Higher Business Management
Posted 10 May 2007 - 04:06 PM
i'm not too good at the very first question in the past exam papers. Could someone please summaraise what i should be looking for in each of the following headings please. Thank you!
. Human Resources
. Other concerns.
Posted 10 May 2007 - 05:14 PM
HR - looking at staff and training, problems may be - staff redundancies, hard to get new work, decrease in skilled staff etc
Operations - Production process - cant really explain it sorry!
Marketing - My teacher has told us to look at the 4 P's under this heading.
Finance - Looking at funding, problems may be lack of finance etc
Other Concerns - Always look at PESTEC for this eg any legislation hindering work etc.
Sorry for the jumbled response that is what I do in these questions and usually end up with 7or8/10 which is not to bad.
Hope it helped (even a little) and if you have any more questions just ask.
Posted 11 May 2007 - 10:25 PM
If external factors comes up, always look for legislation that has been introduced etc. thats usually the easiest one
Posted 13 May 2007 - 01:03 PM
HR- recruitment procedures
- selection process
- Training (including costs)
- rewards (wages etc)
- Staff motivation/ morale
- employment legislation.
(The four P's- about satisify consumer wants)
- Changes in fashion/tastes
Operations- Inputs (raw materials, managing stock, purchasing stock, suppliers)
- Process (manufacturing, providing service, equipment)
- Output (storage, distrubution)
Finance- Cost of production, wages, setting up business etc
- Sources of finance.
Hope this helps!
Posted 03 March 2009 - 12:25 PM
1 user(s) are reading this topic
0 members, 1 guests, 0 anonymous users