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Summary of Mid Test for GENC7003
GENC7003 - Managing Your Business
1 Found helpful • 11 Pages • Topic Notes • Year: Pre-2021
Business management is the science of managing scarce resources, change and competitive forces in deregulated environment. Within this context the law has emerged as a key player in helping, guiding and prohibiting the behaviour of managers in small to medium businesses. The course examines the regime of laws and regulations, institutions and authorities that govern the function and performance of management in small and large business entities in Australia and internationally. The topics covered include: rights and obligations attached to property; dealing with suppliers, employees and subcontractors; developing legal financial models and business plans and undertaking legal and compliance audits and continuing governance reviews that provide focus to the business entities. The course will provide a substantial range of analytical research and practical skills to empower students to undertake the responsibilities of the contemporary manager.
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