Business Management I

Nelson Mandela University

Course Description

  • Course Name

    Business Management I

  • Host University

    Nelson Mandela University

  • Location

    Port Elizabeth, South Africa

  • Area of Study

    Business Management

  • Language Level

    Taught In English

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    24
  • Recommended U.S. Semester Credits
    1
  • Recommended U.S. Quarter Units
    2
  • Overview

    PURPOSE
    This module will equip learners with an understanding of business calculations as well as principles of management for an organisation.

    LEARNING OUTCOMES
    The module will provide learners with an understanding of concepts such as The Time Value of Money, Interest, Depreciation and Rates of Inflation and how it is applied to the day-to-day running of a business as well as their personal lives.After completing this module, learners will be able to explain the role of entrepreneurs in society and what traits distinguish an individual as an entrepreneur. Learners will be able to identify various risks faced by entrepreneurs through an analysis of the business environment.

    CORE CONTENT
    Entrepreneurship
    The Establishment of a Business
    The Business Environment
    The Functional Management of the Organisation
    The Time Value of Money
    Working with Interest