Revision notes.

Try this with Business Management and Enterprise

1. Close your notes and write the main idea in two sentences from memory.
2. Reopen the source and correct the first mistake or omission you find.
3. Add one example and one question to test whether you can apply the idea.

View Business Management and Enterprise resources on ATARMAXXING ↗

Topics in the resource inventory

• Factors driving global business development
• Impacts of globalisation on employment, skills, technology, cooperation and domestic markets
• Tax minimisation: tax havens and transfer pricing; benefits of home grown products
• Ethics in global business decisions: environmental responsibility, outsourcing and offshore labour
• Government incentives, free trade agreements (AANZFTA, ANZCERTA) and e-commerce
• Global brands and the feasibility of entering a foreign market
• Standardisation versus adaptation of the marketing mix
• Global strategic alliances: outsourcing, acquisition, mergers, joint ventures, franchising
• Financial risk in export markets and minimisation strategies
• Innovation: role, benefits and factors affecting success
• Drivers of change, resistance, Lewin, Kotter and managing diversity
• Cultural considerations in global business practice
• Ethical practice globally: ILO labour standards, CSR and environmental sustainability
• Economic and political factors affecting global operations
• Financial institutions and internal and external sources of funding
• Legal systems and technology in global markets
• Strategic planning process: mission, environmental scan (PEST, Porter, SWOT), formulation, implementation, evaluation
• Financial ratios: liquidity, profitability and stability
• Production management, product development, quality, inventory control and technology in global marketing
• Leadership styles and traits in a cross-cultural setting