Insurance, National policies, GNP growth rate and prediction. Balance of payments, legal liabilities under company law, legal and contractual obligations to employees and the public, contractual obligations.
Organization Management: Principles of organization, span of control. Elements of organization. Types. Principles of management. School of thought. Management objectives. Financial Management – Accounting methods. Financial statement. Element of costing. Cost, planning and control. Budget and budgetary control. Cost reduction programmes. Depreciation accounting, valuation of assets.
Personnel Management – Selection, recruitment and training. Job evaluation. Merit rating. Incentive schemes. Trade unions and collective bargaining.
Industrial psychology – Individual and Group behaviour. The learning process. Motivation and morale. Influence of the Industrial Environment.
- Lecturer: Engr. Emifoniye Ufuoma