Consumers notes - Study guides, Study notes & Summaries

IOP302 – Personnel psychology Study unit 1 – The historical background of industrial psychology  Personnel psychology is concerned with all aspects of the theory of psychology applied to understanding differences between individuals in work settings. Psychology is the scientific study of behaviour and the mind. Industrial psychology is a field of specialisation in psychology.  Major fields of industrial psychology: 1. Personnel psychology:  Scientific study of individual d...

MNB1501-Business Management 1 STUDY SUMMARY NOTES FOR 2022. Contents 1. Business world & business management ............................................................................................... 3 1.1. Key concepts .................................................................................................................................... 3 1.2. Role of business in society ...........................................................................................................

This note contains all the aspects needed for food related diseases. It was created in line with the IEB SAGS (2023).

MNB1501 - Business Management IA STUDY SUMMARY NOTES FOR 2022. Exchange – products & services for money or other goods/services o Profit – reward for meeting people’s needs • Countries have different economies o Market economy – business can decide what to produce, how to produce & selling price. Business’ primary purpose:  Make profit while satisfying needs of the people. • Industry – group of businesses performing similar activities, e.g. mining, financial services, c...

MNB1601 SUMMARY STYDY NOTES 2022. The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantity of products or to offer the serv...

HRM3705 SUMMARY STUDY NOTES (2022 EXAM PREP) This is an all-inclusive guide to HRM3705 - Compensation Management Strategic Compensation: A Component of Human Resource Systems Compensation refers to all forms of financial returns and tangible resources and benefits employees receive as part of an employment relationship. They are either:  Intrinsic—intrinsic compensation represents employees’ critical psychological states that result from performing their jobs.  Extrinsic—extr...

MNB1501 - Business Management 1 Study Notes & Summary . Study Unit 1: The Business World and Business Management The role of business in society • Transformation of resources into goods and services society needs. • Business cannot operate without society. • Needs and values of society influence what business does? - Protecting the environment. • Organizations influence behaviour patterns of people in a particular society by developing new products. - Impact of cell phones & tabl...

MNB1501 - Study Notes & Summary. This is an all-inclusive and a comp0lete study guide to MNB1501 - Business Management 1 The Business World and Business Management The role of business in society • Transformation of resources into goods and services society needs. • Business cannot operate without society. • Needs and values of society influence what business does? - Protecting the environment. • Organizations influence behaviour patterns of people in a particular society by devel...