G.C.E. (A.L.) Support Seminar- 2019

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Transcript of G.C.E. (A.L.) Support Seminar- 2019

Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
G.C.E. (A.L.)
Business Studies
Revision Notes
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
Syllabus
05. Entrepreneurship
08. Insurance
09. Communication
10. Logistics
11. Trade
12. Management
17. Information Systems
18. Business Plan
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
01. Business Environment
Business Activities
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
Classification of Business
Agriculture
Industry
Services
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
SWOT Analysis
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
02. CSR and Ethics
Recucle
Reuse
Reduce
Replace
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
03. Government
The government
Central government
Provincial councils
Providing infrastructure facilities
Being a competitor
Being a customer
Providing incentives
Being a tax collector
How businesses contribute to achieve the social economic aims of the government
Paying taxes
Conformity to rules and regulations
Contribution to employment
Minimizing the damages to the environment
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
Consumer Protection
Consumer rights
Consumer responsibilities
Sri Lanka Standards Institute (SLSI)
Aims
Functions
Government Policies
Fiscal Policies
Tax Income:
Supply Side Policies
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
04. Types of Business Organizations
Business organizations according to ownership
Private sector business organizations
State corporations
Advantages Vs. Disadvantages
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
05. Entrepreneurship
• Commitment
• Training
• Education
• Experiences
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
06. SME’s
Factors to be considered by small and medium businessmen
When starting the business
When conducting the business
Reasons for failures of small and medium businesses
Steps taken by the government to promote the small and medium
businesses
• Financial
• Non-financial
Types of incentives provided
• Financial facilities
• Marketing facilities
• Infrastructure facilities
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
07. Money and Financial Institutions
Money • Definition
• Functions – Medium of exchange, Store of value, Unit of account,
Method of deferred payment
Portability, Acceptability, Limited in Supply
• Types
Currency
• Aims
• Functions
• Importance of functions of Central Bank on the success of business
Commercial Banks – Services
• Credit card services
• Cash remittance services
• Issuing travelers cheques
• Automated banking facilities
• Other services
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
Cheques
• Crossing of cheques
• Advantages and disadvantages of doing transactions in e-money
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
08. Insurance
• Indemnity
• Subrogation
• Contribution
• Proximate cause
Life Insurance
General Insurance
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
09. Communication
Communication Process
Conciseness
Completeness
Clarity
Courtesy
Concreteness
Consideration
differences and physical separation
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
10. Transportation
transportation
transportation
Cost
Speed
Distance
Capacity
Safety
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
11. Trade
International Trade
Free trade
Non – Tariffs
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
Trade blocs
European union
Trade agreements
APTA (Asia Pasific Trade Agreement)
International organizations
ADB (Asian Development Bank)
IMF (International Monitary Fund)
Business to Business (B 2 B)
Business to Consumer (B 2 C)
Consumer to Consumer (C 2 C)
Government to Citizen (G 2 C)
Business to Government (B 2 G )
Government to Business (G 2 B)
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
12. Management
Top
Middle
Operational
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
13. Operational Management
Quality Control
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
14. Marketing Management
Promotion Strategies
Distribution Channels
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
15. Financial Management
• S & P Sri Lanka 20 Index
• Total Return Index
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
16. Human Resource Management
o Facts to be considered when planning human resource
o Steps of human resource planning
o Forecasting human resource demand
o Analyzing existing human resource
o Planning internal supply of employees
o Planning external supply of employees
Job designing
Job analysis
Selection
- Knowledge
- Attitudes
- Skills
- IQ tests
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
- Personality tests
- Practical tests
- Medical tests
- Background tests
Evaluation criteria of human resource management functions
Labour turnover • Absenteeism • Labour productivity • Industrial relations
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
17. Information Systems
Classification of information systems
o According to the usage
o According to the management function
Information systems according to the level of usage
o Strategic level
o Management level
o Knowledge level
o Operational level
o Transactions Processing Systems (TPS)
o Knowledge Work Systems (KWS)
o Office Automation Systems (OAS)
o Business Intelligence Systems (BIS)
o Management Information System (MIS)
o Decision Support Systems (DSS)
o Executive Support Systems (ESS)
Imperial College of Business Studies Ruwani Perera, B.Sc. Accounting (Sp.), CIMA (UK)
18. Business Plan
o Front page
o Executive summary
o Marketing plan
o Operational plan