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3570341
Business Management SQA - Unit One
Descrição
Things I need to know for Unit One - Understanding Business
Sem etiquetas
understanding business
business
business management
sqa
Mapa Mental por
JonWaddell
, atualizado more than 1 year ago
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Criado por
JonWaddell
quase 9 anos atrás
13
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Resumo de Recurso
Business Management SQA - Unit One
Role of Business in society
Sectors of Industry
Primary, Secondary, Tertiary, Quaternary
Sectors of Economy
Public, Private, Third
Types of Organisations
PLC
LTD
Franchise
Multinational
Public Sector
Third Sector
Objectives
Private
Maximise Profit
Market Leader
Customer Service
Survival
Market Share
Growth
Social Responsibility
Public
Create Employnment
Make best use of funds avaliable
locates in regions where there is underdevelopment
provide services for the community
Time
Voluntary
Raise Funds for people in need
Improve lives of those in need
Improve Machinery
Maxamise Donations
Raise Awareness
Methods of Growth
Internal Growth
Open a new branch
Take on more workers
Increase machinery/equiptment
Increase product range
External Growth
Horizontal Interogation
Backward Verticle
Forward Verticle
Conglomerate Interogtion (diversification)
Demerger
Disinvestment
Downsizing
Outsourcing
External factors
Political
Economic
Environmental
Social
Technological
Competitive
Internal Factors
Staffing
Finance
Technology
Corporate Culture
Business Structure
Organisational Structure
Tall
Flat
Span of Control
Wide
Narrow
Chain of command
Long
Short
Organisational Relations
Line
Lateral
Formal Structure
Informal Structure
Matrix Structure
Entrepreneurial Structure
Centralised Structure
Decentralised Structure
GROUPINGS
Functional
Product/Service
Customer
Place/Territory
Line
Staff
Technological
Stakeholders
Conflict
Customers > Owners
Government > Owner
Customers > Employees
Interdependence
Manufcaturers/Suppliers need someone to buy & sell their product
Retailers need suppliers to give them goods
Resolution has to be found to balance interest & influence
Employees
Owner
Supplier
Customer
Lender
Government
Community
Decision Making
Strategic
Tactical
Operational
SWOT Analysis
PEST Analysis
Factors affecting decisions
Time
Money
Staff Skills
Company Policy
Decision Making
Avalibility/Quality of Info
Manager
Role
Plans
Communicates
Organises
Oversees work of departments
Commands
Coordinates
Controls
Delegates
Monitors + Controls
Motivates
Decision Making
Qualities
Communication
Leadership
Good Judgement
Initiative
Organisational
Motivaitional
Planning
Innovation
Maturity
Numeracy
Stress Handling
Finance
Long
Mortgage
Capital
Venture Capital
Debenture
Short
Bank Overdraft
Debt Factoring
Trade Credit
Medium
Bank Loan
Hire Purchase
Assistance
Bank Manager
Lawyer
EU
Prince's trust
Local Businesses
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