Chapter 5
How many business objectives are there? What are they.
5
Survival, profit , marketshare, growth, CSR
3 stages of recruitment
Identify , advertise, select
What is the difference between Public Sector and Private sector regarding objectives and purpose?
Public helping services private looking to make profits
what is myu dogs name?
Deebo
Give examples of External stakeholders
Local community, customers, governement, lenders,
What are the two types of stakeholder groups? Define them
Internal & External
What is Job Analysis
Business collects job information about a specific position such as - activities, skills needed and location of the work.
What are the 3 methods of trainning
Induction, on thje job, off the job
How many years have I worked in san patricio and what subjects have i taught?
3 business
What does S.M.A.R.T objectives stand for?
S- Specific
M- Measurable
A- Achievable
R- Realistic & Relevant
T- Time
Explain the difference between Corproate social responsibility & Social enterprise
Social enterprise- A business w/ social objectives which reinvests most profits back into the business inorder to help benefit society at large
CSR - an objective regarding helping social causes that a business would like to focus on but not its main mission in business.
what are 3 factors that influence choice of choosing an employee:
What is a stakeholder
a person who is affected by business decisions
Favorite flavor of ice cream
Pistachio or chocolate
What are the 3 objctives of public sector
Accessible affordable open to all
Give me a personal business objective an owner might have
High returns / dividends for risking their investment in the business
Benefit from increase in share value
What is one advantage & one disadvantage of External recruitment
Adv:
Dis:
What inforamtion does a business contract provide?
time of contract, job requirements, salary, ect
What is my favorite TV show
Ted lasso
two types of recruitment and their definition
Internal & External
define pressure groups and their purpose
Pressure groups- Groups of likeminded people putting pressure on businesses / governments to change policies
What are the 5 legal controld of a business:
What are the 3 sectors of how businesses are classified and what do they consist of ?
Primary secondary tertiary
What is one classroom petpeeve I have?
....
Explain a conflicting difference between the objectives of an employee and an Owner of a company
Owner want high profits and cut costs . emplpoyees want to be paid more and fair wages for work. they contradict because one will add more costs or take away from salary