Business and Management 5020 by yantingting


									    Business and
Management ITM. 5020

         By: Ms. Ananta Akkawat

            Lesson and Class Plan
W1. 24/10/2009: Overview Business and Management
    Chapter 1: Business Organization
    Chapter 2: Introduction to Management
    Plus: How to Start up a Business Plan

W2. 7/11/2009
Chapter 3: Organizational Structures
Chapter 4: Business Communications

Chapter 5: Key Management Models/Application of Number
Chapter 6: Technology in Business, Business and the Law

W4. 21/11/2009
Chapter 7: How Economics Affects Business
Chapter 8: Business and Economic Policy
W5. 28/11/2009 plus W6. 12/12/2009
 Chapter 9: Marketing Management
 Chapter 10: Marketing Research plus Consumer Behavior

W7.19/12/2009 plus W8. 20/12/2009
Chapter 11: Accounting and Finance
Chapter 12: Budgets and Break-Even Analysis

W9. 16/01/2010 plus W10. 23/01/2010
Chapter 13: Production and Operation
Chapter 14: Quality Management/Efficiency/Lean Production

W11.30/01/2010 plus W12. 06/02/2010
Chapter 15: Global Organizational Behavior
W13. 13/02/2010
Chapter 17: Purchasing Tactic and Workshop
Chapter 18: Strategic Business Change

W14. 20/02/2010
Chapter 19: Blue Ocean Strategy
Chapter 20: Re-Thinking Strategy

W15. 27/02/2010
Workshop Business Plan (on process)

W16. 6/03/2010
Business Plan Presentation
   Mid-Term            30%
   Final               30%
   Report              20%
   Quiz (2 times)      20% (10% each)

       Total            100%
    Chapter 1: Business Organization
 One decision the new business owner
  needs to make is which legal form his or
  her business will take.
 This is an especially important decision

  because it has implications for finance
  and the control of business operation.
     Types of business organization
1.   Sole Trader: Single Owner
2.   Partnership
3.   Limited liability: Company
     Distinctions between public and
            private companies
   Public                   Private
   Name: must end           Name: must end with
    with public limited       limited (LTD.)
    company (PLC)            Account: Small
   Account: Strict           Companies may
    requirements about        submit modified,
    the format of             simplified accounts
    Distinctions between public and
           private companies
   Company Auditor:       Company Auditor:
    Must be qualified       Just be qualified as
    and approved from       Business Law
    SET (Stock             Size: Usually Small
    Exchange Market)
   Size: Large
           Reasons and Method
    Going Public            Going Private
    Reasons: To raise       Reasons: To regain
     additional finance       control of the
     in order to:             business
1.   Develop new             To eliminate threat
     products                 of takeover
2.   Acquire new             To avaoid
     capital equipment        administrative
3.   Modernize                burden and costs
                              associated with SET
4.   Expand
                Reasons and Method
    Going Public                        Going Private
    Method:                             Method:
1.   Special resolution at           1.   Special resolution at
     shareholders meeting                 shareholders meeting
2.   Change memorandum and           2.   Change memorandum and
     articales of association             articles of association
3.   Submission and declaration      3.   Submission to Registrar of
     to the Registrar of                  companies
     Companies                       4.   Re-gistration
4.   Re-gistration                   5.   New Certificate of
5.   New certificate of                   incorporation
     incorporation and a
     certificate of trading issued
 Chapter 2: Intro to Management
    Management is defined as the:
1.   Art of getting things done by people
2.   Achievement of objectives via the effective
     utilization of resources
3.   Attainment of organizational goals in a
     efficient and effective manner by planning,
     organizing, leading and controlling
   What an organization is seeking to achieve?
       Mission: The organization’s purpose and direction.
       Objectives: The organization’s long-term goal

   How an organization will achieve it?
       Strategy: Long-term plans designed to achieve the mission
        and objectives
       Tactics: Short-term plans for implementing strategies
      What are the functions that
     managements should focus on?
   Production/Operation
   Marketing: at least how many Ps?
   Finance
   Accounting
   Human Resource Management
   Management Information System
   Law/Legal
 Planning
 Organizing

 Leading

 Controlling
      SPELTs = External Analysis =
      Analyze the current situation
   Sociocultural:   Demographic Trends, income
    distribution, levels of education, lifestyle, attitudes to
    work and leisure, mobility of population
   Political: Government Stability, taxation,
    government spending, industrial policy, relations with
    other countries, employment and consumer law,
    competition policy, environmental protection and
    foreign trade regulations.
             SPELTs Continue
   Economic: Inflation, unemployment, income,
    interest rates, economic growth, exchange
    rates, gold price, etc.
   Legal: Government Regulation, In-coming
   Technological: new discoveries,
    technological development, technology
    transfer, rates of obsolescence.
            SWOT Checklist =
       Internal + External Analysis
   Internal: Strength and Weakness
   External: Opportunity and Threat
                 Business Plan
   The Contents of a business plan

   Assignment

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