1
Q
examples of contemporary businesses
A
wesfarmers, body shop and yakult
2
Q
what is wesfarmers
A
Wesfarmers is a large Australian Public
Company that owns a range of
businesses such as Bunnings, Coles,
Kmart and Woolworths. Wesfarmer’s
CEO, is Rob Scott and the group employs
approximately 107,000
3
Q
what is the body shop
A
The Body Shop is a global beauty brand founded in 1976 by Anita Roddick, known for its ethical and sustainable approach to beauty products, with over 10,000 employees globally
Busman exam
flashcards
Decks in class (36)
# Cards
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1.2 Business objectives9
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1.1 types of businesses12
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1.3 stakeholders7
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1.4a management styles16
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1.5 corporate culture3
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Managing employees27
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HRM + Motivation theories1
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Motivation stratergies25
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Training options12
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Performance management strategies18
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Termination management18
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Workplace relations22
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3.1 - relationship between operations management and business objectives11
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3.2 - key elements of a operations system7
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3.3 manufacturing and service businesses13
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3.5 - materials management9
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3.6 - management of quality7
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3.7 - waste minimisation5
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3.8 - lean management8
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3.4 - technology strategies12
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3.10 - global considerations13
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contemporary business examples3
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3.9 - CSR and operations management12
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4.2 - The concept of change12
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4.3 - Key performance indicators18
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4.4 - Key principles of the force field analysis theory22
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4.5 - Porter's generic stratergies23
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4.2.1 - Importance of leadership3
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4.2.2 - Management strategies to respond to KPI’s and/or seek new business opportunities30
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4.2.3 - corporate culture and strategies to develop it8
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4.2.4 - Senge’s Learning Organisation18
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4.2.5 + 6 - Low and high risk strategies12
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4.2.7 Lewin’s 3 Step Change Model7
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4.2.8 - Stakeholders and Change12
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4.2.9 - Corporate Social Responsibility (General Considerations)9
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4.2.10 The importance of Reviewing Key Performance Indicators to evaluate change (Transformation)1
