Defenitions Theme 1 Flashcards

1
Q

Marketing

A

The process of getting your product to as many people who need and want it as possible

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2
Q

Market orientation

A

The business reacts to what the consumer wants

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3
Q

Product orientation

A

The firm produces a product that they are good at and what they think consumers want

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4
Q

Primary/field research

A

First hand information

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5
Q

Laissez-faire

A

Leader has little input trusts staff

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6
Q

Autocratic/authoritarian

A

Holds onto as much power as possible little delegation

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7
Q

Paternalistic

A

Leader decides what’s best for employees

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8
Q

Democratic

A

Power with group as a whole

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9
Q

F.W Taylor

A

Money motivates people
Price rate

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10
Q

Elton Mayo

A

Employees motivated by relations and friendship at work

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11
Q

Abraham Maslow

A

Hierarchy of needs
Workers motivated to achieve certain things over others

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12
Q

5 parts to hierarchy of needs

A

Self actualisation
Esteem
Love and belonging
Safety needs
Psychological needs

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13
Q

Fredrick Herzberg

A

Satisfied by hygiene (salary) and motivational (recognition) factors

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