THIS PROGRAM TEACHES ABOUT ALL ASPECTS OF BUSINESS, AND PROVIDES THE SKILLS AND KNOWLEDGE NEEDED TO ENSURE MANAGERIAL AND ADMINISTRATIVE EFFICIENCY IN BUSINESS, AND THE COMPETENCE TO OPERATE PROFITABILITY IN THE MODERN INDUSTRIAL AND COMMERCIAL BUSINESS WORLD.
Success in business today depends on much more than just the ability to produce or sell products. A modern business manager or administrator must also be proficient in managing finance, business resources, accounts, human resource, purchasing, marketing, stock control, office organisation and control, computerisation, communications, and very much more. This Program is designed to train existing, new and future managers to run businesses successfully, and provides the foundation for any successful career involving business, management or administration; it is essential for anyone seeking administrative or managerial posts, and for people running businesses or in management positions.
Curriculum
- 5 Sections
- 19 Lessons
- 8 Weeks
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- Module 1 - Planning and Forecasting4
- 1.0Business objectives, planning and forecasting in business, policies, profit
- 1.1The business plan; competition, location, knowledge, skills, market potential.
- 1.2The business environment, public, private and trading enterprises, types of businesses, brands
- 1.3Sole-proprietor businesses, partnership firms, limited liability companies, directors
- Module 2 - Capital & the Financing of Businesses4
- 2.0Common financial terms, the meaning of capital, funds forecasts
- 2.1Raising capital for sole-proprietor businesses, partnerships and companies, shares
- 2.2Income, expenditure, overheads, depreciation, cash and funds flows
- 2.3Control by management over working capital, cash, debtors, stocks, creditors, liquidity
- Module 3 - Factors to be Considered in Starting a Business4
- 3.0Initial capital needed, reserves, capital and the ownership of a business
- 3.1Assessing market potential, market research, test marketing, competition
- 3.2Using knowledge and experience, location of businesses, products and customers, special facilities
- 3.3Factors in taking over a business, its real value, goodwill, sale agreement, renting premises, leases
- Module 4 - Business Organisation & Communication in Business Management3
- 4.0Delegation of responsibility, benefits of delegation, business expansion, re-organising the business Spans of control, types of organisational structure, organisation charts
- 4.1Internal, external, vertical and horizontal communications, communication channels, two-way flow
- 4.2Effect of good communications on employees, managers and customers, effective communication
- Module 5 - Budgets, Budgeting & Pricing Policy4
- 5.0Budgeting, budgetary control, purposes and importance, preparation, limiting factors
- 5.1Sales budgets, production budgets, other sub-budgets, the master budget
- 5.2Pricing policy and factors effecting prices set, costs, demand, competitors, buyers, the product
- 5.3Standards in business, how and why they are set, ideal and attainable standards
