Quick Revision of Key Topics Flashcards Preview

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Flashcards in Quick Revision of Key Topics Deck (16)
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1
Q

Centralisation Advantages

A
  • Close control and management supervision
  • Strong leaders make decisions
  • Control over aspects like finance
2
Q

Centralisation Disadvantages

A
  • Staff may feel over supervised

- Bureaucracy and diseconomies of scale

3
Q

Decentralisation Advantages

A
  • Empowerment/delegation motivates

- Less management overhead costs

4
Q

Decentralisation Disadvantages

A
  • Lower hierarchy stressed

- Manager may feel loss of control

5
Q

Delayering Advantages

A
  • Empowerment/delegation motivates

- Less management overhead costs

6
Q

Delayering Disadvantages

A
  • Potential loss in experience, lower hierarchy may be inexperienced
  • Managers loss in control
7
Q

Soft Advantages

A
  • Training more productive
  • Not lots of recruitment
  • Motivates from empowerment
8
Q

Soft Disadvantages

A
  • Very costly, opportunity cost if training is needed
  • Managers lose delegated powers
  • Threat of poaching trained staff
9
Q

Hard Advantages

A
  • Low recruitment costs
  • Managers control decisions
  • Reward systems relative to contribution
10
Q

Hard Disadvantages

A
  • Demotivation, little care/empowerment
  • May not be motivated by money
  • Employees have Kaizen knowledge
11
Q

CPA Advantages

A
  • Smooth operations
  • See potential delays
  • Resources specifically ordered
12
Q

CPA Disadvantages

A
  • Doesn’t ensure effective management
  • Can be incorrectly completed
  • Doesn’t account for uncertainties
13
Q

Marketing Plan Advantages

A
  • Helps remove barriers to knowledge
  • In line with corporate objective so that is achieved
  • Motivation to achieve it
14
Q

Marketing Plan Disadvantages

A
  • May not have sufficient contingency

- Cost/Time/Resources available, opportunity cost

15
Q

Lean Production Advantages

A
  • Reduced Costs
  • More efficient production
  • Motivation from Kaizen
16
Q

Lean Production Disadvantages

A
  • May not be in line with HRM strategy

- Reliant on flexible/reliable suppliers