A good way to study Business Studies (2 Viewers)

[goan_crazy]

A good way to study

We do this in the legal forum and it's pretty helpful

Heres how it works...

one person asks a question then the next person posts the answer and a new question for the next person to answer and so on....

ok ill start:
Question: What is marketing?

 

[PuGgSwORThiNGTo]

Marketing

Marketing is a system of business activities designed to plan, price promote and distribute want satifying products, services and ideas to customers in order to achieve business objectives.

What is the product orientation of marketing?

 

[goan_crazy]

Marketing is a system of business activities designed to plan, price promote and distribute want satifying products, services and ideas to customers in order to achieve business objectives.

What is the product orientation of marketing?

well done PuGgSwORThiNGTo. i like that definition, thats similar to my defn.

production orientation:
Heavy consumer demand
Emphasis on quantity and reducing costs
Focus on improving efficiency and production process
occured from 1900s to 1930s

next question:
what is Employment relations?

 

[Alvinate7]

ER is the management of the total relationship between the employer and employee. I think. lol. Am I right?? I havent looked into my book

What are the different types of industrial actions, giving examples of both actions taken by the employer and the employee.

 

[goan_crazy]

ER is the management of the total relationship between the employer and employee. I think. lol. Am I right?? I havent looked into my book

What are the different types of industrial actions, giving examples of both actions taken by the employer and the employee.

yep ur right
the different types of industrial actions are overt and covert
Examples include lockouts, pickets, strikes, bans & work-to-rules.
overt is open and obvious and covert is disguised or less open
Examples includeabsenteeism, sabotage, staff turnover & exclusion from decision making

Next question:
Name the five stakeholders in ER

 

[karpov]

1. Employees
2. Employers
3. Trade unions
4. Employer groups/associations
5. Government organisations

What are the methods of solving ER conflicts?

 

[goan_crazy]

1. Employees
2. Employers
3. Trade unions
4. Employer groups/associations
5. Government organisations

What are the methods of solving ER conflicts?

negotiaton
mediation
conciliation
arbitration
common law
business closure

next question: What are the three perspectives of conflict?

 

[Danni07]

Ok, was I hallucinating, or was there one of these in every topic of the HSC advice line thingys specific to each different module?

 

[exa_boi87]

there was .. not sure what happened ...

Unitary - workers and employers have a common goal, breach of this is seen as disloyalty
Traditional - conflict is seen as negative for the business' image and management must resolve
Interactionist - conflict seen as a means of determining problems within a business ??

Describe 3 ethical/legal considerations when developing and implementing a marketing plan

 

[angles_eyes696]

green marketing
impact of retail development
implied conditions

(i think i am wrong)

 

[PuGgSwORThiNGTo]

Describe 3 ethical/legal considerations when developing and implementing a marketing plan

Environmentally responsible products
Creation of needs - Planned obsolence
Impacts on retail developments

What is the role of employer associations and unions?

 

[Adimus]

depends..

in a centralised system unions have a large role. They negotiate and represent employees, and assist in collective bargaining (certified agreements), and AWA's.

Employer associations obviousely represent employers

however under a decentralised system there is little role of Unions and, largely left up to the bargaining power of employees and employers.



What are the main ways businesses can expand overseas?

 

[Adimus]

Quote "Unitary - workers and employers have a common goal, breach of this is seen as disloyalty
Traditional - conflict is seen as negative for the business' image and management must resolve
Interactionist - conflict seen as a means of determining problems within a business ??
"


sorry, i believe that is wrong.

Unitary: no fundemental conflict between employyees and employer. However if there is a problem it is seen as due to bad communication and bad management

Plurist: conflict is seen as inevitable, and is managed with the help of unions and outside help

Radical: workers and employers are seen to be working against eachother

 

[goan_crazy]

yes thats right.
1. Unitary
2. Pluralist
3. Radical

Next question: What are the 5 objectives of financial planning and explain each