Business Unit 4 and 6 Mr Fish Flashcards
(20 cards)
HR objectives
Labour productivity
Employee engagement
Talent development
Training
Diversity
Alignment of values
Number, skill and location of employees
Types of human resource management
Hard - Treats employees as just another resource
Soft - Most important resource of the business and a competitive advantage
Span of control
How many people you directly look after
Chain of command
How many layers there are under you
Delegation
Passing down authority to more junior employees
Matrix structure
ORganisational structure combines the traditional departments seen in functional structures with project teams ( different departments working together )
Redeployment and redundancy
Redep. - Use of employees in any aspect to achieve a particular effect
Redund. - Busienss dismisses an employee because the business no longer needs anyone to do the job
Training types
Induction - First day e.g. structured
On-the-job - Instructing employees at the workplace
Off-the-job - Training centre or a course
Types of industrial action
Work to rule
Go slow
Overtime bans
Sit-ins
Striking
Lean production
an approach to production that aims to minimise waste, which can reduce costs
Zero delay, stocks, mistakes, waiting, accidents
Just-In-Time production
holds as little stock as possible, items ordered as it needs to be used
Phases of the product life cycle
Research and development
Introduction
Growth
Maturity
Decline
Cell production
Organising production around teams instead of a production line, ( different stages )
Quality assurance
Arranging every process to get products right initially
Quality control
uses inspection to check the quality of work at stages of the manufacturing process
Total quality management
everyone is focused on preventing errors occurring and ensuring quality at each stage of the process
Outsourcing
Delegation of processes to an external provider who owns, manages, and administers to an agreed standard, may be longer term
Subcontracting
Outsourcing specific tasks or projects to other companies who specialise in the task, may be shorter term
Procurement
Selecting suppliers, establishing terms of payment and negotiating the contract
Types of mergers / takeovers
Horizontal
Forwards / Backwards Vertical
Conglomerate