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ISBN 10: 1305661818
ISBN 13: 9781305661813
Author: James Burrow
BUSINESS MANAGEMENT 14E is designed for more advanced high school business courses, going beyond the intro to business class. With the focus shifted to business management, this text approaches business operations from the entrepreneurial and management perspective. Finance, marketing, and human resources are some of the topics explored. This text combines concepts with a strong lesson-based instructional design, weaving in research opportunities, creative methods of assessment, interesting real-world features, mathematical calculations, case studies and academic connections. The introductory chapter provides an overview of management, discusses the history of management, and compares management approaches and philosophies. Another chapter focuses on data analysis and decision-making, demonstrating the importance of math, statistics, and quantitative decision-making. BUSINESS MANAGEMENT 14E provides business management concepts and principles in a realistic, investigative, and enriching manner. All the functions of business management are covered extensively, including the use of technology and communication as tools of business. Students will enjoy exploring the global dimension of business and possible career opportunities as this text brings the world of business to your class.
Business Management 14th Table of contents:
Unit 1: Managing and Management Responsibilities
Chapter 1: Managers and Managing
1.1. The Role and Work of Managers
- Moving into Management
- The Work of Managers
1.2. The Historical Development of Management - Management through the Ages
- Changing Approaches to Management
- Focus on: Innovation
1.3. Managing in the Twenty-First Century - Changes and Challenges for Managers
- Developing a Management Strategy
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: What Makes an Effective Manager?
Chapter 2: Management, Supervision, and Decision Making
2.1. Increasing Management Effectiveness
- Management Roles
- Getting Work Accomplished
- Principles of Effective Management
2.2. Effective Supervision - The Supervisor’s Job
- Managing Day-to-Day Activities
- Improving Supervisory Skills
- Focus on: Innovation
2.3. Managing with Information - Using Management Information
- Decision Making
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Frustrations of a New Supervisor
Chapter 3: The Manager as Leader
3.1. The Importance of Leadership
- The Importance of Leadership
- Leadership Characteristics
- Influencing People
3.2. Developing Leadership Skills - Leadership in Business
- Human Relations
- Soft Skills
- Focus on: Ethics
3.3. Leadership Styles - Management Views of Employees
- Leadership Styles
3.4. Employee Issues and Work Rules - Managing Personal Issues
- The Need for Work Rules
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Supervising a New Work Group
Chapter 4: Planning and Organizing
4.1. The Planning Function
- Why Plan?
- Levels of Planning
4.2. Using Planning Tools - Establishing Direction
- Planning Tools
4.3. The Organizing Function - Organizing Work
- Characteristics of Good Organization
- Focus on: Innovation
4.4. Developing Effective Organizations - Types of Organizational Structures
- Improving Business Organization
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Solving Planning Conflicts
Chapter 5: Staffing, Leading, and Controlling
5.1. The Staffing and Leading Functions
- The Challenge of Staffing and Leading
- Staffing Activities
- Leading Activities
5.2. Motivation and Change Management - Motivation Theories
- Change Management
5.3. The Controlling Function - Understanding Controlling
- Setting Standards
- Focus on: Teamwork
5.4. Gathering and Using Performance Information - Taking Corrective Action
- Controlling Costs
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Cutting Employee Compensation
- Career Cluster: Administrative Services Manager
- Case Study: Southwest Airlines: Profile of a Leader
- Winning Edge: Prepared Speech Event
Unit 2: The Environment of Business Management
Chapter 6: Characteristics of Business
6.1. The Nature of Business
- Management of Business Activities
- Types of Businesses
6.2. Changes Affecting Businesses - Innovation’s Impact on Management
- Impact of Global Competition on Business Management
- Focusing Management on the Right Things
- Focus on: Business Innovation
6.3. The Contributions of Business - Business Growth and Prosperity
- Business Ownership
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Staying Competitive
Chapter 7: Social and Ethical Environment of Business
7.1. Human Resources
- Characteristics of the Workers
- Labor Force
7.2. Societal Values - Changing American Values
- Employer Responses
- Sustainability Issues
7.3. Ethical Issues and Social Responsibility - Business Ethics
- Social Responsibility of Business
- Choosing an Ethical Course
- Focus on: Ethics
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Corporate Generosity or Tax Deduction?
Chapter 8: Economic Environment of Business
8.1. Economic Wants
- Satisfying Our Economic Wants
- Capital Formation
8.2. Economic Systems - Economic Systems
- Types of Political-Economy Systems
8.3. Fundamentals of Capitalism - Private Property
- Price Setting
- Focus on: Global Economy
8.4. Managing the Economy - Promoting Economic Growth
- Identifying Economic Problems
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Using Information
Chapter 9: International Environment of Business
9.1. The Importance of International Business
- The Scope of International Business
- Reasons for Growth in International Business
9.2. Forms of International Business - Forms of International Business
- Governing Policies
- Focus on: Global Innovation
9.3. Theories of International Trade and Investment - Theories of International Trade
- Balance of Payments
- Career Opportunities in International Business
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Country of Manufacture Decision
- Career Cluster: Customs Inspector
- Case Study: Illegals Exploited in Katrina Cleanup
- Winning Edge: Emerging Business Issues Team Event
Unit 3: Business Organization and Management
Chapter 10: Managing the Form of Business Ownership
10.1. Entrepreneurs and Proprietorships
- Characteristics of Entrepreneurs
- Planning a Business
- The Nature of Proprietorships
10.2. Partnerships - The Nature of Partnerships
- Management Issues of Partnerships
- Focus on: Partnership to Corporation
10.3. Corporate Forms of Business Ownership - The Structure of Corporations
- Formation of Corporations
- Management Issues for Corporations
10.4. Specialized Types of Organizations - Organizational Alliances
- Specialized Forms of Corporations
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: To Partner or Not to Partner
Unit 4: Financial Management
Chapter 15: Business Financial Records
15.1. Types of Financial Records
- Financial Records
- Types of Financial Records
15.2. Budgets and Budgeting - Business Budgets
- Administering the Budget
15.3. Financial Reports - Financial Statements
- The Balance Sheet
- The Income Statement
- The Cash Flow Statement
- Focus on: Ethics
15.4. Analyzing Financial Data - Using Financial Information
- Making Decisions from Numbers
- Sources of Financial Information
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: The Value of a New Business
Unit 5: Production and Marketing Management
Chapter 19: Managing Production and Operations
19.1. Developing New Products
- Product Development
- Producing the Product
19.2. Planning a Manufacturing Business - Locating the Business
- Production Planning
- Focus on: Quality
19.3. Service Businesses - The Nature of Services
- Ensuring Service Quality
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Maintaining Quality in a Competitive Market
Unit 6: Human Resources Management
Chapter 23: Managing Human Resources
23.1. Human Resources in Business
- The Need for Human Resources
- Human Resources Activities
23.2. The Employment Process - Selecting Personnel
- Promoting, Transferring, and Releasing Employees
- Focus on: Social Responsibility
23.3. The Role and Work of Managers - Regulating Employment Conditions
- Retirement, Employee Benefits, and Equal Opportunity
- Chapter Concepts
- Review Business Management Terms
- Review Business Management Concepts
- Apply What You Know
- Make Academic Connections
- Case in Point: Did Charles Have a Chance?
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James Burrow,Business Management