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Big Time BS
Teachers
1: Content Mastery
Study Cards
Syllabus Recall
2: Applying Business Theory
Business Studies Madness
Business Case Studies
3: Writing and Exams
NESA Directive Terms
Prelim Exam Writing - Short Response
Prelim Exam Writing - Business Reports
HSC Exam Writing - Short Response
HSC Exam Writing - Business Reports
HSC Exam Writing - Extended Response
Access all HSC Exams and Marking Guidelines
Preliminary Textbook
The Nature of Business
The Role of Business
Classifying Business
Size
Geographic Spread
Industry Sector
Legal Structure
Unincorporated Businesses
Incorporated Businesses
Factors Influencing Legal Structure
Influences on Business Environment
External Influences
Economic
Financial
Geographic
Social
Legal
Political
Institutional
Technological
Competitive Situation
Markets
Internal Influences
Products
Location
Resources
Management
Business Culture
Stakeholders
Business Life Cycle
Establishment
Growth
Franchising
Maturity
Post-Maturity
Factors Contributing to Decline
Business Cessation
Voluntary Cessation
Involuntary Cessation
Students learn to... Nature of Business
Contemporary Business Issues
Global Expansion of Aussie Business
Global Business Entering Australia
Growth in Services Sector
Stakeholder Issues - Liquidation
Hypothetical and Actual Businesses
Business Management
The Nature of Management
Features of Effective Management
Skills of Management
Reconciling Stakeholder Interests
Achieving Business Goals
Financial Goals
Social and Environmental Goals
Staff Involvement
Management Approaches
Classical Approach
Scientific Management
Bureaucratic Management
Planning, Organising and Controlling
Autocratic Leadership Style
Behavioural Approach
Teams
Leading, Motivating and Communicating
Democratic Leadership Style
Contingency Approach
Management Process
Coordinating Key Business Functions
Operations Management
Goods and/or Services
The Production Process
Quality Management
Marketing Management
Identifying the Target Market
Marketing Mix - 7Ps
Financial Management
Cash Flow Statement
Income Statement
Balance Sheet
Human Resources Management
Recruitment
Training
Maintenance
Separation
Employment Contracts
Ethical Business Behaviour
Management and Change
Responding to Internal and External Influences
Managing Change Effectively
Students learn to... Business Management
Contemporary Business Issues
Hypothetical and Actual Businesses
Business Planning
Small to Medium Enterprises
Role and Economic Contribution of SMEs
Success and Failure of SMEs
Influences Establishing an SME
Personal Qualities
Sources of Information
Business Idea and Competition
Establishment Options
Market Considerations
Finance - Sources and Costs
Legal Considerations
Human Resources - Skills and Costs
Taxation - Federal, State and Local Rates
The Business Planning Process
Sources of Planning Ideas - SWOT
Vision Statements
Business Goals - Strategic, Tactical, Objectives
Organising Resources
Forecasting
Total Revenue and Total Cost
Break-even Analysis
Cash Flow Projections
Monitoring and Evaluations
Monitoring Sales, Budgets, Profit
Taking Corrective Action
Critical Issues in Business Success and Failure
Importance of a Business Plan
Management - Staffing and Teams
Trend Analysis
Sustaining Competitive Advantage
Avoiding Over-extension of Finance and Resources
Using Technology
Economic Conditions
Students learn to... Business Planning
Contemporary Business Issues
Hypothetical and Actual Businesses
Prepare a Small Business Plan
HSC Textbook
Operations
Role of Operations
Strategic Goals - Cost Leadership
Strategic Goals - Differentiation
Interdependence - Operations
Influences on Operations
Globalisation
Technology - Influence
Quality Expectations
Cost-Based Competition
Government Policies
Legal Regulation - Operations Influence
Environmental Sustainability
Corporate Social Responsibility
Compliance Vs Ethical Responsibility
Operations Process
Inputs
Transformed Inputs
Transforming Inputs
Transformation Process
4Vs - Influences on Operations Process
Technology - Transformation Process
Task Design - Transformation Process
Layout
Sequencing and Scheduling
Monitor, Control and Improve
Output
Customer Service and Warranties
Operations Strategies
Performance Objectives
New Product / Service Design and Development
Supply Chain Management
Outsourcing - Operations Strategy
Technology - Operations Strategy
Inventory Management
Quality Management - Operations Strategy
Overcoming Resistance to Change
Global Factors
Students learn to... Operations
Contemporary Business Issues - Operations
Hypothetical and Actual Businesses - Operations
