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

We'll begin this Credit Unit on people with a look at managing. What exactly does it mean to manage? Sure, managers are in charge of those working for them, but why are some managers successful while others aren't? It has been said that some people just have a knack for it, but even if that's true anyone can improve their managerial skills by learning what good managers do and by practicing putting those essential elements of management to work.

Take a look at the Module introduction video to get a better idea of the kinds of things we'll be going over.

Module 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.