- •Economic and management
- •Introduction
- •2. Allocation of study time
- •3. The content of the discipline
- •4. Educational-methodical maintenance of discipline.
- •4.1. List of basic and additional literature.
- •4.2. A list of the main forms and methods of training and control of educational achievements.
- •4.3. The list of guidelines and technical training.
- •4.3.1 Methodological support independent work
- •4.3.2 Logistics discipline
- •5. The rating system of control of knowledge of students.Assessment criteria on students1 knowledge:
- •6. Form for the description of the module
- •2. Discipline data
- •3. Prerequisites
- •4.Postrequisites
- •5. Brief course description
- •6.Course content
- •6.1 Lectures Topics
- •6.2 Practical classes’ topics
- •7.Schedule of student’s output
- •8. Reference The basic literature
- •The additional literature:
- •9. Course policy Students are not allowed to
- •10.Knowledgeassessment
- •11.1 Approximate scheme of knowledge assessment during the course
- •11.2 Approximate scheme of the student’s grading at the exam
- •1.Economics as a science
- •1.1Why Study Economics?
- •1.2 The Scope of Economics
- •1.3 The Method of Economics
- •1.4 Appendix: How to Read and Understand Graphs
- •2. Economic systems
- •2.1 Economic Questions and Economic Systems
- •2.2 Production Possibilities Frontier
- •2.3 Comparative Advantage
- •3. Laws of market economy
- •3.1 Theory of Demand
- •Individual Demand
- •3.2 Theory of Supply
- •Individual Supply
- •3.3 Market Equilibrium
- •3.4 Government Intervention in the Market
- •4. The world economy
- •4.1 “Globalization”
- •4.2 Elements of the World Economy
- •4.3 Ways that Countries Interact
- •4.4 Policies that Affect Others
- •5 Indicators of economic efficiency
- •5.1 Indicators of economics efficiency
- •5.2 Business Cycle
- •4 Stages of the Business Cycle
- •5.3 Aggregate Demand and Supply
- •6. Management. Definitions and principles
- •6.1 Definition. Management function. Process of Management
- •6.2 Managerial Skills. Order of Management. Efficiency & Effectiveness
- •1 Division of Work:
- •7. Planning
- •7.1 Definition. Process of planning
- •7.2 Principles and types of planning
- •7.3 Group or sectional planning
- •8. Organizing
- •8.1 Definition of organizing. Fundamental concept of organizing.
- •Importance of Organizing
- •8.2 Importance of organizing.
- •Importance of organizing:
- •8.3 Process of organizing.
- •Motivation
- •9.1 Definition оf motivation
- •9.2 Qualities Of Motivation. Process of motivation
- •9.3 Six c’s of motivation. Basic model of motivation.
- •9.4 Theory of motivation. Case study
- •Controlling
- •Definition оf controlling. The Control Process
- •Establish Objectives and Standards. Measuring Actual Performance
- •10.3 Types of control
- •10.4 Organizational Control Systems
- •11 Marketing
- •11.1 Definition of marketing and marketing evolution
- •11.2 Marketing process
- •11.3 Marketing Approaches and Customer Orientation siva
- •Promotion
- •12.1 Definition of promotion and promotion objectives
- •12.2Developing And Managing An Advertising Program
- •12.3 Sales Promotion
- •13. Price
- •13.1 The Importance of Price
- •13.2 Pricing Considerations
- •Skimming Pricing Strategy (Gillette Mach3)
- •Penetration Pricing Strategy (Nintendo)
- •Intermediate Pricing Strategy
- •14. Sale and Distribution
- •14.1 Definition of sales and distribution
- •14.1 Definition of sales and distribution
- •14.2 Managing the sales force:
- •14.3 Methods of Selling and Channel Management and Channel strategy
- •Sales Policy.
- •15. Advertisement. Packing
- •15.1 Definition of advertising and packing
- •15.2 Advertising and Marketing
- •15.3 The main aspects of packing
- •1. Management. Definitions and principles
- •2. Evolution of management
- •A Defective Product
- •3. Organizations
- •Quality is not what you think
- •4. Goals of management
- •5. System approach
- •6. Internal and external environment
- •My Favourite Boss
- •7. Authorities and delegation
- •8. Individuals and team management
- •I think you'll like our new ... On the wall outside.
- •Coca Cola and Pepsi are both famous ... .
