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Dear team,

I am so looking forward to learning with you this semester.

Doing business is not just about making money. Good sustainable businesses also have social and environmental objectives and strong governance practices, which can make the world a better place for current and future generations.

The business world is exciting, and being aware of the complexities of business activity offers many valuable insights into the fantastic world we live in. Studying business can even give us a view of the future.

I look forward to meeting you all and learning from your experiences, ideas and views.

We will work as a united team to achieve learning objectives and move closer to our dreams.

Take some time to familiarise yourself with moodle, and prepare for face-to-face communicative learning.

It's going to be fun!

Barry
https://www.linkedin.com/in/barrysavva

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Photo by Matteo Vistocco on Unsplash      

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Week 1  Meet the team                                                          

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Week 1  Meet the team                                                          

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Welcome to the SAIBT Business Fundamentals (BFS001)  flexible learning experience.

In this approach, effective teamwork,  connection, collaboration and communication drive positive outcomes and foster a positive learning experience.

Task 1: (10 min)

Meet the team.
Each member has extraordinary and unique strengths.

Post on the Moodle forum to introduce yourself to peers.

Use headings, bullets and short abbreviated forms to organise the information.

Name

Nationality

Education

Career experience

Career goals

Personal goals

Strengths and special abilities

Unique characteristics

Task 2: (10 minutes)
Break out room activity-

Think:

Look at Figure 1 above.

What does the image represent?

Why do you think that it has been used here?

In the Zoom chat, list five words that come to mind when you view the image.

What are the best online sites to find free-share images?

How does using Zoom Camera increase teamwork, participation and the quality of learning?

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Boats and boating--Equipment and supplies

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What are your favourite places and things to do? Link with peers for social activities here.

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Experience Adelaide. The world's only city within a park, Adelaide is one of the most liveable cities in the world. A great place to work, study & visit.

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In class or with Zoom camera on - Join the business team for a collaborative and interactive approach to learning. 

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Dear BFS001 team,

If you live in Adelaide, be prepared to join the team at the UniSA Brookman Building at the scheduled time. Bring a laptop computer or tablet that provides access to online class resources.

Other students are expected to join the Zoom Live Class with the Zoom camera on, a virtual or blurred background in place, and the microphone turned off.

Actions:

1

Review the Personal Information tile on the SAIBT Student Portal to ensure that all information, including the UniSA email address, is correct.
Update preferred name details if you wish to use an informal nickname.

2
Open the UniSA Email box and check for email correspondence

3

Watch: 'How to use Zoom's Virtual Backgrounds'

Find and save several backgrounds with a business theme that can be used as a virtual background in class.

4
Update your Zoom profile name.
Use both your formal and informal preferred name if you wish.

5
Sign up for a free Padlet account to participate in weekly Class connect interactive activities

6
Turn the Zoom Camera on when instructed and participate in all class activities to be registered as attending class.

7

Review the Moodle/ Information tab

·       Essential Subject Information

·       Staff contact details

·       Student Learning Support

·       eBook resources

·       Assessments

·       Welcome

8

Preview the information in the Week 1 Prepare tab.

9
Download the free Microsoft Office 365 and 1 TB of free storage.

Let’s get down to business!

Barry Savva

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McDonald's Corporation is an American-based multinational fast-food chain, founded in 1940

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What are the three main types of business structure discussed by Bovee and Thill (2018) ?
Which structure is used by McDonald's? Why?

Read the article.
What are the disadvantages associated with franchise business models?

https://www.abc.net.au/news/2022-08-04/mercedes-benz-dealers-seek-compensation-over-new-sales-model/101295126

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The world is being impacted by significant microeconomic forces.

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What Is a Macroeconomic Factor? A macroeconomic factor is an influential fiscal, natural, or geopolitical event that broadly affects a regional or national economy. Macroeconomic factors tend to impact wide swaths of populations, rather than just a few select individuals.

Macroeconomic Factor Definition - Investopedia
https://www.investopedia.com ›

What are the major macro economic forces affecting business in 2022. What have been the effects of these forces on the worlds economies?

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Management role and function.
According to Bovee and Thill (2019, p.217), what are the three key roles of an organisational manager? Provide a brief summary of each.

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In your experience, what are the qualities of an effective team?

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Organisation and Teamwork

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Builders in Adelaide are currently facing many challenges which are extending production schedules and driving up costs. Why?

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Production Systems

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Employee motivation is a personal issue, so managers should take a flexible approach (Bovee & Thill 2019, p. 311).
What are the most potent career motivators for you?
Which three workplace motivators identified below do you currently value the most? Why?

Money

Recognition and rewards (e.g. gift vouchers, awards)

Flexible working hours

Security

Autonomy

Promotional opportunity

Other

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Human Resource Management

The COVID 19 global pandemic has created significant challenges for HR managers in organisations and owners of small businesses. Identify one current challenge and a possible remedial strategy.

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Marketing is '...process of creating value for customers and building relationships … in order to capture value back from them' (Bovee & Thill 2019, p.355). 

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Marketing Strategy is a vital part of business planning. If you were starting a small business in Adelaide, what marketing data would you collect and how would you use it?
Read : https://www.investopedia.com/terms/m/marketing.asp

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Product, Pricing Strategies and Communication and Distribution

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If you were selling your used computer on Gumtree online marketplace, how would you set the price?https://www.gumtree.com.au/s-laptops/computers/k0c18553r10

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What are the most effective strategies to prepare for an exam?

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Week 12 Study Skills - Flashcards: Quizlet

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Week 12 Study Skills - Flashcards: Quizlet

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Register for Quizlet and learn the functions. See: https://quizlet.com/615228363/live?type=checkpoint
Learn to use the Checkpoint Function. How could Quizlet be used to study for the BFS001 exam?

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How to use Quizlet - Official tutorial for new users

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Prepare for the 'Classic Live' in-class challenge. Study the Quizlet Flashcards, then Learn, Test and Play Match.

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business in action flashcards and study sets | Quizlet

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Learn about business in action with free interactive flashcards. Choose from 1,220 different sets of flashcards about business in action on Quizlet.

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See the Moodle / Examination/ 'special' exam Zoom link. Join promptly with course study materials organised and Zoom camera on.