panik lurn

Question 1

mcgregor theory x

Answer 1

ndividuals who dislike work and avoid it where possible

• Individuals who lack ambition, dislike responsibility and prefer to be led
• Individuals who desire security

The management implications for Theory X workers were that, to achieve organisational objectives, a business would need to impose a management system of coercion, control and punishment.

Question 2

theory y

Answer 2

Consider effort at work as just like rest or play
- Ordinary people who do not dislike work. Depending on the working conditions, work could be considered a source of satisfaction or punishment
- Individuals who seek responsibility (if they are motivated
The management implications for Theory X workers are that, to achieve organisational objectives, rewards of varying kinds are likely to be the most popular motivator. The challenge for management with Theory Y workers is to create a working environment (or culture) where workers can show and develop their creativity.

Question 3

gearing

Answer 3

non current liabilities/(total equity + non current liabilities)

Question 4

ROCE

Answer 4

operating profit/ total equity+ non current liabilities x100

Question 5

acid test ratio

Answer 5

current assets- stock/ current liabilities

Question 6

current ratio

Answer 6

current assets- current liabilities

Question 7

gross profit margin

Answer 7

gross profit/ sales revenue x100

Question 8

net profit

Answer 8

net profit/ sales revenue x100

Question 9

debtor days

Answer 9

trade receivables(debtors)/ sales revenue x365

Question 10

creditor days

Answer 10

trade payables/ cost of sales x365

Question 11

blake and mouton

Answer 11

Impoverished Management.
 Authority Obedience. 
organization Man Management
 Country Club Management.
 Team Management.