University Notes
DATA COMMUNICATION AND NETWORKING
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Networking is the concept of sharing resources and services. a network of computers is a group of interconnected systems shaing resources and interacting using a shared communication skilss.
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MANAGEMENT
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Management is defined as a process of overseeing and coordinating resources efficiently and effectively in line with the goals of the organisation. Effectiveness is the attainment of goals that enables the realisation of the objectives of an organisation or, briefly, as doing the right thing whereas efficiency is the performing of a job using minimum effort, cost and wastage or simply put as doing things right. The end result of an efficient and effective management is the success of an organisation.
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DATA AND COMPUTER SECURITY
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Data and information must be protected against unauthorised access, modification or damage. this is because it is a scarce and valuable resource for any business organisation
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Introduction to Procurement Management
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For the purpose of this course, the term 'procurement‘ will be used in place of the term purchasing and supply management, which implies the acquisition of goods and services in return for a monetary or equivalent payment. The term 'procurement‘, as it is used in the course, is the process of obtaining goods or services in any way, including borrowing, leasing and even force or pillage (Lyson and Farrington, 2006), in a wider context of supply management relevant to today‘s business practices.
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Public Procurement Procedures
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The Public Procurement Procedures Handbook has been compiled to provide
guidance to public officials responsible for public procurement, auditors and other
financial management specialists in their everyday business relating to public
procurement. It is intended as a reference tool for guiding the practice of public
procurement, ensuring compliance with the current legislation of Belize and
application of procurement international best practices.
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Lecture 1: Introduction to Business studies
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Each business can be defined or described by its type of ownership, the goods produced or services offered, the types of jobs provided, or the functions it performs in a community.
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Lecture 2: Business Environment
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The environment of any organization is “ the aggregate of all conditions, events and influences that surround and affect it.”
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Lecture 3: Business and Society
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A Corporate Code of Ethics begins by setting out the values that underpin the code that describes a company's obligation to its stakeholders. The code is publicly available, details how the company plans to implement its values and vision, and contains guidance on ethical standards and how to achieve them.
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Lecture 4: Finacial Markets and Business
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Commodity Money consists of objects that have value in themselves as well as value in their use as money. Gold is an example of a material that has value in itself but has also
been used as a commodity money in the past.
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Lecture 5: Forms of Business Ownership
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Picking the best type depends on the nature of the business opportunity and the level of personal exposure to risk the owner is willing to accept.
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Lecture 6: Entrepreneurship
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An entrepreneur is someone who: Sees an opportunity – some hole in the market, or some way to better provide a current service and Works effectively to create a solution, carefully designing how the solution will be made and distributed.
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Lecture 7: Principles of Management
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Managers wear many hats and must bring with them an entire toolkit of skills-conceptual skills, human skills, and technical skills-in order to reach organizational goals and objectives effectively.
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Topic 5: LAW OF CONTRACT
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The Law of Contract Act 1961, S. 2(2) provides that, except as may be provided by any written law for the time being in force, the common law of England relating to contract, as modified by doctrines of equity and by the Acts of the United Kingdom Parliament specified in the schedule to the Act, to the extent and subject to modifications in the said schedule, shall extend and apply to Kenya.
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KEYNESIAN THEORY OF INCOME AND EMPLOYMENT
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The fundamental point of the Keynesian theory of income and employment is that employment is a function of income; the greater the level of national income, the greater the volume of employment and vice versa.
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Listening Skills
Hearing - the process in which sound waves strike the eardrum and cause vibrations that are transmitted to the brain.
Listening - occurs when the brain reconstructs these electrochemical impulses into a representation of the original sound that gives them meaning.
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INTRODUCTION TO ACCOUNTING
Accounting is defined as the process of identifying, measuring and reporting economic
information to the users of this information to permit informed judgment.
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BAF 411: AUDITING AND INVESTIGATIONS
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Audit evidence refers to the information obtained by the auditor in arriving at the conclusions on which audit opinion on the financial statements is based. Audit evidence comprises of source documents and accounting records underlying the financial statements.
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BUSINESS COMMUNICATION FULL NOTES
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Communication is a complex process often involving reading, writing, speaking and listening. It may be verbal and non-verbal (or a mixture of both), and it uses a variety of media (language, mass media, digital technology, etc.)
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BEC 121: INTRODUCTION TO MACROECONOMICS
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Macroeconomics is essentially the study of the behaviour and performance of the economy as a whole. It examines the relationship and interaction between the ‘factors and forces’ that determine the level and growth of national output and employment, general price level, and the balance of payments of the economy.
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MICROECONOMICS COURSE BOOK
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This course provides the student with an introduction to the basic elements of modern
microeconomics. The course provides coverage of the institutional background and the
history of significant microeconomic ideas and issues in Kenya and around the world. It
will develop an understanding of how microeconomics relates to practical life.
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