TOPIC 1 SCM AND PURCHASING FUNCTION Introduction: Definitions: Procurement: The term procurement is defined as the acquisition of merchandise or services at the optimum possible total cost in the correct amount and quality. These goods and services are also purchased Read More …
Day: June 8, 2022
Cost Accounting Mount Kenya University (MKU) Notes
INTRODUCTION TO COST ACCOUNTING Purpose The main object of this lesson is to introduce the learner to cost accounting; uses of cost information; cost concepts and the differences between cost accounting and financial accounting Specific Objectives By the end of Read More …
PLC, DIVERSIFICATIONS, INNOVATIONS, PRODUCT REENGINEERING NOTES
For the purpose of this chapter, PLC will be taken to mean product life cycle, and product and service will be used interchangeably. Many will be familiar with this timeless model which not only describes the stages in the sales Read More …
PUBLIC RELATIONS KNEC NOTES
INTRODUCTION DEFITION Public relations (PR) is a form of communication that involve creating understanding through knowledge and effecting change in commercial ,non commercial, private and public sector Public relations (PR) refer to all forms of planned communication within and outside Read More …
IDENTIFYING STRATEGIC ISSUES NOTES
To survive or prosper in the global business environment, a firm must be skilful in how it applies its strategies to compete globally. Although global competitive strategies are imperative for firms operating in multiple countries, the solely domestic firm must Read More …
MARKET STRUCTURE NOTES – Click to view
5.1 Perfect Markets Perfect market is a market with many buyers and sellers where nobody can determine the price of goods or services. Characteristics Large number of buyer and sells where each individual firm supplies part of total quality supplied. Read More …
