Operations
Involves acquiring inputs and devising the best production methods so that outputs such as goods and services are produced in the most efficient and effective way.
What is Operations?
The planning and monitoring of a business’s financial resources to enable the business to achieve its financial goals.
What is financial management?
A total system of interacting activities designed to plan, price, promote and distribute products to present and potential customers.
What is Marketing?
Management of the total relationship between an employer and employee in order to achieve the strategic goals of the business.
What is human resource management?
Shadow Man, Tiana, and Louis the Alligator are all characters in a 2009 animated Disney film
What is the Princess and the Frog?
Refers to the strategies to produce goods or services at the lowest possible cost whilst they are still acceptable to customers.
What is cost leadership?
The planning and monitoring of a business’s financial resources to enable the business to achieve its financial goals.
What is efficiency?
Consists of those individuals or groups that are engaged in all forms of primary production, including mining, agriculture, forestry and fishing.
What is a resource market?
Employees, employers, trade unions, employer associations and government
What are stakeholders?
Internet prank and meme in which an unexpected appearance of the music video for the 1987 Rick Astley song "Never Gonna Give You Up" is "planted" into an unrelated link
What is Rickrolling?
A declaration of government political activities, plans and intentions relating to a particular cause, which can dictate what you can and can’t do within the market.
What are government policies?
A loan for a set period of time but is not backed by any collateral or assets.
What is an unsecured note?
Influences within an individual that affect his or her buying behaviour. Five main factors that influence customer choice are perception, motives, attitudes, personality and self-image, and learning.
What are psychological influences?
The process of locating and attracting the right quantity and quality of staff to apply for employment vacancies or anticipated vacancies at the right cost.
What is recruitment?
"Don't Cha" and "Stickwitu" were 2000s hits from a "feline" girl group fronted by Nicole Scherzinger
Who are the Pussycat Dolls?
A scheduling method that shows what tasks need to be done, how long they take and what order is necessary to complete those tasks. Involves working out the shortest length of time it takes to complete ALL TASKS necessary to complete the project.
What is a critical path analysis?
A financial statement that indicates the movement of cash receipts and cash payments resulting from transactions over a period of time.
What is a cash flow statement?
Involves situational analysis, market research, establishing market objectives, identifying target market, developing marketing strategies and implementing, monitoring and controlling
What is the marketing process?
Designing the content of a job and how it will interact with other jobs and employees, so as to motivate and retain an employee and achieve the business’s goals.
What is job design?
2003 was when Beyoncé Knowles become simply Beyoncé. That was the year she released her first solo album, “Dangerously In Love,” after splitting from a girl group that ruled the ‘90s
Who is Destiny's Child?
Involves the management and flow of supplies throughout all input, transformations processes and outputs.
What is supply chain management?
A contract to exchange one currency for another currency at an agreed exchange rate on a future date
What is a forward exchange contract?
A method of setting prices according to the interaction between the levels of supply and demand
What is market-based pricing?
A key factor in employee commitment, job performance and staff turnover.
What is worker satisfaction?
A 2010 film "The Social Network" was directed by David Fincher, written by Aaron Sorkin, and adapted from the 2009 book "The Accidental Billionaires." The film follows the founding of Facebook, focusing on the current CEO of the company
Who is Mark Zuckerberg?