Mnb1601 Study guides, Study notes & Summaries

MNB1601 & MNB1501 Prescribed Book: Introduction To Business Management (11th Edition) Erasmus, B (2019). 5769.

MNB1601 SUMMARY STYDY NOTES 2022. OPERATIONS MANAGEMENT The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantity of produc...

MNB1601 Summary Notes

MNB1601 SUMMARY STYDY NOTES 2022. MNB1601 - Business Management IB The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantit...

This document has all the questions and answers for mnb1601 and they are easy to find

MNB1601 study guidance STUDY UNIT 1: THE BUSINESS WORLD AND BUSINESS MANAGEMENT primarytask of business management:  Determine how an enterprise can achieve the highest possible output with the least possible input, or  An examination of factors methods and principles that enable a business to efficiently and productively maximize profits Needs order  Self-Realisation  Esteem Needs  Social Needs  Security Needs  Physiological needs Overlap Physical and Psychol...