Business

L E A R N I N G O B J E C T I V E S Once the plans have been laid down and objectives specified therein, the next step is to organise resources in a manner which leads to the accomplishment of objectives. A After studying this chapter you should be able to: n Explain the concept of organising; n Explain the process of organising; n Describe the importance of organising; n Explain the meaning, advantages and disadvantages of functional organisation; n Explain the meaning, advant...

Topics to be covered Marks allocated Concept of Business Meaning of terms “Business” and Administration “Administration” Legal Framework/obligations of Forms of Business organizations Introducing Business Interest Lobby organizations – e.g. Chambers of Commerce and how to use them Practice Session: In Groups, To understand the concepts and integration of Business and Administration, concept of People Management – Leadership/ Motivation needs to be brought in Place. A brief ove...

Summary - Business

THE DOCUMENT TRIES TO OFFER AN EXAMPLE OR GUIDELINE ON HOW TO WRITE A BUSINESS PLAN

Marketing 402 - Strategic Market Pricing - Midterm Exam To create value in a product and price it profitably, financial management must choose to -Answers- incur costs to make only profitable products given their value to the targeted customer A value-based price structure can result in poor sales when _____. -Answers- prices are not justified to the customer in terms of the value of the product The practice of financial prudence is often associated with _____ as it focuses on fair ...

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