Marketing
The Strategic Role of Marketing
What is Profit Maximisation?
The Strategic Role of Operations
What is a Competitive Advantage?
The Strategic Role of Finance
What is profit maximisation?
What is financial stability?
The Strategic Role of Human Resources
What is a positive employer-employee relationship?
This directive verb has you:
Provide characteristics and features
What is Describe?
This Marketing Influence relates to the forces exerted by other people and groups that affect customer behaviour/choice.
What is Sociocultural?
These are inputs that are changed/converted into something else (components or good/service)
What are Transformed Resources?
This ratio is calculated by:
Net Profit / Owner's Equity * 100
What is the Return on Equity Ratio?
A process of HR that involves Recruitment, Interviewing and Selection.
What is Acquisiton?
This directive verb has you:
Relate cause and effect; make relationship evident; OR why and how
What is Explain?
These are the unspoken and unwritten terms of a contract. These conditions are assumed to exist regardless of whether they were especially mentioned or written into a contract.
What are Implied Conditions?
The arrangement of machines/equipment based on function within operations.
What is Process Layout?
The privilege that is granted to current shareholders to purchase more stock in the same company.
What is a Rights Issue?
This is the act of legislation that governs employee wages and conditions (contracts).
The Fair Work Act 2009
This directive verb has you:
Identify issues and provides points for and/or against
What is Discuss?
It is the concept that refers to how consumers perceive the product/brand/business.
What is Positioning?
This involves integrating and managing the flow of supplies throughout the inputs, transformation processes and outputs to best meet the needs of customers. Includes: Sourcing, E-Commerce, and Logistics
What is Supply Chain Management?
These are earnings that are adjusted to take into account cyclical upswings/downswings in the economy.
What is Normalised Earnings?
The HR indicators refers to the amount of separation of employees from an employer, both voluntary and involuntary, through dismissal or retrenchment.
What is Staff Turnover?
This directive verb ahs you:
Make a judgement based on criteria; determine the value of
What is Evaluate?
The Type of Market in which those who purchase goods/services have the aim to resell/rent them to other businesses or individuals.
What is a Intermediate Market?
It is the shortest length of time it takes to complete all tasks necessary to complete the process or project.
What is the Critical Path?
Any strategy used to reduce financial exposure (risk) to fluctuating exchange rates.
What is Hedging?
Employees switch, for a period of time, from one job to another.
What is Job Rotation?
This directive verb has you:
Identify components and the relationship between them; draw out and relate implications
What is Analyse?