ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: peterle1 on November 15, 2011, 07:54:31 pm
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willing to answer any bus man question to the best of my ability cause i dont know what to learn and i don't want to go through the whole course,
so it would be helpful if you could ask me difficult questions so at least i know where my weaknesses maybe.
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similarities between herzberg's and maslow's?
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A similarity that exist between Maslow's hierarchy of needs and herzberg's two factor theorem is that both motivational theories agree that recognition of an employees achievement will encourage the employee to become more productive.
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gj
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A similarity that exist between Maslow's hierarchy of needs and herzberg's two factor theorem is that both motivational theories agree that recognition of an employees achievement will encourage the employee to become more productive.
a bit more depth?
give me at least 4?
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you could say: herzbergs hygiene factors corresponds with the first 2 levels of maslow
and the motivational factor corresponds to self actualization, esteem and social needs
another similarity is that both believe both one set of factors must be satisfied in for motivation to be achieved, i.e for maslows each step must be satisfied to progress and in herzberg Hygiene factors must be satisfied for motivation to occur.
anyway you can think of another similarity Mr "BM[50]"
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you could say: herzbergs hygiene factors corresponds with the first 2 levels of maslow
and the motivational factor corresponds to self actualization, esteem and social needs
another similarity is that both believe both one set of factors must be satisfied in for motivation to be achieved, i.e for maslows each step must be satisfied to progress and in herzberg Hygiene factors must be satisfied for motivation to occur.
anyway you can think of another similarity Mr "BM[50]"
Anything over 45 haha, 50 is a dream
Yeah you said most of them:
Both are content (needs) theories
Both have criteria as to what motivates individuals
Both use levels
Hertzberg’s hygiene factors correspond with Maslow’s physiological, safety needs as they have similar criteria
Hertzberg’s motivation factors correspond with Maslow’s social, self-esteem and self-actualisation needs as they have similar criteria
and I also need a bit of help on contrasting centralised and decentralised systems, I have the similarities under control, but I would like a few more in depth differences, throw some at me please haha?
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Outline the drafting policy steps
1) pressure exist for policy to be developed e.g. OH&S reasons
2) research is conducted e.g. an analysis on who the policy will affect, the cost of implementation
3) stakeholders about the new policy that is going to be established
4) the policy is drafted and circulated whereupon constructive criticism and feedback is taken into account
5) the policy is redrafted, finalized and then communicated to all stakeholders to ensure that they are all aware of the policy
6) the policy is reviewed through performance indicators to ensure that its implementation has been successful or if corrective action must be taken
How can manager create a desired corporate culture
Corporate culture refers to the shared values, beliefs and philosophies an organisation has. to ensure that a desired corporate culture is established a manager may have to adjust their management style to suit the needs of the employees.
another method for desired corporate culture is that managers may provide rewards and recognition for employees that reflect the behavioral standards needed for a change in corporate culture i.e. heroes
another method is managers may allow functions and celebrations to take place to establish a sense of community and belonging within the work place e.g. through xmas parties or birthday celebrations
Compare and contrast between operations and HRM functions
The operations of an organisations refers to the activities that the manager engages in the production of a good or service.
whereas the function of HRM is to coordinate the activities in maintain acquiring developing and terminating employees
a similarity between the two functions is that each function will aim to ensure that their objectives both work to aid the long term goals of the organisation through effective management of the employees
in contrast the function of human resources may be to ensure that their is a good relationship between the management and employees, whereas the operations function must ensure that their is a good relationship between the products and the employees.
another similarity is that both mangers in the functions use the management skill of communication for its employees to ensure taht information is effectively sent and received with feedback.
Identify Elements of the operation system and relate to good business ethics for each stage.
the three key elements of an operation system is the inputs, transformation and outputs. depending on the case the inputs can range from raw materials, capital and financial investments or experience and intelligence.
for a manufacturing organisation a car company can be used and if you have the jacaranda bus man text book with the suitcase with grass go to page 106-108 very useful
inputs refer to the raw material required for the process of production
transformation refers tot he conversion of inputs to outputs
and outputs refers tot he end result of the organisations effort in which the organisation will aim to deliver the product that most satisfies the customers expectations
a car manufacturer such as Holden, will require the inputs of raw materials such as steel and electricity, capital equipment such as factories, trucks and robotic machinery, the labor of employees who are highly skilled and learned in their functions, time and money. the transformation process will involve the design, the assembly process and the quality control of each product to ensure no faults are made, this can be reflected in the use of automated processes that ensure for consistency of the products. this will result in the final product being suited to the customers needs and profit generated for the organisation.