- •9. Planning
- •10. Organization
- •11. Motivation
- •12. Controlling
- •13. Communications
- •14. Decision making
- •Project
- •Insider trading
- •15. Management culture and ethics
- •The Unforgiving Demands of ‘Six Sigma’ Process Controls
- •Schedule of student’s output № 1
- •What it’s Like to be a Manager
- •Schedule of student’s output № 2
- •Schedule of student’s output № 3 media dependence on public relations
- •Vocabulary:
- •Schedule of student’s output № 4
- •Schedule of student’s output № 5
- •Schedule of student’s output №6
- •Schedule of student’s output № 7
- •Ethical Investing Linked to Lifestyle and Image
- •Schedule of student’s output № 8
- •Being Ethical
- •Schedule of student’s output №9
- •Schedule of student’s output №10
- •Questions for the interim control for the subject "Economics and management"
- •Tests to consolidate students' knowledge
- •Literature
A Defective Product
The product was launched two years ago. Shortly after that, complaints were received about its … and … . Because of market feedback, it was … so that any faults could be investigated. At the same time, it was withdrawn from sale. After extensive tests, a fault was … by engineers. As a result, they were able to correct the fault and the product was … . It as then … under controlled conditions. Finally, the redesigned product was … in the market. Unfortunately, it … due to lack of consumer confidence caused by bad publicity.
Exercise 3. Study some more words and word groups concerning quality control and customer service. Match them with their Russian equivalents.
1. after sales care |
a) дефект, недостаток |
2. consumer satisfaction |
b) мониторинг; контроль, наблюдение |
3. faults |
c) текущий контроль, текущая проверка |
4. monitoring |
d) послепродажное обслуживание |
5. routine checks |
e) изъян, дефект, недостаток |
6. flaws |
f) гарантия |
7. warranty |
g) минимальный стандарт |
8. minimum standard |
h) удовлетворенность потребителей |
3. Organizations
Exercise 1. Match the words and word groups from ex. 6 to the correct headings.
Problems, Quality Control, Customer Service |
Exercise 2. Before reading the text write your definition of quality.
Quality is not what you think
There was a claim a few years ago that quality is free – higher quality leads to higher profits. It only requires a second’s thought to see that this claim is quite absurd. Harrods makes less profi t than Wal-Mart, the Savoy
Hotel was not as good an investment as Forte Travelodges, and Anita Brookner earns less from her novels than Jeffrey Archer. Not many people need, or will pay for, the level of quality which Harrods, the Savoy and Anita Brookner provides.
I expect that several management consultants have already switched on their computers to communicate with the editor of this newspaper. They will write that I have completely misunderstood what is meant by quality. Other people would say that the Waterside Inn at Bray provides better quality meals than McDonald’s. That is how the Michelin restaurant guide judges quality when it gives three stars to the Waterside Inn and does not list McDonald’s at all. It is also what ordinary people mean by quality, and is why your partner will be happier if you celebrate your wedding anniversary at the Waterside than at McDonald’s.
But that ordinary meaning of quality is not what business consultants mean by quality. What they mean is quality relative to customer expectations, or quality relative to what you set out to achieve. By these standards, McDonald’s quality is outstanding, and that is why McDonald’s is such a successful company. There is a sense in which this is right. But because there is no observation which could ever disprove this claim, it gives you no practical help.
So does the pursuit of quality mean these fi rms should change what they do? Should McDonald’s offer duck à l’orange, or the Waterside Inn offer even more delicious food at even higher prices? I don’t know and nor does anyone. And the instruction to pursue quality creates confusion among simple people who thought that quality meant what it usually means. It had precisely that effect at British Home Stores, which thought it had to move upmarket, only to discover that Marks and Spencer customers were happy at M@S and British Home Stores customers didn’t want to pay the extra.
From the Financial Times
N o t e s. Harrods is a famous department store in London; Wal-Mart is a chain of American discount stores. The Savoy Hotel is a luxury hotel in London; Forte Travelodges is a chain of cheap motels found on motorways in Britain. Anita Brookner is an ‘intellectual’ British novelist; Jeffrey Archer is a popular, best-selling novelist. The Waterside Inn is a very good restaurant.
Exercise 3. Look through the whole article and do the following.
a) Find five organizations/people producing or selling mass-market products.
b) Find five organizations/people producing or selling quality products.
c) Say what type of business the organizations/people are in.
Exercise 4. If a claim is absurd, it is
a) reasonable.
b) ridiculous.
c) interesting.
