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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>S1 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/</link><description>Recent content in S1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</guid><description>&lt;h3 class="heading" id="april-6-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 6, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-6-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="features-and-nature-of-business"&gt;
Features and Nature of Business&lt;span class="heading__anchor"&gt; &lt;a href="#features-and-nature-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Economic Activity.&lt;br&gt;
B) Continuous Activity.&lt;br&gt;
C) Profit Motive.&lt;br&gt;
D) Exchange of goods and services.&lt;br&gt;
E) Customer Orientation.&lt;br&gt;
F) Risk and Uncertainty.&lt;br&gt;
G) Legal and Ethical Compliance.&lt;br&gt;
H) Global.&lt;/p&gt;
&lt;h2 class="heading" id="concept"&gt;
Concept&lt;span class="heading__anchor"&gt; &lt;a href="#concept"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Value Creation.&lt;br&gt;
B) Profit.&lt;br&gt;
C) Social.&lt;br&gt;
D) Organised.&lt;br&gt;
E) Dynanic.&lt;/p&gt;
&lt;h2 class="heading" id="scope"&gt;
Scope&lt;span class="heading__anchor"&gt; &lt;a href="#scope"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-industry"&gt;
A) Industry&lt;span class="heading__anchor"&gt; &lt;a href="#a-industry"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Primary Industry: Extraction of raw material (agriculture, mining).&lt;/li&gt;
&lt;li&gt;Secondary Industry: Manufacturing.&lt;/li&gt;
&lt;li&gt;Tertiary Industry: Service (banking, insurance, transport, delivery)&lt;/li&gt;
&lt;li&gt;Quaternary Sector: Knowledge based services (IT, education/training)&lt;/li&gt;
&lt;li&gt;Quinary Sector: Services of leading roles (Government services, NGOs)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-commerce"&gt;
B) Commerce&lt;span class="heading__anchor"&gt; &lt;a href="#b-commerce"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Trade.&lt;/li&gt;
&lt;li&gt;Auxiliaries to Trade.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-modern-dimensions-of-business"&gt;
C) Modern Dimensions of Business&lt;span class="heading__anchor"&gt; &lt;a href="#c-modern-dimensions-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;E-Business.&lt;/li&gt;
&lt;li&gt;Green Business.&lt;/li&gt;
&lt;li&gt;Social Business.&lt;/li&gt;
&lt;li&gt;Global Business.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="business-as-a-system"&gt;
Business as a System&lt;span class="heading__anchor"&gt; &lt;a href="#business-as-a-system"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Interdependance.&lt;br&gt;
B) Input-Process-Output Model.&lt;br&gt;
C) Open System.&lt;br&gt;
D) Dynamic Nature.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="course-objectives"&gt;
Course Objectives&lt;span class="heading__anchor"&gt; &lt;a href="#course-objectives"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.&lt;br&gt;
B) Examine cost and revenue structures of firms.&lt;/p&gt;
&lt;h2 class="heading" id="definition-of-economics-by-various-individuals"&gt;
Definition of Economics by various individuals&lt;span class="heading__anchor"&gt; &lt;a href="#definition-of-economics-by-various-individuals"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Wealth Definition by Adam Smith.&lt;br&gt;
B) Welfare Definition by Alfred Marshall.&lt;br&gt;
C) Scarcity Definition by Robbins.&lt;br&gt;
D) Growth Defintion by Samuelson.&lt;/p&gt;
&lt;h2 class="heading" id="nature"&gt;
Nature&lt;span class="heading__anchor"&gt; &lt;a href="#nature"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-economics-as-a-science"&gt;
A) Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Positive (what is, based on data and logic)&lt;/li&gt;
&lt;li&gt;Normative (what ought to be, opinions, judgements)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-economics-as-an-art"&gt;
B) Economics as an Art&lt;span class="heading__anchor"&gt; &lt;a href="#b-economics-as-an-art"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Pure (what ought to be, ideals and goals)&lt;/li&gt;
&lt;li&gt;Applied (real world, how to implement)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="a-described-economics-as-a-science"&gt;
A) Described Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-described-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Focuses on laws and cause-and-effect relationships (e.g Law of Demand).&lt;/li&gt;
&lt;li&gt;Models to predict economic outcomes.&lt;/li&gt;
&lt;li&gt;Data analysis, observation, hypothesis.&lt;/li&gt;
&lt;li&gt;Real-world evidence.&lt;/li&gt;
&lt;li&gt;Deductive and Inductive reasoning.&lt;/li&gt;
&lt;/ol&gt;
&lt;ul&gt;
&lt;li&gt;Limitaion: Human behaviour involved.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class="heading" id="methods"&gt;
Methods&lt;span class="heading__anchor"&gt; &lt;a href="#methods"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Inductive (specific -&amp;gt; general).&lt;br&gt;
B) Deductive (general -&amp;gt; specific).&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="theories-on-the-origin-of-language"&gt;
Theories on the Origin of Language&lt;span class="heading__anchor"&gt; &lt;a href="#theories-on-the-origin-of-language"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="types-of-theories"&gt;
Types of Theories&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-theories"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;A) Divine.&lt;br&gt;
B) Bow-Bow.&lt;br&gt;
C) Pooh-Pooh.&lt;br&gt;
D) Ding-Dong.&lt;br&gt;
E) Gesture.&lt;br&gt;
