Business management is about managing and coordinating all the different tasks of a business or organization. This can include directing, supervising and controlling the company’s employees financial resources, its people, or physical assets with the goal of achieving the long-term objectives of the organization. Business managers are also accountable for assessing risk and reducing it.

Business management careers offer a variety of opportunities. They aren’t restricted to businesses that are for-profit. Nonprofit organizations, government agencies, and even community groups may employ business managers to manage their operations. Although the specific requirements for a job vary, all business managers need to be able make well-informed decisions and resolve complex problems.

This can include studying and analyzing data, making strategic plans, or communicating with customers, suppliers and competitors to determine any issues that could arise. Managers of businesses must be able to think big and look at the bigger picture to set realistic, ambitious business goals that help their businesses grow.

Delegation is an additional ability for business leaders. This allows them to focus their efforts on tasks they are best equipped for, and ensures important work isn’t left unfinished. A clear system in place can also help prevent misunderstandings and miscommunication which could lead to the missed deadline, or even losing money.

A degree program in business management is a great choice for students interested in beginning an exciting and rewarding career. American Public University offers undergraduate and graduate degrees as well as online ones in business management. These include a bachelor of arts degree in Management as well as a Master in Business Administration (MBA). Contact us to learn more about our affordable, flexible, and fully accredited programs.