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is that the centralised and decentraliased system in employee relations if so
A centralised system refers to the decisions being made regarding employee wages, conditions, rights and responsibility being governed by an award legislation that covers the entire industry whereas a decentralised system refers to a system in which decisions are made at the enterprise level, workplace level or individual level. This system is governed by the Workplace Relations Act 1996 which sets out minimum rights, responsible wages and other ‘safety net’ provisions and can ensure consistency throughout the industry
whereas the decentralised structure is instead able to provide greater communication between employers and employees which can improve their motivation levels through the development of cooperative spirits, but because the employees and employers maintain more control over wages than the government it means that the government has much more trouble managing the economy as there are inconsistencies throughout the industry.
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wait where was the post from the guy that asked me those 4 questions that took me ages to type up..LOL
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I think you're talking to yourself... ??? or typing
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Also, for change management, if i had to link Kotter's to a company of my own, i'd be fine using the merger between SPC and Ardmona right?
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gj rob
i dunno just make sure that you are able to link each step back to your company and you should be fine, generally for me cause im doing Australia post, i give a general background information on what was involved in the change
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Yeah too easy. Tomorrow can finally start to seriously study for Bus Man, now that legals outta the way. ;D
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Importance of market share for an LSO?
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Very important, as it's the proportion of the total market the organisation has.
Obviously the more market share you have the less your competitor has = winning
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Market share refers to the proportion of market that a business has expressed in percentages.
market share is important as it is able to establish he relative position an organisation has against its competitor, in which the organisation is able to clearly establish which organisation has been the best and benchmark against it in order to improve its performance and therefore increase its market share.
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List the 5 Management Functions. No book pls
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omg LOL
human resources, operations, marketing, finance and research/development
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Management role of "Leading".
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i'm really loving this thread..
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Rofl.
True of False, Laissez-faire is the best?
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LOL! lovely thread!
What is an organisational chart?
Benefits of external recruitment v.s internal recruitment?
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If two vowels go walking, which one does the talking?
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Management role of "Leading".
leading is the process of the manger being able to influence and motivating employees to work towards achieving the organisations objective.
an employer must ensure he/she has the three leadership qualities of decision making; choosing the best option from a grange of courses, being interpersonal; that is being able to relate and communicate to employees at an informal level and decision making which involves the employer being able to effectively gather relevant information and to communicate it
often leaders can be either transactional or tranformational which is reflected in the rewards and recognition they provide to the employee i.e. a transactional leader will motivate through monetary benfirts, whereas a transformational may motivate through inspiration and setting examples.
True of False, Laissez-faire is the best?
i prefer autocratic dictatorship
What is an organisational chart?
umm sorry never heard of this LOL
Benefits of external recruitment v.s internal recruitment?
advantage of internal recruitment: organisation is aware of the employees strengths and are therefore able to choose the best candidate without having to use valuble time and money looking for new external recruitments
the employees may be more motivated as the organisation values the skills of its employees thus it may increase employee moral establishing a sense of positive corporate culture.
there is no need for an induction as the employee is already aware of the organisations vales beliefs etc
benefits of external
the organisational is able to pool from a much wider option of candidates and therefore are able to choose the best one to suit the job
As the employee is from outside the organisation, they may have varying experiences and knowledge which can contribute positively to the organisation i.e. 'fresh ideas
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btw mskux19 your tag doesnt say you are doing bus man lol?
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evaluate whether low risk practices are preferable to high risk practices to achieve effective change.
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i havent even started to study for business yet.... starting tomorrow since legals exam is outta the way. really doubting getting over 38 for it now lol
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lol I know, its just so I can troll the trolls on other forums! HAHA
But yes I am doing Business!
Btw your answers have been great! Good stuff peterle1!
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i havent even started to study for business yet.... starting tomorrow since legals exam is outta the way. really doubting getting over 38 for it now lol
Had legal today as well, how'd you go?
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i havent even started to study for business yet.... starting tomorrow since legals exam is outta the way. really doubting getting over 38 for it now lol
Had legal today as well, how'd you go?
So did I !
By jove, what a coincidence !
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i havent even started to study for business yet.... starting tomorrow since legals exam is outta the way. really doubting getting over 38 for it now lol
Had legal today as well, how'd you go?
I finished it but i didnt like how they set out the questions, you? I probably got B+ or very low A... how you studying for business?? i cant seem to remember anything for business due to legals entrenched in my mind lol do you think 2 full days of effective studying can do any good
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Yeah i agree with you about the legal exam. I knew my shit but some question's were kinda weird. B+ would be nice xD.
During the last week of term 4 i made notes under each heading of the study design, so tomorrow i'll have a quick read over that and then start some practice questions i guess. Most of the SACs this year i got 100 so i must know the stuff, just gotta remove all the legal bullshit and start thinking business i guess. 8)
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evaluate whether low risk practices are preferable to high risk practices to achieve effective change.
change refers to the alteration of the organisations practices or procedures in which it maybe be forced or unforced (planned or unplanned),
in the process of planning managers may need to implement strategies to ensure its success.
these strategies can be low risk or high risk; a low risk strategy is communication in which the employer will clearly communicate the visionm, the reason and the benefir for change. this communication must be two way with the provision of feedback to ensure concern for employees are met.
this low risk ensures that the trust of the employees are made and they are more willing to allow for this change.
whereas a high risk strategy maybe be threats, threats are when the employers will tell the employee what must be done for the change and that they must accept the change or risk losing possible entitlements .eg. chance of promotion.
in any case, it is often best to avoid high risk strategies as not only is it immoral for the organisations reputation but it also establishes negative corporate culture therefore decreasing the level of productivity and sale within an organisation and its profits.
the low risk strategies will maintain positive corporate culture and as employees are aware of the situation they can more easily accept the changing circumstances.
