Cheat sheet Partial 1

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Cheat sheet Partial 1 por Mind Map: Cheat sheet Partial 1

1. Unit 1.3

1.1. Organisational objectives

2. Vission and mission statement

2.1. A mission statement is why a organisation exist, what are their goals

2.2. A mission statement is what the organisation would like to achive

3. Aims, objectives, strategies and tactics

3.1. Corporates aims are the core of a business's activity

3.2. Operational objectives help to direct, control and review the success of business activity, they have to be SMART

3.2.1. Specific Measurable Achievable Realistic and relevant Time-specific

3.3. Strategies are a long-term plan action for the whole organisation, desaign to achieve a particular goal

3.4. Tactics are a short-term policy or decision aimed at resolving a partcular probleam or meeting a specific part of the overall strategy

4. Ethical objectives

4.1. Goals based on codes of behaivor that allow the company to offer a socal environment benefit

5. Stakeholder

5.1. People are groups of people who can be affected by and therefore have interest in any action by an organization

5.1.1. Internal are employees, managers and shareholders

5.1.2. External are customers, supplies, government, banks and other creditors

6. Corporate social responsibility

6.1. This concept applies to those business that consider the interests of society project you respond salary of the impact of your decision and activity funky stermers employees communities and environment

7. Social audit

7.1. Independent report on the impact of business has on society, this can cover pollution levels, health and safety record sources of supplies and consumer satisfaction and contribution of the community

8. SWOT analysis

8.1. A form of strategic analysis that identifies an analyses the main internal strengths and weakness and external opportunities that will influence future direction and the success of a business

9. Ansoff’s matrix

9.1. Used to show the degree of risk associated with the four growth strategies of market penetration, market development, product development and diversification

10. Unit 1.4

10.1. What is a stakeholder?

10.1.1. A stakeholder is everyone who is interested and affected by your business

10.1.2. 2 types of stakeholders

10.1.2.1. Internal

10.1.2.1.1. -Employees

10.1.2.1.2. -Managers

10.1.2.1.3. -Shareholders

10.1.2.2. External

10.1.2.2.1. Customers

10.1.2.2.2. Suppliers

10.1.2.2.3. Government

10.1.2.2.4. Banks and creditors

10.1.3. Conflicts between Stakeholders

10.1.3.1. Interest

10.1.3.1.1. Positive

10.1.3.1.2. Negative

11. Unit 1.1

11.1. What is a business?

11.1.1. Organization that uses resources to meet the need's of the customers

11.2. What is the role of a business?

11.2.1. Identify the needs of the customers or other firms

12. Business out and inputs

12.1. Inputs

12.1.1. Are the human, physical, financial resources needed to produce good's or services.

12.2. Outputs

12.2.1. Good's and services that satisfy consumer's need's

13. Business functions

13.1. Human resources management

13.1.1. Identify the workforce need's

13.2. Marketing

13.2.1. Its research and analysing result of research to identify customer need's

13.3. Finance and accounts

13.3.1. Monitoring the flow of finance in and out of the business

13.4. Operations Management

13.4.1. Ensuring that adequate resources are available for production

14. Economic Sectors

14.1. Primary

14.1.1. The direct use of natural resources

14.2. Secondary

14.2.1. Manufacturing and process products from natural resources

14.3. Tertiary

14.3.1. Firms that provides services to costumers and other businesses such as transport

14.4. Quarternary

14.4.1. Focused in information technology businesses and information service

15. Changes in economical sectors

15.1. The importance of each economic sector in a country i always changing, Its importance is measured in terms of employee levels

15.2. Why start a business?

15.2.1. Here are some reasons: Losing a job,Desire for independence , a wish to make more money etc etc

16. Entrepreneur

16.1. Someone who starts a new business

16.2. Intrapreneur

16.2.1. Someone who develops a product or service within in a company

17. Business Plan

17.1. A document that decribes bussiness's future objetives, strategies, the market and its financial forecasts

18. Unit 1.2

18.1. What is the distinction between private and public sector?

18.1.1. private its the one made by any kind of person (by the people for the people)

18.1.2. public its suported by the governement

19. Types of business organization

19.1. Public sector

19.1.1. Government corporations

19.1.2. Government organizations

19.2. Private sector

19.2.1. Sole traiders

19.2.2. partnerships

19.2.3. Ltd-Privated limited company

19.2.4. PLC-public limited company

19.2.5. Non governmental organizations

20. Examples of bussiness organisation

20.1. Public corporations

20.1.1. IMS

20.2. Private Sole trader

20.2.1. Hairdresser

20.3. Private partnership

20.3.1. AMESP

20.4. Private limited company

20.4.1. Lianza

20.5. Non-profit social enterprise

20.5.1. UNICEF