Jacaranda Business Studies in Action Preliminary course 5e eBookPLUS & Print (Business Studies in Action Series)

Title page Copyright page Contents How to use this book About the authors Acknowledgements TOPICS TOPIC 1 Nature of business CHAPTER 1 Role of business 1.1 Introduction 1.2 The nature of a business 1.3 Other functions of business CHAPTER 2 Types of businesses 2.1 Introduction 2.2 Classification by size 2.3 Classification by geographical spread 2.4 Classification by industry sector 2.5 Classification by legal structure 2.6 Types of companies 2.7 Factors influencing choice of legal structure CHAPTER 3 Influences in the business environment 3.1 Introduction 3.2 Business environment 3.3 External influences 3.4 Internal influences on business 3.5 Stakeholders CHAPTER 4 Business growth and decline 4.1 Introduction 4.2 Business life cycle — stages and responding to challenges 4.3 Factors that can contribute to business decline 4.4 Voluntary and involuntary cessation TOPIC 1 Suggested assessment tasks TOPIC 2 Business management CHAPTER 5 Nature of management 5.1 Introduction 5.2 The features of effective management 5.3 Skills of management CHAPTER 6 Achieving business goals 6.1 Introduction: What are goals? 6.2 Business goals 6.3 Achieving a mix of business goals 6.4 Staff involvement CHAPTER 7 Management approaches 7.1 Introduction 7.2 Classical approach to management 7.3 Behavioural approach to management 7.4 Contingency approach to management 7.5 Compare and contrast approaches to management CHAPTER 8 Management process 8.1 Introduction 8.2 Different ways of coordinating key business functions for a SME 8.3 Operations 8.4 Marketing 8.5 Finance 8.6 Human resources 8.7 Ethical business behaviour CHAPTER 9 Management and change 9.1 Introduction 9.2 What is organisational change? 9.3 Responding to internal and external influences 9.4 Managing change effectively TOPIC 2 Suggested assessment tasks TOPIC 3 Business planning CHAPTER 10 Small to medium enterprises (SMEs) 10.1 Introduction 10.2 Definition of SMEs 10.3 The role of SMEs 10.4 Economic contribution of SMEs 10.5 Success and/or failure of SMEs CHAPTER 11 Influences in establishing a small to medium enterprise 11.1 Introduction 11.2 Personal qualities 11.3 Sources of information 11.4 The business idea 11.5 Establishment options 11.6 Market considerations 11.7 Finance 11.8 Legal considerations and influence of government on SMEs 11.9 Human resources 11.10 Taxation CHAPTER 12 The business planning process 12.1 Introduction 12.2 Business planning process 12.3 Sources of planning ideas 12.4 Vision, goals and/or objectives 12.5 Organising resources 12.6 Forecasting 12.7 Monitoring and evaluating 12.8 Taking corrective action — modification CHAPTER 13 Critical issues in business success and failure 13.1 Introduction 13.2 Importance of a business plan 13.3 Management — staffing and teams 13.4 Trend analysis 13.5 Identifying and sustaining competitive advantage 13.6 Avoiding overextension of financing and other resources 13.7 Using technology 13.8 Economic conditions TOPIC 3 Suggested assessment tasks Appendix: Understanding Key Process Verbs Glossary Index This fifth edition of the best-selling textbook builds on the excellence of previous editions, providing up-to-date and engaging content for the 2010 Stage 6 Preliminary Business Studies syllabus for New South Wales. Completely updated to address current business issues, this title gives students authoritative content and high-interest, real-life examples. These are matched with focused activities and questions to lay the foundation for the demands of the HSC year. Key features include: new case studies and BizFacts with fully updated data and statistics; content from expert authors, led by Stephen Chapman, ensuring clear explanations and comprehensive coverage of syllabus content; colour-coded HSC 'key process verbs' used in graded questions throughout; and visual stimuli such as mind maps, flow charts and graphs to help break down complex theories and ideas. The resource includes: student text, available in digital (eBookPLUS) and print formats; and eGuidePLUS for the teacher with answers to all questions in the textbook