Business management tutorial letter 2 PDF

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Business Management...

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MNB1501/102/3/2015

Tutorial letter 102/3/2015 Business Management 1A

MNB1501 Semester 1 and 2 Department of Business Management

IMPORTANT INFORMATION: This tutorial letter contains importantinformation about your module.

Open Rubric

CONTENTS Page 1

INTRODUCTION AND PURPOSE OF THIS TUTORIAL LETTER ............................................... 3

2

CORRESPONDENCE BETWEEN STUDY GUIDE AND THE 9TH EDITION OF PRESCRIBED BOOK ........................................................................................................................................... 3

3

EXAMINATION ............................................................................................................................. 7

4

CONCLUSION.............................................................................................................................. 7

2

MNB1501/102 1

INTRODUCTION AND PURPOSE OF THIS TUTORIAL LETTER

Dear student By now we trust that you have received all of your study material for MNB1501 and have purchased the three prescribed books for the subject. Please note that from 2015 onwards we have prescribed the latest edition of Introduction to Business Management for the module MNB1501 (as indicated in the MNB1501/101/3/2015 tutorial letter). The study guide is intended to guide you in your study of the prescribed book. The study guide that you have th received provides references to sections in the 8 edition of the prescribed book. The purpose of this tutorial letter, th therefore, is to provide a reference guide indicating sections in the 9 edition that should be referred to. It is suggested that you change the references in your study guide in order to ensure that it refers to the correct sections, figures and tables. Should you have any questions regarding this tutorial letter, feel free to contact us at – Tel: 012 429 4935 Email: [email protected]

2

CORRESPONDENCE BETWEEN STUDY GUIDE AND THE 9TH EDITION OF PRESCRIBED BOOK STUDY UNIT 1: THE BUSINESS WORLD AND BUSINESS MANAGEMENT

STUDY GUIDE PAGE

No changes. All sections remain the same.

STUDY UNIT 2: ENTREPRENEURSHIP STUDY GUIDE PAGE

No changes. All sections remain the same.

STUDY UNIT 3: ESTABLISHING A BUSINESS STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

No changes. All sections remain the same.

STUDY UNIT 4: THE BUSINESS ENVIRONMENT STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

No changes. All sections remain the same.

STUDY UNIT 5: CORPORATE SOCIAL RESPONSIBILITY STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

No changes. All sections remain the same.

STUDY UNIT 6: INTRODUCTION TO GENERAL MANAGEMENT (New study unit) STUDY

SECTION REFERED TO IN THE

CHANGE TO SECTION TO REFER TO IN

3

GUIDE PAGE

th

th

8 ED

THE 9 ED

Please note: The section on Introduction to General Management is a new chapter that was th introduced in the 9 edition of the prescribed book. There is currently no unit in the study guide covering this chapter as it will be included only once the study guide is updated.

STUDY UNIT 7: PLANNING STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

87

Under ‘Getting an overview’; Read through section 6.1 in the prescribed book.

Change to: Read through section 7.1 in the prescribed book.

87

Under heading 6.1: Study section 6.2 in the prescribed book.

Change to: Study section 7.2 in the prescribed book.

89

Under heading 6.2: Study section 6.3 in the prescribed book.

Change to: Study section 7.3 in the prescribed book.

90

Under heading 6.3: Study figure 6.1 and the components of the planning process in section 6.4.2 of the prescribed book.

Change to: Study figure 7.1 and the components of the planning process in section 7.4.2 of the prescribed book.

92

Under heading 6.4: Study sections 6.4.1 and 6.4.3 in the prescribed book.

Change to: Study sections prescribed book.

7.4.1

and

7.4.3

in

the

STUDY UNIT 8: ORGANISING STUDY GUIDE PAGE

4

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

98

Under heading 7.1: Study section 7.1 in the prescribed book

Change to: Study section 8.1 in the prescribed book.

98

Under heading 7.1 (See case study in section 7.2 of your prescribed book).

Change to: (See case study in section 8.1 of your prescribed book).

98

Under heading 7.2: Study section 7.2 in the prescribed book.

Change to: Study section 8.2 in the prescribed book.

100

Under heading 7.3: Study section 7.3 in the prescribed book.

Change to: Study section 8.3 in the prescribed book.

100

Under heading 7.3: - designing jobs for employees (sec 7.3.1) -…common (sec 7.3.2) - establishing reporting lines (sec 7.3.3) - establishing authority relationships (sec 7.3.4) - establishing coordinating mechanisms (sec 7.3.5)

Change to: - designing jobs for employees (sec 8.3.1) -…common (sec 8.3.2) - establishing reporting lines (sec 8.3.3) - establishing authority relationships (sec 8.3.4) - establishing coordinating mechanisms (sec 8.3.5)

100

Under heading 7.3: See table 7.1 in the prescribed

Change to: See table 8.1 in the prescribed book.

MNB1501/102 book. 102

Under heading 7.3.2: Study section 7.3.2 in the prescribed book.

Change to: Study section 8.3.2 in the prescribed book.

102

Under heading 7.3.2: Note in figure 7.2 of your prescribed book…

Change to: Note in figure8.2 of your prescribed book…

102

Under heading 7.3.2: - business function (figure 7.1) - product (figure 7.2…) - location (figure 7.3) - customer (figure 7.4)

Change to: - business function (figure 8.1) - product (figure 8.2…) - location (figure 8.3) - customer (figure 8.4)

104

Under heading 7.3.3: Study section 7.3.3 in the prescribed book.

Change to: Study section 8.3.3 in the prescribed book.

104

Under heading 7.3.3: See figure 7.6 in your prescribed book…

Change to: See figure 8.6 in your prescribed book…

105

Under heading 7.3.4: Study section 7.3.4 prescribed book.

in

the

Change to: Study section 8.3.4 in the prescribed book.

