Principles of Business focuses on the theoretical and practical aspects of business activities. It provides a framework to assist in more informed decision-making by individuals in their role of producers or consumers. This syllabus provides opportunity for students to develop entrepreneurial and managerial skills necessary to survive and prosper in a local, regional and global dynamic business environment. It also engages students in conducting research which helps to improve their communication and critical thinking skills and creates an awareness of business ethics and social responsibilities.
The Principles of Business syllabus is arranged in into 10 sections.
Profile Dimension 1 – Organisational Principles
|Section 1||The Nature of Business|
|Section 2||Internal Organisational Environment|
|Section 3||Establishing a Business|
|Section 4||Legal Aspects of Business|
Profile Dimension 2 – Production, Marketing and Finance
|Section 7||Business Finance|
Profile Dimension 3 – The Business Environment
|Section 8||Role of Government in an Economy|
|Section 9||Social Accounting and Global Trade|
|Section 10||Regional and Global Business Environment|