AO1 Flashcards

1
Q

Elements of a corporate culture?

A

Values and practices: how the business operates day-to-day, e.g.: dress code, language used by staff, processes in the workplace

Symbols: events/objects put in place to represent something the business sees as important, e.g.: team building games to emphasise the importance of working as a team

Rituals/celebrations: e.g.: regular social gatherings to emphasise and help staff to get along with each other

Heroes: examples of behaviour to look up to, e.g.: employee of the month

To develop/change the culture, managers can focus on the above elements

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2
Q

Corporate culture?

A

shared beliefs, ideas, and values by members of a business

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3
Q

OFFICLAL CORPORATE CULTURE:

A

how the business’ culture is meant to be, e.g.: shown in an official way in policies, objectives, slogans.

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4
Q

REAL CORPORATE CULTURE:

A

how the business’ culture is in practice, e.g.: how management and staff actually behave and operate.

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5
Q

distinguish between management styles and management skills

A
styles = behaviour/attitude with decision making,
skills = abilities/competencies in different areas
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6
Q

5 management skills

A
leading 
decision making 
interpersonal skills 
communication 
planning
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7
Q

COMMUNICATION:

A

transfer of information from sender to receiver, with the sender listening to feedback.

Can be verbal (involving words – spoken or written), or non-verbal (e.g.: diagrams, body language)

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8
Q

DELEGATING:

A

giving authority to employees to do certain tasks and make certain decisions. “Here I’ll leave this to you, as I can’t manage everything”

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9
Q

Management skills ?

A

Management skills are the abilities or competencies that managers use to achieve business objectives

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10
Q

LEADING:

A

LEADING: influencing and motivating people to achieve business objectives, e.g.: congratulating good performance, being a good example of how to the job properly and easily, acting ethically to people

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11
Q

DECISION MAKING:

A

DECISION MAKING: identifying possible options and choosing the best option – needs to be done reasonably quickly. Steps involved same as ‘planning process’. If done as group, more ideas, but may take longer to reach decision

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12
Q

INTERPERSONAL SKILLS:

A

INTERPERSONAL SKILLS: ability to deal with people and develop a positive relationship with them (e.g.: clear communication, being respectful and non-threatening)

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13
Q

Management style ?

A

Management style is the behaviour and attitude of the manager when making decisions

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14
Q

5 TYPES OF Management style

A

1) Autocratic:
2) Persuasive:
3) Consultative:
4) Participative:
5) Laissez-faire

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15
Q

1) Autocratic:

A

1) Autocratic: Manager makes all decisions clearly and expects to be obeyed without question

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16
Q

2) Persuasive:

State 2 advantages and 2 disadvantages of each style.

A

2) Persuasive: Manager makes all decisions clearly, but provides reasons for his decisions (to get employees ‘on board’ with his mindset)

17
Q

3) Consultative:

State 2 advantages and 2 disadvantages of each style.

A

3) Consultative: Manager asks staff for their viewpoint before making decisions (note: manager still makes decisions, he just consults with staff before)

18
Q

4) Participative:

State 2 advantages and 2 disadvantages of each style.

A

4) Participative: Manager allows staff to also make decisions

19
Q

5) Laissez-faire:

State 2 advantages and 2 disadvantages of each style.

A

5) Laissez-faire: staff take full control of decision making

20
Q

Management responsibilities

A

Different things need to be managed in a business, so it’s good to divide up the responsibilities into different areas

21
Q

Management responsibilities
- WHAT THEY OVERSEEE
- POSSIBLE STRATEGIES
Operations

A

Producing the product/service

  • Using technology
  • Minimising waste
  • Quality control
22
Q

Management responsibilities
- WHAT THEY OVERSEEE
- POSSIBLE STRATEGIES
Operations

A

Producing the product/service

  • Using technology
  • Minimising waste
  • Quality control