Sba Reviewer

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Encompasses production planning and development, production administration implementation function and allied activities such as standardization, simplification, quality control and research and development.

Input to output.

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PRODUCTION MANAGEMENT

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Refers to manufacturing activities that results in either semi-finished product or finished product or by product.

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PRODUCTION PROCESS

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Process of administration, planning and execution of operations involved to the production of products and services and trying to minimize resources at same time increasing output.

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OPERATION MANAGEMENT

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More concerned in input and output and churning out products in the shape of desired finished products.

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OPERATION MANAGEMENT

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About goal achievement

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EFFECTIVENESS

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About cost resource utilization to the production of operation activity.

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EFFICIENCY

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Reaching goals with fewer resort

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EFFICIENCY

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Process of creating, imaging and iterating products to solve users problems and address specific needs given in market

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PRODUCT DESIGN

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Deals with the conversion of ideas into reality and every business needs to design, develop and introduced new product as a survival and growth strategy

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PRODUCT DESIGN

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Implementing plans, terms of job schedule, machine appropriation and actual workflow.

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PRODUCTION PLANNING AND CONTROL

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An organized initiative that has concept phase, project initiative phase, planning, execution, monitoring and control and project closure

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PROJECT

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Are meant to simplify and breakdown milestone of time and resource use efficiency.

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PROJECT MANAGEMENT SYSTEM

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Measure economic performance that compares amount of output produce and amount of inputs used

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PRODUCTIVITY

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Management of network of every business and processes that includes , manufacturing, transportation of goods, warehousing, distribution and inventory management.

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SUPPLY CHAIN MANAGEMENT

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Completes the logistics process in ensuring security and safety of goods and services, finished or unfinished at any shape of raw materials procurement, production and distribution.

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WAREHOUSING MANAGEMENT

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Process of controlling the marketing aspects, organizing plans step by step, setting goals of a company , taking decisions of the firm and executing them to get the maximum turnover by meeting consumers demand.

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MARKETING MANAGEMENT

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Refers to a group of consumers or organization that is interested in the products or services and has the resources to purchase them and permitted by law or other regulations to acquire products.

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MARKET

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Holds that the customers are inclined to choose product, which are available and affordable.

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PRODUCTION CONCEPT

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Holds that the customers are inclined to choose products that provides good quality, performance and features.

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PRODUCT CONCEPT

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Puts importance in sales effort that must be exercised for the customers to buy the product or services.

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SELLING CONCEPT

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Address selling and promotion challenges using aggressive tools to drive up sales of products and services.

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SELLING CONCEPT

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Emphasize the profitability is the responsibility of marketing even if the operation and production determine cost of manufacturing product and rendering services.

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PROFIT CONCEPT

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Making sure that the right product is brought to right people at the right time and right place and right distribution channel and using right promotion

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PROFIT CONCEPT

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Puts consumers as the center of any effort, valuing their satisfaction, unique needs, preference and expectations.

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MODERN MARKETING CONCEPT

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Creating the unique selling preposition of product and services to meet the customers requirements.

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MODERN MARKETING CONCEPT

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What are the Concept of Marketing?

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PRODUCTION CONCEPT

PRODUCT CONCEPT

SELLING CONCEPT

PROFIT CONCEPT

MODERN MARKETING CONCEPT

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Underscores the need of marketing activities to support and ensure social well being.

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SOCIAL MARKETING CONCEPT

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Napproduce kasabay nung main products.

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BY PRODUCT

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Addressing social concerns such as pollution, scarcity, false advertising, cheap labor in manufacturing places and inflation.

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SOCIAL MARKETING CONCEPT

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What are the marketing variables ?

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PRODUCT

PRICES

PLACE/ CHANNEL OF DISTRIBUTION

PROMOTION

PEOPLE

PROCESS

PHYSICAL EVIDENCE

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Anything that is capable to satisfy customers.

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PRODUCT

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Any amount to avail products and services.

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PRICE

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Making products available.

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PLACE/CHANNEL OF DISTRIBUTION

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What are the types of Return to Scale?

