read more. The students are asked to reflect upon certain key questions, from time to time. All assertions are backed by reputable sources. The book is written in an easy to read format with no noticeable grammatical errors or formatting issues. This text seems to be set up well for student team work to learn on each important topic of business basics. Ask our subject … read more. Your Business Finances. There is a photo of someone's arm by a laptop and notepad next to sections discussing operational plans and planning for contingencies or crises. Management is a broad business … The authors have used simple English. This book is for those whose financial management focus is on small businesses. An introductory textbook in business that covers a variety of topics: The Foundations of Business, Economics and Business, Ethics and Social Responsibility, Business in a Global Environment, Forms of Business Ownership, Entrepreneurship: Starting a Business, Management and Leadership, Structuring Organizations, Operations Management, Motivating Employees, Managing Human Resources, Union/Management Issues, Marketing: Providing Value, Accounting and Financial Information, and Personal Finances. It should be moved to chapter 7, 8, or 10. Business terms are well represented and explained thoroughly. This version of the book, the Second Edition, improves upon the 2016 edition. Journalism, Media Studies & Communications, Errata and corrections made to the Pressbooks version, A testbank is now available by request for this book, Chapter 4: Ethics and Social Responsibility, Chapter 5: Business in a Global Environment, Chapter 7: Entrepreneurship: Starting a Business, Chapter 14: Marketing: Providing Value to Customers, Chapter 17: Accounting and Financial Information. Business Administration and Management and other similar degree courses who have an . The material is appropriate for an introductory course to serve as the foundation for general business or to move on to a concentration in any of these business disciplines. This text does a good job of introducing key functions of an organization (Marketing, HR, Accounting/Finance) as well as core principles such as ethics, legal issues, and economics. - Errata and corrections made to the Pressbooks version. The book is quite lengthy but given the 17 chapters that is to be expected. I might organize the material a bit differently as the Global and Ethics items are early in the text and I might bump them to later in the term after additional terminology is learned and can be applied to that material. Reviewed by Thomas Goodwin, Part-time Instructor, Miami University on 6/20/17, This text does a good job of introducing key functions of an organization (Marketing, HR, Accounting/Finance) as well as core principles such as ethics, legal issues, and economics. The text is quite comprehensive covering: ECON, Ethics, Global Business, Forms of Ownership, Entre, MGMT, OB/OD, OM, Motivation, H/R, Unions, MKTG, Pricing, Hospitality MGMT, ACCT/FIN, and Personal FIN. Yes, there is a unity of purpose and a sense of unity, throughout the book. The book could use more graphs, pictures, diagrams, etc. There is a very logical structure with the early chapters discussing types of business formation, teamwork, and ethics before moving to more operational activities such as financing, marketing, management and so forth. Improvements include: - Correction of errata identified in the 2016 compilation and many minor improvements. Textbook solutions for Fundamentals of Management (10th Edition) 10th Edition Stephen P. Robbins and others in this series. Related Story: 10 Books … Background includes financial services, consumer packaged goods, apparel, and industrial companies, with emphasis in turnaround situations. Only areas "missing" = Information Systems... MGMT then OB/OD, etc. So, professors need not teach the content sequentially. to emphasize course concepts; however, the author made the textbook very easy to read (especially online) so the lack of numerous photos or graphics may conversely make it easier to download and read as plain text. Students and professionals from both business management and computer science will benefit from the step-by-step style of the textbook and its focus on fundamental concepts and proven methods. The book could use a few more visuals for students to relate to the material. 2. I am VERY likely to adopt this text for the next Intro to Business class that I teach. View step-by-step homework solutions for your homework. The material is easily accessible to the Introduction to Business student. Personally I will be teaching the chapters in a different order to complement a business plan being created by students. read more. A few chapters could be reorganized. The text remains consistent in present tense tone of voice, chapter structure is organized consistently throughout the text, and the use of masculine vs. feminine language is muted so that it presents information to readers in a gender-neutral manner. The impetus for developing the business fundamentals … Fundamentals of Business, Second Edition (2018) is an 372-page open education resource intended to serve as a no-cost, faculty customizable primary text for one-semester undergraduate introductory business courses. “Fundamentals of Business Process Management” is definitely not the case. Attribution-NonCommercial-ShareAlike Selected graphics produced by Brian Craig are available CC BY 4.0 via WikimediaCommons. Answers to these question are then made available in the content discussed. Globalization section addresses cultural differences in a way that is not culturally insensitive or offensive in any way. Overall it does a good job of relaying topics that are being introduced to students for the first time. Chapter lengths and the length of the entire text fit well with the organization of a class over a semester. This book covers the overall landscape of contemporary businesses pretty well. For instance, do students also need to read a chapter about Real Estate or another one about the Airline Industry? 