Month: February 2021

INTRODUCTION –INTERNATIONAL FEDERATION OF ACCOUNTANTS (IFAC) The IFAC Board has established the International Ethics Standards Board for Accountants (IESBA) to develop and issue, under its own authority, high quality ethical standards and other pronouncements for professional accountants for use around Read More …

Information Systems  INTRODUCTION In the previous 4 chapters we have looked at how information systems are supporting various business functions such as sales and marketing, finance and accounting and human resources. We also looked at how information systems are helping Read More …

Business Integration Integration is a process of combining various parts or elements into a more harmonious, effective, and productive unit, and by this process, somehow make the whole greater than the sum of its parts. An integrated team, whether in Read More …

Human Resource Management Managing human resources is one of the key elements in the co-ordination and management of an organisation. An organisational workforce represents one of its most valuable resources. However, human resources are also potentially the most difficult to Read More …

Finance and Accounting This chapter provides an overview of the Finance and Accounting function. The main activities involved in finance and accounting function include: Financial Management. Financial Reporting Management Accounts The aim of the chapter is to Provide an introduction Read More …

THE CONCEPT OF MARKETING AND ITS ROLE IN BUSINESS Marketing has been defined as: “The process of studying the wants and need of others and then satisfying those wants and needs with quality goods and services (i.e. products) at a Read More …

Change Management Organisational change is defined as the adoption of a new idea or behaviours by an organisation (Daft, 2010). The management of change has become a top priority for all managers irrespective of the organisation. Change is now occurring Read More …

Communicating in Organisations Communication can be defined as the process by which ideas, information, opinions, attitudes, etc. are conveyed from one person to another. Organisational communication is about sharing information with others, listening to and receiving information from all levels Read More …

Teamwork A team, in an organisational context, can be defined as a unit of two or more people who interact and co-ordinate actively to meet a particular organisational objective. A team is more than just a collection of skilled individuals. Read More …

Introduction Motivation can be described as the forces acting on or within an individual, which determine the direction as well as the strength of their behaviours. This definition implies that there are four elements to the motivational process: Internal forces: Read More …