Short management trainings for local economies

By the end of the respective session participants will be able to understand

Marketing:

• modern marketing concept and the importance of marketing
• key components of the marketing concept
• marketing practices

Cost/ price calculation:

• how to identify cost components
• how to systemize costs
• how to calculate costs (variable, fixed, total cost per unit)
• how cost calculation improves business

Bookkeeping:

• the principles of business record keeping
• profit and loss statement preparation
• preparation of balance sheets
• stock control
• how to analyses business performance on the base of the record

Material management:

• how to purchase materials with low cost
• how to store materials in accordance with purchasing the demanded product amount
• how to maintain the continuity of supply
• how to minimize the material waste in the production process

Tendering:

• the procedure of the tendering process according to Ethiopian Law
• what actions to take before receiving the tender document
• calculating unit prices and bill of quantities