12_ABM_SPECIALIZED SUBJECTS

This course deals with the fundamental principles , tools , and techniques of the financial operation involved in the management of business enterprises. It covers the basic  framework and tools for financial analysis and financial planning and control , and introduces basic concepts and principles needed in making investments and financing decisions.  Introduction to investments and personal finance are also covered in the course . Using the dual learning approach of theory and application , each chapter and module engages the learners to explore all stages of the learning process from knowledge , analysis , evaluation , and application  to preparation and development of financial plans and programs suited for small business.

This course explains the basic principles of applied economics , and its application to contemporary economic issues , facing Filipino entrepreneur such as prices of commodities , minimum wage , rent  and taxes. It covers an analysis of industries , for identification of potential business opportunities . The main output of the course is the preparation of a socioeconomic impact study of a business venture.

Business Ethics and Social Responsibility deals with the core concepts, principles, and practices of ethical standards in the business environment. It is a combination of the theoretical foundations of setting up business enterprises with the conduct of entrepreneurial activities in the context of one’s accountability and social responsibility.

Specifically, the course aims to: (1) provide students with a basic understanding of the mechanisms whereby companies can be made to act in the best interest of shareholders, other stakeholders, and society as a whole; (2) provide students with knowledge of general ethical principles as applied to the special situations of business and the ability to make informed judgments through case analyses; and (3) equip students with the ability to formulate basic strategies in relation to corporate ethics and governance.

Fundamentals of Accountancy, Business and Management 2 deals with the preparation and analysis of financial statements of a service business and merchandising business using horizontal and vertical analyses and financial ratios. Knowledge and skills in the analysis of financial statements will aid the future entrepreneurs in making sound economic decisions.