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Old 19 Oct 2009, 10:08 AM   #16 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

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Business studies acronyms


Topic one – business management and change.

Management roles
→ Fayol = POLC
Plan
Organise
Lead
Control

→ Mintzberg = FILL-MIDS-NERDD
Figure head
Interpersonal
Liaison
Leader
-
Monitor
Informational
Disseminator
Spokesperson
-
Negotiator
Entrepreneur
Resource allocator
Decisional
Disturbance handler
Skills of management
→ STEPS-PVF
Self-managing
Teamwork
Ethical and high personal standards
People skills
Strategic thinking
-
Problem solving and decision making
Vision
Flexibility
Management theories
→ C-S = management = POC
→ Behavioural= management = LCM
→ political= sources of power = CLERR
Coercive
Legitimate
Exclusive
Reward
Referent
Managing change
Nature and sources of change
internal= Nathan Eats Noney Arse
New systems and procedures
E-commerce
New business cultures
Accelerated technology

external = Corey F.E.L.T Shueys Giant Penis
Changing nature of markets
Financial
Economic
Legal
Technological developments
Social
Geographical
Political
structural responses change = Oscars Films Suck Nuts
Outsourcing
Flat structures
Strategic alliances
Network structures

Reasons for resistance to changeClaire Is So Fugly
Cultural incompatibility in takeovers
Inertia of managers , owners
Staffing
Financial costs

Managing change effectivelyIs Steve Craving Cock
Identifying the need for change
Setting achievable goals
Creating culture of change
Change models


Change and social responsibility Tim’s Gut Quadruple Everyone Elses
Technology
Globalisation
Quality of working life.
Ecological sustainability
E-commerce

Topic 2 : financial planning and management


Objectives of financial managementPull Right L.E.G.
Profitability
Return of capital
Liquidity
Efficiency
Growth
The planning cycleADD Edible Children Fucking Irritate My Paedophile Mind
Overseas and domestic influences and trends in the financial market .
DomesticDanny Pulls Tim Frenchs Cock
Deregulation of financial markets
Privatization
Technology
Floatation exchange rate
Communication
Overseas → GT
Globalisation
Technology

Long term borrowingGuys Don’t Like Fat Milfs Vaginas .
Grants
Debentures
Leasing
Mortgages
Venture capital






Topic 3: marketing


Elements of a marketing plan: → S.E.I.D.I
Situational analysis
Establishing marketing objectives
Identifying target market
Developing marketing strategies
Implementation , monitoring and controlling


Types of markets → C.R.I.M.I.N.a .l.
Consumer
Resource
Industrial
Mass
Intermediate
Niche
Types of consumers → Robbo Contracts Herpes From Eating Gipples Penis

Religious organisations
Clubs and societies
Households
Firm
Educational institutions
Government
People
Factors influencing customer choice → P.E.G.S.
Psychological
Economic
Government
Socio-cultural

Developing market strategies → M.E 4 P
Marketing segmentation and product/service differentiation
Product
Place
Price
Promotion
Environmental effects on distribution


Pricing strategies/tacticsShane Loves Packing Poo
Skimming
Penetration
Loss leader
Price points

Topic 4 :Employment relations


Key influences on employment relations Nathan Loves Eating Scrotum
New organisation behavioural influences
Legal influences
Economic influences
Social influences



Costs and benefits of industrial conflict. → Brenden’s Penis Is So Friggen Puny
Benefits
Personal
International
Social
Financial
Political
Measures of effectivenessBren’s Dick Quadruple Arie’s Length
Benchmarking
Disputation
Quality
Absenteeism
Level of staff turn over


Dispute resolution processGood Nobs Make Cum After Comfortable Blowjobs
Grievance procedures
Negotiation
Mediation
Conciliation
Arbitration
Common law action
Business division/closure

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Old 19 Oct 2009, 11:44 AM   #17 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

roles of management

F or
L ong
L ife

M y
D ad
S ays

E at
D rink
R oot
N ow!
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Old 19 Oct 2009, 4:14 PM   #18 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

Here's an acronym:

People skills
Strategic thinking
Vision
Flexibility & adaptability to change
Self-managing
Teamwork
Complex problem solving & decision making
High personal and ethical standards

Remember it.
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Old 19 Oct 2009, 5:29 PM   #19 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

hey all
i gotta business studies hsc test tomorrow! and i dont no
flexibility and adaptability to change
self-managing
complex problem-solving
decision-making
pleas help me out asap!
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Old 19 Oct 2009, 7:28 PM   #20 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

VTEC-FukenSlutPleaseSuck

Last edited by mr2yen; 19 Oct 2009 at 7:58 PM.
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Old 19 Oct 2009, 8:24 PM   #21 (permalink)
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Re: BUSINESS STUDIES..acronyms for skills of management

Quote:
Originally Posted by sir-study-alot View Post
[center][center]Business studies

Topic 4 :Employment relations


Key influences on employment relations Nathan Loves Eating Scrotum
New organisation behavioural influences
Legal influences
Economic influences
Social influences



Costs and benefits of industrial conflict. → Brenden’s Penis Is So Friggen Puny
Benefits
Personal
International
Social
Financial
Political
Measures of effectivenessBren’s Dick Quadruple Arie’s Length
Benchmarking
Disputation
Quality
Absenteeism
Level of staff turn over


Dispute resolution processGood Nobs Make Cum After Comfortable Blowjobs
Grievance procedures
Negotiation
Mediation
Conciliation
Arbitration
Common law action
Business division/closure
LMAO

I love how non-sensical dirty acronyms are the easiest to remember+use
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