It discusses levels of planning and differentiates between strategic, tactical and operational plans. CHAPTER 5 – PLANNING This chapter acquaints you with the definition and importance of planning. CHAPTER 4 – THEORIES OF MANAGEMENT This chapter discusses the nature, contributions and limitations of pre-scientific management, Scientific Management Theory, Weber‟s Theory of Bureaucracy, the Human Relations Theory, the Systems Theory and the Contingency Theory. In addition, it discusses management skills and the concept of the universality to management. It explains in a lucid way the concept of management process and, identifies and describes managerial roles. It enlightens the reader on the essential differences between the terms efficiency and effectiveness. CHAPTER 3 – PRINCIPLES OF MANAGEMENT This chapter defines management and gives an understanding of the purpose of management. Furthermore, it discusses business ethics as an emerging issue in business management.
It also gives readers an insight into social responsibility and its attendant issues. It helps the readers to understand the types of environment, environmental analysis and forecasting. It explains globalization and the factors influencing it. CHAPTER 2 – THE ENVIRONMENT OF BUSINESS This chapter explains the nature of the business environment and its component parts as well as discusses the importance of the business environment to a business enterprise. It further helps the readers to understand the various forms of business ownership as well as a selection of forms of business ownership. It gives clear understanding of how businesses can be classified explains the growth of business and why businesses fail. PREFACE CONTENTS CHAPTER 1 - NATURE OF BUSINESS This chapter deals with the definitive terms of business. Thanks.ĪCCOUNTING TECHNICIANS SCHEME (WEST AFRICA) All topics in the syllabus are covered but editing for necessary corrections is in progress.