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Physics

Space

Key Words: strategic, value adding, efficiency, transforming, affordability, ecologically sustainable, differentiating, planning, organising, controlling, sequencing, scheduling, quality, social responsibility, outsourcing, interdependence, e-commerce, economies of scale, inertia, JIT, logistics, Students learn about:

influences -> HOW the business can manage these to

achieve goals & objectives of the business

globalisation -is about ACCESS -reaching new markets/their

ifluence on operations, franchising, importing, technologyimprove efficiency, improve logistics, reduce reliance on human labor, easier, quality expectations-customer expectations, how well a product is designed/made/functions, cost-based competition-what others are doing and how to manage operations to challenge/compete , government policiesrules/regulations, impact management significant OH&S, legal regulation-similar to Gov., laws, compliance,environmental sustainability-looking after environ., modern, efficient