Food trucks, or mobile venues that sell food, are a
staple in Americas culinary landscape and have
become increasingly trendy in recent years. N
Risk, Incentives and Entrepreneurs Defined
Answer the following questions:
1. What is risk?
Risk is the possibility of suffering harm or loss, or following a course
involving uncertain danger.
2. What is incentive?
Leadership and Trust
What is a leader?
1. Provide Inspiration
Good leaders are trailblazers, making a path for others to follo
What is Entrepreneurship?
The process of starting a new business, generally
Balancing the Business
Cash flow and balance sheets
Introduction to Cash Flow
It is often said that in business "Cash is King", this is said
because cash is all important to businesses.
Change is an organisational reality and at
some point all managers will have to make
changes in their workplace . This is
organisational change (OD)
What is Change?
Alterations in structure
Alterations in technology
Organizational Design and
When managers develop or change
the organisations structure
Defining organisational structure and design
The formal arrangement of jobs within an organisation.
Foundations of Planning
The primary management function as it
establishes the basis for all the other things
a manager does - organise, lead and
What is planning?
Planning encompasses:* Defining the organisations objectives or goals
The Management Environment
Organisations that are too bound by
tradition and dont change are less likely
to survive in todays turbulent world
What is the External Environment ?
Factors , forces, situations and events outside
the organisation that affect i
Principles of Business
Course overview and Topic 1 . What
is management and who are
To understand the relationships between the
different areas of a business
To understand the structures and functions of
each of th