Unit 1
An advantage of this form of business is that it qualifies for subsidies and tax exemptions.
What is a not-for-profit business?
This is the process of teaching a particular new skill or knowledge in order to develop a person’s competence in the workplace. The purpose is to match the skills of employees with the needs of the organization
What is training?
Peacewick University has to pay these costs even though there are no classes at the moment at the physical campus.
What are fixed costs?
This is an strategy that uses tactics to generate a response from your audience via networking platforms. It often involves marketing in order to generate conversations among the market and draw attention to itself.
What is social-media marketing?
Fewer employees and students at the university have led to significantly lower energy consumption; it also means less waste, less use of water, less pollution, and a reduction in PU’s carbon footprint.
What is ecological/environmental sustainability?
PUs efforts to be transparent about their problems and considerate of all stakeholders above and beyond the need to be profitable, represents this form of duty.
What is corporate social responsibility?
Peacewick University had a very challenging year. To solve its cash-flow problems the university used a certain HR strategy likely with the results of creating low staff morale.
What is redundancy?
These include tuition fees, private investment, and facility rentals.
What are revenue streams?
Peacewick university has an interesting approach to pricing. International students pay higher fees to the university than the fees that the university receives from local students.
What Is Price Discrimination/ Dynamic Pricing?
By January 2022, the standard of teaching at PU nearly returned to its earlier high quality, although in a different format. This form of production represents the teaching that remained online, which enabled lecturers to meet smaller groups of students face to face, offering customized experiences.
What is job production?
According to the Ansoff Matrix, this form of growth strategy represents PUs desire to open another campus.
What is Market Development?
Due to the chemical accident and destruction of buildings, the university had to offer a new type of work utilizing advancements in telecommunications and internet technologies.
What is Teleworking or Remote Work?
Opening another campus is a form of this... likely on fixed assets including IT equipment, research facilities and buildings.
What is capital expenditure?
Part of the recovery was investing in this type of marketing strategy including testing and experiments.
What is primary research?
These factors will influence PU's decision on whether to open a campus in Country B.
What are location factors?
These include the explosion from the nearby Chemical Plant, which caused a large amount of damage to nearby buildings.
What are external environmental factors?
This style of leadership stifles initiative and creativity as employees are not involved in decision making.
What is autocratic leadership?
This money was provided to help stimulate growth in the field of education.
What are government grants?
Efforts were made by PU to salvage this form of business identity.
What is a Brand?
The act of preparing for a disaster before it starts (HL).
What is contingency planning?
This document aims to put the corporate values into practice (and PU should probably have one).
What is a code of ethics?
This theorist's theory would state that getting rid of the harassment and poor work environment would not be good enough to inspire and motivate the remaining workers.
Who is Fredrick Herzberg's Two factor theory?
Peacewick university suffered from declining enrollment and consequently had cash-flow problems. What is the formula on a cash-flow forecast that calculates its closing balance?
What is opening balance + net cash flow?
According to the BCG Matrix this strategy should be taken with "dog" products such as the History courses.
What is divest?
These are reasons for crisis management is important to Adriana (HL).
What are: Business continuity OR minimize losses