a86012 management and principles of accoun:ng (2017/2018)
TRANSCRIPT
A86012ManagementandPrinciplesofAccoun:ng(2017/2018)
Session4ReviewSession
PaulG.SmithB.A.,F.C.A
SESSIONOBJECTIVES&OVERVIEW
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CourseOverview1.Whatisbusiness 14.Accoun:ngglossary
2.Typesofbusiness 15.Introduc:ontofinancialaccoun:ng
3.Management 16.Accoun:ngforbusinesstransac:ons
4.Reviewsession1 17.Recordingtransac:ons,journalandledger
5.Marke:ng 18.Recordingowner’scontribu:ons&financing
6.Marke:ngstrategy 19.Reviewsession
7.Reviewsession2 20.Recordinglong-livedassetsandinvestments
8.Opera:ons 21.Recordingpurchases
9.Finance 22.Reviewsession
10.Financialmanagement 23.Recordingsalesandemployeecompensa:on
11.Humanresources 24.Adjus:ngandclosingentries
12.Reviewsession 25.Adjus:ngandclosingentries…con:nued
13.Exam 26.Casesandexercises
27.Exam3A86012ManagementandPrinciplesof
Accoun:ng
PGS
SG
PT
SessionObjec:vesAttheendofthissessionstudentswillhaveconsolidatedtheirunderstandingofwhatabusinessis;theimportanceofbusinessethicsandcorporatesocialresponsibilityinaninterna9onalmarketeconomy.Studentswillalsobeabletoar9culatethedifferentop9onsfororganizingabusinessandappreciatetheadvantages/disadvantagesofthese.Theywillalsobeabletoar9culatewhataBusinessPlanshouldcontain.Attheendofthissessionstudentswillalsohaveconsolidatedtheirabilitytodescribethekeyfunc9onsofmanagementandtheskillsandcompetenciesrequired,theirapprecia9onoftheimportanceoforganiza9onalculture,organiza9onalstructuresandcorporategovernance.Theywillbeabletoar9culatethedifferencebetweenstrategicplans,businessplansandbudgetsthedis9nc9onbetweenvisionorpurposeandmissionandobjec9ves.
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OverviewofSession4
• ReviewassignmentsEurope’sTopCompanies– Researchassignment1
• Businessandbusinessmodelandloca:ons• SustainabilityandCorporateSocialResponsibility
– Researchassignment2• Imaginarystartupbusiness• BusinessPlanOutline
– ResearchAssignment3• Organiza:on,management&governance• Purpose,vision,values,missionandstrategy
– Ac:veReviewCardsChapters1-7
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Session4OverviewMins
Sessionobjec:vesandoutline 5
Recapofkeypointsfromsession3–Management 10
Researchassignment1–Europe’sTopCompanies:• Businessandbusinessmodel• SustainabilityandCorporateSocialResponsibility
25
Researchassignment2–BusinessPlanoutline 25
ResearchAssignment3–Europe’sTopCompanies• Organiza:on,management&strategy• Purpose,vision,values,missionandstrategy
25
Ac:vereviewcards–Chapters1-7 30
Requiredreadingandresearch 5
Overviewofsession5-Marke:ng 5
Summaryandvalida:on 5
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RECAPOFSESSION3-MANAGEMENT
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Session3Recap• Whatarethefunc:onsofmanagement?Describethese
• Whatarethedifferentlevelsofmanagementandhowdotheydiffer?
• Whatarethedifferentwaysinwhichthemanagementfunc:oncanbeorganized?
• Whatisthedifferencebetweenastrategicplan,abusinessplanandabudget?
• WhatisthedifferencebetweenVision,purposeandmission?
• WhatisCorporateGovernanceandwhyisthisnecessary?
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RESEARCHASSIGNMENT1
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ResearchAssignment1–Europe’sTopCompanies
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1. BusinessandBusinessModel2.SustainabilityandCorporateSocialResponsibility
RESEARCHASSIGNMENT2
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ResearchAssignment2
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BusinessPlanOutline
BusinessPlanSupport
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Big4
Banks Others
RESEARCHASSIGNMENT3
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ResearchAssignment3–Europe’sTopCompanies
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1. Organiza:on,Management&Governance
2.Purpose,Vision,Values,Mission&Strategy
ACTIVEREVIEWCARDS
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Ac:veReviewCards
• Chapter1TheDynamicsofBusinessandEconomics• Chapter2BusinessEthicsandSocialResponsibility• Chapter3BusinessinaBorderlessWorld• Chapter4Op:onsforOrganizingBusiness• Chapter5SmallBusiness,EntrepreneurshipandFranchising
• Chapter6TheNatureofManagement• Chapter7Organiza:on,TeamworkandCommunica:on
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REQUIREDREADINGANDRESEARCHASSIGNMENTS
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RequiredReadingandresearchassignments
• Reading– MBusiness
• Chapters1–7• Exercises
– MBusiness• TestBankQues:onsChapters1-7• Ac:veReviewCardsChapters1-7
• ResearchAssignments– 1.BusinessandBusinessModel– 1.SustainabilityandCorporateSocialResponsibility(CSR)– 2.BusinessPlanOutline– 3.Organiza:on,ManagementandGovernanceStructure3.Purpose,vision,values,missionandstrategy
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OverviewSession5-Marke:ng
• Thenatureofmarke:ng–thefunc:onsofmarke:ng,crea:ngvalue,themarke:ngconcept
• Developingamarke:ngstrategy–targetmarket,marke:ngmix
• Marke:ngresearchandinforma:onsystems• Buyingbehaviour-Psychologicalvariables,socialvariables
• Themarke:ngenvironment• Themarke:ngplan
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SESSIONSUMMARYANDVALIDATION,OVERVIEWSESSION4
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Sessionsummary
• BusinessandBusinessModels• SustainabilityandCorporateSocialResponsibility
• BusinessPlanOutline• Organiza:on,Management&Governance• Purpose,Vision,Values,MissionandStrategy• Ac:veReviewCardsChapters1-7
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