Friday, October 14, 2016

What is ABM?

What is ABM strand? 


The Accountancy,Business and Management(ABM) strand of the academic track of the Senior HighSchool(SHS) has nine specialization subjects, namely:
  • Applied Economics
  • Business Ethics and Social Responsiblity
  • Fundamentals of Accountancy,Business and Management(ABM)1
  • Fundamentals of Accountancy, Business and Management(ABM)2
  • Business Math
  • Business Finance
  • Organization and Management
  • Principles of Marketing
  • Work Immersion/Research/Career Advocacy/Culminating Activity
         It should be remembered that these subjects have different competencies and contents, which will be determined by the circumstances of the students, the school, and the Higher Education Institutions(HEIs), in which the students are most likely to enroll.
   As cited in https://en.wikipedia.org/wiki/Accounting_management , Accounting Management(Business) is the practical application of management techniques to control and report on the financial health of the organization. This involves the analysis, planning, implementation, and control of programs designed to provide financial data reporting for managerial decision making.
    The ABM strand tackles about Accounting, Business and Management.As cited in https://en.wikipedia.org/wiki/Accounting, accounting is the measurement,processing and communication of financial information about economic entitles, such as businesses and corporations.

Sources: en.wikipedia.org         
               http://www.philstar.com/campus/education/2014/06/19/1336428/abm-strand

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