OB WEEK 4
Fatalists reason that as they are all highly constrained by rules and by circumstances, fate has a big
part to play in what happens to them. But because they feel no affiliation to others (having no we
feelings) they tend to reason (with themsel
Introduction to accounting lecture: Week 4
1. Compare and contrast the relationship between financial accounting and
2. Explain why cost accounting is needed for there to be an effective management
Introduction to Accounting Week 3
1. Describe some of the deficiencies of financial accounting
2. Explain why management need more than just financial figures
3. Relationship between business size and information need
4. Information s
Introduction to accounting Week 5
Explain what a budget is and how budgets are related to the strategic objectives and
strategic plans of a business
Discuss the budgeting process and the links amongst the various budgets within an
ability or capacity to do something
(often plural) a specific ability, capacity, or faculty
political, financial, social, etc, force or influence
control or domin
What Grid-Group Cultural Theory might offer to Designers
High External Regulation (Grid)
Fatalistic Thought-Style reasons:
If it aint broke, dont fix it
It does not make any difference
who you vote forLife is a
Aligning Structure, Leadership Style,
Socio-Technical System and
No One Best Way, but a particular way that suits
If the environment is predictable and unchanging,
then a mechanical organisation st
Picturing Thought Styles
Above all else, Fatalists prioritise their own survival. Fatalists keep their thoughts to
themselves, keep their heads down, stay out of the line of fire, keep themselves to
themselves and for this reason their way of thinking (wh
A Market Structure Term
It is traditional to divide industries into categories according to the degree of
competition that exists between the firms within the industry. The market structure under
which a firm operates will determine its behaviour. Market
Super fast hands.
Kia Sportage. Slovakia
LAST WEEK 4
Equilibrium price and output
response to shortages and surpluses
shortage (D > S)
surplus (S > D)
significance of equilibrium S = D.
EQUILIBRIUM PRICE AND
Features of the four market structures
faced by firm
International Trade Theories
MG1054 Week 11 Lecture 9
Annual growth in volume of
world exports (goods and services) and GDP
Annual 4% change
Average export growth
Average GDP growth
Source: based on data in
fridges Bangladesh & S Asia.
REVIEW OF DEMAND +.
determinants of demand
(Own ) Price.
Income (Y): As income rise, demands for
most goods will rise.
Price of Related Goods (R).
(price of substitute goods. price o
MG1054. INTERNATIONAL BUSINESS ENVIRONMENT
Monopolistic competition &
Features of the four market structures
INFINITELY ELASTIC DEMAND (PD = ).
(HORIZONTAL OVER A
(% CHANGE Q/%CHANGE P = E)
RANGE OF OUTPUTS)
THE PREVIOUS SLIDE REPRESENTS THE MARKET
DEMAND CURVE FOR AN INDIVIDUAL FIRM UNDER
Individual firm can sell as muc
Environment of Business.
MG1054 Lecture 8; week 10.
The study of individual units; e.g.
households, firms and industries.
The study of aggregates; (grand totals).
1) How are market prices determined and when are they likely to rise or fall?
A firm is greatly affected by its market enviorment. The more competitive the market, the less
discrestion the firm has in determining its price. In the extreme case of a perfec
1. What is the meaning of Opportunity Costs?
Opportunity costs: Cost measured in terms of the next best alternative forgone.
E.G. If a car manufacture can produce 10 small saloon cars with the same amount of inputs as it takes to
produce 6 large saloon ca
1: Explain the difference between the terms International Business & Globalization.
International business: all commercial transactions between parties in two or more countries
The international business environment is more complex and diverse than the
MG1016 Managing Information with Technology
Managing Information with Technology: Using Technology
Introduction to Hardware
Hardware: The CPU & Storage. How to choose a multimedia computer system
4.1 Microchips, Miniatu
MANAGING TEAM WORK
GROUPS AND TEAMS AND PERFORMANCE
Teams are the backbone of organizations because of the system effect: each group is
affected by at least one other group and each department affects the performance of the
total organization. In this sec
Accessing Electronic Resources in Business and Management Databases
Human resource management
What is HRM?
HRM includes anything and everything associated with the management of employment
relationships in the firm.
Human resource management is a distinctive approach to employment management which
seeks to achieve co