Bachelor’s In Business Management25/03/2019
We think you’re in Indonesia, so we’ve set your language to International English. Studying for a business and management studies degree allows you to develop a broad understanding of business organisations and provides you with subject-specific knowledge in areas such as markets, customers, finance, operations, communication, information technology and business policy and strategy.
Bargaining Power of the suppliers: This is nothing but the dependency of your business to a supplier, that is, if you have lesser suppliers, the more you are dependent on them, making them more powerful, the more suppliers you have, the bargaining power of the suppliers weakens as he know that you have a variety and you can switch if he doesn’t give you a good offer.
By adopting an approach that incorporates a review of the company’s strategic direction, corporate governance systems, resource bundle and operational performance a business will achieve an outcome that maximised future economic potential while mitigating risks.
Whether you’re just starting out in your business and management career, want to gain more qualifications, add to your previous experience, or simply broaden your horizons, TAFE NSW offers a wide variety of courses at a number of levels to suit you.
The functions of management are to set goals and deciding strategies by which these goals could be achieved, by deciding on how things would be done and dividing those into tasks and responsibilities, by controlling the path of the organization on which it moves, to ensure that things are been done the right way and effectively by the right communication and co-ordination between people, finding weaknesses and resolving them, motivating workers and making the best possible decisions.