Business Operations Notes
10.1 HSC topic: Operations -> is about planning & controlling operations with the aim of minimizing cost, maximizing productivity, improving efficiency and achieving strategic business goals 25% of indicative time
The focus of this topic is the strategies for effective operations management in large businesses.
Outcomes
The student:
H1 critically analyses the role of business in Australia and globally
H2 evaluates management strategies in response to changes in internal and external influences
H3 discusses the social and ethical responsibilities of management
H4 analyses business functions and processes in large and global businesses
H5 explains management strategies and their impact on businesses
H6 evaluates the effectiveness of management in the performance of businesses
H7 plans and conducts investigations into contemporary business issues
H8 organises and evaluates information for actual and hypothetical business situations
H9 communicates business information, issues and concepts in appropriate formats
Content
Students learn to:
examine contemporary business issues to: discuss the balance between cost and quality in operations strategy examine the impact of globalisation on operations strategy identify the breadth of government policies that affect operations management explain why corporate social responsibility is a key concern in operations management
investigate aspects of business using hypothetical situations and actual business case studies to: describe the features of operations management for businesses in a tertiary industry assess the relationship between operations and the other key business functions in two actual businesses explain how operations strategy can help a business sustain its competitive advantage recommend possible operations strategies for one hypothetical business
Key Words: strategic, value adding, efficiency, transforming, affordability, ecologically sustainable,
The focus of this topic is the strategies for effective operations management in large businesses.
Outcomes
The student:
H1 critically analyses the role of business in Australia and globally
H2 evaluates management strategies in response to changes in internal and external influences
H3 discusses the social and ethical responsibilities of management
H4 analyses business functions and processes in large and global businesses
H5 explains management strategies and their impact on businesses
H6 evaluates the effectiveness of management in the performance of businesses
H7 plans and conducts investigations into contemporary business issues
H8 organises and evaluates information for actual and hypothetical business situations
H9 communicates business information, issues and concepts in appropriate formats
Content
Students learn to:
examine contemporary business issues to: discuss the balance between cost and quality in operations strategy examine the impact of globalisation on operations strategy identify the breadth of government policies that affect operations management explain why corporate social responsibility is a key concern in operations management
investigate aspects of business using hypothetical situations and actual business case studies to: describe the features of operations management for businesses in a tertiary industry assess the relationship between operations and the other key business functions in two actual businesses explain how operations strategy can help a business sustain its competitive advantage recommend possible operations strategies for one hypothetical business
Key Words: strategic, value adding, efficiency, transforming, affordability, ecologically sustainable,