BBA 111: INTRODUCTION TO BUSINESS STUDIES
| Institution | MASENO UNIVERSITY |
| Course | BUSSINESS ADMINISTRA... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Codred Agencies |
| File Type | docx |
| Pages | |
| File Size | 290.56 KB |
| Views | 9148 |
| Downloads | 1 |
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Description
A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or stateowned. A business owned by multiple individuals may be referred to as a company.
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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.
43 Pages
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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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COMMUNICATION SKILLS KNEC NOTES
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The word communication is used to mean speaking or writing or sending a message to another person. Communication is really much more than that. It involves ensuring that your message reaches the target audience and that the receiver understands and responds to the message appropriately.
54 Pages
11826 Views
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ENTREPRENEURSHIP KNEC LECTURE NOTES
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An entrepreneur is a person who identifies a business opportunity, harnesses and obtains the resources necessary to initiate a successful business activity. In the broader sense entrepreneurship refers to the means of stimulating innovative and creative undertakings for a better business community or world.
165 Pages
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