3.5 - Assessing Competitiveness Flashcards
(10 cards)
1
Q
Gearing :
A
Op profit / Capital Employ x 100
2
Q
Highly geared
A
Over 50%
3
Q
RoI
A
Financial benefits or profits made from invest, such as set up prod location in another country
4
Q
Absenteeism
A
No of staff absent on a day / Total no of staff x 100
5
Q
Consultation strategies
A
Where manage actually engage in discussions with employee about working practice
6
Q
Employer share ownership
A
Where key employee will be paid a trance of shares if b reaches important performance targets
7
Q
Empowerment strategies
A
Grant ee more authority in the workplace
8
Q
Labour productivity
A
Total output/average number of employees
9
Q
Labour retention
A
No of employees that remain in the business over a period of time
10
Q
Labour turnover
A
Measure % of employee leaving business over period of time
