Jacaranda Business Studies in Action Preliminary Course 5E eBookPLUS & Print
| Author(s): | Chapman |
| ISBN: | 9780730356394 |
| Pub date: | September 2018 |
| RRP: | $89.95 |
Jacaranda Business Studies in Action Preliminary Course 5e Print & eBookPLUS
This combined print and digital title provides rigorous adherence to the Business Studies Stage 6 Syllabus, including greater emphasis on learn tos as well as learn abouts. This series is the trusted market leader, updated with new content and real-world case studies to engage students of all abilities and help them achieve exam success.
The new edition of Jacaranda Business Studies in Action Preliminary Course includes these key updates:
• Topical and interesting case studies that reflect real world business practice, including examples from Atlassian and Topshop, and visionary leaders such as Elon Musk and Jeff Bezos.
• Current issues in business such as the impact of technology on the workplace, companies as environmental activists and the continued importance of sustainability.
• Many new and interesting business examples from a range of companies, such as Visy, Fonterra Investorist, Polasports, Pennicott Wilderness Journeys, Etiko and Oxfam.
An access code for the eBookPLUS comes free on the inside cover of your printed text, so you can make the most of both the print and digital formats.
How to use this book vi
About eBookPLUS viii
About the authors ix
Acknowledgements x
Topic 1 Nature of Business 2
1 Role of business 4
1.1 Introduction 4
1.2 The nature of a business 6
1.3 Other functions of business 9
2 Types of businesses 20
2.1 Introduction 20
2.2 Classification by size 21
2.3 Classification by geographical spread 23
2.4 Classification by industry sector 28
2.5 Classification by legal structure 33
2.6 Types of companies 37
2.7 Factors influencing choice of legal structure 44
3 Influences in the business environment 48
3.1 Introduction 48
3.2 Business environment 48
3.3 External influences 49
3.4 Internal influences on business 70
3.5 Stakeholders 81
4 Business growth and decline 86
4.1 Introduction 86
4.2 Business life cycle — stages and responding to challenges 89
4.3 Factors that can contribute to business decline 103
4.4 Voluntary and involuntary cessation 105
Topic 2 Business Management 116
5 Nature of management 118
5.1 Introduction 118
5.2 The features of effective management 122
5.3 Skills of management 123
6 Achieving business goals 144
6.1 Introduction: What are goals? 144
6.2 Business goals 147
6.3 Achieving a mix of business goals 157
6.4 Staff involvement 160
7 Management approaches 168
7.1 Introduction 168
7.2 Classical approach to management 169
7.3 Behavioural approach to management 182
7.4 Contingency approach to management 193
7.5 Compare and contrast approaches to management 195
8 Management process 198
8.1 Introduction 198
8.2 Different ways of coordinating key business functions for a SME 200
8.3 Operations 202
8.4 Marketing 217
8.5 Finance 234
8.6 Human resources 254
8.7 Ethical business behaviour 282
9 Management and change 290
9.1 Introduction 290
9.2 What is organisational change? 291
9.3 Responding to internal and external influences 294
9.4 Managing change effectively 299
Topic 3 Business Planning 316
10 Small to medium enterprises (SMEs) 318
10.1 Introduction 318
10.2 Definition of SMEs 319
10.3 The role of SMEs 322
10.4 Economic contribution of SMEs 323
10.5 Success and/or failure of SMEs 329
11 Influences in establishing a small to medium enterprise 336
11.1 Introduction 336
11.2 Personal qualities 336
11.3 Sources of information 348
11.4 The business idea 352
11.5 Establishment options 356
11.6 Market considerations 364
11.7 Finance 371
11.8 Legal considerations and influence of government on SMEs 377
11.9 Human resources 382
11.10 Taxation 387
12 The business planning process 394
12.1 Introduction 394
12.2 Business planning process 398
12.3 Sources of planning ideas 401
12.4 Vision, goals and/or objectives 403
12.5 Organising resources 410
12.6 Forecasting 414
12.7 Monitoring and evaluating 417
12.8 Taking corrective action — modification 424
13 Critical issues in business success and failure 430
13.1 Introduction 430
13.2 Importance of a business plan 430
13.3 Management — staffing and teams 432
13.4 Trend analysis 437
13.5 Identifying and sustaining competitive advantage 439
13.6 Avoiding overextension of financing and other resources 444
13.7 Using technology 445
13.8 Economic conditions 448
Topic 3 Suggested assessment tasks 451
Appendix 457
Glossary 462
Index 470
