1.4 Flashcards

1
Q

external recruitment:
1. pros(3)
2. cons(2)

A
  1. pros(3)
    - brings in fresh new ideas
    - may have experience and information on competitors.
    - a larger pool of applicants
    effect:
    - higher chance of finding a good employee
  2. cons(2)
    - long and expensive
    - only seen the candidate at recruitment, might not be fully representative
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

internal recruitment:
1. pros (3)
2. cons (2)

A
  1. pros:
    - short and cheap possess
    - employee is already acclimatised to the culture of the business and may already have a good relationship with some team members.
    effect:
    - ↑relationships ↑ moral (mayo)
    - ↑acclimatisation to culture ↓culture clash
    ↑productivity
    - shows job enrichment is available
    -↑moral (Herzberg)
  2. cons:
    - leaves another vacancy in another department
    - can cause resentment among colleges who are not selected
    - ↓moral
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

on the job trainnig
1. pros (3)
2. cons (3)

A
  1. pros
    - easy to organise
    - low cost
    - training is job specific

2.cons
- bad practeces are passed on
- lowers trainers profuctivity
- no new ideas beought to buissness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

off the job training
1. pros (2)
2. cons (2)

A
  1. pros
    - trainers are specialised
    - new ideas are brought to buissenss
  2. cons
    - can be expensive
    - training might not be job spesific
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

sole trader
1. pros (4)
2. cons (4)

A
  1. pros
    - freedom
    - profit (keep 100% of profit)
    - simplicity (less form filling out)
    - cheaper (no leagl costs)
  2. cons
    - risk (no spreading of risk (only one person ))
    - time
    - expertise (may have limeted skills in areas such as finance)
    - vunrability (no one to cover if the trader gets ill)
    - unllimeted liability (sole trader responsible for all the debts of teh buissness)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

leadership:
democratic
1. pros (1)
however (1)

A
  1. pros
    - incresed deligation
    leading to
    incresed employee recognition and while employee receves more responsibility
    leading to
    increased moral (Hazburg or maslow)
    leading to
    incresed productivity
    leading to
    incresed EoS
    leading to
    decreased CPU
    therefore
    competitive advantage

however
high nomber of employes within a democratic leadership structure
leading to
incresed time to make a decision
leading to
decreased reactivity
leading to
lower ability to adapt to changes in consumer trends/need
therefore
lower sales

How well did you know this?
1
Not at all
2
3
4
5
Perfectly