ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: ben_ess12 on January 11, 2011, 07:51:34 pm
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hey everyone..
i have begun making some notes for AOS1 and i have done every dot point on the study design and the only thing my textbook or A+ hasnt covered is this one:
• Typical management functions in large scale organisations, including operations, finance, human resources, marketing and research and development:
could someone exlpain to me :)thans alot
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Have a look through the Notes for BM on this website - this dotpoint may be covered in those notes (for example, shinny's notes)
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i have been through both burberry and shinny...
shinny has a bit on human resource but that was all...
i found from some othr notes a small bit on 3 of the functions...
is it importat to know?
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You really only need to know Operations Management and Human Resource Management which will be covered (it is a massive AOS) at the end of Unit 3 and the start of Unit 4. As for finance/marketing/r&d/i.t/logistics etc. you need to have a brief understanding of its importance to an LSO but you do not need to go into detail (it is not required).
i have been through both burberry and shinny...
shinny has a bit on human resource but that was all...
Actually Operations/Human resources covers a lot of the 3/4 course. I would say about 2/5ths or so
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hey everyone..
i have begun making some notes for AOS1 and i have done every dot point on the study design and the only thing my textbook or A+ hasnt covered is this one:
• Typical management functions in large scale organisations, including operations, finance, human resources, marketing and research and development:
could someone exlpain to me :)thans alot
EDIT:
You really only need to know Operations Management and Human Resource Management which will be covered (it is a massive AOS) at the end of Unit 3 and the start of Unit 4. As for finance/marketing/r&d/i.t/logistics etc. you need to have a brief understanding of its importance to an LSO but you do not need to go into detail (it is not required).
i have been through both burberry and shinny...
shinny has a bit on human resource but that was all...
Actually Operations/Human resources covers a lot of the 3/4 course. I would say about 2/5ths or so
Yeah I think pg 20-49 of my notes are on OpMan and HRM (but you don't need to know that yet).
Hey
I cover this in my notes.
Basically, this was a question that got a lot of people in last year's exam. Functions are (and apparently wrongly) thought to refer to management roles.
In actual fact, it is what you wrote. Functions are merely different departments of an organisation. The ones you will study are Operations and HR. I cover both pretty extensively in my notes so I would highly recommend reading them, but for AOS 1 SACs ,I don't think much is required about them at all, besides that they exist.
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Yeah I think pg 20-49 of my notes are on OpMan and HRM (but you don't need to know that yet).
Hey
I cover this in my notes.
Basically, this was a question that got a lot of people in last year's exam. Functions are (and apparently wrongly) thought to refer to management roles.
In actual fact, it is what you wrote. Functions are merely different departments of an organisation. The ones you will study are Operations and HR. I cover both pretty extensively in my notes so I would highly recommend reading them, but for AOS 1 SACs ,I don't think much is required about them at all, besides that they exist.
thnaks burberry :)
i hadnt looked into the other pages of your notes other then AOS1 but i will now thanks for mentioning it :) i didnt mean to insult you btw please dont take it in wrong way if i said it wanst in there but it was...
but thanks guys :)
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Yeah I think pg 20-49 of my notes are on OpMan and HRM (but you don't need to know that yet).
Hey
I cover this in my notes.
Basically, this was a question that got a lot of people in last year's exam. Functions are (and apparently wrongly) thought to refer to management roles.
In actual fact, it is what you wrote. Functions are merely different departments of an organisation. The ones you will study are Operations and HR. I cover both pretty extensively in my notes so I would highly recommend reading them, but for AOS 1 SACs ,I don't think much is required about them at all, besides that they exist.
thnaks burberry :)
i hadnt looked into the other pages of your notes other then AOS1 but i will now thanks for mentioning it :) i didnt mean to insult you btw please dont take it in wrong way if i said it wanst in there but it was...
but thanks guys :)
Nah wasn't insulted in the slightest. Um TBH, its not necessary for AOS 1 SACs, and may just confuse you.
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I had a question in my AOS 1 SAC related to management functions (Question 6 - Describe three different management functions that would be required by the LSO; 3 marks). So you should have a brief idea of each function in preparation of the first SAC
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@ burberry, okay thanks :) just making sure.
@_avO, il ask the teachers what they feel when i get back to school, and if it will feature heavil on the sac but there is nothing in my Business Book and im using the one written by Barrile and Cameron 8th edition? hope that made sense
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@ burberry, okay thanks :) just making sure.
@_avO, il ask the teachers what they feel when i get back to school, and if it will feature heavil on the sac but there is nothing in my Business Book and im using the one written by Barrile and Cameron 8th edition? hope that made sense
It's pretty simple when you think about it, businesses split it's departments up so that it can be better managed, for instance
- finance is in control of the money side of the business (duh),
- operations is in control of materials, products, services etc (you'll learn more on this later on),
- human resources is in control of employees, by determining who is to work at a certain time, contracts etc
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Thanks Luke :)
And I'l assume research and developtment looks after researching into new ideas for products, improving current products, market research and development would be developing current products??
So a function is a different group/segment/department of the organization or:s
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Thanks Luke :)
And I'l assume research and developtment looks after researching into new ideas for products, improving current products, market research and development would be developing current products??
Correct, and if you can explain any function on the spot like that you'll be fine (Apart from HR and Ops, but you don't need to know too much about it until later on)
So a function is a different group/segment/department of the organization or:s
Correct again! The call in a Management Function, as it is the function they perform in their own areas
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Thanks Luke :)
And I'l assume research and developtment looks after researching into new ideas for products, improving current products, market research and development would be developing current products??
Correct, and if you can explain any function on the spot like that you'll be fine (Apart from HR and Ops, but you don't need to know too much about it until later on)
So a function is a different group/segment/department of the organization or:s
Correct again!
Thanks alot Luke :) glad there are people like yourself, burberrry and _avO to ask for help around here :)
Thanks guys for the help :)
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There was a question on last year's exam on management functions, but really you don't need to know much about each individual function, just realise their necessity in an LSO and have a brief understanding of what each function does.
Also, if you're confused at all, AOS 2 is about management structures, one structure being called 'functional', so you will get a better idea of what the term function means. But I'm sure you already have it covered thanks to luken93, Burberry and _avO.
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Also, if you're confused at all, AOS 2 is about management structures, one structure being called 'functional', so you will get a better idea of what the term function means. But I'm sure you already have it covered thanks to luken93, Burberry and _avO.
Yeah don't stress too much Ben if you don't know what we are talking about, I remember joining a thread like this this time last year, and it all seemed very confusing, but rest assured BM is very easy to grasp!
And you are also apart of this flash, we ALL worked together last year!
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@flash thanks. any input is helpful :) i might have a brief look through AOS2 and see what it says, all i have in my notes for those functions is just a basic sentence or two, il get teachers to have a look or i might post it up.
@luken thanks for the reassurance:) hope i can use all of you this year to my advantage :)