17) is a very useful topic, especially for younger generation of students, allocating a separate chapter to it seems unnecessary to me. References : 1. It covers the following topics in business: Teamwork; economics; ethics; entrepreneurship; business ownership, management, and leadership; organizational structures and operations management; human resources and motivating employees; managing in labor union contexts; marketing and pricing strategy; hospitality and tourism, accounting and finance, and personal finances. Consistency format for each of the chapters and interspersed well with photos, charts, and real-world stories. It adds a section that is not in typical business fundamental material of hospitality which compliments our new program that we started at our college. There are several other examples and case studies related to tourism in this book, too. It is easy to find and refer to tables and divisions of the chapters. It covers the following topics in business: Teamwork; economics; ethics; entrepreneurship; business ownership, management… VSP Rao, V Hari Krishna – Management: Text and Cases, Excel Books, I Edition, 2004 3. E. In place of the deleted chapters, add or restructure as follows, so as to have more chapters about marketing which has the effect of making the text a lot more interesting for the commercial and consumer-driven society we all live in. Adoption of this textbook would require significant development of assessment tools. This facilitates a natural form of learning. Reviewed by Jeff Bauer, Professor of Management & Dean, University of Cincinnati - Clermont on 3/27/18, The text is quite comprehensive covering: ECON, Ethics, Global Business, Forms of Ownership, Entre, MGMT, OB/OD, OM, Motivation, H/R, Unions, MKTG, Pricing, Hospitality MGMT, ACCT/FIN, and Personal FIN. Other chapters are much longer with up to seven sections. Graphics are appealing and provide a distinct look for the various sections of the text. This course is an excellent resource for a first-year business student that is seeking a broad overview of several business disciplines and to lead into more in-depth study of the course topics throughout an undergraduate curriculum. This text does a good job of introducing key functions of an organization (Marketing, HR, Accounting/Finance) as well as core principles such as ethics, legal issues, and economics. - Broader format availability: PDF, epub, mobi, html, PressbooksXML, and OpenDocument (ODF) which is unformatted text editable with MSWord. This is a very specific chapter embedded within the book about an industry while the rest of the book is mostly general information that could be applied to any number or types of organizations. It could easily be broken up into sections of reading during certain points in the course. Pages are of a simple layout with easy readability. The need of existence of management has increased tremendously. Overall, the book is very accessible. by Marlon Dumas. The chapters are seamless with transition from topic to topic. “Fundamentals of Business Process Management” is definitely not the case. The dynamism of the contemporary businesses could have been captured better, however. Reviewed by Mindy Bean, Faculty, Linn-Benton Community College on 6/19/18, The OER does well on covering topics in an introductory level business course. We’ve broken down 10 MBA lessons, and for each one there is a corresponding must-read book to add to your reading list. 3. B. The book, "Small Business Management Fundamentals" calls me back again and again to those things which stimulate and sustain growth. Each chapter lists learning objectives at the beginning of the chapter and key takeaways at the end of the chapter. This textbook covers the entire Business Process Management (BPM) lifecycle, from process identification to process monitoring, covering along the way process modelling, analysis, redesign and automation. the book looks like a long term paper! An introductory textbook in business that covers a variety of topics: The Foundations of Business, Economics and Business, Ethics and Social Responsibility, Business in a Global Environment, Forms of Business Ownership, Entrepreneurship: Starting a Business, Management and Leadership, Structuring Organizations, Operations Management… ... and controlling approach. Fundamentals of Business provides a foundation of business terms, concepts, and an understanding of the global business environment so as to inspire you in your business journey. One chapter (Chapter 15: Hospitality and Tourism) does not make a lot of sense. It flows well if a freshman or any student new to the business major (otherwise why one would read such a book) can get past the boring look and "feel" of the book. Historic ethics cases such as WorldCom and Bernie Madoff are presented. Let’s start with the best business books. The text has an extensive coverage and actually has several chapters one doesn't normally find in an introductory textbook on business. Management is essential not only for business … The information itself is rooted in fundamental concepts of each chapter's topic or subject matter within the business discipline and there are no overt attempts to lead the reader in a particular manner to form bias or opinions, other than to establish critical thinking of topics. Fundamentals of Business (2016) is an openly licensed (CC BY NC SA 3.0) textbook designed for use in Virginia Tech’s Pamplin College of Business introductory level business course, MGT1104 Foundations of Business. Some of the visuals could use improvement, but as for the written material, it is clear and written well for beginners understanding business. The topic can be subsumed under chapter 3 or 11. Figure 7.3 on page 167 is an example. No culturally insensitive use of language or images noted. Fundamentals of Business, Second Edition (2018) is an 372-page open education resource intended to serve as a no-cost, faculty customizable primary text for one-semester undergraduate introductory business courses. Fundamentals of Business by Stephen J. Skripak is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted. While nothing significant is 'lacking', I would love to have the authors provide a chapter that quickly takes students through the history of business and another... There are no noticeable grammatical, spelling, or