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^@$% Brief description of all the dot points in this topic *@%&^% (1 Viewer)

samirs_maxin

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HSC
2009
Can anyone give a brief description of every dot point in this topic FINANCIAL MANAGEMENT AND CHANGE THANKS :spzz: lol
 
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Miss Code

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HSC
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Content: Business Studies HSC Course

9.1 HSC topic 1: Business Management and Change

20% of indicative time
The focus of this topic is to examine the nature and responsibilities of management within a changing business environment from a theoretical and practical perspective.

Outcomes

The student:
H2.1 describes and analyses business functions and operations and their impact on business success
H3.1 explains management theories and strategies and their impact on business
H3.2 evaluates the effectiveness of management in the organisation and operations of business and its responsiveness to change
H3.3 analyses the impact of management decision-making on stakeholders
H4.1 critically analyses the social and ethical responsibilities of management
H4.2 evaluates management strategies in response to internal and external factors
H5.1 selects, organises and evaluates information and sources for usefulness and reliability
H5.3 communicates business information, ideas and issues, using relevant business terminology and concepts in appropriate forms.

Content

Students learn to:

use existing business case studies to investigate and communicate ideas and issues related to business management and change. The focus of these case studies will be to:
• analyse how management theories apply to various business situations
• explain and evaluate how change is managed in one or more businesses.

Students learn about:

the nature of management
• the importance of effective management
• management roles
– interpersonal, informational, decisional
• skills of management
– people skills, strategic thinking, vision, flexibility and adaptability to change, self-managing, teamwork, complex problem-solving and decision-making, ethical and high personal standards
• responsibility to stakeholders; reconciling conflicts of interest


understanding business organisations with reference to management theories
• classical-scientific
– management as planning, organising and controlling
– hierarchical organisational structure based on division of labour
– autocratic leadership style
• behavioural
– management as leading, motivating, communicating
– flat organisational structure, teams
– participative/democratic leadership style
• political
– uses of power and influence, management as negotiating and bargaining
– structure as coalitions
– stakeholder view
• strengths and weaknesses of the classical, behavioural and political approaches
• systems/contingency
– adapting management and organisational approaches to circumstances

managing change
• nature and sources of change in business
– external influences — the changing nature of markets; economic, financial, geographic, social, legal, political and technological developments
– internal influences — effects of accelerating technology including
e-commerce, new systems and procedures, new business cultures

– structural responses to change — outsourcing, flat structures, strategic alliances and networks
• reasons for resistance to change
– financial costs — purchasing new equipment, redundancy payouts, retraining, reorganising plant layout
– inertia of managers, owners
– cultural incompatibility in mergers/takeovers
– staffing — de-skilling, acquiring new skills, loss of career prospects/promotional opportunities
• managing change effectively
– identifying the need for change
– setting achievable goals
– creating culture of change (encouraging teamwork approach using change agents)
– change models — force-field analysis, Lewin’s unfreeze/change/refreeze model

change and social responsibility
• ecological sustainability, quality of working life, technology, globalisation/
managing cultural diversity, e-commerce.




Here you go, hope it helps :)
If not feel free to pm me
 
Joined
Jan 26, 2009
Messages
270
Gender
Male
HSC
2009
Content: Business Studies HSC Course

9.1 HSC topic 1: Business Management and Change


20% of indicative time

The focus of this topic is to examine the nature and responsibilities of management within a changing business environment from a theoretical and practical perspective.

Outcomes

The student:
H2.1 describes and analyses business functions and operations and their impact on business success
H3.1 explains management theories and strategies and their impact on business
H3.2 evaluates the effectiveness of management in the organisation and operations of business and its responsiveness to change
H3.3 analyses the impact of management decision-making on stakeholders
H4.1 critically analyses the social and ethical responsibilities of management
H4.2 evaluates management strategies in response to internal and external factors
H5.1 selects, organises and evaluates information and sources for usefulness and reliability
H5.3 communicates business information, ideas and issues, using relevant business terminology and concepts in appropriate forms.

Content

Students learn to:

use existing business case studies to investigate and communicate ideas and issues related to business management and change. The focus of these case studies will be to:
• analyse how management theories apply to various business situations
• explain and evaluate how change is managed in one or more businesses.

Students learn about:

the nature of management
• the importance of effective management
• management roles
– interpersonal, informational, decisional
• skills of management
– people skills, strategic thinking, vision, flexibility and adaptability to change, self-managing, teamwork, complex problem-solving and decision-making, ethical and high personal standards
• responsibility to stakeholders; reconciling conflicts of interest


understanding business organisations with reference to management theories
• classical-scientific
– management as planning, organising and controlling
– hierarchical organisational structure based on division of labour
– autocratic leadership style
• behavioural
– management as leading, motivating, communicating
– flat organisational structure, teams
– participative/democratic leadership style
• political
– uses of power and influence, management as negotiating and bargaining
– structure as coalitions
– stakeholder view
• strengths and weaknesses of the classical, behavioural and political approaches
• systems/contingency
– adapting management and organisational approaches to circumstances

managing change
• nature and sources of change in business
– external influences — the changing nature of markets; economic, financial, geographic, social, legal, political and technological developments
– internal influences — effects of accelerating technology including
e-commerce, new systems and procedures, new business cultures
– structural responses to change — outsourcing, flat structures, strategic alliances and networks
• reasons for resistance to change
– financial costs — purchasing new equipment, redundancy payouts, retraining, reorganising plant layout
– inertia of managers, owners
– cultural incompatibility in mergers/takeovers
– staffing — de-skilling, acquiring new skills, loss of career prospects/promotional opportunities
• managing change effectively
– identifying the need for change
– setting achievable goals
– creating culture of change (encouraging teamwork approach using change agents)
– change models — force-field analysis, Lewin’s unfreeze/change/refreeze model

change and social responsibility
• ecological sustainability, quality of working life, technology, globalisation/
managing cultural diversity, e-commerce.



Here you go, hope it helps :)
If not feel free to pm me

lol you couldve just linked him to the syllabus- but gud enough. :spzz:
 

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