University of Maryland Global Campus

BMGT 110: Introduction to Business and Management

A study guide to UMGC's entry-level business course for students with little or no business background.

Updated October 2026 · 5 min read

BMGT 110 is UMGC's introductory business course, designed for students with little or no business background and recommended preparation for many other BMGT courses.

The catalog describes it as an introduction to the fundamental concepts of business management and leadership. The objective is to understand how business, society and the economy interact. Discussion covers business principles and practices in the context of everyday business events and human affairs, and from a historical perspective.

Students new to business often struggle less with the ideas than with applying them. Assignments typically ask you to connect a concept to a real company or news story, and that link is where marks are earned.

Course at a Glance

ItemDetails
UniversityUniversity of Maryland Global Campus (UMGC)
Course codeBMGT 110
Credits3
LevelUndergraduate, introductory
PrerequisiteNone listed; aimed at beginners
Typical workDiscussions, short papers applying concepts to current events, quizzes

What BMGT 110 Covers

Introductory business courses usually span the building blocks below, all framed by the catalog's theme of business, society and the economy:

AreaCore idea
Economic environmentSupply, demand, competition and the business cycle
Forms of ownershipSole proprietorships, partnerships, corporations, LLCs
Management and leadershipPlanning, organizing, leading and controlling
Ethics and social responsibilityDuties to stakeholders beyond profit
Business functionsMarketing, operations, finance, human resources
HistoryHow past events shaped modern business

Key Concepts Explained

Supply and Demand

Prices tend to rise when demand grows faster than supply, and fall when supply outpaces demand. Many news stories about shortages or price drops are supply and demand stories.

Example: A frost damages coffee crops in a major producing country. Supply falls while demand stays steady, so wholesale prices rise. A café chain then chooses between raising prices, accepting lower margins or changing suppliers, which is a management decision driven by an economic event.

Stakeholders

Stakeholders are everyone affected by a business: owners, employees, customers, suppliers, communities and governments. Good answers show how one decision affects several groups differently.

Forms of Ownership

The choice of business form affects liability, taxes and control. A sole proprietor is personally liable for business debts; a corporation's shareholders usually risk only their investment. LLCs combine limited liability with flexible management.

Typical Assignments and How to Approach Them

Assignment typeWhat it testsHow to approach it
Current events paperApplying concepts to realitySummarize the event briefly, then analyze with course terms
Company profileUnderstanding business functionsCover ownership, market, strategy and stakeholders
Discussion postsClear reasoningOne clear point, one source, one question for peers
QuizzesVocabulary and conceptsLearn definitions with an example for each

Why the Course Takes a Historical View

The catalog says BMGT 110 looks at business from a historical perspective. History helps explain why businesses look the way they do today, from the rise of the corporation to mass production, globalization and the digital economy.

Historical examples also make useful comparisons in assignments. A paper on a modern supply-chain shock can be stronger if it notes how earlier disruptions, such as oil price shocks or financial crises, forced businesses to adapt.

Use history to explain the present, not as a list of dates. One well-chosen comparison, linked clearly to a course concept, is worth more than several paragraphs of background.

Business, Society and the Economy

The course stresses how these three interact. Businesses depend on economic conditions and social trust; society depends on businesses for jobs and goods; governments set rules that shape both. Good answers show these links rather than treating a company in isolation.

Finding Good Business Sources

Current-events assignments depend on reliable sources. Reputable business news outlets, company annual reports and government data, such as the US Bureau of Labor Statistics or Census Bureau, are strong choices. UMGC's library databases give access to many business publications.

Avoid relying on social media posts or anonymous blogs. If a story is breaking, check two independent reports before using it, and cite the date, since business news changes fast.

Where Students Get Stuck

Study Tips for BMGT 110

How We Help with BMGT 110

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Frequently Asked Questions

Who should take BMGT 110?

UMGC designs it for students with little or no business background, and recommends it as preparation for many other BMGT courses.

How many credits is BMGT 110?

UMGC lists it as a 3-credit course.

Is there a prerequisite?

No prerequisite is listed in the catalog description.

What kind of writing does BMGT 110 involve?

Typically discussion posts and short papers that apply business concepts to real companies and events.

Does BMGT 110 lead to BMGT 365?

Yes. UMGC lists BMGT 110 or BMGT 364 as the prerequisite for BMGT 365 Organizational Leadership.

Can you do my BMGT 110 assignment for me?

No. We provide custom answers, explanations and editing for learning; your submission must be your own.