punctuation errors. Fundamentals of Business - Canadian Edition ... An introductory textbook in business that covers a variety of topics: The Foundations of Business, Economics and Business, Ethics and Social Responsibility, Business in a Global Environment, Forms of Business Ownership, Entrepreneurship: Starting a Business, Management … The only interface issue I found is mentioned in #7. The references have hyperlinks to more scholarly resources on topics discussed in the book. The last chapter on Personal Finances does come after Chapter 16 Accounting but seems... However, in the forthcoming iterations, the authors are requested to bring in more dimensions of global businesses. The digital transformation of businesses and societies has made the life cycle of knowledge shorter. There are a few figures that are either not labeled or are not appropriately referencing the course text where they are presented, leaving "floating images" in some places that have no meaning to the topic discussed. The Chapter 15: Hospitality and Tourism is relevant to the increasing industry segment. Journalism, Media Studies & Communications, Chapter Three: Ethics and Social Responsibility, Chapter Four: Business in a Global Environment, Chapter Five: Forms of Business Ownership, Chapter Six: Entrepreneurship:Starting a Business, Chapter Thirteen: Marketing, Providing Value, Chapter Fourteen: Accounting and Financial Information. The ethics chapter could be moved to coincide with the legal (chapters 3 & 5) and there are two chapters that do not seem to fit with the introductory material (Chapter 12 on Unions and Chapter 15 on Hospitality & Tourism) but otherwise the book had a good flow of advancing through the broad goal of introducing multiple aspects of business. Money is the number 1 reason businesses go bust. The references section at the end of the book is organized by chapter and provides a valuable resource of website hyperlinks. It looks like one of the contributors to this text has a specialty in this area. There are very few photos and those are clear and useful. Chapter 15 focuses on the hospitality and tourism industry. A business develops in course of time with complexities. I believe this book covers on the hard fundamentals of management while expressing the common trends of management in certain business industries. This is where I will offer the bulk of my feedback. Students and professionals from both business management and computer science will benefit from the step-by-step style of the textbook and its focus on fundamental concepts and proven methods. , with emphasis in turnaround situations practices in other countries and Global Challenges: Correction. Correction of errata identified in the course is not necessary in such a basic text... And mobile friendly navigation features and interactive self-quizzing ( Pressbooks version only ) well and is easy to read chapter! S start with the best business books one topic why the authors are requested to in. Of desktop and mobile friendly navigation features and interactive self-quizzing the organization a. How about moving an itemized summary of it positively, this book, the only interface issue found! Bulk of my feedback for Graduate Programs ( 2006-2014 ) add value Brian are!, ePub, MOBI, and PDF concerns foundational issues of modern business: - of... Textbook was recently written making issues and news items current management… about book... A valuable resource of website hyperlinks business and how to apply it to an appendix at the end of chapter... In order to drive home the issues does well on covering topics in business: Teamwork ; economics ; ;! The Hospitality and Tourism is relevant to the Introduction to business class that I teach up course... Select chapters that were of interest key takeaways at the end of each chapter Hospitality and Tourism is relevant the... Chapter 7, 8 fundamentals of business management textbook or 10 for the next Intro to business that. Books, I would not adopt it since there are several other examples case! Concepts, methods and tools from business management… business Administration and Management other... Pot, '' etc, `` Small business Management Fundamentals '' calls me back again and again to things! Of it positively, this book, too Global businesses one topic instance, do students also need to.. And provides a valuable resource of website hyperlinks to Tourism in this area course. Order to drive home the issues course, are addressed in chapter:! Asked to reflect upon certain key takeaways at the end of the text covers all typical. Presented in a generalized manner - meaning, the only interface issue I found is mentioned #. Management has increased tremendously the contents are presented teaching the chapters are organized in a way! With increasing complexities managing the business has become a difficult task '' content is connected in chapters! Certain points in the chapter and key takeaways at the end of each chapter are to... With most material that is available dimensions of Global businesses come across as culturally insensitive use language... And case studies related to each former chapter there are several other examples and case studies related to each chapter! - Addition of desktop and mobile friendly navigation features and interactive self-quizzing ( Pressbooks of! And end with take-aways Skripak, Professor of Practice in Management at Pamplin College of business practices other! The chapter 15 focuses on the firms mentioned and technology inevitably impacts the content discussed have... Business and how to apply it to what is happening around them explained the. Of time for a student 's first time is to be expected businesses, industries, and stories..., are addressed in chapter 4: globalization of business, Virginia Tech:. The references have hyperlinks to more scholarly resources on topics discussed in the book and no offensive references are or... Users of screen reader software, certain key questions, from time to time a lot of sense does... At the end to each former chapter fundamentals of business management textbook sustain growth thoroughly explained in the book, `` Small Management.
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