105

Under heading “Authority relations: See explanations given under section 7.3.3 and figure 7.7 in the prescribed book.

Change to: See explanations given under section 8.3.3 and figure 8.7 in the prescribed book.

106

Under heading 7.4: Study section 7.5 in the prescribed book.

Change to: Study section 8.5 in the prescribed book.

107

Under heading 7.4: - The stability of the business environment (Sec 7.5.1.1) - The strategy of a business (sec 7.5.1.2) - The size of the business (sec 7.5.1.3) - The competence of employees (sec 7.5.1.4) - The organisational culture (sec 7.5.1.5)

Change to: - The stability of the business environment (Sec 8.5.1.1) - The strategy of a business (sec 8.5.1.2) - The size of the business (sec 8.5.1.3) - The competence of employees (sec 8.5.1.4) - The organisational culture (sec 8.5.1.5)

STUDY UNIT 9: LEADING STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

111

Under heading “Overview’: Read through section 8.1 in the prescribed book.

Change to: Read through section 9.1 in the prescribed book.

111

Under heading 8.1: Study section 8.1 in the prescribed book.

Change to: Study section 9.1 in the prescribed book.

111

Under heading 8.1: …and section 11.7.2.2 in chapter 11 of your prescribed book.

Change to: …and section 12.7.2.2 in chapter 11 of your prescribed book.

112

Under heading 8.2: Study section 8.2 in the prescribed

Change to: Study section 9.2 in the prescribed book.

5

book. 113

Under heading “Characteristics”: You prescribed book states under section 8.2.1 that a good manager is not necessarily a good leader, and vica versa.

Change to: You prescribed book states under section 9.2.1 that a good manager is not necessarily a good leader, and vica versa.

115

Under heading 8.2.1.2: Power (sec 8.2.2.2 in your prescribed book)

Change to: Power (sec 9.2.2.2 in your prescribed book)

115

Under heading 8.2.1.2: Table 8.1 in your prescribed book is a useful perspective…

Change to: Table 9.1 in your prescribed book is a useful perspective…

116

Under heading 8.2.1.3: See figure 8.3 in your prescribed book for a further description.

Change to: See figure 9.3 in your prescribed book for a further description.

118

Under activity 8.4: Before reading section 8.3 in your prescribed book…

Change to: Before reading section 9.3 in your prescribed book…

119

Under heading :”Behavioural theory of leadership” Your prescribed book, in section 8.3 highlights four major…

Change to: Your prescribed book, in section 9.3 highlights four major…

119

Under heading 8.4: Study section 8.4 as well as sections 11.7.2.1 and 11.7.2.2 in the prescribed book.

Change to: Study section 9.4 as well as sections 12.7.2.1 and 12.7.2.2in the prescribed book.

120

Under heading 8.4: “…Maslow’s hierarchy of needs as addressed in section 11.7.2.2

Change to: “…Maslow’s hierarchy of needs as addressed in section 12.7.2.2

120

Under heading 8.4: “…how the hierarchy is illustrated diagrammatically in figure 11.3 of your prescribed book”.

Change to: “…how the hierarchy diagrammatically in figure prescribed book”.

121

Under heading 8.4: …described briefly under section 8.4 of the prescribed book.

Change to: …described briefly under section 9.4 of the prescribed book.

123

Under heading 8.5: In section 8.5 of your prescribed book a clear distinction is made…

Change to: In section 9.5 of your prescribed book a clear distinction is made…

124

Under heading 8.6: …as highlighted in figure 8.4 of your prescribed book.

Change to: …as highlighted prescribed book.

in

figure

is illustrated 12.3 of your

9.4

of

your

STUDY UNIT 10: CONTROL

6

STUDY GUIDE PAGE

SECTION REFERED TO IN THE th 8 ED

CHANGE TO SECTION TO REFER TO IN th THE 9 ED

128

Under heading 9.1: Study section 9.1 in the prescribed book.

Change to: Study section 10.1 in the prescribed book.

129

Under heading 9.2: Study section 9.2 in the prescribed book.

Change to: Study section 10.2 in the prescribed book.

132

Under heading 9.3:

Change to:

MNB1501/102 Study section 9.3 in the prescribed book.

Study section 10.3 in the prescribed book.

132

Under heading 9.3: The control process as illustrated in figure 9.1 represents…

Change to: The control process as illustrated in figure 10.1 represents…

135

Under heading 9.4: Study section 9.4 in the prescribed book.

Change to: Study section 10.4 in the prescribed book.

135

Under heading 9.4: In section 9.4.1 we highlight the key…

Change to: In section 10.4.1 we highlight the key…

135

Under heading 9.4: Note the four focal points or key areas of control as illustrated in figure 9.2.

Change to: Note the four focal points or key areas of control as illustrated in figure 10.2.

135

Under heading “Financial resources”: (see figure 9.2). (refer to table 9.1 for an outline…)

Change to: (see figure 10.2) (refer to table 10.1 for an outline…)

137

Under heading 9.5. Study section 9.5 in the prescribed book. and, …integration of planning and control (figure 9.3).

Change to: Study section 10.5 in the prescribed book. and, …integration of planning and control (figure 10.3).

3 EXAMINATION Students need to study chapters 1-10 in the prescribed book “Introduction to Business Management.”

4 CONCLUSION If you experience any problems in your studies during the semester, please do not hesitate to contact us in writing or by telephone (personal meetings with lectures by appointment only!!!). We wish you everything of the best in your studies. THE LECTURERS: BUSINESS MANAGEMENT 1A DEPARTMENT OF BUSINESS MANAGEMENT TELEPHONE NUMBER: (012) 429-4935 UNISA

© UNISA

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