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INCREASING

DECREASING

CONSTANT

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The process of intro., growth, maturity and decline

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PRODUCT LIFE CYCLE

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Gumawa nung concept kung saan nakalagay lahat ng activities and date kung kailan kailangan yung proucts

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HENRY GANTT

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mas marami ng naproduce mas less ang unit cost

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ECONOMIC OF SCALE

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Bigger output, Lesser input.

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INCREASING RETURN OF SCALE

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Increase in input and lesser increase in output.

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DECREASING RETURN TO SCALE

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Kung ilan nailagay sa input ganon lang din sa output .

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CONSTANT RETURN OF SCALE

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The proportionality of changes in output after the amounts of all inputs in production have been changed by the same factor.

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RETURN TO SCALE

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When outputs increase by a greater proportion than inputs.

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INCREASING RETURN TO SCALE

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Occurs when the output increases by a smaller proportion than the increase in inputs

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DECREASING RETURN TO SCALE

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When the long-run average between a company's inputs and outputs are proportional to each other

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CONSTANT RETURN TO SCALE

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Involves planning, organizing, directing and controlling of financial activities such as procurement and utilization of funds of enterprise.

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FINANCIAL MANAGEMENT

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Covers decision making in the areas of investment, financial operations and shareholders dividend.

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FINANCIAL MANAGEMENT

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What is the objective of financial management????

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MAXIMIZATION OF SHAREHOLDERS WEALTH

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What are the elements of financial management?

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INVESTMENT DECISIONS

FINANCIAL DECISIONS

DIVIDENDS DECISIONS

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also known as capital budgeting or working capital decision.

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INVESTMENT DECISIONS

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Investment in fixed assets

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INVESTMENT DECISIONS

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Relates to raising funds from various resources that are based on types of sources, period of financing, cost of financing and returns from financial projects.

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FINANCIAL DECISIONS

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Decisions in distribution of net profits that are generally divided into dovidend for shareholders and retained earnings.

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DIVIDENDS DECISIONS

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Financial performance

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INCOME STATEMENT

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Financial position of business

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BALANCE SHEET

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Shows the movement of money as business is conducted.

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CASH FLOWS

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What are the types of cash flows?

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OPERATING ACTIVITIES

INVESTMENT ACTIVITIES

FINANCING ACTIVITIES

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The daily activities of a company involved in producing and selling its product, generating revenues, as well as general administrative and maintenance activities.

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OPERATING ACTIVITIES

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Transactions that include owner's equity, long-term liabilities, and changes in short-term loans.

It include the movement of cash and cash equivalents among the organization and its sources of cash.

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FINANCING ACTIVITIES

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Include purchases of physical assets, investments in securities, or the sale of securities or assets.

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INVESTMENT ACTIVITIES

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It is important tool in financial management.

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FINANCIAL RATIO/RATIO

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it is used to compare financial data to yield information about the organization liquidity, solvency, profitability and other.

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RATIO

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Ability to pay short term debts

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LIQUIDITY

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It is easy to convert into cash. non current.

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LIQUIDITY

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Ability to pay long term debts.

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SOLVENCY

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Analyze how well company uses its asset ang liability internally.

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EFFICIENCY RATIO

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Financial metrics that measure and analyze stock prices and compare market prices with those of competitors and against other facts and figures

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MARKET VALUE RATIO

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Should not be confused with just sustainable competitive advantage and sustained economic growth.

Sustainability in business is no longer exclusive just long term profitability but has the society's welfare at it's center and includes environmental protection and business ethics and compliance.

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SUSTAINABILITY MANAGEMENT

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Emphasize the corporation's ethical responsibilities to shareholders, customers, societies and future generations.

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CORPORATE SOCIAL RESPONSIBILITY

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This goal is pursued despite the obvious differences in the decisions and actions taken by these sectors.

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CORPORATE SOCIAL RESPONSIBILITY

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Consider natural environment and long-term decision

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SHARED VALUE

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Consider profitability, environment and social contribution

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TRIPPLE BOTTOM LINE

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Focal point or core concept is setting goals, developing mission statement, organizational values and objectives.

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STRATEGIC MANAGEMENT

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What are the basic elements of strategic management?

