This class was created by Brainscape user Clini Le. Visit their profile to learn more about the creator.

Decks in this class (21)

1.1. Introduction to the economic activity
Economic goods,
Non economic goods,
Primary goods
14  cards
1.2. Organizations and economic specialization
What is an organisation,
Why does economic activity occur ...,
4 major types of organisation
24  cards
1.3. Stakeholders
Corporate sustainability,
Purpose of corporate sustainability,
Process of corporate sustainability
12  cards
1.4. Opportunism, fairness, and cooperation
Whats a rational offer according ...,
Economic theory vs reality,
2 ways to model behaviour
20  cards
1.5. Managerial decision making
Prospect theory,
Prospect theory and aspiration le...,
Propsect theory and incentives
19  cards
2.1. Governance and management
Corporate governance,
Financial economics,
Societal definition of corporate ...
23  cards
2.2. Failure of corporate governance
Book value,
Market value,
Market value vs book value
8  cards
2.3. Economic activities in organizations: Functions and business areas
2 systems of economic activities ...,
Functional area,
Business area
18  cards
4.1. Market structure
What is an industry,
Define porters 5 forces analysis,
What are the 5 forces
14  cards
4.2. Delta airlines: The low cost carrier threat
Rivalry,
Threat of new entry,
Supplier power
6  cards
4.3. Competitive advantage
Define competitive advantage,
Define willingness to pay,
Define opportunity cost
34  cards
4.4. Apple and competitive advantage
Apples unique resources in 1980s ...,
Sculley cost strategy,
Pros and cons of sculleys strategy
13  cards
4.5. Economies of scale, fixed cost absorption and learning
Remark about firms size,
4 types of corporate strategy,
3 modes to achieve corporate stra...
28  cards
4.6. Diversification
Define diversification,
Types of diversification,
Related diversification
21  cards
4.7. Vertical integration
Define vertical integration,
Forms of vertical integration,
What do transaction costs include
11  cards
4.8. Cost Structures, Break-Even Point Analysis
What calculations do we need to h...,
Basic thought process,
Note on labour costs
12  cards
4.9. Choice of growth mode
2 fundamental question existing f...,
Tests before entering a new market,
External solution growth
21  cards
4.10. Organisational culture
Define organisational culture,
Elements of organisational culture,
Espoused values
10  cards
4.11. Disney and Pixar
History of disney,
History of pixar,
Relationship between disney and p...
11  cards
4.12. Teams and Leadership
What are teams,
Types of teams,
Best tasks for teams
29  cards
Case Study: Alibaba as a conglomerate?
Why does alibaba look like a cong...,
Why is alibaba not a conglomerate,
Why so many unrelated businesses
3  cards

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Management

  • Class purpose General learning

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