Unit 2 (People in business) Flashcards

1
Q

Theory of the economic man

A

Workers are motivated just by money alone.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Hygiene Factors

A

Factors that must be present in the workplace to prevent job dissatisfaction.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Motivator factors

A

Factors that influence a person to increase their efforts.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Organisation Chart

A

Levels of management and division of responsibility.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Organisational structure:

A

The formal, internal, framework, of a business that shows how it is managed and organised.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Hierarchy

A

Number of levels in an organisational structure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Chain of command

A

The route through which authority is passed down through an organisation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Delegation

A

Passing authorities down through the organisational hierarchy to a subordinate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Span of control

A

The number of subordinates reporting to each supervisor/ manager

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Centralised

A

Where all the important decision-making power is held at the head office or at the centre

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Decentralised

A

Where decision-making powers are passed down the organisation to lower levels.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A manager

A

Is an individual who is in charge of a certain group of tasks, or a certain area or department of a business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Delegation

A

Is the assignment of authority and responsibility to another person to carry out specific activities.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are the main three leadership styles?

A

1) Autocratic
2) Democratic
3) Laissez- faire

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Autocratic Leadership

A

A leadership style where the leader makes all the decisions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Democratic leadership

A

A leadership style where workers take part in the decision making.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Laissez-faire

A

A leadership style where most of the decisions are left to the workers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Trade union

A

An organisation that is formed and financed by workers for the purpose of protecting the interests of its members and improving their pay and working conditions.

19
Q

Recruitment

A

The process of filling a vacant post within a business, this can either be internal or external.

20
Q

Internal recruitment

A

Filling a vacant post with someone employed in the business

21
Q

External recruitment

A

Filling a vacant post with someone who is not already employed in the business.

22
Q

Job description

A

A written document that provides all the details about what a job involves.

23
Q

Person specification:

A

A list of all the qualifications, skills, experience and personal qualities looked for in a successful applicant

24
Q

What are the reasons for reducing the size of the workspace

A

Resignation, retirement, redundancy, dismissal

25
Resignation
Termination of employment by the employee - e.g found a job elsewhere
26
Retirement
Worker is reaching an old age beyond which they do not need to work.
27
Redundancy
Termination by the employer because the job is no longer needed.
28
Dismissal
Termination by the employer because the worker has broken company rules or is not performing work to the required standard
29
Contract
Legally binding agreement between the employer and the employee.
30
Unfair dismissal
An act of employment termination made without a good reason.
31
Discrimmination
Being treated unfairly by an employer based on your race, sex, religion, age etc.
32
Health and safety
This law helps to protect workers from injury or physical discomfort.
33
Legal minimum wage
This law has been introduced in many countries to prevent employers from exploiting workers.
34
Internal communication
Where employees communicate with each other (colleagues,managers,subordiantes) within the business
35
External communication
Communicating with people or organisations outside of the business.
36
Communication media
The methods used to communicate a message (e.g telephone,email,meeting)
37
What are the 4 communication methods?
Oral Written Visual Electronic
38
What are barriers to effective communication?
- Problems with the communication channel - Problems between sending and receiver - Problems with physical environment.
39
job rotation
involves employees swapping around and doing tasks for only a limited amount of time
40
job satisfaction
the enjoyment derived from feeling that you have done a good job
41
job enrichment
involves looking at jobs and adding tasks that require more skill and responsibility
42
time rate
the amount paid to an employee for one hour of work
43
piece rate
an amount paid for each unit of output