Management Notes Defining the Manager’s Terrain : Managers are responsible for (A) PLANNING‚ (B) ORGANIZING‚ (C) LEADING & (D) CONTROLLING. (Efficiency vs. Effectively) Questions arise: What is a manager’s role? His/her constrains? What about the global environment…affects duty? How can a manager be ethically and socially responsible? Managers are everywhere - in all business settings – ages between 18 and 80-years-old. Eg. Brain Scudmore [Canadian company 1-800-JUNK] copied the Fed Ex model
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Of Studies By Francis Bacon Francis Bacon * English statesman‚ philosopher‚ scientist‚ lawyer‚ jurist‚ and author. * The Baconian Method * Allegedly‚ he was: * Gay * Royalty * Shakespeare Vocabulary * Sloth * Affectation * Proyning * Contemn * Confer * Confute * Wholly * Deputy * Meaner * Stond * Impediment * Wrought * Apt * Flashy 1. What do you call a person who- a. indulges in sloth b. exhibits
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A. Purpose & rationale of the course 1.1 Introduction: Introducing you to the purpose of guidance and counselling and life skills in order to make education relevant to learners to fulfil their needs and expectations. 1.2 Support Base: Learners are faced with problems – major/minor – they need help dealing with them. May not be able to avoid pitfalls of problem situations if they are not given the proper support & guidance. Guidance‚ counselling & development of life
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info Key: Big Blue Heading = syllabus italics Underlined blue = syllabus points Underlines Light blues = syllabus sub h Light blues = headings Bold Purple = definitions Normal = general info Operations Notes Role of Operations Management Operations refers to the business processes that involve transformation or‚ more generally – ‘production’ Combining aspects of the following: * The production of goods and services * The production controls and associated quality controls
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MUSB 2301 Intro to the Music Business Study Guide for exam no. 3 Chapter 7: Music Licensing Compulsory Mechanical Licenses Why compulsory 4 requirements for compulsory licenses The song is a non-dramatic musical work It has been previously recorded The recording has been publicly distributed in phonorecords Your use of the recording is in phono-records only When to notify author regarding a compulsory license Notify copyright holder within 30 days after making the recording
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Definition for Business Ethics Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world‚ the organization’s culture sets standards for determining the difference between good and bad decision making and behavior. In the most basic terms‚ a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right. The phrase ’business ethics’ can
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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
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Unit 1 Business- Revision * Enterprise- The ability to handle uncertainty and deal efficiently with change. * Entrepreneur- someone who has a flair for business ideas and has the confidence to take the risks involved in setting up a business. * Successful entrepreneurs: * Passion * Motivate people around them * Determined to succeed * Self-belief * Common characteristics of successful entrepreneurs: * Self-confidence- believe in your ideas;
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calculates how much NP is made (for every $1 of sales) after expenses have been paid. For example A result of 25% means that for every $1 of sales revenue‚ $0.25 has been made in NP. In order to analyse: The NP margin reflects the expenses of a business. A low or declining NP margin (especially when the GP is relatively high) suggests excessive costs. A high NP margin suggests low costs/expenses and sound financial management. A low or declining NP margin suggests that expenses should be examined
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Unit 1.2 : Types of Organization Private Sector Public Sector - Comprises privately owned businesses - Run and owned
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