ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: paul anka on November 12, 2009, 11:46:49 am
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Like the name suggests, post anything you think is going to be on this years exam. Probably assuming from past exams. Cheers ::)
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mgt roles, they've been on 05,06,07 exams but they weren't on last years i think, also reckon theyll have a big marker on a change mgt issue
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all most every single exam+prac exam has a big marker on change mgt issues.
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all most every single exam+prac exam has a big marker on change mgt issues.
yeah i honestly find them quite easy to elaborate on, just use heaps examples like for globalization im gona include harvey norman, telstra and mitsubishi
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lol. globalisation, i only have BHP billiton. care to share ? ^^. !
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lol. globalisation, i only have BHP billiton. care to share ? ^^. !
yep
Internal targets and effects for under Globalisation:
-Extensive and effective planning processes are critical to ensure success – successful Harvey Norman planning (strategies to break into English market, breaking into Scotland and NI first) against the unsuccessfully planning of MMA (lead to the ceasing of manufacturing in Australia)
“Just as we change our strategy continually, so do competitors, so do governments, so do customers” - Geoff Chamberlin (Holden Executive)
-Adapt to a globalised economy so it deal/manage people of other cultures
-Must be able to promote a CC which has a global perspective and appears ethical around the world
-Increased flexibility and innovation given increased likelihood of change and competitors
“Industrial democracy” - those working in a particular job are in a better position to make decisions in regards to it
-Staff satisfaction and support is paramount
-Tech. must be suffice to communicate and deal with companies (subsidiaries) overseas
-Establishing business allegiances – Optus with Convergy's and Harvey Norman in the UK
-Adequate facilities may be needed abroad
-Optimum use of technology to maximise productivity to ensure competitiveness in an increasingly
globalised world
-Recruitment of staff from overseas may be needed
-Need for diversity management; capitalise on cross-cultural capabilities
-Language training for foreignly recruited staff or those to be off-shored
-Harvey Norman → now operating in non-Anglo-phonic nations such as Slovenia
-Reformed perhaps to suit new functions and responsibilities
-Developing a structure that is efficient for communication and one that is non-bureaucratic
-”Downsizing” of internal staff due to off-shoring or international e-commerce may prompt change
-E.g. Harvey Norman →greater commitment to a “geographic model” basing of structure
-Telstra outsourcing – gradual removal of its IT facets
-Changing objectives given increased and varying market and competitors
-Benchmarking and attempting to reach the performance of globally leading organisations – setting higher objectives
-Harvey Norman against Curry's, etc.
Harvey Norman
-Major retailer in Australia – toppled the likes of Betta Electrical and Retra Vision, controls over a third of TV's sold in Australia
-Ambitions to become world-wide leader in electronic retailing as professed by chairman Gerry Harvey – effective communication of vision
-It's nternational stores have contributed to sales increases by 18% (2006)
-Benchmarking against leader European retailers – e.g. “Dixon's” and “Curry's”
-Cautious approach to break into becoming a world leader, intensity of English market → expand into Northern Ireland and Scotland first (effective strategy given the fact these nations feature a similar consumer behaviour yet have been untouched)
Telstra
-1997 telecommunications market in Australia became de-regulated completely → mass competition (e.g. British-owned Vodafone)
-Telstra becomes privatised → to deal with competition
-2001 expanded into New Zealand → establish subsidiary “TelstraClear”, now 3rd largest telecommunications provider in New Zealand
-Telstra starts in 2004 outsourcing IT jobs to Indian firms
Impacts of Globalisation on the Australian automotive industry
-Has enabled Australian manufacturers to sell products to foreign countries – but at what cost
-Has given customers are greater choice and range of products to choose from
-Australian market itself → No longer the typical “Ford vs. Holden” battle as seen 30 years ago – increased domestic competition from Japanese and Korean manufacturers
-10% of cars in Australia were imported back in the 1980's, now just over twenty years later 85% of cars are imported
-Decrease in “protectionism” (tariffs to restrict foreign industry thereby protect Australian industries) → once prominent in Australia (e.g. Protectionist political party) yet deregulation progressively by the Australian government has been procured (to promote free trade)
-By 2010 → 5% of tariffs will apply to imported cars, has sparked mass outrage from local industry fearing it will deplete the Australian-made cars in the market
-Mitsubishi Motors Australia (subsidiary of Japanese parent company) → sale demands for cars in Australia have remained fairly constant yet MMA sales were dismissal
-Target of 300,000 units of one model yet less than 16,000 at peak in addition to overseas failure → Japanese parent company ceased production in Australia. 1000 jobs lost with production moved to China and Russia
-Mitsubishi no longer manufacture in Australia (all products imported) → epitome of an organisation that failed to adapt to changes in its environment and shifting customer needs
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what a beast.... many thanks ^^ . if i get over 25 i'll let you know :D
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what a beast.... many thanks ^^ . if i get over 25 i'll let you know :D
lol no woriz
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business competitiveness in regards to hrm and ops mgmt...
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business competitiveness in regards to hrm and ops mgmt...
eh i haven't gone over that
care to start me off? lol
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oh and adam your just too good lol
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Business Competitiveness refers to the rivalry between two or more organisations within a industry seeking to independently do business with a third party such as customers, by offering more attractable and favourable terms.
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that word customers can be changed and applied to say organisations from a suppliers perspective, eg suppliers trying to offer better terms to attract potential organisations. but depends on case study or example you use i guess. thats more of a general term that i learnt. top of my head. good practice for the exams :D
give me more terms to define. !
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What is a Nuom Nuom Toi Toi Mout Mout?
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so is business competitiveness for hrm about obtaining the most skilled employees that will give them an advantage over competitors?
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Hey, not sure whether to make a new thread... but i think this is relevant.
Would it be worthwhile to take note of questions in past exams that have been done poorly? E.g. on a certain question the average was like 2.9/6 last year... does this mean it is more likely to be repeated?
Like would you think these poorly done questions may be asked again?
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yep definately worth looking at them , so you know where people go wrong and when they fuck up. so you wont fall in the same situation
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so is business competitiveness for hrm about obtaining the most skilled employees that will give them an advantage over competitors?
yeah, in that case it is then they're trying to become a Employer of Choice, to do so theywould want promotes better working conditions or wages which will lead to the attraction of staff with a higher calibre then its competitors. which leads to higher productivity levels, hence pusuing organisational goals & objetives... Or if its in terms of ethics & sr then they want to become a EoC that attracts employees who want to be view as working for an employer that is socially responsibile
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there's def going to be stuff on structures, styles and POLC.....and i reckon probs a whole question on change.
good luck tomorrow anyway guys
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business is gonnna suck tomorw
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business is gonnna suck tomorw
feeling the pressure kicking in.
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im more worried about poltics , this is like my botton 10% , i havnt studied all year for this.... and we used cheat sheets the whole year LOL
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lol. i am worried about the 8 markers . applying the theory and using my own examples. the application process.
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hopefully theres just a lot of four mark questions
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hopefully theres no "evaluate the following proposition..." questions. there always are these questions on the compak exams but i dont like them