Textbook Notes for Rotman Commerce at University of Toronto St. George (UTSG)

What is business: business consists of all profit-seeking activities that provide goods and services necessary to an economic system. Not for profit or

Work of managers: developing strategic and tactical plans, analyze competition, plan, organize, direct and control daily operations. Principles of mana

Psychological contract is similar to a legal contract. It is the set of expectations held by an employee concerning what he/she will contribue to an or

Chapter 16: developing and promoting goods and services. Cannot focus on one element of the marketing mix without having to deal with the other marketi

Labour union = group of individuals working together to achieve job related goals (ie higher pay, shorter hours, job security, more benefits, better wo

Wants: form of human need take place as culture & individual needs. Market offerings: combination of products, services, information, or experience off

Chapter 3 j conducting business ethically and responsibility. Ethics are beliefs on what is right and wrong or good and bad. Ethical behaviour is behav

Chapter 17: pricing and distributing goods and services. Looking at the 57. 0,3/ 5,. 041 marketing mix. Influences consumer demand and company

Role of the financial manager - production manager must plan and control output of goods and services; marketing manager must plan and control developm

Securities = stocks and bonds because they represent a secured or asset based claim on the part of investors. People who hold stocks/bonds have a stake

All components of an organization have distinct purposes but they must work in harmony together. How components look and fit together varies from compa

Hr management (hrm) is a set of organizational activities directed at attracting, developing and maintaining an effective work force. Newfound importan