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About Course

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 5                              Production

Section 6                              Marketing

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

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