Bscom
- Created by: Marley44
- Created on: 14-05-15 13:02
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- BsCom Theory
- Aims and objectives.
- Aim: A broad statement of what a business would like to achieve over a long period of time .
- Objective: A specific target for a business to meet, which helps them to achieve their overall aim(s)
- Stakeholder
- Stakeholder: A person or group with an interest in a business
- Trade union: An organisation that employees can join, which represents their interests
- Legislation: Laws are passed to make sure that businesses are responsible
- Sustainability: Running a businesses that cares about resources it uses. For example, a business that uses a lot of paper might support a tree planting scheme
- Successful business
- Growth: The increase in size of a business's sales or profit
- Profitability: The ability of a business to make profits.
- Market share: The amount of sales a business has compared to the whole market, usually expressed as a percentage
- Cash flow: The amount of money flowing into the business from selling, and flowing out to buys materials and pay bills
- Ethics: Principles and values that influence how a business runs
- Administration
- Administration: The tasks that support the main purpose of the business and ensure that it is run effectively.
- Data: Facts and figures of any sort held by a business that can be processed to give information
- Data Processing: Dealing with data in a way that makes it more useful to the user providing information
- Data retrieval: Finding data needed as quickly and simply as possible
- Disseminate: Pass on data to those who need to use it
- Business functions
- Human resources: The business function responsible for all aspects of recruiting and retaining employees
- Objective: A specific target for a business to meet, which helps them to achieve their overall aim(s)
- Marketing: The business function for linking the business with its customers through activities such as market research, advertising and promotions
- Human resources: The business function responsible for all aspects of recruiting and retaining employees
- Health and safety
- Regulation: An official rule or law
- Display screen regulations: The official rules to protect people whose work involves using a computer
- Flexible working
- Teleworking: Using broadband connections, computers and mobile phones to work from home for some or all the week.
- Flexi-time: An arrangement where the working day has core hours that must be worked and then flexibility to work the remaining hours as the employee chooses.
- Aims and objectives.
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