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BUSINESS MANAGEMENT UNIT 3 & 4

This class was created by Brainscape user Tracey Schiavone. Visit their profile to learn more about the creator.

Decks in this class (17)

→types of businesses including sole traders, partnerships. privato imited companies, public isted companes social enterprises and government business enterprises
What is a sole trader,
What is a partnership,
What are private limited companies
9  cards
→business objectives including to make a profit, to increase market share to fulfil a market and/or social need and to meet shareholder expectations
What is a business objective,
Making a profit,
To increase market share
6  cards
→characteristics of stakeholders of businesses including their interests, potential conflicts between stakeholders, and corporate Social responsibility considerations
What is a stake holder,
What is an internal stakeholder,
Define an owner internal
25  cards
→areas that contribute to business objectives
What is the operation area respon...,
What is the finance area responsi...,
What is the human resource area r...
5  cards
→management styles including autocratic, persuasive, consultative, participative and laissez-faire
What is the autocratic management...,
What is the persuasive management...,
What is the consultative manageme...
6  cards
→the appropriateness of management styles in relation to the nature of task, time, experience of employees and detached key manager prefrence
What is the appropriateness of ma...,
What is the appropriateness of ma...,
What is the appropriateness of ma...
5  cards
→management skills including communicating, delegating planning, leading, decision-making and interpersonal
What is a management skill,
What is communicating in relation...,
What is delegating in relation to...
8  cards
→the relationship between management styles and management skills
What is the relationship between ...,
What are effectiveness and effici...
2  cards
→corporate culture both official and real and strategies for its development.
What is corporate culture,
What is official corporate culture,
What is real corporate culture
4  cards
task words
0  cards
UNIT 3 outcome 2 prep↓
0  cards
3 motivational theory's
0  cards
the relationship between managing employees and business objectives
Outline the relationship between ...
1  cards
4 motivational strategies
What is performance related pay,
What is career advancement,
What is an investment in training
5  cards
training options including on-the-job and off-the-job training, and the advantages and disadvantages of each
On the job training,
Off the job training
2  cards
termination management
What is redundancy,
What is retirement,
What is dismissal
6  cards
operations management
What is operation management,
What is a business objective,
What is the relationship between ...
37  cards

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BUSINESS MANAGEMENT UNIT 3 & 4

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