Upon completion of this unit, the learner will be able to:-
- Understand the nature of economic resources and that their finite supply creates the need for business organisations to make choices.
- Understand the concept of market equilibrium and be able to use supply and
demand analysis to examine how price is established within a market. - Understand the concepts of elasticity of demand and supply and their
application within the business decision-making process. - Understand the economic theory of costs, the distinction between short-run
and long-run costs, economies and diseconomies of scale, and their
application to business. - Understand the nature and characteristics of different market structures and
how these structures affect business conduct and performance. - Understand the role and importance of the banking and finance sector to the
successful operation of a business. - Understand the impact of international free trade and the use of alternative
exchange rate regimes upon business performance.
- Teacher: Akeem Rahaman
Upon completion of this unit, the learner will be able to:-
- Understand the importance of organisational behaviour in successfully managing a dynamic environment.
- Understand the individual's contribution to organisational behaviour and performance by recognising the importance of personality, perception, attitudes and learning.
- Understand motivation, the various content and process theories and their implications for management, and job re-design approaches to improve motivation.
- Understand about job satisfaction and its relationship to job performance together with stress, frustration reactions and the necessary management action to overcome them.
- Understand the nature, skills, significance and effectiveness of groups in organisations.
- Understand leadership theories and examine the key variables that determine the effectiveness of leadership in practice.
- Understand the nature of conflict and various approaches to securing conflict resolution.
- Understand formal and informal communication processes and networks, and examine the potential barriers to effective communication.
- Teacher: Jenny Singh
Upon completion of this unit, the learner will be able to:-
- Understand the framework of financial accounting.
- Know how to prepare and present the financial statements of companies in accordance with internationally generally accepted accounting practice (IGAAP) under International Financial Reporting Standards.
- Know how to prepare Statements of Comprehensive Income, Statements of Financial Position, Statement of Changes in Equity, and Statements of Cash Flows.
- Know how to analyse and interpret financial statements for a range of users.
- Know how to prepare and present consolidated financial statements in accordance with IGAAP.
- Understand the capital structure and gearing of a business.
- Teacher: Andre Albert
Upon completion of this unit, the learner will be able to:-
- Understand the importance of organisational behaviour in successfully managing a dynamic environment.
- Understand the individual's contribution to organisational behaviour and performance by recognising the importance of personality, perception, attitudes and learning.
- Understand motivation, the various content and process theories and their implications for management, and job re-design approaches to improve motivation.
- Understand about job satisfaction and its relationship to job performance together with stress, frustration reactions and the necessary management action to overcome them.
- Understand the nature, skills, significance and effectiveness of groups in organisations.
- Understand leadership theories and examine the key variables that determine the effectiveness of leadership in practice.
- Understand the nature of conflict and various approaches to securing conflict resolution.
- Understand formal and informal communication processes and networks, and examine the potential barriers to effective communication.
- Teacher: Roger Samaroo
Upon completion of this unit, the learner will be able to:
- Understand the main sources and types of law.
- Understand the different types of business organisation.
- Understand the essential elements of a contract.
- Understand the law on discharge and breach of a contract.
- Know and understand the legal rules in relation to agency.
- Know the legal rules in relation to the areas of employment law identified
Upon completion of this unit, the learner will be able to:-
- Understand the nature of economic resources and that their finite supply creates the need for business organisations to make choices.
- Understand the concept of market equilibrium and be able to use supply and
demand analysis to examine how price is established within a market. - Understand the concepts of elasticity of demand and supply and their
application within the business decision-making process. - Understand the economic theory of costs, the distinction between short-run
and long-run costs, economies and diseconomies of scale, and their
application to business. - Understand the nature and characteristics of different market structures and
how these structures affect business conduct and performance. - Understand the role and importance of the banking and finance sector to the
successful operation of a business. - Understand the impact of international free trade and the use of alternative
exchange rate regimes upon business performance.
Upon completion of this unit, the learner will be able to:-
- Understand the framework of financial accounting.
- Know how to prepare and present the financial statements of companies in accordance with internationally generally accepted accounting practice (IGAAP) under International Financial Reporting Standards.
- Know how to prepare Statements of Comprehensive Income, Statements of Financial Position, Statement of Changes in Equity, and Statements of Cash Flows.
- Know how to analyse and interpret financial statements for a range of users.
- Know how to prepare and present consolidated financial statements in accordance with IGAAP.
- Understand the capital structure and gearing of a business.
Upon completion of this unit, the learner will be able to:-
- Understand the importance of organisational behaviour in successfully managing a dynamic environment.
- Understand the individual's contribution to organisational behaviour and performance by recognising the importance of personality, perception, attitudes and learning.
- Understand motivation, the various content and process theories and their implications for management, and job re-design approaches to improve motivation.
- Understand about job satisfaction and its relationship to job performance together with stress, frustration reactions and the necessary management action to overcome them.
- Understand the nature, skills, significance and effectiveness of groups in organisations.
- Understand leadership theories and examine the key variables that determine the effectiveness of leadership in practice.
- Understand the nature of conflict and various approaches to securing conflict resolution.
- Understand formal and informal communication processes and networks, and examine the potential barriers to effective communication.
- Teacher: Kylash Deonarine
Upon completion of this unit, the learner will be able to:-
- Understand the significance of the environment on business activity.
- Understand the structure and organisation of business.
- Understand the competitive and political environment facing businesses.
- Understand the impact of the macro-economic environment on business.
- Understand the influence of the global economy on business.
- Understand the impact of socio-cultural influences and technology on business decisions.