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        • Nature of management
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        • Influences
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      • Introduction to Economics >
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      • H3: Equality and Difference
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TOPIC 2: BUSINESS MANAGEMENT

Nature of Management
Management Approaches
Management Process
Managing Change


Management process

Coordinating key business functions and resources

Operations
  • goods and/or services
  • the production process
  • quality management
Marketing
  • identification of the target market
  • marketing mix
Finance
  • cash flow statement
  • income statement
  • balance sheet
Human resources
  • recruitment
  • training
  • employment contracts
  • separation - voluntary/involuntary

Ethical business behaviour

LEARNING THROUGH APPLICATION

It is possible to complete this section of a syllabus with a fairly comprehensive project which also helps to prepare for TOPIC 3 - Business Planning.  An example is in the document below, with pages referring to the Business Studies in Action textbook, which students can use in conjunction with the resources below and their own research. This topic/project forms the foundation for the HSC topics too.

KEY BUSINESS FUNCTIONS

OPERATIONS

READ about Operations Management (MIT Management)

EXAMPLE: Brick Production

Production process

Picture
TASK: Complete the attached worksheet.  Once you have completed this activity for a bakery, do the same for a service based business of your choice.

Quality management

TASK: Design a quality management system for a service business of your choice.

MARKETING

Introduction

READ: The role of marketing in business (tutor2u) and Five functions that illustrate the importance of marketing (Chron).

TASK: Use Five functions that illustrate the importance of marketing to create a diagram of the interdependence of the key business functions with marketing in the middle.

Target market

The marketing mix

FINANCE

a_guide_to_understanding_cash_flow_statements.pdf
File Size: 39 kb
File Type: pdf
Download File


​HUMAN RESOURCES

Recruitment

READ: Recruitment (Business Queensland) and Proctor and Gamble's Hiring Process

​VIEW
: Untapped Potential's recruitment process:

Training

READ: Training Staff (Business Queensland)

Separation

VIEW: How people are fired in the movies (language warning).

​READ
: Employee termination types (Chron)

TASK: Complete this diagram with pictures or illustrations of your choice, HR Diagram 

Employment Contracts

READ: Information from the Fair Work Ombudsman:
  • Agreements
  • National Employment Standards​
Management and Change
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  • Home
  • About
    • About
    • Education Blog
    • Writing Blog
  • Case Studies
  • Courses
  • HSIE Resources
    • HSC Business Studies >
      • Operations >
        • Role of operations management
        • Influences
        • Processes (overview) >
          • Inputs
          • Transformation processes
          • Outputs
        • Strategies
      • Marketing >
        • Role of marketing
        • Influences
        • Process
        • Strategies
      • Finance >
        • Role of Financial Management
        • Influences
        • Processes
        • Strategies
      • Human Resources >
        • Role of human resource management
        • Influences
        • Processes
        • Strategies
        • Effectiveness
    • Preliminary Business Studies >
      • Nature of Business >
        • Role of business
        • Types of businesses
        • Influences
        • Business growth and decline
      • Business Management >
        • Nature of management
        • Management approaches
        • Management process
        • Management and change
      • Business Planning >
        • SMEs
        • Influences
        • Business Planning Process
        • Critical Issues
    • Economics >
      • Introduction to Economics >
        • The nature of economics
        • The operation of an economy
      • Consumers and Businesses >
        • Businesses
      • Markets >
        • Demand
        • Supply
        • Market equilibrium
        • Market structures
      • Labour Market >
        • Demand and supply of labour
        • Labour market trends
      • Economic Issues >
        • Economic growth
        • Unemployment
        • Inflation
        • External Stability
        • Distribution of Income and Wealth
        • Environmental Sustainability
    • Society and Culture >
      • Course Framework
      • Research Methods
      • P1: Social and Cultural World
      • P2 Personal and Social Identity
      • P3: Intercultural Communication
      • PIP
      • H1: Social and Cultural Continuity and Change
      • H2: Popular Culture - Social Media
      • H3: Equality and Difference
    • Geography (old syllabus) >
      • Coastal Management
      • Urban Growth and Decline
      • Human Rights
  • Contact