F) Yo-He-Ho.&lt;br&gt;
G) Musical.&lt;br&gt;
H) Tool-Making.&lt;br&gt;
I) Evolutionary.&lt;br&gt;
J) Symbolic.&lt;br&gt;
K) Contemporary Perspective.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="characteristics-of-management"&gt;
Characteristics of Management&lt;span class="heading__anchor"&gt; &lt;a href="#characteristics-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Goal Oriented.&lt;br&gt;
B) Pervasive.&lt;br&gt;
C) Multidimentional:&lt;br&gt;
         (i) Management of People.&lt;br&gt;
         (ii) Management of Operations.&lt;br&gt;
D) Continuous.&lt;br&gt;
E) Dynamic.&lt;br&gt;
F) Group Activity.&lt;br&gt;
G) Intangible.&lt;/p&gt;
&lt;h2 class="heading" id="functions-of-management"&gt;
Functions of Management&lt;span class="heading__anchor"&gt; &lt;a href="#functions-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Planning.&lt;br&gt;
B) Organising.&lt;br&gt;
C) Staffing.&lt;br&gt;
D) Directing.&lt;br&gt;
E) Controlling.&lt;/p&gt;
&lt;h3 class="heading" id="a-planning"&gt;
A) Planning&lt;span class="heading__anchor"&gt; &lt;a href="#a-planning"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Determine the goals or mission of the organisation.&lt;/li&gt;
&lt;li&gt;Forecast future conditions.&lt;/li&gt;
&lt;li&gt;Select the best course of action.&lt;/li&gt;
&lt;li&gt;Formulate policies, procedures, budgets.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-organising"&gt;
B) Organising&lt;span class="heading__anchor"&gt; &lt;a href="#b-organising"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Identify and analyse activities required to be operated on.&lt;/li&gt;
&lt;li&gt;Group similar activities.&lt;/li&gt;
&lt;li&gt;Assign duties to individuals.&lt;/li&gt;
&lt;li&gt;Delegate authority and responsibility to the individuals in managerial roles.&lt;/li&gt;
&lt;li&gt;Establish and announce clear authority relationships to ensure coordination and control.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-staffing"&gt;
C) Staffing&lt;span class="heading__anchor"&gt; &lt;a href="#c-staffing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Recruitment and selection.&lt;/li&gt;
&lt;li&gt;Training.&lt;/li&gt;
&lt;li&gt;Performance appraisal.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-directing"&gt;
D) Directing&lt;span class="heading__anchor"&gt; &lt;a href="#d-directing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Leadership and supervision.&lt;/li&gt;
&lt;li&gt;Motivation.&lt;/li&gt;
&lt;li&gt;Communication.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-controlling"&gt;
E) Controlling&lt;span class="heading__anchor"&gt; &lt;a href="#e-controlling"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Establish performance standards.&lt;/li&gt;
&lt;li&gt;Measure performance.&lt;/li&gt;
&lt;li&gt;Compare performance with the standards.&lt;/li&gt;
&lt;li&gt;Identify reasons for deviations.&lt;/li&gt;
&lt;li&gt;Implement corrective actions.&lt;/li&gt;
&lt;li&gt;Use feedback to evaluate performance improvement.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="significance-of-management"&gt;
Significance of Management&lt;span class="heading__anchor"&gt; &lt;a href="#significance-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Optimum unilization of resources.&lt;br&gt;
B) Minimisation of costs.&lt;br&gt;
C) Achievement of group goals.&lt;br&gt;
D) Organisational stability.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="primary-sector"&gt;
Primary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#primary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.&lt;/p&gt;
&lt;h2 class="heading" id="secondary-sector"&gt;
Secondary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#secondary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-utility"&gt;
Types of Utility&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Form Utility&lt;br&gt;
B) Place&lt;br&gt;
C) Time&lt;br&gt;
D) Possession&lt;/p&gt;
&lt;h2 class="heading" id="law-of-deminishing-marginal-utility"&gt;
Law of Deminishing Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-deminishing-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-equi-marginal-utility"&gt;
Law of Equi-Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-equi-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-demand"&gt;
Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Price and Quantity demanded for a product is inversely related.&lt;/p&gt;
&lt;h2 class="heading" id="exceptions-of-law-of-demand"&gt;
Exceptions of Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#exceptions-of-law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Assumption of increase in price.&lt;br&gt;
B) Status goods or Veblen goods.&lt;br&gt;
C) Giffen goods.&lt;br&gt;
D) War.&lt;br&gt;
E) Economic depression.
F) Essential goods.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="behaviors-of-managers"&gt;
Behaviors of Managers&lt;span class="heading__anchor"&gt; &lt;a href="#behaviors-of-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-coaching-managers"&gt;
A) Coaching managers&lt;span class="heading__anchor"&gt; &lt;a href="#a-coaching-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Educating every employee of the organisation.&lt;/li&gt;
&lt;li&gt;Looking after the long-term professional development of their employees.&lt;/li&gt;
&lt;li&gt;Bringing the team together whilst also evaluating each individual&amp;rsquo;s progress.&lt;/li&gt;
&lt;/ul&gt;
&lt;h3 class="heading" id="b-authoritative-managers"&gt;
B) Authoritative managers&lt;span class="heading__anchor"&gt; &lt;a href="#b-authoritative-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:&lt;/p&gt;</description></item></channel></rss>