Operations
Human Resources and Facilities
What are transforming inputs?
Price, Promotion, Product, Place
What is the marketing mix?
Revenue - Expenses
What is the formula for profit?
Main legislation related to pay and conditions
What is the fair work act?
Hey, would you be willing to participate in some research?...........................by the way we are offering some great deals this month on donuts
What is sugging?
Quality, Speed, Dependability, Flexibility, Customisation, Cost
What are performance objectives?
The main legislation that protects consumers.
What is the Competition and Consumer Act (2010)
Forward Exchange, Options, Swaps
What are derivatives?
These are what all employees are entitled to and can not be overwritten in awards or agreements
Cant rely on China, lets make phones in India too.
Thats a great strategy!!
Producing goods cheaper than you competitors which gives you an advantage
What is Cost Leadership?
Introduction, growth, Maturity, decline
what is the product life cycle?
Distribution of payments, Discounts for early payment, Factoring
What are cash flow management strategies?
Form of dispute resolution where an independent third party makes a decision that is binding to both parties
What is arbitration?
Officeworks, Mc Donalds, Narrandera High
What is the connection?
Where has Mr Lea worked?
Gantt Charts and Critical Path Analysis
What are sequencing and scheduling tools?
The approach that began to be used due to increased competition.
What is the selling approach?
Looking at credit policy, credit checks, reducing days to pay, reminder notices, discounts for early payment
What are ways to improve efficiency? (or improve accounts recievable turnover)
Absenteeism, Worker satisfaction, acccidents, business culture, levels of disputation, staff turnover
What are indicators that measure the effectiveness of HR?
(Not COVID)
What is this all about?
What is the Qantas 2011 Lockout?
Something that is mass produced, uniform in quality.
What is a standardised good?
Ehtical Critisicsms, Truth and Accuracy, Good taste, Products that may damage health, sugging, engaging in fair competition
what are ethical influences in marketing?
Comparing data to previous financial periods, Industry Average
What is comparative ratio analysis?
Developmental and Administrative
What are the two types of Performance Management?
number of students left in this course x marks in the hsc exam
What is 700?