business functions Flashcards

1
Q

two different approaches to HR?

A

hard vs soft approach= hard emphasises the resources aspect and soft emphasises the human aspect

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2
Q

what is the harvard 4 c’s model of HRM?

A

commitment, competence, congruence and cost-effectiveness

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3
Q

guidance for managing an IT function?

A

monitoring, planning, structure, staffing and skills

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4
Q

What is a marketing orientated business?

A

one which accepts the needs of potential customers as the basis of its operations = success based on developing and marketing products which satisfy those needs

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5
Q

sales orientation?

A

i.e. pressure selling= purpose is to sell more of the product or service which they already have available

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6
Q

production orientation?

A

business is preoccupied with making as many units as possible

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7
Q

product orientation?

A

the company falls in love with its product- often seen with high-tech industries

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8
Q

customer

A

the person who purchases and pays for a good or service

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9
Q

consumer

A

the ultimate user of the good or service

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10
Q

what goods are sold in consumer markets?

A

FMCG’s and consumer durables

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11
Q

what are industrial markets?

A

B2B e.g. oil

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12
Q

what is marketing segmentation?

A

division of the market into homogenous groups of potential customers that may be treated similarly for marketing purposes

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13
Q

markeitng mix?

A

set of controllable marketing variables that a firm blends to produce the response it wants in the target market- kotler

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14
Q

what are the 4 p’s of marketing mix?

A

product, price, promotion, place

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15
Q

what are the 4 types of promotion?

A

sales promotion, advertising, public relations, personal selling

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16
Q

pull promotion?

A

persauding the ultimate consumer to buy

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17
Q

push promotion?

A

ensuring products/services are available to consumers by encouraging intermediaries eg. sainsburys, to stock items

18
Q

what are the three extra p’s for services marketing mix?

A

people, processes, physical evidence

19
Q

what variables does operations management balance?

A

demand, resources, capacity(i.e of machines and people), inventory levels, performance of the process which creates the goods or services

20
Q

what are the 4 factors of procurement mix>

A

quantity, quality, price, ‘lead time’

21
Q

What is the technostructure of a company?

A

specialists in functional areas such as IT or HR

22
Q

What is the strateig apex?

A

MD

23
Q

middle line?

A

middle line of managers

24
Q

fayols 14 principles of organisational structure?

A
division of work 
scalar chain 
correspondence of authority and responsibility 
appropriate centralisation 
unity of command
unity of direction
initiative
subordination
discipline
order
stability
equity
renumeration
esprit de corps
25
Q

simple strucutre

A

simple dynamic
small, young, simple tasks
strategic apex
direct supervision

26
Q

machine bureacracy/functional

A

simple static
large, old,regulation
technostructure
standardisation of work

27
Q

professional bureaucracy

A

complex, static
professional,simple systems
operating core
standardisation of skills

28
Q

divisionalised

A

simple, static, diverse
very large, old, divisible tasks
middle line
standardisation of outputs

29
Q

adhocracy/innovation

A

complex dynamic
young complex tasks
operating core
mutual adjustment

30
Q

what is the matrix structure?

A

formalises vertical and lateral lines of communication
may be temporary i.e a one off contract
managers are appointed for projects or customers and liase with managers from each function
LOOKS LIKE A GRID

31
Q

who is the matrix structure suitable for?

A

r and d departmenrs
educational establishments where lectureres report to both subject and course heads
complex/high tech industries

32
Q

what is centralisation?

A

when decision making is concentrated in one place i.e the strategic apex

33
Q

what is distributed ledger technology (blockchain)

A

data shared across organisations network and also could be shared across organisations which have a shared interest

34
Q

what is span of control?

A

the number of people (subordinates) reporting to one person

35
Q

what determines the shape of an organisation?

A

management hierarchy

36
Q

scalar chain

A

chain of command from the most senior role to the most junior role

37
Q

tall business

A

narrow pans of control, large number of levels in management hierarchy

38
Q

flat business

A

small number of hierarchical levels= wide spans of control

39
Q

mechanistic business?

A

stable, efficient and suitable for slow changing environemnts

40
Q

organic businesses

A

flexible, adaptive and suitable for fast changing or dynamic environments

41
Q

what sort of structure is bureaucracy?

A

mechanistic