EXAM 3 STUDY GUIDE Class 30 Thursday 12/8/11 Where do I stand? 1)Go to onlinecabrillo.org 2)BUS 20 section 72192 3)Left column – Grades 4)Final Exam = 70 points tops 5)For those who haven’t turned in Profile E, I’ll finish grading them by Saturday. Grading Point Spreads and Letter Grades for Class Work Exam 3 • 20 True & False = 1 point each = 20 pts total • 25 Multiple choice = 2 points each = 50 pts • Total test value = 70 pts Test Options • Testing in Person • Will hold class on Thursday 12/15 for those who want to take the exam in person • Test time: 7 AM – 9:50 AM • Open book. No computers. • Take Home Test • Will distribute test via email to those who want to test at home on Thursday 12/15 before 7 AM. • You must verify via email that you’ve received the test. • Test must be returned via email by Thursday at 6 PM, no exceptions. Classwork Covered on Final • • • • • • • • • Class 19 20 21 23 26 27 28 29 Subject Motivation Human Resources Management Operations Management Overview of Marketing Marketing Pricing Strategies Positioning – Cornerstone of Marketing Products Legal Issues • Note: There will be several deductive questions that won’t be directly available on the slide programs Motivation Study Areas • • • • • • • • Motivation defined ERG theory Manifest Needs Theory Two-Factor Theory Theories X, Y and Z Job design strategies Expectancy theory Flexible Scheduling examples Human Resources Management Study Areas • • • • • • • Planning for HR needs HR department functions Define in sequence the HR process Supply/Demand needs forecasting Internal/External recruiting Contingent workers Understanding concilliation, mediatiion, arbitration Operations Management Study Areas • • • • • • • • • Elements of Operations Management Considerations in facility location & design Managing the Supply chain Inventory management Inventory management approaches & definitions Gantt vs. PERT charts Technology aides in operations TQM vs. ISO quality Sampling to verify quality Overview of Marketing Study Areas • Origin of the marketing concept • Elements of a Marketing strategy • Examples of Target markets • Influences on Buying Behavior • The four “Ps” • Product life cycle • Distribution channels • Branding strategies Marketing Pricing Strategy Study Areas • Internal forces affecting selling price strategies • External forces affecting selling price strategies • Pricing Strategy examples Positioning Study Areas • Definition of Positioning • Types of Positioning • Identify examples of types of positioning • Examples of name and segmentation positioning • Cherchez-le-creneau: what it really means • Market--Segment--Niche (differences) Products Study Areas • Product line & mix • Competition assessment • Breakeven analysis • Patents vs. Trademarks • Product Identification • Promotional mix Legal Study Areas • Tort Definition • Types of Torts • Negligence • Types of Damages • Areas of Business Affected by laws & regulations