BBA 102 Principles of Management
| Institution | University |
| Course | Bachelor of Commerce |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Preston Junior Ayieko |
| File Type | |
| Pages | 83 Pages |
| File Size | 5.63 MB |
| Views | 2896 |
| Downloads | 1 |
| Price: |
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Description
In modern business world job management is becoming very difficult. Therefore managers requires several skills for successful management.. These skills include the following :
Technical Skill – ability and knowledge to use tools, equipment, procedures & techniques in a specialized area. The manager must know the skills required in a certain business, the role of each skill and interrelationship between the skills. They should be ready to ask for technical assistance in cases where they are not familiar with a particular skill. Ability in programming operating a word processing program, designing a brochure, training people to use a budgeting system, understanding manufacturing systems, etc. are examples of technical skills.
Human Skill refers to ability to work with, understand, mentor & motivate people as individual or groups. This is a sense of feelings and reflects the manager’s perception of superiors, subordinate and peers. Human skills are concerned with understanding of ‘People’. Interviewing job applicants, forming partnerships with other businesses, and resolving conflicts all require these skills.
Conceptual Skill –mental ability to coordinate & integrate an organization’s activities, especially in the long-term decisions affecting the organization. It is needed to see the organization as a whole & recognize how the various factors in a situation are interrelated so actions taken are in the best interests of the organization. Conceptual skills also include the competence to understand a problem in all its aspects and to use original thinking in solving the problem. Such competence is necessary for rational decision-making. Decision making, planning, and organizing require these skills.
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HBC 2101: Introduction to Accounting I - Course Outline
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Introduce students to financial accounting for processing and communicating of financial information to support economic decision making. This particularly focuses on procedures of book keeping and preparation of the financial statements for a simple business.
1 Pages
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51.57 KB
HBC 2101: Introduction to Accounting I - ERRORS ON ACCOUNTS
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The trial balance produced from the accounts appears to be correct, i.e the debits
are the same as the credits. However, on taking a close check on the balances and
transactions posted, errors may have been made and therefore the balances shown on
the trial balance may be incorrect i.e. under or over stated.
16 Pages
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331.19 KB
HBC 2101: Introduction to Accounting I
Accounting is defined as a process of Recording Classifying Summarizing Interpreting the financial transactions and Communicating the result thereof to the persons interested in such information for decision making purposes
48 Pages
405 Views
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1.25 MB
HBC 2101: Nature, purpose and scope of accounting
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Accounting may be defined as the process of collecting, recording, summarizing and
communicating financial information. Accounting is nothing but a means of
communicating the results of business operations to varies parties interested in or
connected with the business, viz., the owner, creditors, investors, government, financial institutions and other agencies. Accounting is, therefore, rightly called as the language of business. The basis purpose of a language is to serve as a means of communication. Accounting also serve this purpose. Accounting is not only associated with business but also with every body who is interested in keeping an account for the money received and money spent.
10 Pages
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110.52 KB
HBC 2101: Purchases Ledger Control Account.
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Purchases Ledger Control Account is a summary account which checks the arithmetical accuracy of the Purchases Ledger. It enables us to see at a glance whether the general ledger balance for the purchase’s ledger agrees with the total of all the individual trade payable accounts held within the purchase’s ledger.
3 Pages
3719 Views
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HBC 2101: CONTROL ACCOUNTS
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Control accounts are so called because they control a section of the ledgers. By control
we mean that the total on the control accounts should be the same as the totals on the
ledger accounts. There are two main types of control accounts:
11 Pages
4000 Views
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253.08 KB
HBC 2101: ACCOUNTING FOR TRANSACTIONS
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HBC 2101 Introduction to Accounting I - ACCOUNTING FOR TRANSACTIONS
50 Pages
4226 Views
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2.11 MB
HBC 2101: BANK RECONCILIATION STATMENTS
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The cashbook for cash at bank records all the transactions taking place at the bank i.e. the movements of the account held with the bank. The bank will send information
relating to this account using a bank statement for the firm to compare. Ideally, the records as per the bank and the cashbook should be the same and therefore the balance carried down in the cashbook should be the same as the balance carried down by the bank in the bank statement.
11 Pages
4193 Views
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134.71 KB
HBC 2101: Accounting principles and concepts
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Qualities of Useful Financial Information. The four principal qualities of useful financial information are understandability, relevance, reliability and comparability.
45 Pages
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HBC 2101: ACCOUNTING FOR MERCHANDISING OPERATIONS
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Income Statements
Single-step income statement
Multiple-step income statement
Gross Margin = Gross Profit = Net Sales – Cost of Goods Sold
Gross Margin ratio = Gross Margin / Net Sales
25 Pages
5199 Views
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62.17 KB