I did legal last year...was good subject didnt do as well as i wanted though
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I did legal last year...was good subject didnt do as well as i wanted though
What score?
And the study design this year was new, and VCAA decided it'd be a great idea to up the marks to 70. Total bs right there.
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i got A+ A+ B+ :( and got 38
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oh well bus man is my redemption subject for legal LOL
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38's actually a decent mark. Was that a B+ for exam?
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yeah it was
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Harsh, A+'s throughout the year deserves a 40+.
Hate the way the exams operate. >:(
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haha true, anyway keep the bus man questions coming, this is good revision
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What are the 3 types of Facilities location, design and layouts and what situations are they best suited?
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facilities layout and designs are a type of strategy used in the operations of an organisation
the three lay outs are
process - where there may be a range of different products, in which the organisation will group equipment and machinery with similar functions into one department e.g. the production of clothing where their are different designs or variations of either shorts or shirts etc
product - where the equipment and machinery y are arranged in a line and the product is modified as it flows through the assembly line - good for mass production of a product e.g. car in the assembly line (batch productions)
fixed position where the product is of low volume and because of the size of the product it may be costly or impossible to be moved and employees must go towards the product in order to complete it. eg building a ship or building.
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I'm outta questions, you seem fine. The amount of work you can get done in two days is amazing if you don't procrastinate like me. You should be fine for the exam. :)
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thanks mate yeah i really need to do well haha, all the best for you too
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hehe goodluck. 8)
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Discuss the difference between awards and collective agreements :)
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Hey, need some help with describing the environments, i have conflicting notes >:(
Internal = intrinsic factors of an org which which management has complete control over.
Operating = external factors that directly impact an org.
Macro = external factors which have an indirect impact on the org.
Just need to clear up something. Management has some control over the operating environment, but little to no control over the macro? yes?
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yeah thats right
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Cool, thanks! ;)
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What are the similarities and differences between the motivation theories?
Maslow and Hertzberg's Theory both formulated motivating strategies that would empower its staff and management in reaching organisational goals and objectives. Maslows and Hertzberg are similar as the lower order needs/extrinsic factor ( psychological needs and safety needs) will have to be addressed and satisfied by management before proceeding to the higher order needs/intrinsic factor (social needs, esteem needs and self realisation)
Both Maslow and Hertzberg outline detailed steps that will achieve motivation while Locke's Theory emphasize on goal setting instead of motivating factor. Maslow suggest that each needs should be address individually while on the other hand, Hertzberg's theory separate the needs base on their importance.
Something like that...?
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I need help, what source of change from the macro environment would bring about a merger, such as SPC and Ardmona.
Thanks.
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I need help, what source of change from the macro environment would bring about a merger, such as SPC and Ardmona.
Thanks.
economic factors
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Thanks!
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Is this definition is acceptable?
Define organisational structure:
'the way in which managers, employees and functions are arranged within an organisation'.
Thanks.
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Is this definition is acceptable?
Define organisational structure:
'the way in which managers, employees and functions are arranged within an organisation'.
Thanks.
You could also say it shows the lines of authority and communication and the chain of command etc in an organization and then give an example of one
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Good idea, thanks
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I need help, what source of change from the macro environment would bring about a merger, such as SPC and Ardmona.
Thanks.
economic factors
could you assume that economic factors is a source of change for everything?
i'm doing bendigo and adelaide bank and i can't think of anything from the macro environments that pushes them to change.
if i said that the economy is at a downturn which prompts the bank to develop new approaches in operations to maintain profitability, is that correct even though i don't have hard evidence to justify it?
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Hard evidence is overrated. I'm cashing in that my exam assessor doesn't know about SPC and therefore whatever i say is correct. 8)
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lol spc produces canned beans, don't they?
yeah so it's okay if i just bullshit about how they want to be innovative in the midst of the tragic economy thus change is the only way to go?
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yeh i guess so since dont really about your change issue, they just look at the way u explained it thats wat matters
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Another question guys but i didn't want to start a new topic.
If a question asked to outline two operations management strategies. Does this include all:
Facilities design and layout : product layout etc
Materials management : Just-in-time etc
Management of quality : Quality control etc
Technology : CIM etc
just wondering if all these are viable options. I'm 99% sure they are but just making sure.
Thanks ;)