Purpose of JIT and JIC (Just in Case) inventory management

Impact of adopting a JIT approach on a business

Management Management and managers

Traditional manager functions: planning, organizing, directing, controlling

Role of managers: Fayol, Mintzberg

Contribution of managers to business performance

Management styles: autocratic, democratic, laissezfaire, paternalistic

McGregor’s Theory X and Theory Y managers

Management and workforce relations

Benefits of cooperation between management and workforce

Impact of trade union involvement in the workplace including their role in collective bargaining

Approaches to Costing