Businesses are often referred to as organizations.  An organization is a body that is set up to meet needs.  Organizations satisfy needs by providing people with goods and services.  All organizations will have a formal structure which will be organized by function, product / activity, area, customer or process Business organizations will operate in a certain economic system. Various groups of people have interest in business (stakeholders). The business organization not only operates in an internal environment, but also an external environment, which is examined by a PEST analysis (Political, economic, social and technological factors).

MODULES

• The economy & the business context
• Objectives of business organizations
• Forms & features of business organizations
• The basic elements of business finance
• Business planning
• The structure of a business organization
• Different types of employment arrangements
• Rights & responsibilities of employers & employees
• The influences of the environment on the business
• Nature of markets & market objectives
• Customer service

INTERNATIONAL EXAMINATIONS
Students have the option to write the University of Cambridge International examinations for this module at either Standard or Advanced Level. Upon successful completion of the international exam, students will be awarded the Cambridge International Certificate in Business Organisation and Environment Management.

LOCAL EXAMINATIONS
Should the student just enroll for Business Organisation and Environment, a certificate for Business Organisation and Environment will be awarded.
Two tests and one exam is written for this module and an Assignment has to be completed.
Pass mark is 60%