UB - Internal Factors Flashcards
1
Q
Lack of finance - effects
A
CAN'T IMPLEMENT DECISIONS - can't expand by developing new products - can't offer wage rises for motivation MUST CUT COSTS - forced to make redundancies - forced to delayer management
2
Q
Staff - effects
A
MANAGERS
- level of risk, ‘safe’ option neglects objectives
- too much risk can put organisation in financial difficulties
EMPLOYEES
- training, well trained employees are effective
- morale, may cause drop in performance or strike
- capacity, business must be fully staffed to perform well, lack of subject teachers
3
Q
Technology - effects
A
- breakdown, of WiFi or production machines, bad
- loss of relationships, damages employee morale
- lack of technology, no website puts behind competitors
- financial cost, initial setup cost
- staff need to be trained, on how to use, time consuming
4
Q
Corporate culture - COC
A
- company values, strong CSR policy
- office layout, open planned and relaxed encourage communication
- corporate colours, EasyJet ‘orange’ culture, corporate identity, customers recognise
5
Q
Advantages of strong corporate culture
A
- flexible working allows staff to work when most productive
- employees feel part of organisation through jargon, uniforms
- high-quality staff attracted to business due to culture
6
Q
Disadvantages of strong corporate culture
A
- modern office cultures make staff feel distant
- management can lose focus/control if culture ‘loose’
- staff may resist change