lo4 Flashcards

1
Q

in businesses what are tasks prioritized in terms of

A

workload
conflicting demands of time

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1
Q

what two skills are needed to help manage your time

A

organisation and task focus

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2
Q

what does workload mean

A

the amount of work that needs to be done

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3
Q

in order to meet and complete tasks what deadlines are set to keep employees on track

A

internal / external deadlines
internal / final deadlines
the impact of missing deadlines

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4
Q

what are internal deadlines

A

set within the organisation

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5
Q

what are external deadlines

A

set be someone external to the firm e.g. customer or supplier

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6
Q

what is a interim / final deadline

A

where large projects are broken down into smaller tasks / targets. each of which will be allocated an internal deadline

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7
Q

what is the disadvantage of interim / final deadline

A

interim deadlines are not given the same level of priority as the final deadline resulting in an increased workload as the final deadline approaches

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8
Q

what are the two important factors when prioritising tasks

A

urgency of task
importance

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9
Q

what tasks are important and urgent

A

interviewing a teacher
checking financial position
sending certain reminders
calling a staff meeting to discuss emergencies

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10
Q

what tasks are important but not urgent

A

finding a teacher for a leave vacancy three months hence
scrutiny of question papers
reviewing new programmes implemented
planning for the next term

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11
Q

what tasks are urgent but not important

A

meeting a sale representative
certain phone calls
attending frivolous grievances

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12
Q

neither important nor urgent

A

attending the inauguration of a book stall

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13
Q

what other factors that affect task prioritisation

A

urgency of task
importance of task
length of time required to complete task
significance of originator
interactivity og tasks
suitability of delegation
proximity of appointments
resource constraints
time commitments
diary clashes
complexity of task

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14
Q

what information can a business use to inform prioritisastion

A

internal sources
external sources

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15
Q

how can a business use internal sources to inform prioritisation

A

business objectives - know what tasks need to be done to reach the ultimate business goal
stakeholders resources and budget - include funding, number of employees and skills - if resources are unavailable, the tasks may become a lower priority

16
Q

how can a business use external sources to inform prioritisation

A

changes in the economy - include inteest rates, exchange rates and general economy
- interest rates afffect the cost of borrowing
- exchange rates can affect the price of imports and exports

17
Q

what is SPICED

A

strong
pound
imports
cheaper
exports
dearer

18
Q

what is WPIDEC

A

weak
pound
imports
dearer
exports
cheaper

19
Q

what data sources may be used to inform businesses to help them make decision on how urgent an action is

A

numerical
graphical
tabular

20
Q

what is meant by numerical data sources

A

internal / external data, statistics from customer satisfaction surveys, sales trends and costing can be used to inform the urgency of a task

21
Q

what is meant by tabular

A

data presented in tables or spreadsheets, such as financial accounts or project timescales

22
Q

how can graphical help to make decisions on how urgent an action is

A

graphs or pie charts can be used to illustrate information such as the result of customer satisfaction surveys

23
Q

what does it mean when a task is high priority

A

urgent tasks requiring immediate attention

24
Q

what does it mean when a task is medium priority

A

these are tasks that are not very urgent but needs to be completed as soon as possible

25
Q

what does it mean when a task is low priority

A

tasks which must still be completed but are not urgent and so can be completed when other tasks are done