CABM Module 100 Syllabus

CABM

 

 

CABM Module 100 – General Management, Leadership, and Strategy

100.1   Corporate Strategies
100.1.1   Define competitive advantage and discuss the criteria that lead to competitive advantage
100.1.2   Understand the strategic management process in terms of setting directions
100.1.3   Understand the strategic management process in terms of formulating a strategy
100.1.4   Understand the strategic management process in terms of strategy implementation

100.2  Entrepreneurship and Forms of Business Organizations
100.2.1   Define entrepreneurship and its process and discuss entrepreneurial characteristics
100.2.2   Learn how to start, operate, and finance a new business
100.2.3   Understand the reasons for failure and success of new businesses
100.2.4   Understand the various forms of business ownership
100.2.5   Learn how to manage a corporation

100.3   The History of Management
100.3.1   Discuss the origins of managerial thought and the scientific approach to management
100.3.2   Discuss the classical management theory
100.3.3   Discuss the neoclassical management theory
100.3.4   Discuss the behavioral approach to management
100.3.5   Discuss the decision-making approach to management
100.3.6   Discuss the integrative approach to management

100.4   The Nature of Management
100.4.1   Define the term management and explain the major challenges facing managers
100.4.2   Identify and discuss the primary managerial functions
100.4.3   Explain the types of managerial roles and discuss the dimensions of managerial jobs
100.4.4   Discuss the primary skills required to be an effective manager

100.5   Planning Skills
100.5.1   Define planning and discuss the three types of plans, such as strategic, tactical, and operational plans
100.5.2   Explain the planning process
100.5.3   Discuss the planning tools, such as budgets and goals

100.6   Leading Skills
100.6.1   Define leadership and differentiate between leading and managing
100.6.2   Analyze a leader’s sources of power and issues in using the power effectively
100.6.3   Compare and contrast the roles of the leaders, followers, and situations in the overall leadership process

100.7   Controlling Skills
100.7.1   Define the control function of management and describe the basic elements of the control process
100.7.2   Explain the concept of scope of control and differentiate among strategic / tactical / operational controls
100.7.3   Discuss the key factors in determining the effectiveness of controls

100.8   Motivating Skills
100.8.1   Define motivation and identify sources of motivation
100.8.2   Discuss motivational theories applicable to work situations, such as content and process theories
100.8.3   Compare and contrast various approaches to reinforcement and describe their advantages and disadvantages of each approach
100.8.4   Learn how situations, values, and attitudes toward work can influence motivation

100.9   Problem-Solving and Decision-Making Skills
100.9.1   Describe the models used in individual decision-making
100.9.2   Identify issues in group decision-making
100.9.3   Describe the contingency model of participative decision-making
100.9.4   Discuss the strategies for improving decision-making, including speed and quality

100.10   Communication and Negotiation Skills
100.10.1   Describe the basic model of communication, including its modes and media
100.10.2   Analyze the impact of the organizational context on communications
100.10.3   Identify key barriers to effective communication; know the approaches to overcome and improve them
100.10.4   Describe the basic process of negotiation

100.11   Groups, Teams, and Group Conflict
100.11.1   Describe the similarities and differences between groups and teams. Identify and compare the basic types of groups.
100.11.2   Describe the factors that influence the group and team formation and development
100.11.3   Analyze the structural and behavioral characteristics of groups and teams
100.11.4   Discuss the advantages and disadvantages of different types of emerging groups and teams
100.11.5   Learn how to build and manage team competencies, handle group conflict, and improve group and team effectiveness

100.12   Managerial Ethics
100.12.1   Define managerial ethics and discuss the basic approaches to ethical decision making
100.12.2  Discuss the various factors of moral intensity
100.12.3  Learn how individuals and firms can make better ethical decisions

100.13   The Business Environment
100.13.1   Understand the concept of business and profit
100.13.2   Understand the external environments of business

