TOPIC 1 SCM AND PURCHASING FUNCTION Introduction: Definitions: Procurement: The term procurement is defined as the acquisition of merchandise or services at the optimum possible total cost in the correct amount and quality. These goods and services are also purchased Read More …
Day: June 8, 2022
TOPIC 1 SCM AND PURCHASING FUNCTION
THE LAW OF PROPERTY NOTES
THE LAW OF PROPERTY This is the law concerned with the bundle of rights a person may have on land. Such rights may be exclusive or otherwise. Property law defines the range of functions a person may exercise in a Read More …
THE COURT SYSTEMS NOTES
THE COURT SYSTEMS ESTABLISHMENT, STRUCTURE, COMPOSITION AND JURISDICTION OF COURTS The Courts operate two levels: Superior Courts and Subordinate Courts. The important aspects in the Structure of Courts are: The structure – The hierarchy or levels of Courts. Establishment – Read More …
NATURE AND CLASSIFICATION OF LAW NOTES
NATURE AND CLASSIFICATION OF LAW The term “law” has no assigned meaning. It is used in a variety of senses. The study of law is referred to as jurisprudence or legal philosophy. According to Hart Law is a coercive instrument Read More …
LAW OF TORT NOTES
LAW OF TORT Introduction Tort is a civil wrong which according to Sir F. Pollock defined as; an act which causes harm to a determinate person whether intentionally or not, not being a breach of a duty arising out of Read More …
LAW OF CONTRACT NOTES
LAW OF CONTRACT A contract is an agreement between two parties with the intention to create legal relations. ESSENTIALS ELEMENTS OF A VALID CONTRACT Offer and acceptance Consideration Intention to create legal relations Capacity of the parties Lawful objects Free Read More …
ELEMENTS OF LAW KNEC NOTES
LAW OF CONTRACT NOTES LAW OF TORT NOTES NATURE AND CLASSIFICATION OF LAW NOTES THE COURT SYSTEMS NOTES THE LAW OF PROPERTY NOTES
Cost Accounting Mount Kenya University (MKU) Notes
INTRODUCTION TO COST ACCOUNTING Purpose The main object of this lesson is to introduce the learner to cost accounting; uses of cost information; cost concepts and the differences between cost accounting and financial accounting Specific Objectives By the end of Read More …
PLC, DIVERSIFICATIONS, INNOVATIONS, PRODUCT REENGINEERING NOTES
For the purpose of this chapter, PLC will be taken to mean product life cycle, and product and service will be used interchangeably. Many will be familiar with this timeless model which not only describes the stages in the sales Read More …
IDENTIFYING STRATEGIC ISSUES NOTES
To survive or prosper in the global business environment, a firm must be skilful in how it applies its strategies to compete globally. Although global competitive strategies are imperative for firms operating in multiple countries, the solely domestic firm must Read More …