People in Business Flashcards
(32 cards)
What is Hierarchy
Management levels within an organisation
What are line managers
Responsible for overseeing other staff work
What are subordinates
Report to higher staff members
What is Authority
Power managers have to direct subordinates
What is Delegation
Managers entrust tasks to subordinates
What is Empowerment
Managers passing authority onto subordinates
What is span of control
Number of subordinates a manager is in charge of
What is chain of command
Path of authority along which instructions are passed
What are lines of communication
Routes messages travel along
What is tall organisation
Many levels of hierarchy with narrow span of control with many opportunities for promotion
What is flat organisation
Few levels of hierarchy with wide span of control
What is centralised organisation
Majority of decisions are made by senior managers then passed down chain of command
What is decentralised organisation
Employees lower down the chain of command can make their own decision
What is job description
Explains work to be done and typically setting out job title, location of work and main tasks of employees
What is person specification
Lists individual qualities of the person required e.g. qualifications
What is internal recruitment
You recruit someone who already works within the business and is known
What is external recruitment
You hire staff from outside the business but they are unknown
What is on the job training
Experienced members of staff explain a skill or job
What is off the job training
Outside experts come in to explain a job or skill
What is a staff appraisal
Chance for employees to discuss work they have done and future training needs with their line manager
What is motivation
Ways a business can encourage their staff to do their best
What 3 things can a motivated workforce result
Increased output / Improved quality / Higher level of staff retention
What two ways can a business do to influence staff motivation
Monetary factors and non-monetary factors
Name all 8 payment methods
time rate / overtime / piece rate / commission / performance related pay / profit sharing / salary / fringe benfits