A Thread For Questions. :)

[ngRISING]

good definition of Financial KPI's and Non Financial KPI's anyone? !

[ilhan91]

Financial KPIs- Are quantative measures that indicate how the organisation is performing/going.
Non-financial KPIs- Are qualitative measures that indicate how the organisation is performing/going.

Very simplistic answer but covers the essential bits

[mypurpleundercracka]

Financial KPIs- Are quantative measures that indicate how the organisation is performing/going.
Non-financial KPIs- Are qualitative measures that indicate how the organisation is performing/going.

Very simplistic answer but covers the essential bits

Non-financial KPI are not always qualitative, they can be both. Financial KPI are ALWAYS quantitative but must relate to monetary data

[paul anka]

hey will we need to know work choices for the exam or is it not part of the study design???

[studyhound]

when giving examples when answering questions
is it best to use examples directly from the provided case study, a sepparate real life example, or both?
hope that sorta makes sense lol

[ngRISING]

when giving examples when answering questions
is it best to use examples directly from the provided case study, a sepparate real life example, or both?
hope that sorta makes sense lol

good question ! idk either lol!

a few more questions

1) the purpose of an organisational structure,
2) explain how policy development is a process and identify reasons why policies change.

both of these questions are defining and explaining WITHOUT a case study.

[green04]

when giving examples when answering questions
is it best to use examples directly from the provided case study, a sepparate real life example, or both?
hope that sorta makes sense lol

well i reckon both, or thats what my teachers have been saying,
just aslong as you trace it back efficiently enough to the case study, & maybe use another example to make your response stronger;

[mypurpleundercracka]

i try to provide an example for every single question where possible even one-markers, even for globalization i talked about how its origins lay in Ancient Rome haha

[mypurpleundercracka]

hey will we need to know work choices for the exam or is it not part of the study design???

no, only the workplace relations act of 1996

[mypurpleundercracka]

what sort of questions would they ask u about "change management issues"? - e.g. globalization, legislative compliance. From what ive heard they tend to be 6-8 markers or more

[nbalakers24]

apply a change management theory using the 3 or 8 step process? something like that i guess.

has management structures occured in the VCAA exams yet?

[ngRISING]

3 change management theory, that has been asked as i have read through assesors report etc. they often use lewin's as an example, J.K pothead or something like that is harder i guess.

management has been asked i think, something along the lines of flatter structure or something . all on top of my head. havnt really done much for bm :S . starting prac exams next week.

[jaja]

hey
whats the difference between management roles and funtion

[nbalakers24]

management roles are POLC

planning, organising, leading and controlling

while functions are departments such as Accounting, HRM, Operations, Research and Development etc etc, i think thats what management functions are

[jaja]

is there a proper definition for functions?