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ENVIRONMENTAL SCANNING

STRATEGY FORMULATION

STRATEGY IMPLEMENTATION

EVALUATION AND CONTROL

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Comparison of threats and opportunities of the organization in the internal and external business environment.

Can be affected by factors like government, rules and regulations, social change, change in customers preference, technological advancement, competition and other environmental factors.

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ENVIRONMENTAL SCANNING

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it is performed to contrast the internal assets and flows of the trade with external prospects and dangers.

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SWOT ANALYSIS

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SWOT stands for?

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STRENGTH, WEAKNESSES, OPPORTUNITIES AND THREATS

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The generation of long term plans for the proper management of environment openings and fears considering the fortes and faintness of the business or company.

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STRATEGY FORMULATION

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Consist of defining missions, attainable objectives, forming strategies and setting policies.

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STRATEGY FORMULATION

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Org. purpose or reason of its survival.

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MISSION

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Outcomes of planned functions. Goals.

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OBJECTIVES

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Broad master plan expressing how a company will accomplish its mission and objectives, maximizing competitive advantages and minimizing disadvantages.

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STRATEGIES

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Comprehensive guidelines for making decision linking the formation and implementation of strategy.

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POLICIES

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Taking action in order to attain the gaols of the organization.

Requires organizing all available and necessary resources to put strategy into actions.

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STRATEGY IMPLEMENTATION

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Evaluation of strategy to ascertain whether the actual outcome matches the expected of the organization goals.

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EVALUATION AND CONTROL

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TYPES OF FINANCIAL STATEMENT OR ACCOUNTINGS STATEMENT

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INCOME STATEMENT/ PROFIT OR LOSS STATEMENT

BALANCE SHEET

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It involves a thorough evaluation of all facets of enterprise operation that starts with a good foothold in the knowledge and application

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STRATEGIC BUSINESS ANALYSIS

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WHAT IS EMS stands for?

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ENVIRONMENTAL MARKETING STRATEGY

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Process of developing job analysis as a requisite of human resource management plan.

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HRM

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Study of how to manage money and financial status of an individual.

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ECONOMIC

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Core or concept of economics.

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SCARCITY

UNLIMITED NEEDS AND WANTS

ALTERNATIVE

CHOICES

FORGONE BENEFITS

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It deals with individuals, households and specific companies.

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MICROECONOMICS

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It deals with society as a whole and it's dynamic relationship at the rest of the world.

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MACROECONOMICS

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Refers to the existence of limited resources that are not enough to address unlimited human needs or demands

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SCARCITY

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Refers to a market occurrence whereby the demand is more than the supply available at a given time

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SHORTAGE

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Involves in monitoring of the culture of organization and is responsible for the recruitment of appropriate work force .

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HRM

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What are the 5 functional areas of HRM?

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ORGANIZATIONAL DESIGN

STAFFING, REWARDS, BENEFITS

TRAINING AND DEVELOPMENT

PERFORMANCE MANAGEMENT

APPRAISAL SYSTEM

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It is about ensuring that there is an employee job fit for all position in an organization to fulfill its mission.

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ORGANIZATIONAL DESIGN

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It deals with recruiting of individuals whose skills and knowledge is deemed appropriate for the job

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STAFFING

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Considers efficient work process and dynamics.

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DESIGNING ORGANIZATIONAL STRUCTURE

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Process of allocation of tasks among members.

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ORGANIZING

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Allows for the activation of people at various level of skills and task and ensure each one can is able to maximize his/her contribution to org. goal.

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DIRECTING

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Comes after planning, organizing, directing and necessities to review employee actual performance.

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CONTROLLING

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Proccess for recruiting prospect employees.

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RECRUITMENT

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The process of determining the qualifications, knowledge, skills, attitude, experience and values of an applicant.

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SELECTION

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Direct rewards for the work done.

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COMPENSATION

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Indirect payment of working beyond job requires .

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BENEFITS

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The process of creating avenues for employees improvement, reskilling, up skilling for managerial development.

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TRAINING AND DEVELOPMENT

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It defines the direction and movement of the careers of people in the operation.

Systematic assessment of individuals performance .

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PERFORMANCE MANAGEMENT AND APPRAISAL