ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: amy_213 on November 12, 2009, 08:43:25 pm
-
I always stuff up in these effing questions :-[
Outline one significant change issue facing large-scale organisations, and provide a real business example that illustrates how responding to this issue leads to increased competitiveness for this firm.
I dunno any significant changes and real business examples! Through all trial exam papers i stop at these questions because i dunno anything T.T~ and they're all like 10000 marks or something!
-
what change issue did your teacher do?
mergers? CSR? globalisation?
-
Globalisation
-
Could you talk about merger as combined assets and resources will provide benefits such as ... blah blah.. a merger example would be bhp and billiton.. that's ok?
-
go to last page of shinny notes, i dont know much about globalisation
-
Could you talk about merger as combined assets and resources will provide benefits such as ... blah blah.. a merger example would be bhp and billiton.. that's ok?
i'm not sure if examiners want recent changes, :S
-
Could you talk about merger as combined assets and resources will provide benefits such as ... blah blah.. a merger example would be bhp and billiton.. that's ok?
i'm not sure if examiners want recent changes, :S
What would you suggest i always have trouble on this question also..
-
I always use social responsibility as a change issue, but another easy one is technological developments.
You should first define this issue: Social responsibility refers to an organisation's ability to act in an ethical and moral manner with concern for society at large, beyond that imposed on it by laws.
An example for the social responsibility change issue is Safeway's implementation of re-usable carry bags to decrease the negative impact of plastic bags on the environment.
Social responsibility increases competitiveness in the following ways:
- attracts and retains a talented workforce, due to people rather participating in socially responsible work than not
- attracts more shareholders because people would rather support/invest in an organisation that has concern for society
- attracts more customers as a result of being socially responsible because people would rather buy products from organisations that have concern for society
- promotes a positive image to the general public, which would also attract more customers
It may also ask you to discuss any negatives, there aren't too many, but you should be fine with mentioning:
- costs associated with the research and development of finding socially responsible alternatives
- costs associated with the actual implementation of the change
- potential rise in costs of goods to retain similar profit levels, which could cause customers to choose another competitor who offers products at a lower price
Hope this helps, i think social responsibility is the easiest one to elaborate on.
-
Could you talk about merger as combined assets and resources will provide benefits such as ... blah blah.. a merger example would be bhp and billiton.. that's ok?
i'm not sure if examiners want recent changes, :S
What would you suggest i always have trouble on this question also..
what area do you have trouble on?
usually the main point on change is the impact it has on activities/structure of the organisation
-
^Thanks You :D
Maybe i should switch and learn Social Responsibility..it's not like i'm too late. I find Globalisation some what confusing because my teacher didn't really explain me this topic in detial :P
Does anyone have more recent examples regarding to Social Responsibility then?
-
it was in a different thread, i think it was somehwere in here
http://vcenotes.com/forum/index.php/topic,17105.105.html
just check the other threads, someone posted a lot of examples i think
-
http://vcenotes.com/forum/index.php/topic,19388.0.html
-
Sorry to jack the thread, but of all the notes I'm looking at even shinys there is no directs 'change issue' title, there is social responsibility globalisation, but is there another words for change issues? Thanks
-
The change issues you can choose from include Business ethics and social responsibility, globalisation, legislative compliance, technology and privatisation,mergers & acquisition.
-
^Thanks You :D
Maybe i should switch and learn Social Responsibility..it's not like i'm too late. I find Globalisation some what confusing because my teacher didn't really explain me this topic in detial :P
Does anyone have more recent examples regarding to Social Responsibility then?
not too late yet, but you better hurry up ! haha
-
Another question.
Evaluate, with the use of a company example, the proposition that businesses operate ethically only if it is in their best interest financially.
?