Business Studies Department
Composition Of Business Studies Department
Misconception And Overview Of Business Studies
It is claimed by a few that Business Studies is alike Commercial Studies or Social Studies. To much regret, it is not! In fact, it offers a wide variety of perspective and its dynamism is shown through the content of the subject. The beauty of the subject lies in its knowledge, analysis, evaluation and analytical prospects. It offers the chance for critical evaluation on managerial topics to name a few such as:
- Strategic management, strategic analysis, strategic choice, strategic implementation involving management of change and contingency planning.
- Quality management
- Leadership
- Motivation
- Organisation Structure
- Human Resource Management
- Project Management
- Marketing Management and Marketing Research
- Technology Management
- Laws, Environment and Ethical aspect of running a business
- Accounting and Finance
The demand for this subject has risen quite considerably over the last few years where it offers much scope for finance and management based degree courses.
Aims And Objectives
The syllabus is intended to encourage candidates to:
Understand and appreciate the nature and scope of business, and the role of business in society.
Develop critical understanding of organisations, the markets they serve and the process of adding value. This should involve consideration of the internal workings and management of organisations and, in particular, the process of decision-making in a dynamic external environment.
Be aware that business behaviour can be studied from the perspective of a range of stakeholders including customer, manager, creditor, owner/shareholder and employee.
Be aware of the economic, environmental, ethical, governmental, legal, social and technological issues associated with business activity.
Develop skills in:
• Decision-making and problem solving in the light of evaluation;
• the quantification and management of information, where appropriate;
• Effective communication.
Textbooks
Useful Educational Websites Links