Identify and explain two advantages of having part-time employees.
More flexible/easier to ask employees to work at busy times, Easier to find workers
Define ‘tertiary sector’.
business or industry which provides OR sells services to consumers OR other sectors of the economy
Outline two reasons why ‘Taylor’s theory of motivation might not work’ at a company
Financial rewards might not motivate workers because they enjoy what they do, Non-financial factors might be more important e.g. Being able to work part time
Which one is better for a company to use on-the-job or off-job-training?
Workers have access to skilled trainers so know how to use the system, employees can carry on working within their team improving productivity.
Identify two ways to measure the size of a business
Sales value OR value of output OR revenue, Capital employed, Value of balance sheet, Market share
Identify two methods that a company could use to communicate with its customers.
Email, letter, meeting, phone, facetime/skype, text/sms, social media
Name one advantage of the a laissez-faire leadership style?
Encourages loyalty / motivation as managers can run own shops so less likely to leave
Define ‘private limited company.
Businesses owned by shareholders buy they cannot sell share to the public
How Advertising the job vacancies could help a company in the recruitment process?
Make people aware about the jobs increasing the number of potential applicants, provide people with information about culture, can target suitable people.
Identify two ways a company could use to advertise job vacancies.
local newspaper, Job center/government agency
Explain two non-financial methods that might use to increase employee motivation.
Offer fringe benefits Job rotation, Team working, Training
Define ‘private sector’
when business activities are owned by individuals OR groups of individuals.
Identify two possible advantages of using a democratic leadership style
Improves motivation OR sense of belonging leading to increased output OR productivity as they are happy workers,, Better communication OR better feedback
Do you think government legal controls for employment will benefit employees?
Safer conditions, Higher pay because minimum wage is set so better able to satisfy basic needs , chance for promotion / become full time
Identify and explain two advantages of being a private limited company.
Limited liability/easier to raise money/more credibility with suppliers/continuity/no need to publish accounts/separate legal identity/Control over who can buy
Name one disadvantage of the laissez-faire leadership style.
No real direction / different opinions of shop managers leading to wrong decisions/ disputes
Define ‘stakeholder group.’
An individual or group which has an interest in a business because they are affected by its activities (and decisions)
Explain two ways a company could try to improve internal communication.
Meetings rather than monthly reports, Changes to organisation structure e.g. change chain of command
Identify two stages in recruitment.
Job analysis /identify a vacancy, Job description, Person / job specification, Advertising, Shortlisting, Interview, Selection
How person (job) specification could help a company in the recruitment process?
Sets out the qualifications needed, sets out the skills needed, sets out experience necessary
Name examples of the business activity in tertiary sector.