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VCE Business Management

VCE · VCAABusiness Studies803 cards

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Flashcards for VCE Business Management Units 3 and 4 (VCAA study design 2023-2027), split by unit and then by area of study in the study design's order, with larger areas divided into topics. Covers business foundations, human resource management, operations management, reviewing performance and implementing change.

Adding it gives you your own copy, with every subdeck below. Each card then comes back just before you would forget it, and every one you get right or wrong counts towards your mastery of its topic. You can delete or suspend the parts you are not studying once it is yours.

What is inside (41 subdecks)

  • Unit 3 Managing a business518 cards
    • 1. Business foundations149 cards
      • Business objectives21 cards
      • Corporate culture11 cards
      • Management skills27 cards
      • Management styles30 cards
      • Stakeholders18 cards
      • Types of businesses42 cards
    • 2. Human resource management207 cards
      • Human resource management and objectives10 cards
      • Lawrence and Nohria's Four Drive Theory16 cards
      • Locke and Latham's Goal Setting Theory13 cards
      • Maslow's Hierarchy of Needs19 cards
      • Motivation strategies41 cards
      • Performance management24 cards
      • Termination25 cards
      • Training18 cards
      • Workplace relations41 cards
    • 3. Operations management162 cards
      • Corporate social responsibility and global considerations24 cards
      • Materials23 cards
      • Quality23 cards
      • Technology33 cards
      • The operations system24 cards
      • Waste and lean management35 cards
  • Unit 4 Transforming a business285 cards
    • 1. Reviewing performance: the need for change132 cards
      • Business change19 cards
      • Driving forces for change13 cards
      • Key performance indicators59 cards
      • Lewin's Force Field Analysis14 cards
      • Porter's Generic Strategies18 cards
      • Restraining forces on change9 cards
    • 2. Implementing change153 cards
      • Corporate culture and the learning organisation24 cards
      • Corporate social responsibility and reviewing KPIs12 cards
      • Effect of change on stakeholders9 cards
      • Employee resistance to change33 cards
      • Leadership in change management10 cards
      • Lewin's Three-step Change Model16 cards
      • Strategies to manage change49 cards

Some of its cards

  • How can a business develop its corporate culture?
    By leaders modelling the values and rewarding behaviour that fits them
  • A model of change that has three steps: unfreeze, change and refreeze
    Lewin's Three-step Change Model
  • Waste minimisation
    Strategies that cut the amount of waste created in production
  • The shared values, beliefs, attitudes and behaviours of the people in a business
    Corporate culture
  • Developing an employee's skills and knowledge to do a job better
    Training
  • Who developed the Four Drive Theory?
    Paul Lawrence and Nitin Nohria
  • Stakeholder
    A person or group that has an interest in a business and can affect it or be affected by it
  • How can owners be a driving force for change?
    They may demand higher returns or a new direction
  • How can change affect the owners of a business?
    It may cost money in the short term, and raise or lower returns later
  • What are the strategies that manage materials in operations?
    Forecasting, then a master production schedule, then materials requirement planning, and Just in Time

And 793 more once you add the deck.