BUSINESS MANAGEMENT I
TUTOR: Mrs. Blessing. T
STATEMENT ABOUT ACADEMIC HONESTY AND INTEGRITY
All students, upon signing this course outline, commit themselves to abide by the policies and rules of the institution. The core activity of ABN is learning and in this respect academic honesty and integrity is very important to ensure that learning is valid, reliable and credible.
ABN therefore does not condone any form of academic dishonesty, including plagiarism and cheating on exams and assessments, amongst other such practices. ABN requires students to always do their own assignments and to produce their own academic work, unless given a group assignment.
Academic Dishonesty includes, but is not limited to:
- Using the ideas, words, works or inventions of someone else as if it is your own work.
- Using the direct words of someone else without quotation marks, even if it is referenced.
- Copying from writings (books, articles, webpages, other students’ assignments, etc.), published or unpublished, without referencing.
- Syndication of a piece of work, all or part of an assignment, by a group of students, unless the assignment was a legitimate group assignment.
- The borrowing and use of another person’s assignment, with or without their knowledge or permission.
- Infringing copyright, including documents copied or cut and pasted from the internet.
- Asking someone else to prepare an assignment for you or to write or sit an assessment for you, whether this is against payment or not.
- Re-submitting work done already for another course or programme as new work, so-called self-plagiarism.
- Bringing notes into an examination or test venue, regardless of whether the notes were used to copy or not.
- Receiving any outside assistance in any form or shape during an examination or test.
All forms of academic dishonesty are viewed as misconduct under ABN Student Rules and Regulations. Students who make themselves guilty of academic dishonesty will be brought before a Disciplinary Committee and may be suspended from studying for a certain time or may be expelled. All students who are found guilty of academic dishonesty shall have an appropriate endorsement on their academic record, which will never be erased
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Course Aims |
The course introduces students to the basics of a business, its management, functions and duties of the different management areas. The course defines a business and the basics of business management. It also discusses the different management functions, responsibilities of selected department and the duties of business managers. Business risk management and auditing are also discussed in this module. By the end of the course students will have some understanding of the business management, roles and responsibilities of different departments in business. |
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Specific Learning Outcomes |
Upon completion of the course students will, through assessment activities, show evidence of their ability to: § Understand the meaning of business, how to manage a business, different types of businesses and how to liquidate a business. § Explain the three types of business offices § Understand the different management functions performed in a business environment § Explain the different types of business management activities § Understand the different functions performed by different departments in organisations § Understand business risks and how they can be managed § Understand what auditing is and its importance in business.
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Course Content |
The following are the topics covered in the course: Basics of a business § What is a business, company culture, business management § Basics of business ownership, classification of business and business exit plans § Liquidation § Departmentalisations § Basic management terms § Formation of the business policy Basics of business management § What is office administration, business manager § Types of business offices- middle, front, back office § What is middle management § How to implement policies and strategies Management functions § Types of management functions-planning, organising, leading and controlling § Managerial skills § Basic functions of management What is business management § Business management activities § Customer relations management § Purchasing management § IT process management § What is supervisory management § What is procurement management § Cost management , working capital management § What is management audit § Sales performance management § Human resources management § Strategic human resources management § Performance management § Financial performance management § Strategic performance management § Debt management § What is working capital management Responsibilities of selected departments § What is IT department § Importance of an IT department § What is operations department § Human resources management § Finance department § What is an audit department Duties of business managers1 § What is a financial services industry § What is a manager, types of managerial positions Duties of business managers 11 § What does business financial managers do § What is financial project manager § What is a financial analyst manager § What does an IT manager do § What does an operations manager do Business risk management § What is risk management, risk management process, § What is corporate risk, financial risk, counterpart risk, operating risk, business risk and regulatory risk § What is a compliance auditor § What is risk management insurance § What is porters’ five forces analysis Auditing of business operations1 § What is an internal audit, audit report, financial auditing § What is an auditor, independent auditor, internal audit and external audit § Auditing of business operations 2 § What are the different types of audit services § What is an audit checklist § What does a certified internal auditor do § What does an internal auditor do § What does an external auditor do
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Methods of Facilitating Learning |
The course will be facilitated through the following learning activities: § In the second semester of 2017, Full time and part time lectures will be offered in which students are expected to take notes. § This first semester of 2017, distance learning is facilitated and a vacation school has been scheduled on the school calendar. § Assigned readings will be given as well as a study guide to help students focus on the specifics required for this course. § Assignments will be given to students which are supposed to submitted as per specified due dates. |
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Assessment Strategies |
Diversified Continuous Assessment and an end-of-semester examination will apply as follows: Full/Part-time/Distance :50% Continuous Assessment 50% Examination Continuous Assessment is made up of: § Assignments
Students have to obtain at least 50% to write the examination. A minimum Final Mark of 50% is required to pass the course.
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Quality Assurance Arrangements |
Moderation of assessments will be done in accordance with the ABN ’s rules and guidelines on moderation. |
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Student Support and Learning Resources |
Prescribed reading :
Recommended texts: Sullivan, Arthur; Steven M. Sheffrin (2003).Economics Principles in action. Upper saddle river, new jersey 07458: Pearson Prentice Hall |