Quick Revision of Key Topics Flashcards
1
Q
Centralisation Advantages
A
- Close control and management supervision
- Strong leaders make decisions
- Control over aspects like finance
2
Q
Centralisation Disadvantages
A
- Staff may feel over supervised
- Bureaucracy and diseconomies of scale
3
Q
Decentralisation Advantages
A
- Empowerment/delegation motivates
- Less management overhead costs
4
Q
Decentralisation Disadvantages
A
- Lower hierarchy stressed
- Manager may feel loss of control
5
Q
Delayering Advantages
A
- Empowerment/delegation motivates
- Less management overhead costs
6
Q
Delayering Disadvantages
A
- Potential loss in experience, lower hierarchy may be inexperienced
- Managers loss in control
7
Q
Soft Advantages
A
- Training more productive
- Not lots of recruitment
- Motivates from empowerment
8
Q
Soft Disadvantages
A
- Very costly, opportunity cost if training is needed
- Managers lose delegated powers
- Threat of poaching trained staff
9
Q
Hard Advantages
A
- Low recruitment costs
- Managers control decisions
- Reward systems relative to contribution
10
Q
Hard Disadvantages
A
- Demotivation, little care/empowerment
- May not be motivated by money
- Employees have Kaizen knowledge
11
Q
CPA Advantages
A
- Smooth operations
- See potential delays
- Resources specifically ordered
12
Q
CPA Disadvantages
A
- Doesn’t ensure effective management
- Can be incorrectly completed
- Doesn’t account for uncertainties
13
Q
Marketing Plan Advantages
A
- Helps remove barriers to knowledge
- In line with corporate objective so that is achieved
- Motivation to achieve it
14
Q
Marketing Plan Disadvantages
A
- May not have sufficient contingency
- Cost/Time/Resources available, opportunity cost
15
Q
Lean Production Advantages
A
- Reduced Costs
- More efficient production
- Motivation from Kaizen
