MBA In A Day: What You Would Learn At Top-Tier Business Schools (If You Only Had The Time!)

MBA In A Day: What You Would Learn At Top-Tier Business Schools (If You Only Had The Time!)

Steven Stralser

Language: English

Pages: 320

ISBN: 0471680540

Format: PDF / Kindle (mobi) / ePub

The same critical information top business schools teach
Based on Professor Stralser's popular seminar series, MBA in a Day? is specifically designed for the busy professional (physician, attorney, architect, nonprofit executive, etc.) or entrepreneur/small business owner, who needs to know about the "business-side" of their practice, organization or business. With comprehensive coverage of vital business topics, important concepts and proven strategies taught at top graduate schools, this handy book offers a complete business education without the hassle of enrolling in an MBA program. Divided into four sections covering management and policy; economics, finance, and accounting; marketing; and systems and processes; this straightforward guide is easy to navigate and simple to use. Packed with illustrative examples, helpful anecdotes, and real-world case studies, this commonsense guide covers everything busy professionals would learn at the very best business schools-if they only had the time.
Steven Stralser, PhD (Phoenix, AZ), is Clinical Professor and Managing Director, The Global Entrepreneurship Center at Thunderbird: The American Graduate School of International Management and founder and CEO of The Center for Professional Development, Inc., an organization dedicated to post-graduate training and education of today's professionals.












interest, and need, for these well-educated professionals— well trained in the education of their profession—to learn about the “business side” of their professional lives. These non-business-trained professionals wanted to fill a gap and learn business principles and concepts needed in their professional practices but not taught in medical schools or other professional schools such as law, engineering, architecture, veterinary, or other highly specialized training programs. I also realized that

a deal with you liars,” try “Well, as long as we’re still in the negotiation process, there’s one small thing we’re not that happy about, either. How about us paying you within 30 days of receiving a vase shipment if you will guarantee these prices through the end of June?” You could also try, “Look, this agreement has already been approved by a lot of people from your side and my side. We have both already agreed that it is a fair contract, and I would prefer that we keep it the way it is.” Good

include liabilities and owners’ (stockholders) equity. Liabilities are what a company owes, such as notes payable, trade accounts payable, and bonds. Owners’ equity represents the claims of owners against the business. The double-entry system provides checks and balances that ensure that the books are always kept in balance. Each transaction is recorded as a debit or a credit, with total assets equaling the sum total of liabilities and owners’ equity. ACCOUNTING TERMS AND CONCEPTS There are a

offset TLFeBOOK Accounting and Finance 119 income that you (and a spouse, if you’re married) may have from other sources. Your decision to be an S corporation isn’t permanent. If you later find there are tax advantages to being a regular corporation, you can easily change an S corporation status. Employee Taxes A business is responsible for collecting and filing some taxes on behalf of employees. The following is an overview of what you have to do to withhold and match taxes on an employee’s

woman customer that will create a relationship between XYZ Company and this market segment. PEST ANALYSIS Although easy to remember and easily forgotten by firms in developing a long-term strategy, a “PEST analysis” is an acronym for analyzing the external environment (political, economic, sociological/demographic, and technological) and setting the stage for strategic planning. Also known as “environmental scanning,” the PEST analysis reviews the environment of a market—whether emerging or

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