Finance
Role of Financial Management
Strategic Objectives of Financial Management
Profitability
Growth
Efficiency
Liquidity
Solvency
Short and Long Term Objectives
Interdependence - Finance
Influences on Financial Management
Internal Sources of Finance
External Sources of Finance
Debt - Short Term
Debt - Long Term
Equity - Ordinary Shares
Equity - Private Equity
Financial Institutions
Governmental Influences
Global Market Influences
Financial Management Processes
Planning and Implementing
Debt Vs Equity - Advantages and Disadvantages
Matching Principle
Monitoring and Controlling - Three Financial Statements
Cash Flow Statement - HSC
Income Statement - HSC
Balance Sheet - HSC
Financial Ratios
Liquidity - Current Ratio
Gearing - Debt-to-Equity Ratio
Profitability - Gross Profit Ratio
Profitability - Net Profit Ratio
Profitability - Return on Equity Ratio
Efficiency - Expense Ratio
Efficiency - Accounts Receivable Turnover Ratio
Comparative Ratio Analysis
Limitations of Financial Reports
Ethical Issues Relating to Financial Reports
Financial Management Strategies
Cash Flow Management
Working Capital Management
Control of Current Assets
Control of Current Liabilities
Leasing
Sale and Lease-back
Profitability Management
Cost Controls
Revenue Controls
Global Financial Management
Exchange Rates
Interest Rates
Methods of International Payment
Hedging and Derivatives
Students learn to... Financial Management
Contemporary Business Issues - Financial Management
Hypothetical and Actual Businesses - Financial Management
Marketing
Role of Marketing
Interdependence - Marketing
Approaches - Production, Sales, Marketing
Types of Markets
Influences on Marketing
Factors Influencing Consumer Choice
Psychological
Socio-cultural
Economic - Influence Consumer Choice
Governmental - Influence Consumer Choice
Consumer Laws
Deceptive and Misleading Advertising
Price Discrimination
Implied Conditions
Warranties
Ethical Influences on Marketing
Processes of Marketing
Situational Analysis
SWOT Analysis
Product Life Cycle
Market Research
Establish Marketing Objectives
Identifying Target Markets
Developing Marketing Strategies
Implement, Monitor and Control
Establishing a Financial Forecast
Compare Actual and Planned Results
Revise Marketing Strategies
Marketing Strategies
Market Segmentation
Product / Service Differentiation
Positioning
Product Strategies
Branding
Packaging
Price Strategies (incl methods)
Methods
Price Skimming
Price Penetration
Loss Leader
Price Points
Price / Quality Interaction
Promotion Strategies
Advertising
Personal Selling
Sales Promotions
Publicity and Public Relations
Communications Process - Word of Mouth, Opinion Leaders
Place Strategies (Distribution)
Distribution Channels
Channel Choice
Physical Distribution Issues
People, Processes and Physical Evidence
e-Marketing
Global Marketing
Global Branding
Standardisation
Customisation
Global Pricing and Positioning
Students learn to... Marketing
Contemporary Business Issues - Marketing
Hypothetical and Actual Businesses - Marketing
Human Resources
Role of Human Resources
Interdependence - Human Resources
Outsourcing - Human Resources Functions
Outsourcing - Using Contractors (Domestic and Global)
Influences on Human Resources
Stakeholders
Employers
Employees
Employer Associations
Trade Unions
Government Organisations
Legal - The Current Legal Framework
Employment Contracts
Common Law - Rights and Obligations
Minimum Employment Standards
Minimum Wage Rates
Awards
Enterprise Agreements
Workplace Health and Safety
Workers Compensation
Anti-Discrimination
Equal Employment Opportunity
Economic Influences on Human Resources
Technological Influences on Human Resources
Social Influences on Human Resources
Ethics and Corporate Social Responsibility - HR
Human Resources Processes
Acquisition
Development
Maintenance
Separation
Human Resources Strategies
Leadership Style
Job Design - General or Specific Tasks
Recruitment
Internal vs External Recruitment
General vs Specific Skills Recruitment
Training and Development - Current or Future Skills
Performance Management
Rewards
Global - Skills, Costs, Supply
Workplace Disputes
Resolution - Negotiation and Mediation
Resolution - Grievance Procedures
Resolution - Courts and Tribunals
Effectiveness of Human Resources
Benchmarking Key Variables
Quantitative Indicators
Qualitative Indicators
Students learn to... Human Resources
Contemporary Business Issues - Human Resources
Hypothetical and Actual Businesses - Human Resources
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Shop (Online)
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