EdX

Business and its Environment: An Overview of Business and the Role of Finance in Business (edX)

Offered by OECx, Open Education Consortium - OEC,
Business and its Environment: An Overview of Business and the Role of Finance in Business (edX)

Introduction to the ways that business is related to, and interacts with, individuals, groups and institutions in the current U.S. environment. This course provides the terminology and concepts of the functional areas of business, setting the foundation for interpreting and analyzing the legal, social and ethical issues facing business today. Learners will gain a basic overview of the financial system, including sources of business financing and various types of financial statements.

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What you'll learn

  • Define the roles of government in controlling business.
  • Identify the advantages and disadvantages of the three forms of business ownership.
  • Explain the differences between the major financial statements.
  • Identify sources of business financing.
  • Explain stocks, bonds, financial institutions and the role of the Federal Reserve System.
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