Loans that Change Lives
In a period of limited worldwide economic growth, the fact remains that the wealthiest fifth of
the worlds population consume 86 per cent of all goods and services, whilst approximately
half the population - over
What is planning?
A process that helps managers set objectives
for the future and map out the activities and
means that will make it possible to achieve
What is formal planning?
A system designed to identify objectives and
STAGES OF DECISION MAKING
1. Identify and diagnosing the problems
Requires committing resources to improve company performance
When performance is below expected or desired levels of performance
The first thing one has to do is to
Name(s) of academic staff: Liew Peh Ting, Cherish
Rationale for the inclusion of the course/module in the programme:
The aims of this course are to enable students to:
1. Understand of the managerial structure of the business organisation and comprehe
Directive: The group leader solves the problem, using the information he
possesses. He/she does not consult with anyone else nor seek information in any
form. This style assumes that the leader has sufficient information to examine all
the relevant optio
WHAT YOU SHOULD DO?
Make sure you have submitted the group
Put name tag for everybody (clear and can be see
Please make sure that all your group members are
You will be assess using ru
Definition of business ethics?
Standards or guidelines for the conduct
and decision making of employees and
4 Ethical criteria?
Personal self-interests should be pro