Virtual Kollage: BUSINESS MANAGEMENT

BUSINESS MANAGEMENT

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INTRODUCTION TO BUSINESS MANAGEMENT 
The Meaning of Management and Administration
The Basic Functions of Management
The Levels of Management 

BUSINESS ORGANIZATIONS
Types of business organizations 
The functions of the Board of Directors of a company 

BUSINESS ENVIRONMENT
The definition and meaning of Business environment 
The components of Business Environment 
Types of Business Environment

BUSINESS ETHICS 
The Legal Responsibilities of Business 
The Social Responsibilities of Business 
The Ethical Responsibilities of Business

LEGAL FRAMEWORK OF BUSINESS OPERATIONS
Conditions for a contract to be valid
What makes a contract void
The difference between a contract, agreement and promise

BUSINESS FAILURE
The internal causes of business failure
The external causes of business failure


PUBLIC CO-OPERATIONS
The reasons for the establishment of Public Corporations 
The main features of Public Corporations
The functions of Public Corporations 
The problems of public corporations
How Public Corporations are controlled
Why the private sector performs better than the public sector
The advantages and disadvantages of a Limited Liability Company

PARTNERSHIPS
The features of a partnership organization
The advantages of partnership
The disadvantages of partnerships

CO-OPERATIVE SOCIETIES
Definition and types of co-operative societies
How to form a co-operative society 
The sources of finance for co-operative societies 
The characteristics of a co-operative society 
The advantages of co-operative societies 
The disadvantages of co-operative societies

PLANNING
The characteristics of planning
The importance of planning
The limitations of planning

DECISION MAKING IN BUSINESS
The definition and importance of decision making 
Steps in decision making 
Types of decision making - Programmed decision making 
Types of decision making - Non-programmed decision making 
Kinds of programmed and non-programmed decisions 
The levels of management decision 

ORGANIZING
Organizing, the steps involved in organizing 
The outcome of exercising the managerial function of organizing 
Span of control in an organization 
Operational principles of organization                                          The importance of organizing