CXC: Principles of Business (POB)

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About Course

SKILLS AND ABILITIES TO BE ASSESSED
The assessment will test the following skills and abilities:
1. Literacy and Numeracy/Communication
(a) jargon of the field, formulae, form and style relevant to the field, use of English;
(b) recall, select, and use business-related theories, principles, concepts and methods;
and,
(c) develop reasoned expositions on theories and policies used in accounting.
2. Critical thinking and problem solving
– identify and analyse problems and formulate solutions.
3. Interpretation
– interpret data and draw logical conclusions.
4. Research and statistics
(a) gathering relevant data; and,
(b) using appropriate strategies to present them.

ORGANISATION OF THE SYLLABUS
The syllabus is arranged in ten sections consisting of specific objectives and related content.
ORGANISATIONAL PRINCIPLES
SECTION 1 – THE NATURE OF BUSINESS
SECTION 2 – INTERNAL ORGANISATIONAL ENVIRONMENT
SECTION 3 – ESTABLISHING A BUSINESS
SECTION 4 – LEGAL ASPECTS OF BUSINESS
PROMOTION AND LOGISTICS
SECTION 5 – PRODUCTION
SECTION 6 – MARKETING
SECTION 7 – LOGISTICS AND SUPPLY CHAIN
FINANCE, GOVERNMENT AND TECHNOLOGY
SECTION 8 – BUSINESS FINANCE
SECTION 9 – ROLE OF GOVERNMENT IN AN ECONOMY
SECTION 10 – TECHNOLOGY AND THE GLOBAL BUSINESS ENVIRONMENT

 

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What Will You Learn?

  • To pass Paper 1 & 2.

Course Content

SECTION 1: THE NATURE OF BUSINESS (Part 1)
Explanation of the concept, advantages and disadvantages of barter.

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