BUSINESS STUDIES..acronyms for skills of management (1 Viewer)

[sal17]

any1 know any??

 

[vmoore]

i used to have a killer one... somehting bout NERD... but i forgot
(i did it last year - 94 baby!)
good luck!

actually... wat are the skills and i will prob be able to member it

 

[sal17]

lol thanks=] goodluck to u 2
congrats on ur mark, any tips on getting a band 6 for business..
the skills are
- people skills
- strategic thinking
- vision
- flexibility and adaptibility
- self management
- teamwork
- complex problem solving
- decision making
- ethical and personal standards

 

[chriskoss]

POLC

Planning
Organising
Leading
Controlling

SWOT

Strengths
Weaknesses
Opportunities
Threats

shit theres more i forgot lol

 

[sidra]

Don't have any for the skills I seem to always forget 'team player' and 'self managing'.

The one we were taught for marketing plans was:

SOTSPIMA

Situational Analysis
Objectives
Target Markets
Strategies
Product Financials

and the last three were for the controls, which are:

Implement
Monitor
Adjust

 

[JosephW]

I know acronyms in general.

PEST/FLGC (external influences for change)
NAN (internal influence for change)
CIA (control of current assets)
OLA (control of current liabilities)
Every South East Indian Does Ice (Marketing Plan)

Thats a few off the top of my head.

 

[jessamyryan]

Skills of management:

SP.A.SM. V.E.ST. in a T.P.

SP- solving problems
A- adaptability/flexibility to change
SM- self management

V- vision
E- ethical and personal standards
ST- strategic thinking

T- teamwork
P- people skills

 

[Michaelmoo]

i used to have a killer one... somehting bout NERD... but i forgot
(i did it last year - 94 baby!)
good luck!

actually... wat are the skills and i will prob be able to member it

People skills
Adaptibility to change and Flexibility
Strategic Thinking
Self-management

Teamwork skills
High personal Standards &
Ethics

Vison
Complex problem solving &
Decision Making

(PASS THE VCD)

 

[xxheersaletixx]

People skills
Adaptibility to change and Flexibility
Strategic Thinking
Self-management

Teamwork skills
High personal Standards &
Ethics

Vison
Complex problem solving &
Decision Making

(PASS THE VCD)

haha niceee!

 

[4thememories]

business goals need to be

S-pecific
M-easurable
A-chievable
R -ealistic
T-ime manageable

 

[Bacchus]

HAHAHHAHA

I am loving how you guys make acronyms. Sounds like a very useful way to study.

 

[djraven87]

OMG!!!!

These help so much.. Thankyou for this thread..

If you know anymore can you please post them?? I have my half yearly for business and it would really be appreciated if I had acronyms to help me remember the syllabus..

And for anyone else currently doing their halfies ATM, GOOD LUCK!!

 

[Eddykungfu]

Please Shoot Very Fat Smelly Tigers Coming East
1. People Skills
2. Strategic Thinking
3. Vision
4. Flexibility and Adaptability to chagne
5. Self-managing
6. Teamwork
7. Complex problem solving and decision making.
8. Ethical + high personal standards.

Our school has one for each syllabus point lol.

 

[Fluorescent]

Mines the best:

People See Very Few Snakes That Can Hiss

- People skills
-Strategic
-VIsion
-Flex/adapt
- Self-management
-Teamwork
- complex/dec
- high ethical /personal standard

 

[daniieee]

People skills
Adaptibility to change and Flexibility
Strategic Thinking
Self-management

Teamwork skills
High personal Standards &
Ethics

Vison
Complex problem solving &
Decision Making

(PASS THE VCD)

Please Shoot Very Fat Smelly Tigers Coming East

Mines the best:

People See Very Few Snakes That Can Hiss

Lolol these are all very awesome. I've never even thought of having an acronym for skills of management. It's always just stuck in my head. I only have acronyms for things I can expand on.

Although, for management roles. Decisional subroles are NERD (Negotiator, Entrepreneur, Resouce allocator, Disturbance handler) =]

 

[sir-study-alot]

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 change → Claire Is So Fugly
Cultural incompatibility in takeovers
Inertia of managers , owners
Staffing
Financial costs

Managing change effectively → Is 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 management → Pull Right L.E.G.
Profitability
Return of capital
Liquidity
Efficiency
Growth
The planning cycle→ ADD Edible Children Fucking Irritate My Paedophile Mind
Overseas and domestic influences and trends in the financial market .
Domestic → Danny Pulls Tim Frenchs Cock
Deregulation of financial markets
Privatization
Technology
Floatation exchange rate
Communication
Overseas → GT
Globalisation
Technology

Long term borrowing → Guys 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/tactics → Shane 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 effectiveness → Bren’s Dick Quadruple Arie’s Length
Benchmarking
Disputation
Quality
Absenteeism
Level of staff turn over

​

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

​

 

[TateDimech21]

roles of management

F or
L ong
L ife

M y
D ad
S ays

E at
D rink
R oot
N ow!

 

[BUSINESSKING]

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.

 

[baller4lyf4]

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!

 

[mr2yen]

VTEC-FukenSlutPleaseSuck