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Chapter 1 : Business and its Environment
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1.1 Enterprise
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1.1.1 The nature of business activity
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1.1.2 The role of enterpreneurs and intrapreneurs
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1.1.3 Business Plans
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1.2 Business Structure
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1.2.1 Economic Sectors
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1.2.2 Business Ownership
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1.3 Size of Business
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1.3.1 Measurements of Business Size
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1.3.2 Significance of small businesses
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1.3.3 Business growth
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1.4 Business Objectives
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1.4.1 Business Objectives in the Private and Public Sectors
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1.4.2 Objectives and business decisions
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1.5 Stakeholders in a business
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1.5.1 Business Stakeholders
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1.5.2 The relative importance and influence of stakeholders
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Chapter 2 : Human Resource Management
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2.1 Human Resource Management (HRM)
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2.1.1 Purpose and roles of HRM
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2.1.2 Workforce planning
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2.1.3 Recruitment and selection
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2.1.4 Redundancy and dismissal
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2.1.5 Morale and welfare
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2.1.6 Training and Development
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2.1.7 Management and Workforce Relations
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2.2 Motivation
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2.2.1 Motivation as a tool of management and leadership
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2.2.2 Human needs
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2.2.3 Motivation theories
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2.2.4 Motivation methods in practice financial motivators non-financial motivators
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2.3 Management
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2.3.1 Management and Managers
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Chapter 3 : Marketing
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3.1 The Nature of Marketing
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3.1.1 The role of marketing and its relationship with other business activities
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3.1.2 Demand and supply
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3.1.3 Markets
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3.1.4 Consumer and Industrial Marketing
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3.1.5 Mass marketing and niche marketing
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3.1.6 Market segmentation
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3.1.7 Customer Relationship Marketing (CRM)
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3.2 Market Research
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3.2.1 The Purposes of Market Research
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3.2.2 Primary and Secondary Research
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3.2.3 Sampling
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3.2.4 Market research data
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3.3 The Marketing Mix
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3.3.1 The elements of the marketing mix (the 4Ps)
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3.3.2 Product
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3.3.3 Product Portfolio Analysis
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3.3.4 Pricing methods
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3.3.5 Promotion Methods
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3.3.6 Place (channels of distribution)
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Chapter 4 : Operations Management
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4.1 The Nature of Operations
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4.1.1 The transformational process
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4.1.2 Efficiency, effectiveness, productivity and sustainability
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4.1.3 Capital intensive and labour intensive operations
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4.1.4 Operations methods- job, batch, flow, mass
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4.2 Inventory Management
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4.2.1 Managing inventory
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4.2.2 Just in Time (JIT)
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4.3 Capacity Utilisation and Outsourcing
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4.3.1 Significance and measurement of capacity utilisation
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4.3.2 Outsourcing
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Chapter 5 : Finance and Accounting
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5.1 Business Finance
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5.1.1 The need for business finance
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5.1.2 Working capital
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5.2 Sources of finance
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5.2.1 Business ownership and sources of finance
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5.2.2 Internal and external sources of finance
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5.2.3 Factors affecting the sources of finance
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5.2.4 Selecting the source of finance
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5.3 Forecasting and managing cash flows
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5.3.1 Cash flow forecasts
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5.4 Costs
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5.4.1 Cost information
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5.4.2 Approaches to costing- full, contribution
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5.4.3 Uses of cost information
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5.4.4 Break-even analysis
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5.5 Budgets
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5.5.1 The meaning and purpose of budgets
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5.5.2 Variances