Marketing Basics||Examine marketing research, the types of competitive advantage and target marketing strategies. Explore the difference between consumer vs. business marketing.|
|Product Development and Retailing||Take a look at how to grow a business through product development, the significance of product packaging, how to market a new product and more.|
|Product Distribution & Supply Chain Management||Survey channel and wholesale intermediaries, retail distribution strategies, non-store retailing and the types of supply chain management.|
|Pricing Strategy in Marketing||Study pricing objectives and pricing philosophies. Examine consumer perception of pricing strategies.|
|Product Promotion in Business||Explore the types of advertising and sales promotions used to develop consumer awareness of a product or service. Look over the goals of promotion and the marketing mix and examine some of the technology used to manage customer relationships.|
|MIS Basics in Business||Learn about the uses of Internet services, business intelligence software, management information systems and databases. Discover some of the advantages provided by these information systems.|
|Implications of Information Technology||Discover the limitations and benefits of information technology. Investigate e-business and analyze the ethics involved in managing technology in business.|
|Accounting Basics||Examine accounting's purposes and basic principles. Learn about the GAAP and study the steps in the accounting cycle.|
|Money and Financial Institutions||Study the four basic functions of money and the money multiplier. Learn how the Federal Reserve System works and investigate the three primary tools of the central bank.|
|Economics and Business||Learn about the circular flow of economic activity and the business cycle. Compare socialism, communism and mixed economies. Find out how gross domestic product and the consumer price index are measured.|
|Managing the Employer-Worker Relationship||Learn about organized labor, collective bargaining, mediation and arbitration.|
|Forms of Business Ownership||Study how businesses are owned and structured. Survey the forms of corporate expansion and the role of franchises in business. Study details about organizational structure.|
|Entrepreneurship and Small Business||Examine the economic importance of entrepreneurship and small businesses. Take a look at how small businesses can compete in the global market.|
|Risk Management in Business||Learn what drives the need for risk management. Examine the differences between insurable and uninsurable risk. Study insurance policies and the types of coverage.|
|Business in Global Markets||Study the importance of global business, factors affecting trade and strategies for competing in the global market.|
|Securities Markets and Business||Study securities markets, the role of investment bankers, bond financing and more.|
|Financial Management in Business||Take a look at the roles of financial managers and the steps in the financial planning process. Study debt capital and equity capital. Identify sources of short- and long-term financing.|
|The Dynamic Business Environment||Study how the economy, law, technology, competition, society and the global market impact business.|
|Practicing Social Responsibility and Ethical Behavior in Business||Explore ethical codes and social responsibility in business.|
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What to Expect For the Exam
This Study.com course has been evaluated and recommended for college credit. Once you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the exam.
Before taking the exam, all of the following requirements must be met:
|A College Accelerator Study.com membership.|
|Completed the entire Business 100: Intro to Business course and achieved 100% Course Progress.|
|Not attempted to take this exam within the last three days.|
|Have available proctored exams in this month of membership.|
|Complete the exam readiness quiz.|
Please complete all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.
Exam Process Details
1. Register For Exam
Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!
2. Download Software Secure
You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.
3. Take Exam
The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!
4. Get Exam Results
We will send you an email with your official exam results within 1 to 2 weeks.
Earning College Credit
Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
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