Lecture 2 notes Sept 20

Lecture 2 notes Sept 20 - The Business 111/121 Course Model...

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The Business 111/121 Course Model (continued) o Stakeholders Definition Primary and Secondary Stakeholders The Business/Stakeholder Relationship Mutual Dependency Legitimate Expectations Consequences of Not Meeting Expectations o Management’s Primary Objective o The External Business Environment Characteristics o The Internal Business Environment Four Key Areas o The Process of Management o Tasks of Any Manager The Economic Environment Canadian Capital Markets o Definition: Capital Markets o Users of Capital o Suppliers of Capital Financial Intermediaries: Definition o Securities: Definition o Internal vs. External Financing
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o Overview of the Canadian Financial System Investments: Definition o Why Invest? o Defining Characteristics of Any Investment Safety of Principal (RISK) Income Producing Capacity: Dividends/Interest Growth (Capital Gains)
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Management’s Primary Objective o To devise and implement strategies that will allow the organization to achieve the critical success factors in a manner that meets legitimate stakeholder expectations o In attempting to achieve this primary objective all managers must be able to analyze two different sets of environmental factors
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This note was uploaded on 05/08/2011 for the course BUS 111 taught by Professor Jimmccutcheon during the Fall '09 term at Wilfred Laurier University .

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Lecture 2 notes Sept 20 - The Business 111/121 Course Model...

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