BBA 102 Principles of Management

Institution University
Course Bachelor of Commerce
Year 1st Year
Semester Unknown
Posted By Preston Junior Ayieko
File Type pdf
Pages 83 Pages
File Size 5.63 MB
Views 1334
Downloads 1
Price: Buy Now whatsapp Buy via whatsapp
  • whatsapp
  • facebook
  • twitter

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.
Below is the document preview.

No preview available
HBC 2101: CONTROL ACCOUNTS Trending!
Control accounts are so called because they control a section of the ledgers. By control we mean that the total on the control accounts should be the same as the totals on the ledger accounts. There are two main types of control accounts:
11 Pages 2124 Views 0 Downloads 253.08 KB
HBC 2101: ACCOUNTING FOR TRANSACTIONS
HBC 2101 Introduction to Accounting I - ACCOUNTING FOR TRANSACTIONS
50 Pages 1878 Views 0 Downloads 2.11 MB
HBC 2101: BANK RECONCILIATION STATMENTS Trending!
The cashbook for cash at bank records all the transactions taking place at the bank i.e. the movements of the account held with the bank. The bank will send information relating to this account using a bank statement for the firm to compare. Ideally, the records as per the bank and the cashbook should be the same and therefore the balance carried down in the cashbook should be the same as the balance carried down by the bank in the bank statement.
11 Pages 2080 Views 0 Downloads 134.71 KB
HBC 2101: Accounting principles and concepts
Qualities of Useful Financial Information. The four principal qualities of useful financial information are understandability, relevance, reliability and comparability.
45 Pages 1807 Views 0 Downloads 1.04 MB
HBC 2101: ACCOUNTING FOR MERCHANDISING OPERATIONS Trending!
Income Statements Single-step income statement Multiple-step income statement Gross Margin = Gross Profit = Net Sales – Cost of Goods Sold Gross Margin ratio = Gross Margin / Net Sales
25 Pages 2799 Views 0 Downloads 62.17 KB
HBC 2101: Accounting Principles Second Canadian Edition
A merchandising company is an enterprise that buys and sells goods to earn a profit. 1. Wholesalers sell to retailers. 2. Retailers sell to consumers.
25 Pages 1872 Views 0 Downloads 265.27 KB
HBC 2101: Accounting Basics Trending!
In accounting, there are two types of accounts: debit accounts and credit accounts. Under normal accounting circumstances, debit accounts have a positive balance and credit accounts have a negative balance. Along these same lines, each accounting transaction requires two entries: A debit entry and a credit entry. This is called double entry accounting.
2 Pages 2245 Views 0 Downloads 63.1 KB
dgfngfjh Trending!
cbbvnm nnbm ,m :-fhfdgsd
15 Pages 2569 Views 0 Downloads 210.51 KB
CILS 2101: COMMUNICATION AND INFORMATION LITERACY SKILLS - full notes Trending!
Welcome to Communication Skills! All human relations, be it formal or non-formal, official or unofficial are created, developed and sustained through com- munication. As such it is not only important to carry out communication as a means to facilitating these relationships but to acquire it as an essential skill of life. This basically underlines the necessity of the study of this unit as a whole.
159 Pages 2959 Views 0 Downloads 3.55 MB
COMS 110: COMMUNICATION SKILLS 1 Trending!
In this note, we shall examine the field of communication to serve as a foundation to what follows in the course. Principally, we shall define communication; outline its elements, principles and its importance in academic and life in general. We shall also briefly examine the various types of communication.
39 Pages 2656 Views 0 Downloads 724.03 KB