Introduction to Business

Written by Administrator Thursday, 18 June 2015 10:58
Rate this item
(10 votes)

Course Code PHRM 51013

Title Introduction to Business

Status Core

Learning

Outcome             On completion of this course unit students will be able to,

 

(a) Define and describe key functional areas of a business, (b) Distinguish different types and categories of business and ownership, (c) Understand economics that     governs businesses, (d) Understand the basic legal framework, (e) Basic aspects of accounting and finance related to business

Content Understanding key functional areas of a business: Sales and Marketing, Production and Manufacturing, Accounting and Finance, Human Resources, Form of business ownerships: Sole proprietary, Partnership, Cooperation, Limited liability Companies, Corporate Expansions, Merger and Acquisitions, Franchises, Entrepreneurship,  Monitory  market: Money Market, Capital Market, Shares and share market: Shares of a Business, Share Markets Including Colombo Share Market, Stock Market Indexes, Understanding Accounting and Finance of a Business: Basic Introduction to Assets, Capital and liabilities of a Business. Objective and Purpose of Accounting, Fundamental Equation of Accounting, Simple and Basic Introduction to Cash Book, General Ledger and Journals, Understanding and Interpreting Financial Statements: Income and Expenditure Account, Profit and Loss Account, Balance Sheet, etc, Cash Flow and its Objective and Purpose, Budget Preparation and Forecasting, Objective and Purpose of Finance, Types of Business and Industries in Sri Lanka: Plantation Sector, Garment Sector, Free Trade Zones and the BOI, Basic Economics: What is Economics, Free Markets, Capitalism, Socialism, Mixed Economies, Determination of Prices, Supply, Demand, Equilibrium, Competition, Inflation, Sri Lankan Economic Indicators, Business law

Methodology: Lectures, Discussions, Presentations, Case Studies and Tutorials

Assessment: End semester examination - 60%, Assignments – 40%, one of the assignments may sometimes be replaced by a mini test or a presentation

Recommended Readings                  .

  1. 1. Nickels, W.G. & McHuge, M.J (2002). Understanding Business, 6th edition, McGraw – Hill, New York, USA
  2. 2.

 

Bandara, G. (2005). Business Studies (Singhala), ISBN 55-678-4-2

  1. 3. Journal of International Business Studies, http://www.palgrave-journals.com/jibs/index.html
Last modified on Tuesday, 30 November 1999 00:00
More in this category: Strategic HRM »

Digital Notice Board

Department of HRM Quality Review Week

From 14 Oct to 18 Oct 2018, the department quality review programmes will take place.

Social Plugins

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday1995
mod_vvisit_counterYesterday1391
mod_vvisit_counterThis week3688
mod_vvisit_counterLast week9766
mod_vvisit_counterThis month13755
mod_vvisit_counterLast month16837
mod_vvisit_counterAll days293085

University News

University of Kelaniya
Content View Hits : 576833

Important Links

1.3K like this · Sri Lanka · Education
This is the pioneering HRM Department in Sri Lankan HR Education


Kelaniya HRM Alumni
Member since October 2012
Kelaniya, Sri Lanka
12 members said they work at University of Kelaniya


HRM - 2017 IN

Member since March 2017
7 members said they work at University of Kelaniya

1 unread post · Member since March 2016
10 members said they work at University of Kelaniya
3 unread posts · Member since February 2015
Member since June 2013
Some people make the world happen...
9 members said they work at University of Kelaniya
Member since May
4 members said they work at University of Kelaniya
Member since February 2014
Member since February 2017
මෙය කැළණිය විශ්වවිද්‍යාලයේ සියලුම මානව සම්පත් කළමනාකරණ ඉගෙනුම ලබන සහ උපාධිය අවසන් කරන ලද සියලුම දෙනාට පමණක් සිමා...
12 members said they work at University of Kelaniya
1 unread post · Member since June 2014
Welcome HRM-Official Facebook Group...
Member since August 2013
Member since October 2012
This group id especially created in order to deliver lecture notes and materials in advance. Further the updates...
Member since October 2012
This group id especially created in order to deliver lecture notes and materials in advance. Further the updates...
Member since December 2014
Member since September 2013
Member since October 2015
3 members said they work at University of Kelaniya
Member since April 2015
12 members said they live in Colombo, Sri Lanka
Member since August 2017
UA-68071515-1