Acronyms ! (1 Viewer)

[sal17]

Help..business Studies Acronym For Managing Global Business

hey=] business studies students
does anyone know an acronym for all the dot points under MANAGING GLOBAL BUSINESS in globalisation or at least the financial dot point under managing global business

 

[Roga]

Re: Help..business Studies Acronym For Managing Global Business

hey=] business studies students
does anyone know an acronym for all the dot points under MANAGING GLOBAL BUSINESS in globalisation or at least the financial dot point under managing global business

Financial:
Credit risks
Hedging
Insurance
Derivatives
Obtaining finance
Methods of payments

Marketing:
Research of market
Global branding
Standardisation and differntiation

Operations:
Sourcing
Global web

Employment relations:
Labour law variations
Organisational structure
Shortage of skilled labour
Staffing
Ethnocentric/polycentric/geocentric staffing system
Minimum standards of labour

 

[sal17]

Re: Help..business Studies Acronym For Managing Global Business

thanks=]
do u any acronyms for nature and sources of change in business (EXTERNAL AND INTERNAL INFLUENCES) in topic 1

 

[kesh1]

Re: Help..business Studies Acronym For Managing Global Business

For external Sources of change in Topic Management and Change:

My GF SLEPT

My = Changing nature of Markets ( yeh... the y bit is a bit dodgy but if you remember the other one then it's obvious that will be changing markets)

G = Geographic
F= Financial

S=Social
L= Legal
E= Economic
P= Political
T= Technology impacts

Alternatively if the My thing is really hard to remember
Try
Chad Nature Murrays' GF SLEPT
CNM = Changing Nature of Market

INTERNAL=
NENE
N=New business culture
E= Ecommerce
N= New business practises
E= Effects of technology

Best of luck.

 

[van114]

Re: Help..business Studies Acronym For Managing Global Business

you could try for managing global business-
-marketing
"really good stuff'
and E.R.
"SMS LEO"

 

[russianROULETTE]

Re: Help..business Studies Acronym For Managing Global Business

Financial:
Credit risks
Hedging
Insurance
Derivatives
Obtaining finance
Methods of payments

To add to van's global business ones, i have an inappropriate one for finance: Crikey He Is Doing Our Mother

 

[kesh1]

Re: Help..business Studies Acronym For Managing Global Business

Acronyms for ER?
And the finacial planning cycle???

 

[russianROULETTE]

Re: Help..business Studies Acronym For Managing Global Business

Acronyms for ER?
And the finacial planning cycle???

financial planning cycle (a bit offensive but helps me remember)

ADD children fucking irritate my puny mind - ADDFIMPM

Addressing present financial position
Deterrmining financial elements of the business plan
Developing budgets
Cash flows
Financial reports
Interpretation
Maintaining record systems
Planning financial controls
Minimising financial risks

 

[dtmur]

Re: Help..business Studies Acronym For Managing Global Business

mental blank..

what does CERTA stand for, cant find it anywhere ?

 

[Rooy]

Re: Help..business Studies Acronym For Managing Global Business

mental blank..

what does CERTA stand for, cant find it anywhere ?

It is an agreement between Australia and New Zealand and it stands for:
C-Closer
E-Economic
R-Relation
T-Treaty
A-Agreement

Maybe you should listen to your friends!
ahahaha

 

[counterman]

Here are the few acronyms that I've used for Global Business:

GLOBAL BUSINESS STRATEGY

Methods of International Expansion:

Foreign direct investment
Export
Relocation of production
Management contract
Licensing/franchises

FERMAL (pronouced 'thermal')

Reasons for Expansion:

Diversification
Economies of scale
Minimise competitive risk
Increase sales/find new markets
Cushioning economic cycle
Regulatory differences
Acquire resources and have access to technology
Tax Minimisation

DEMICRAT (similar to democrat)

MANAGING GLOBAL BUSINESS

Financial

Hedging
Insurance
Derivatives
Credit risks
Obtaining finance
Methods of payment

HIDCOM