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Introduction To Business QS Chapter 1 22

This document outlines the chapter objectives for a business textbook. It covers topics such as defining business and economics, different forms of business ownership, entrepreneurship, social responsibility, international business, organizing a business, production and operations management, human resources, distribution, and management information systems. The objectives focus on defining key terms, explaining concepts, comparing different approaches, and outlining important considerations within each topic area.

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Rabeya Boshri
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72 views4 pages

Introduction To Business QS Chapter 1 22

This document outlines the chapter objectives for a business textbook. It covers topics such as defining business and economics, different forms of business ownership, entrepreneurship, social responsibility, international business, organizing a business, production and operations management, human resources, distribution, and management information systems. The objectives focus on defining key terms, explaining concepts, comparing different approaches, and outlining important considerations within each topic area.

Uploaded by

Rabeya Boshri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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• CHAPTER – ONE

(FOUNDATIONS OF BUSINESS AND ECONOMICS)

1. To define the term business and state why the study of business is important?
2. To example how people form the core of business?
3. To identify four main objectives of business?
4. To example two views of profit?
5. To define the term economics and discuss three types of economic resources?
6. To identify the characteristics of a free enterprise system?
7. To distinguish between planned and mixed economic systems?
8. To identify the challenges facing business in the 1990s?

• CHAPTER – TWO
(FORMS OF BUSINESS OWNERSHIP)

1. To discuss the advantages and disadvantages of sole proprietorships?


2. To discuss the advantages and disadvantages of partnership?
3. To list the features that should be included in a written partnership contract?
4. To discuss the advantages and disadvantages of Corporations?
5. To define the term merger and identify three types of mergers?
6. To identify other incorporated forms of business?

• CHAPTER – THREE
(ENTREPRENEURSHIP, FRANCHISING, AND SMALL BUSINESS)

1. To define the term entrepreneur?


2. To identify the risks of entrepreneurship?
3. To explain the concept of franchising?
4. To compare the advantages and disadvantages of becoming a franchisee?
5. To define bscic and what is the bscic functions?
6. To describe the business plan and its purpose?
• CHAPTER – FOUR
(SOCIAL RESPONSIBILITY AND BUSINESS ETHICS)

1. To explain the meaning and importance of social responsibility?


2. To trace the evolution of the consumer movement and identify the rights of consumers?
3. To outline the responsibilities business firms have to employees?
4. To describe the impact of business decisions on the environment?
5. To explain the responsibility of firms to their investors?
6. To identify ways in which firms can advance social responsibility?
7. To list and describe factors influencing business ethics?

• CHAPTER – SIX
(INTERNATIONAL BUSINESS)

1. To understand the meaning and scope of international business?


2. 2To explain why firms become involved in international business?
3. To define the basic concepts of international business?
4. To list the various barriers to international business?
5. To identify the ways in which international business in regulated?
6. To list and describe the different approaches firms take to conduct business
internationally?
7. To explain how a firm can adapt to foreign markets?

CHAPTER – EIGHT
(ORGANISING THE BUSINESS)

1. To define the term organizing?


2. To describe formal and informal organisations?
3. To distinguish between line and staff authority?
4. To discuss centralized versus decentralized decision-making authority?
5. To identify what a manager can learn about an organisation by reviewing an organisation
chart?
6. To identify the principles of organizing?
7. To compare the advantages and disadvantages of functional, product, and territorial
structures?
8. To explain what types of structures combine to form a matrix organisation?

CHAPTER – NINE
(MANAGING PRODUCTION AND OPERATIONS)

1. To define the production and operations management function?


2. To discuss two or three critical issues facing production and operations management for
the 1990s?
3. To compare traditional company organisation with cellular organisation?
4. To describe the effects of globalization on competition and productivity?
5. To evaluate the effects of computerization on production and operations management
functions?
6. To explain the importance of productivity and quality to business?
7. To review the role of the production and operations unit in safety and environmental
concerns?

CHAPTER – ELEVEN
(MANAGING HUMAN RESOURCES)

1. To define the term human resource management (HRM)?


2. To explain why human resource planning, recruiting, and selecting are important?
3. To describe job analysis, job descriptions, and job satisfactions?
4. To explain the role of the federal government in providing equal opportunities for
employment to all Americans?
5. To discuss training and development programs for hourly and salaried employees?
6. To identify examples of direct and indirect compensation?
7. To discuss comparable worth?
CHAPTER – FIFTEEN
(DISTRIBUTION)

1. To define the term marketing channel and identify the two major types of marketing
intermediaries?
2. To explain how marketing channels are integrated integrated vertically?
3. To define wholesaling and describe the functions wholesalers perform?
4. To discuss the major considerations in retail planning?
5. To explain the role of physical distribution and identify its components?

CHAPTER – TWENTY-TWO
(COMPUTERS AND MANAGEMENT INFORMATION SYSTEMS)

1. To explain why business managers need computers in this age of information?


2. To trace the evolution of computers?
3. To identify the different types of computers and the components common to all?
4. To outline the capabilities of computers?
5. To define management information system (MIS) and explain how an MIS is used?
6. To list trends in computer development and used and in management information
systems?

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