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MNB1501 - Business Management 1A

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

By: Sean Talbot
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Decks in this class (10)

CH 1: Introduction to Business Management
Demonstrate an understanding of the role of business in society and the position of business management in the world.
5  cards
CH 2: Entrepreneurship
Explain the concept of entrepreneurship.
9  cards
CH 3: Establishing A Business
 The importance of geographical location for the success of a business  The legal forms of ownership in South Africa  Developing the business plan for the new venture
9  cards
CH 4: The Business Environment
-The business and environmental change -The composition of the business environment -The micro-environment -The market or task environment -The macro-environment -Environmental scanning
6  cards
CH 5: Corporate Social Responsibility
Corporate social responsibility, corporate citizenship, triple bottom line, citizenship imperative, stakeholder mapping, stakeholder engagement, corporate governance, business case for implementing CSR, sustainable development
9  cards
CH 6: Intoduction to general Management
Contents of the learning unit: 1. The role of management 2. A definition of management 3. The different levels and functional areas of management in businesses 4. Skills at different managerial levels and the roles of managers 5. Development of management theory
6  cards
CH 7: Planning
Goal, management (top, middle and lower), goal-setting by management, planning process, strategic goals, functional (tactical) goals, operational goals, hierarchical approach, development of plans, management by objectives (MBO)
10  cards
CH 8: Organising
Importance of organising, mechanisms, structure, fundamentals of organising, specialisation, departmentalisation, responsibility & authority, centralised & decentralised, authority relations, span of control, informal organisation
7  cards
CH 9: Leading
Nature of leadership, leadership characteristics, leadership, authority, leadership models, Maslow’s theory, components of leadership task, factors influencing power, motivation, kinds of groups, communication.
13  cards
CH 10: Controlling
When you have worked through learning unit 10, you should be able to 1. Analyse control as a management task by (a) explaining the task of control and its purpose and (b) describing how a control process should function 2. Illustrate how the task of control forms an integral part of the planning process 3. Explain the various types of control 4. Discuss the characteristics of an effective control system 5. Describe how the control process provides feedback for the revision of pl
6  cards

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MNB1501 - Business Management 1A

  • Class purpose General learning

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