About this course
Business and Technology will teach you how businesses operate effectively, efficiently and ethically and will show the critical role finance professionals play in achieving this. You'll understand business in the context of its environment, including economic, legal and regulatory influences on aspects like governance, employment, health and safety, data protection and security.
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Intro to Tutor
Intro to BT
Detail Course Plan
Exam Format
Online Class Methodology
Intro to Business
Intro to Organization
Purpose of Organization
Types of Organizations
Sectors/Industries
Types of Structures:
Entrepreneur
Functional
Divisional
Matrix
Boundary less Structures:
Hollow
Virtual
Modular
Management Concepts
Centralization & Decentralization
Outsourcing/Offshoring
Share Service Approach
Level of Strategy
Role of Departments
Marketing
4Ps
Marketing
Pricing, Promotion & Place
3Ps
Marketing Process
Exam Format
Important Tips
CH#1 Practice
Intro to Cuture
Factors Shaping Culture
Writers on Culture
Hofstede Culture Dimensions
Formal & Informal Organisation
Intro to Information
Data & Information
IT & IS
Types of Systems
TPS, MIS, DSS & EIS
Database
Spread Sheet
Accounting Packages
Big Data
Cloud Computing
Artificial Intelligence (AI)
Blockchain Technology
Cyber Security
Definition of Stakeholders
Types of Stakeholders
Stakeholders Conflicts
Mendelow Matrix
External Factors Analysis
Intro to PESTEL
Analysis of POLITICAL Factors
Legal Factors
Data Security & Protection
Intro to Economics
Micro & Macro Economics
Demand
Conditions of Demands
Elasticity of Demand
PED
Factors Affecting PED
XED
Supply
Equilibrium
Cost Behaviour
Types of Markets
Intro to Macro Economics
Aggregate Demand
Trade Cycle
Economic Growth
Low Inflation
Low Unemployment
Balance of Payments
Fiscal Policy
Monetary Policy
Economics Theories
How to Achieve Macro Economics Objectives:
1. Economic growth
2. Low Inflation
3. High Employment
4. Sustainable BOP
Social Factors
Environmental Factors
Technological Factors
Intro to Competitive factors
Industry Analysis
Porter's Five Forces
Porter Generic Strategies
1. Cost Leadership
2. Differentiation
3. Focus
Porter Value Chain Assessment to gain Competitive Advantage
SWOT Model for Corporate Appraisal
Intro to Ethics
Importance of Ethics in Business
Ethical Dilemmas
Approaches to Ethics
Benefits of Ethical Business
Intro to Corporate Governance
Agency Relation, Agency Problem & Agency Costs
Executive Directors
Non-Executive Directors
Role of Committees:
Audit Committee
Remuneration Committee
Nomination Committee
Corporate Governance Codes:
Role of Chairman
CEO
Intro to CSR
Benefits of CSR
Committee
Advantages & Disadvantages
Role of Chairman & Secretary
Role of IASB
Role of Financial Accounting in Business
Finance Functions
Working Capital Management
Sources of Finance
Taxation
Sales System
Purchase System
Payroll System
Cash System
Inventory System
Accounting & Finance Relation with:
Purchase
Marketing
Production
Service
Internal Control Systems (ICS)
5 Components of ICS
Financial & Operational Control
IT & Control
Internal & External Audit
Differences
ICS and Internal & External Auditor Role
Prerequisites of Fraud
Reasons of Frauds
Fraudulent Reporting
Window Dressing
Creative Accounting
Money Laundering Offences & Stages
Fraud Implications on Business
How to prevent & detect fraud
Intro to Leadership, Management & Supervision
Authority, Power & Responsibilities
Types of Power
Theories of Management
Classic Theories:
Fayol & Taylor
Modern Writers
Drucker & Mintzberg
Leadership Theories
1. Trait Theory
2. Style Theories
3. Approaches to Leadership
Individuals Behaviour in Organisations
Role Theory
Difference Between Group & Team
Belbin Team Role Theory
Tuckman Stages of Group
Effective Team
Measuring Team Effectiveness
𝐌𝐨𝐭𝐢𝐯𝐚𝐭𝐢𝐨𝐧 𝐓𝐡𝐞𝐨𝐫𝐢𝐞𝐬
Masclow Hierarchy of Needs
Herzberg's Two Factor Thoeries
Mcgroger's Theory X & Y
Reward & Incentives
Reward System
Learning Importance
Learning Stages
Learning Styles
Training Process
Assessment Criteria
Performance Assessment Process
Assessment Purposes for Employer & Employees
Barriers to Effective Appraisal
Benefits of effective Appraisal
Measuring Effectiveness of Appraisal Process
Time Management Techniques
Role of IT in Time Management
Competency frame work
Mentoring, Coaching & Counselling
Personal Development Plan
Conflict Types
How to Avoid Conflicts
How to Manage Conflicts
Communication Types
Formal Communication
Informal Communication
Effective & Ineffective Communication
Barriers to Communication
Communication Patterns
