Upon completion of this unit, the learner will be able to:-
- Understand the importance of a professional approach to HRM as an essential means for optimising the performance and commitment of an organisation's employees.
- Understand the role of effective and efficient people resourcing (HR planning, recruitment and selection) in securing a workforce with the requisite knowledge, skills and attitudes, enabling them to contribute to organisational goals.
- Understand the theory and practice related to the full range of HRM functions (learning, performance management, reward/recognition and employee relations).
- Understand the content and significance of key developments in the HRM arena, especially High Performance Working (HPW), employee 'engagement', employer branding, and self-managed learning.
- Teacher: Roger Samaroo
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: Nanda Maharaj
Upon completion of this unit, the learner will be able to:-
- Understand different types of numerical data and different data collection processes, and be able to present data effectively for users in business and management.
- Understand the basic concepts of probability and probability distributions, and their applications in business and management.
- Understand how to apply statistical methods to investigate inter-relationships between, and patterns in, business variables.
- Understand how statistics and mathematics can be applied in the solution of economic and business problems.
- Teacher: Andre Albert
Upon completion of this unit, the learner will be able to:-
- Understand the essential requirements of a management accounting system and the control systems required for materials, labour and overheads.
- Know how to classify and analyse cost data and understand how cost systems differ by activity, i.e. job, process and contract costing.
- Understand costs for short-term decision-making and know the difference between marginal and absorption costing.
- Understand the purpose of budgetary control including the purpose and importance of working capital management.
- Understand the purpose of standard costing and variance analysis.
- Know how to appraise capital investment projects.
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: Jenelle Alexander Ramkissoon
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.
- Teacher: Alvin Rojas
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: Alvin Rojas
Upon completion of this unit, the learner will be able to:-
- Understand the importance of a professional approach to HRM as an essential means for optimising the performance and commitment of an organisation’s employees.
- Understand the role of effective and efficient people resourcing (HR planning, recruitment and selection) in securing a workforce with the requisite knowledge, skills and attitudes, enabling them to contribute to organisational goals.
- Understand the theory and practice related to the full range of HRM functions (learning, performance management, reward/recognition and employee relations).
- Understand the content and significance of key developments in the HRM arena, especially High Performance Working (HPW), employee ‘engagement’, employer branding, and self-managed learning.
- Teacher: Jenine Mitchell
Upon completion of this unit, the learner will be able to:-
- Understand the importance of a professional approach to HRM as an essential means for optimising the performance and commitment of an organisation’s employees.
- Understand the role of effective and efficient people resourcing (HR planning, recruitment and selection) in securing a workforce with the requisite knowledge, skills and attitudes, enabling them to contribute to organisational goals.
- Understand the theory and practice related to the full range of HRM functions (learning, performance management, reward/recognition and employee relations).
- Understand the content and significance of key developments in the HRM arena, especially High Performance Working (HPW), employee ‘engagement’, employer branding, and self-managed learning.
- Teacher: Shinelle Grant
Upon completion of this unit, the learner will be able to:-
- Understand the contribution Customer Service makes to achieving organisational objectives.
- Know how to improve customer service performance in an organisation.
- Know how to manage the customer interface.
- Know how to improve customer service levels in specific contextual settings.
- Understand the role and impact of front-line staff in the delivery of customer
service.