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HSC Business Studies Full Notes

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These notes cover all HSC topics including marketing, operations, finance and human resources.

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147 Pages Complete Study Notes < 1 Year old
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Topics this document covers:
Economy Business Production economics Management Manufacturing Distribution Supply chain management Operations management Business process Productivity Competitive advantage Profit
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Economy Business Production economics Management Manufacturing Distribution Supply chain management Operations management Business process Productivity Competitive advantage Profit
Sample Text:
1 – Operations (pg. 1-45) 10.2 – Marketing (pg. 46-72) 10.3 – Finance (pg. 73-95) 10.4 – Human Resources (pg. 96- Page | 0 ________________ HSC BUSINESS STUDIES – NOTES 2017 Vineel Chandra 10.1 – Operations Role of Operations Def. of Operations – concerned with the transformation of inputs into outputs (PRODUCTION) ➢ Inputs – tangible e.g. raw materials, land, labour resources, capital in the form of machinery and technology as well as intangible e.g. ideas and information ➢ Outputs – finished product made from the processes of transformation ➢ Transformation – is the conversion of inputs (raw materials) into outputs (finished goods and/or services) Operations Management involves planning, organising, coordinating and controlling the transformation of inputs to outputs so they meet customer and legal requirements....
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