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211529[PDF] Introduction to Business

Introduction to Business

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Overview Study Material Introduction to Business 2017-2018 1

Preview Summary Introduction to Business

Dear IBA-student,

Welcome at the Erasmus University Rotterdam! You are now reading the Introduction to Business summary for IBA. SlimStuderen.nl and Capita Selecta summarized all the mandatory literature and articles you need to know for your exam, so that you may study in the best possible way. We would like to wish you good luck in advance with studying!

Good luck with your exams!

Team SlimStuderen.nl and Capita Selecta

IBA, Erasmus University Rotterdam

P.S. Do you want to start this academic year with discount on summaries from SlimStuderen.nl and Exam trainings from Capita Selecta? When ordering summaries before October 1st 2018 on our

Quality

Our summaries and course materials contain everything you need in order to pass the course; nothing more and nothing less. Every trimester, the mandatory literature is being summarized by an experienced author. The lectures and important workshops are also summarized, which allows you to be less stressed when missing out on one of them. With a subscription you will profit of high discounts! Do you want to receive the summaries as soon as they are available and with a discount? Buy a subscription and you automatically receive all summaries at your doorstep!

Join us

SlimStuderen.nl and Capita Selecta are always looking for authors! Are you interested in earning Stay in contact with SlimStuderen.nl and Capita Selecta Do you want to stay in touch with SlimStuderen.nl, are you curious about our online contests or would you like some additional study tips? Connect with us via:

SlimStuderen.nl

/SlimStuderen @SlimStuderen.nl info@slimstuderen.nl

010 214 06 01

06 43 95 27 16

CapitaSelecta.nl

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010 214 23 94

06 45 34 14 74

Overview Study Material Introduction to Business 2017-2018 2

Table of Contents

Preview Summary Introduction to Business .............................................................................. 1

Course information .................................................................................................................... 3

Chapter 1: System Theory and Contingency Approach ............................................................. 4

Chapter 2: Globalization, Business Cooperation and Integration .............................................. 8

Answers to Practice questions ................................................................................................. 15

Terminology.............................................................................................................................. 17

Epilogue .................................................................................................................................... 18

Overview Study Material Introduction to Business 2017-2018 3

Introduction to Business

Course information

The course Introduction to Business covers various aspects of businesses, ranging from globalization and risk management to entrepreneurship and management. The main aim of the course is to familiarize students with basic business vocabulary and key concepts. Furthermore, the shadow knowledge in the assignment. The final grade is based on:

Shadow assignment 30%;

Closed book written test part 1 (mc questions) 35%; Closed book written test part 2 (mc questions) 35%. The multiple-choice exams each consist of thirty questions with three possible answers and count for

35% of your final grade. Besides this, you can score a high grade for your shadow assignment quite

easily if you put some effort into it. This can really help boost your final grade, as it counts for 30% of

your final grade. The average for the shadow assignment last year was a 7.6.

There will be 30 questions in total for the first multiple choice exam. The 10 chapters in this booklet

are equally important; every chapter covers about 3 questions in the exam. Some shorter chapters might have 2 questions, or longer chapters could have 4 questions, but in most cases, every chapter covers 3 questions.

Tips & Tricks

For this course it is very important that you learn from both the literature and the lectures. Make sure you do study both! The lecturer will give you information that you cannot find in the book, but

will be asked for in the exam. This is why attendance at all of the lectures is highly recommended. For

studying the literature. Also make sure that you understand all of the concepts and pay attention to possible keywords related to the concepts, as that might help you answer some tricky questions. There will probably also be a few questions that ask about the text in detail, so if you are really aiming for a high grade, you should pay attention to the details. In general, the information mentioned in the lecture and given in the PowerPoint slides are most important. This summary will also explain all necessary concepts and terminology. The mid-term requires you to study the lectures and the book mentioned in the course manual. The second written test also requires you to study the strategy textbook. The first round of exams might be quite overwhelming for some of the second test and in the shadow assignment. This summary will discuss the material from the book, combined with the information from the lectures. There are practice questions at the end of each chapter, which can be compared to the questions you will get on your exams. At the end of the booklet you can find the answers to these questions, and a list where you can find all of the terminology, with the corresponding page numbers. Need extra help? In addition to this summary there is an online course by SlimAcademy.nl available to help prepare you for the exam! Overview Study Material Introduction to Business 2017-2018 4

Chapter 1: System Theory and Contingency Approach

This chapter examines the concept of conducting business and places the business in its context.

Introduction to Business

EUIA-EXAMPLE

SilverGoldPlatinumDiamond

Minimum Discount

20%20%30%35%

Online course

Hard Copy

Summaries

Digital

Summaries

Exam trainings on

location

Obtain all of your ECTS-credits

with the study support of

SlimAcademy!

Curious about the subscriptions we oer for your study? Take a look at SlimStuderen.nl and CapitaSelecta.nl for the possibilities. If you purchase your subscriptio n before the rst of October, you will have a chance on winning free college tuition for 1 year!

