About This Chapter
MTLE Business: Organizations & Management - Chapter Summary
The lessons in this chapter provide an in-depth look at organizations and management to help you prepare for questions on the MTLE Business assessment. Watch short videos that enable you to:
- Describe business organizations and mechanistic and organic organizational business structures
- Discuss management in organizations and the four functions of management
- List and describe types of corporations, as well as their advantages and disadvantages
- Share the meaning of a limited liability company and the historical outline of organized labor in the U.S.
- Examine labor unions during the second Industrial Revolution
- Define and share the function of collective bargaining
- Explain bargaining strategies in labor relations
You can take advantage of lessons that condense days or weeks of materials into short videos that average 10 minutes apiece. Timelines make studying even more efficient by allowing you to use video tags to identify and skip to key topics within the lessons without watching them in their entirety.
MTLE Business: Organizations & Management Chapter Objectives
Educators in Minnesota take the MTLE Business assessment to secure the licensure needed to teach business classes to students in grades 5-12. It is divided into two subtests that explore business organization, finance, marketing, economics, business technology, career planning and more. The subtests consist of 50 multiple-choice questions and require minimum scores of 240 each to pass.
The lessons in this chapter explore topics found in the business organization and management subarea of Subtest 1. This subarea constitutes about 29% of the total subtest. You can simplify the process of studying by watching the lessons to refresh your knowledge of organizations and management. Full transcripts are available with easily identifiable vocabulary words you can use to deepen your understanding of the subject area. You can also take lesson quizzes and a chapter exam to gauge your comprehension of the lessons.
1. What Is a Business Organization? - Structure, Types & Examples
Want to start a business? One of the first steps is to pick its form. In this lesson, you'll learn about the primary ways businesses are organized with examples provided along the way.
2. Mechanistic & Organic Organizational Business Structures
Different organizations require different structures. This lesson describes the differences between mechanistic and organic organizational structures by looking at the specifics of organizations.
3. Management in Organizations: Top, Middle & Low-Level Managers
The role of a manager in organizations is complex. While managers can come in different shapes and sizes they all share the task of utilizing people and resources to achieve organizational goals. This lesson will discuss the roles and functions of management found in each of the three levels of management.
4. Four Functions of Management: Planning, Organizing, Leading & Controlling
A person who holds a management position inside an organization is required to think strategically and conceptually in order to achieve organizational goals. This lesson will describe the four functions of management and how they relate to organizational success.
5. Corporations: Types, Advantages, Disadvantages & Examples
Corporations are a popular form of business organization for large and small businesses. In this lesson, you'll learn about the advantages and disadvantages of a corporation. You'll also learn about S-corporations and C-corporations.
6. What Is a Limited Liability Company? - Definition, Benefits & Examples
A limited liability company is a popular business structure that provides the benefits of both a partnership and a corporation. This lesson explains the benefits of limited liability companies.
7. A Historical Outline of Organized Labor in the United States
In this lesson, you'll learn about the development of organized labor and unions in the United States and their current position in the United States economy. We'll also touch upon federal laws that have been developed regulating and protecting organized labor.
8. Labor Unions During the Second Industrial Revolution: Organized Labor vs. Management
Before American businesses had to comply with basic labor laws and safety regulations, workers organized to improve their working conditions. Learn about the early labor unions and their violent clashes with management and government.
9. What Is Collective Bargaining? - Definition & Process
Collective bargaining is a vital process in labor-management relationships in the United States. In this lesson, you will learn what collective bargaining is and be given a general outline of its process. A short quiz will follow the lesson.
10. Function of Collective Bargaining
The function of collective bargaining is to negotiate work-related issues. Bargaining or negotiating takes place between the employer and the employees. The employees are represented by a collective bargaining unit.
11. Bargaining Strategies in Labor Relations: Integrative & Distributive
One of the great advantages that unionized workers have is the ability to collectively bargain as a group with management. In this lesson, you'll learn about integrative and distributive bargaining strategies. A short quiz follows.
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Other chapters within the MTLE Business: Practice & Study Guide course
- MTLE Business: Human Resources Management
- MTLE Business: Employment Laws
- MTLE Business: Group Skills & Behavior
- MTLE Business: Market Share & Financial Data
- MTLE Business: Commercial Transactions
- MTLE Business: Finance, Accounting & Information Analysis
- MTLE Business: Data Interpretation & Management
- MTLE Business: Taxation & Financial Calculations
- MTLE Business: Principles of Marketing
- MTLE Business: Product Development & Distribution
- MTLE Business: Court Systems & Government Regulations
- MTLE Business: Microeconomics & Macroeconomics
- MTLE Business: International Business
- MTLE Business: Using Information Systems
- MTLE Business: Information Technology & Communications
- MTLE Business: Career Development
- MTLE Business: Content Comprehension for Students
- MTLE Business: Reading Instruction Strategies
- MTLE Business Flashcards