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 | 2372 |
| 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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1.0 The various forms of business organization
Business organizations can be formed by one person, a group of people or even government.
Consequently, we could have the following forms of business ownership:
i. sole proprietorship
ii. partnership
iii. limited liability company
iv. cooperative
v. public corpora
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1.0 The various forms of business organization
Business organizations can be formed by one person, a group of people or even government.
Consequently, we could have the following forms of business ownership:
i. sole proprietorship
ii. partnership
iii. limited liability company
iv. cooperative
v. public corpora
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284.78 KB
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Consequently, we could have the following forms of business ownership:
i. sole proprietorship
ii. partnership
iii. limited liability company
iv. cooperative
v. public corpora
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228 Views
0 Downloads
284.78 KB
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