010 - 214 06 01 (reachable from 13:00 to 17:00)

Whatsapp: 06 43 95 27 16 (reachable from 9:00 to 17:00) info@slimstuderen.nl

Our study support products:

venient subscriptions! Purchase a SlimAcademy subscription for the perfect preparation for your exams! You will receive all the products from your subscription automatically at home for free and you will save up to 60% (compared to buying the products separately).

Hard Copy Summary

Digital Summary

Summary Combi

Online Course

Exam training on location

Thesis tutoring

starting from €6,95 starting from €5,95 starting from €9,95 starting from €9,95 starting from €111,95 starting from €49,95 p/h

Study support subscriptions:

Win free tuition for 1 year!

1 year of free tuition?

Overview Study Material Introduction to Business 2017-2018 1

Preview Summary Introduction to Business

Dear IBA-student,

Welcome at the Erasmus University Rotterdam! You are now reading the Introduction to Business summary for IBA. SlimStuderen.nl and Capita Selecta summarized all the mandatory literature and articles you need to know for your exam, so that you may study in the best possible way. We would like to wish you good luck in advance with studying!

Good luck with your exams!

Team SlimStuderen.nl and Capita Selecta

IBA, Erasmus University Rotterdam

P.S. Do you want to start this academic year with discount on summaries from SlimStuderen.nl and Exam trainings from Capita Selecta? When ordering summaries before October 1st 2018 on our

Quality

Our summaries and course materials contain everything you need in order to pass the course; nothing more and nothing less. Every trimester, the mandatory literature is being summarized by an experienced author. The lectures and important workshops are also summarized, which allows you to be less stressed when missing out on one of them. With a subscription you will profit of high discounts! Do you want to receive the summaries as soon as they are available and with a discount? Buy a subscription and you automatically receive all summaries at your doorstep!

Join us

SlimStuderen.nl and Capita Selecta are always looking for authors! Are you interested in earning Stay in contact with SlimStuderen.nl and Capita Selecta Do you want to stay in touch with SlimStuderen.nl, are you curious about our online contests or would you like some additional study tips? Connect with us via:

SlimStuderen.nl

/SlimStuderen @SlimStuderen.nl info@slimstuderen.nl

010 214 06 01

06 43 95 27 16

CapitaSelecta.nl

/CapitaSelectaStudieondersteuning @CapitaSelecta klantenservice@capitaselecta.nl

010 214 23 94

06 45 34 14 74

Overview Study Material Introduction to Business 2017-2018 2

Table of Contents

Preview Summary Introduction to Business .............................................................................. 1

Course information .................................................................................................................... 3

Chapter 1: System Theory and Contingency Approach ............................................................. 4

Chapter 2: Globalization, Business Cooperation and Integration .............................................. 8

Answers to Practice questions ................................................................................................. 15

Terminology.............................................................................................................................. 17

Epilogue .................................................................................................................................... 18

Overview Study Material Introduction to Business 2017-2018 3

Introduction to Business

Course information

The course Introduction to Business covers various aspects of businesses, ranging from globalization and risk management to entrepreneurship and management. The main aim of the course is to familiarize students with basic business vocabulary and key concepts. Furthermore, the shadow knowledge in the assignment. The final grade is based on:

Shadow assignment 30%;

Closed book written test part 1 (mc questions) 35%; Closed book written test part 2 (mc questions) 35%. The multiple-choice exams each consist of thirty questions with three possible answers and count for

35% of your final grade. Besides this, you can score a high grade for your shadow assignment quite

easily if you put some effort into it. This can really help boost your final grade, as it counts for 30% of

your final grade. The average for the shadow assignment last year was a 7.6.

There will be 30 questions in total for the first multiple choice exam. The 10 chapters in this booklet

are equally important; every chapter covers about 3 questions in the exam. Some shorter chapters might have 2 questions, or longer chapters could have 4 questions, but in most cases, every chapter covers 3 questions.

Tips & Tricks

For this course it is very important that you learn from both the literature and the lectures. Make sure you do study both! The lecturer will give you information that you cannot find in the book, but

will be asked for in the exam. This is why attendance at all of the lectures is highly recommended. For

studying the literature. Also make sure that you understand all of the concepts and pay attention to possible keywords related to the concepts, as that might help you answer some tricky questions. There will probably also be a few questions that ask about the text in detail, so if you are really aiming for a high grade, you should pay attention to the details. In general, the information mentioned in the lecture and given in the PowerPoint slides are most important. This summary will also explain all necessary concepts and terminology. The mid-term requires you to study the lectures and the book mentioned in the course manual. The second written test also requires you to study the strategy textbook. The first round of exams might be quite overwhelming for some of the second test and in the shadow assignment. This summary will discuss the material from the book, combined with the information from the lectures. There are practice questions at the end of each chapter, which can be compared to the questions you will get on your exams. At the end of the booklet you can find the answers to these questions, and a list where you can find all of the terminology, with the corresponding page numbers. Need extra help? In addition to this summary there is an online course by SlimAcademy.nl available to help prepare you for the exam! Overview Study Material Introduction to Business 2017-2018 4

Chapter 1: System Theory and Contingency Approach

This chapter examines the concept of conducting business and places the business in its context.
  1. questions and answers for introduction to business management