Title: Module Introduction: (CU2 M3) Introduction to Business Organization
Course: SkillsCom BA 101 16.0 > Section: Credit Unit 2 Module 3

In this Module, we'll talk about the different types of businesses and how they are organized. You'll get a chance to see some of the pros and cons for the most common types of businesses today. You'll also be thinking about how to determine which type of business structure is most appropriate for particular situations.

Check out this introduction video to get an idea of what you'll be learning about.

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.