ITEE ITEE-1 | Page 43

Reference Buzz session “Buzz” refers to enthusiastic chatter. ●Buzz session A “buzz session” is a method for holding unstructured discussions and collecting ideas in a small group of people. In a buzz session, a discussion proceeds as follows. Break into groups Participants are broken into small groups of 5–8 people. Assign roles Each group decides on a leader and note-taker. Discussion within group Each group has a discussion on a theme, lasting about 10 minutes. Decide on a position Each group takes a position on its theme. Presentation of positions The leader of each group presents the group’s position. 1-1-3 Accounting and financial affairs “Accounting” refers to recording, calculating, and organizing profit and loss events. This process is referred to as a “financial affair,” and the results are managed using several types of “financial statements.” 1 Sales and profit Managers of a corporation always need to be aware of “sales” and “volume of sales” in the course of their business activities. Towards that end, they aim to manage “profit” and “loss,” adjust inventories, and achieve maximum profit for little cost. 37