100.14   Business Law
100.14.1   Understand U.S. contract law with elements required for contract formation and the Uniform Commercial Code (UCC)
100.14.2   Explain common contract concepts including statutes of frauds, parol evidence rule, quasi contract, and promissory estoppel
100.14.3   Understand requirements for performance of contracts, assignment of contract rights, and remedies for breach of contract
100.14.4   Understand intellectual property in terms of copyrights, patents, trademarks, and trade secrets
100.14.5   Understand the nature of employment law in terms of rights and obligations of employees / employers
100.14.6   Understand U.S. tort laws in general and specifically intentional torts (i.e., personal, business, and property torts along with defenses available)
100.14.7   Discuss product liability and strict liability along with defenses available
100.14.8   Describe the U.S. workers’ compensation law, environmental law, security regulations, & antitrust laws

100.15   Business Economics
100.15.1   Understand the key principles of economics
100.15.2   Understand a perfectly competitive market in terms of demand and supply curves, market equilibrium, and the market effects of changes in demand and supply
100.15.3   Understand price elasticity of demand and supply and know how to use elasticities to predict changes in equilibrium price, quantity, and revenue
100.15.4   Define the concept of economic cost and economic profit
100.15.5   Understand the short-run and long-run production and costs to decide whether to enter a market and how much output to produce
100.15.6   Understand the major characteristics of the four market strategies, such as perfect competition, monopolistic competition, oligopoly, and monopoly
100.15.7   Understand the concept of circular flow of production and income
100.15.8   Learn to measure a nation’s macroeconomic activity using production approach (i.e., GDP approach)
100.15.9   Learn to measure a nation’s macroeconomic activity using the national income approach
100.15.10   Learn to measure a nation’s real and nominal GDP, including fluctuations in GDP and its shortcomings
100.15.11   Learn to define and measure unemployment, including its categories and costs
100.15.12   Define inflation and deflation, including the costs of inflation and compute the inflation rate, the consumer price index, and the cost-of-living adjustments
100.15.13   Understand the role of U.S. fiscal policy and the federal budget
100.15.14   Define money and learn how banks create money, including the role of the Federal Reserve system
100.15.15   Understand the role of the money market and challenges in the monetary policy and discuss the demand and supply model of the money market

100.16   Organizational Structure, Design, Change, and Development
100.16.1   Explain the principles of organizational structure and design
100.16.2   Identify the common and contemporary organizational structures and describe the strengths and weaknesses of each of these structures
100.16.3   Describe how environmental factors and the organization’s strategy influence organizational structure and design
100.16.4   Understand what causes organizations to change, including internal and external forces and discuss the focus of organizational changes
100.16.5    Learn how to evaluate the need for change and describe the change process and resistance to change
100.16.6    Outline the choices available in managing change, including specific approaches to planned change

100.17   Project Management
100.17.1   Define a project and discuss its growing importance. Describe phases of a successful project.
100.17.2   Describe the project management tools such as Gantt charts and network diagrams. Learn how to construct a network diagram showing its activities and timeframes.
100.17.3   Learn to crash a project to reduce the time to perform certain activities. Know the key project formulas.

100.18   Quantitative Techniques in Business
100.18.1   Understand the uses, roles, and models of quantitative techniques in business
100.18.2   Understand the different methods of data presentation to management
100.18.3   Understand the need for management statistics and calculate the common types of statistics, such as mean, median, range, standard deviation, and index numbers
100.18.4   Understand the basic principles, terminology, and rules of probability, including how to use the Binomial and Normal distributions
100.18.5   Learn how to make decisions under uncertainty, including calculating expected value, using decision trees, and assessing the value of perfect information
100.18.6   Understand how to use statistics in conducting market research with different populations and samples
100.18.7   Learn how to use forecasting techniques with moving averages and time series models and methods
100.18.8   Learn how to use forecasting techniques with linear and nonlinear and with simple and multiple regression models
100.18.9   Understand how to formulate and solve a linear programming problem in business
100.18.10   Describe the principles, features, and development of simulation models

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