Environment of Business (MBA 802)

This is an introductory course which examines the nature and scope of business activities.

Topics include: the concept of business administration and its distinction from public administration; functional areas of business – finance, production, marketing etc; source of financing business activities; retail outlets and marketing channels; commercial documents; bills of exchange, and entrepreneurial development. The course explores environmental elements that affect business, its impact, SWOT and PESTL analysis, type of business organizations and strategies for sustainable development.