Professional Documents
Culture Documents
LP: GECOFI
Professor in charge:
Contact: mohamed.bachisse@um5.ac.ma
1
M.B.
Introduction
session
Around Management and
Business
M.B.
Definition of business
“ A business is defined as an
organization or enterprising entity
engaged in commercial or industrial
activities to produce goods and
services in order to make a profit.
”
Exchange of flows Customers Government
between companies and
their stakeholder: M.B.
Payment or Cash
services
l’entreprise et ses
parties prenantes
Work
Businesses or Payment or cash
Human Suppliers:
resources companies fournisseurs
Salaries
loans and payment
Sales of goods and services
Reimbursment of
Loans (emprunts)
Sales of raw materials
of interests
(matières premières)
Banks or
financial
Shareholders institutions
M.B.
Chapter 1: Business concepts and
activities
M.B.
R&D
Marketing
Finance and accounting
Production
HR
M.B.
Marketing
› Planning and executing the conception, pricing,
promotion, and distribution of ideas, goods, and
services to create. exchanges that satisfy
individual and organizational objectives
M.B.
Finance
› Everything related to revenues, expenses, budget,
financial records and financial statements
M.B.
Accounting
› Accounting is the process of identifying,
recording, summarizing, and reporting in
monetary terms, informations about businesses
M.B.
Production
A process of combining various material inputs and
immaterial inputs (plans, know-how) in order to make
something for consumption (output)
HR = Human Resources
› People who work for a business/organization
› Involvedin planning & staffing, performance
management, and employee relations.
M.B.
Definition of management
”
M.B.
Top
Managers
Middle Managers
First-Line Managers
Non-Managerial
Employees
Functional R&D Marketing Finance Production HR
Areas
M.B.
Planning
Establishing rapport
Information gathering
Establishing needs
Bargaining
So, just to summarize, the deal is that you will make a $10,000 contribution to the
marketing budget. Confirming the terms of the deal
Information
Could you tell us how quickly you could supply the software if we agree terms? gathering
I suggest we go through points 1, 2 and 3 on the agenda and then break for coffee.
Is that OK? Planning
So what you are saying is that you would want half the payment on signature of the
contract. Have I got that right? Establishing needs
Well, we could agree to that price if you can include training in that figure. Bargaining
That’s agreed then. I’ll get our lawyer to draw up a draft contract. Let’s have lunch to
celebrate. Making the deal
Thanks very much for coming to the meeting today. We really appreciate it. I’m really
confident we can agree a deal that is beneficial to both parties. Establishing rapport
M.B.
Internet research
• Look up ‘principled negotiation’ on the Wikipedia website
at: www.wikipedia.org
Wikipedia, which is
an online free-content
encyclopedia, is a
great source of
information when
doing research on the
Internet.
M.B.
Definition of principled
“
negociation
”
M.B.
Principled negotiation (Integrative
approach)
M.B.
Student A Student B
Student A: Could I ask a favour? Could you do the presentation to the sales team?
Student B: Again! What’s the problem this time?
Student A: I’ve got an important client meeting at the same time and I can’t get
out of it.
Student B: Well, I might be able to do it, if you do the PowerPoint slides for me.
Student A: I haven’t got time for that. If I give you the figures, will you input
them?
Student B: No, I want the whole thing. It’s that or nothing.
Student A: OK, I’ll do the text for the PowerPoint but could you format it?
Student B: Maybe. And I want you to help me with the business plan for
next year.
Student A: Oh, all right.
Student B: Fine, but this is the last time. You need to be more organized!
M.B.
Reported speech– what did he say?
The production is
based in China.
He said that the production was based in China.
We save a lot of
money on raw
He revealed that they saved a lot of money
material costs.
on raw material costs.
The company
will invest He continued that the company would
more money in invest more money in machinery that year.
machinery
this year.