Taxation
Taxation
Explain the purposes of taxation
Mention the principle of taxation
Identify types of taxation (direct and indirect)
Distinguish between the different systems of taxation
Define progressive, proportional and regressive taxation
Describe the advantages and disadvantages of Direct and indirect Tax
Insurance
Insurance
Describe the historical development of Insurance
Discuss the need for insurance
Point out the basic terms applied in insurance
Mention the general principles of insurance
Explain the meaning of indemnity insurable interest, utmost good faith subrogation, doctrine of proximate cause
Identify types of insurance policies
Explain the procedures for taking insurance
Show how insurance companies make profit
Business Units
Business Units
Explain the term business units
Define the following business units: Sole trading; Partnership; Joint stock company; Public enterprise parastatals; Cooperative organization
Point out how each business units is formed and organized
Indicate the advantages and disadvantages of business units
Mention the importance of business units in commerce
Management And Organizations
Management and Organization
Explain the meaning and importance of management
Discuss the historical evolution of management
Explain the following functions of management: Planning; Organization; Staffing; Direction; Control and Coordination
Principles of Organization
Explain the Line of authority
Explain Simple, plain and elaborate organization
Explain the Unity – chain of command
Explain the Responsibility
Explain the Equity treatment
Explain the Measurement of effectiveness
Explain the Span of control
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