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Course Description
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Course Name
Business Management I
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Host University
Nelson Mandela University
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Location
Port Elizabeth, South Africa
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Area of Study
Management
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Language Level
Taught In English
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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.
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Host University Units
24 -
Recommended U.S. Semester Credits1
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Recommended U.S. Quarter Units2
Hours & Credits
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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