Title: Credit Unit 3 Introduction: (CU3 M1) Introduction to People
Course: SkillsCom BA 101 16.0 > Section: Credit Unit 3 Module 1

Having the right team and shared goals is critical to a company's success.

comic by Carol Simpson Cartoons

Working in business means working with people. Having the right people working for you and knowing how best to work with them will be incredibly important to your success in business.

In this Credit Unit, we'll start by looking at what successful managers do and how they do it. Then we'll look at how to work with employees to make relationships between employees and the company mutually beneficial. We will end the Credit Unit by looking at how teamwork should function in a business environment.

Outcomes:

- Define commonly used business and economics terminology.
- Describe the functional areas of any business organization.
- Explain revenues, expenses, and how profit is derived.
- Differentiate between objectives, strategies, tactics, and operations.
- Describe the components of a business plan.
- Prepare a basic business plan.
- Explain the importance of ethics in business.