Section-2 People in business Flashcards

(55 cards)

1
Q

What is motivation in the context of employees?

A

The reason why employees want to work hard and work effectively for the business.

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2
Q

What is a wage?

A

A payment for work, usually paid weekly.

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3
Q

What is a time rate?

A

The amount paid to an employee for one hour of work.

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4
Q

What is a piece rate?

A

The amount paid for each unit of output.

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5
Q

What is a salary?

A

Payment for work, usually paid monthly.

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6
Q

What is a bonus?

A

An additional amount of payment above basic pay as a reward for good work.

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7
Q

What does commission relate to?

A

Payment relating to the number of sales made.

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8
Q

What is profit sharing?

A

A system whereby a proportion of the company’s profits are paid out to employees.

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9
Q

What is job satisfaction?

A

The enjoyment derived from feeling that you have done a good job.

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10
Q

What is job rotation?

A

Workers swapping around and doing each specific task for a limited time.

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11
Q

What does job enrichment involve?

A

Adding tasks that require more responsibility to jobs.

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12
Q

What is team-working?

A

Using groups of workers and allocating specific tasks and responsibilities to them.

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13
Q

What is training?

A

The process of improving a worker’s skills.

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14
Q

What is promotion?

A

The advancement of an employee in an organisation to a higher job/managerial level.

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15
Q

What does organisational structure refer to?

A

The levels of management and division of responsibilities within an organisation.

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16
Q

What is an organisational chart?

A

A diagram that outlines the internal management structure.

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17
Q

What is hierarchy in an organisation?

A

The levels of management from the highest to the lowest.

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18
Q

What is a level of hierarchy?

A

Managers/supervisors/other employees with a similar level of responsibility.

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19
Q

What is the chain of command?

A

The structure allowing instructions to be passed down from senior management.

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20
Q

What is the span of control?

A

The number of subordinates working directly under a manager.

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21
Q

Who are directors in an organisation?

A

Senior managers who lead a particular department or division.

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22
Q

What are line managers responsible for?

A

Direct responsibility for people below them in the hierarchy.

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23
Q

What role do supervisors play?

A

Junior managers who have direct control over employees below them.

24
Q

What are staff managers?

A

Specialists who provide support and assistance to line managers.

25
What does delegation mean?
Giving a subordinate the authority to perform particular tasks.
26
What are leadership styles?
Different approaches to dealing with people and making decisions.
27
What is autocratic leadership?
A style where the manager expects to be in charge and have orders followed.
28
What characterizes democratic leadership?
Involving other employees in the decision-making process.
29
What is laissez-faire leadership?
Making broad objectives known but allowing employees to make their own decisions.
30
What is recruitment?
The process of identifying the need to employ someone until applications arrive.
31
What does job analysis involve?
Identifying and recording the responsibilities and tasks of a job.
32
What is a job description?
Outlines the responsibilities and duties of a specific job.
33
What is a job specification?
A document outlining the requirements and qualifications for a job.
34
What is internal recruitment?
Filling a vacancy with an existing employee.
35
What is external recruitment?
Filling a vacancy with someone who is not an existing employee.
36
What is induction training?
An introduction given to a new employee about the business's activities and procedures.
37
What is on-the-job training?
Occurs by watching a more experienced worker.
38
What is off-the-job training?
Training away from the workplace, usually by specialists.
39
What is workforce planning?
Establishing the workforce needed for the future in terms of number and skills.
40
What is dismissal?
Ending employment against the will of the employee, usually for contract violations.
41
What is redundancy?
When an employee is no longer needed and loses their job, not due to unsatisfactory work.
42
What is a contract of employment?
A legal agreement listing the rights and responsibilities of workers.
43
What is communication?
The transferring of a message from the sender to the receiver.
44
What is a message in communication?
The information or instructions passed by the sender.
45
What is internal communication?
Communication between members of the same organisation.
46
What is external communication?
Communication between the organisation and other entities.
47
Who is the transmitter in communication?
The person sending the message.
48
What is the medium of communication?
The method used to send a message.
49
Who is the receiver in communication?
The person who receives the message.
50
What is feedback in communication?
The reply from the receiver showing the message has been understood.
51
True or False: One-way communication requires a response.
False.
52
What is two-way communication?
When the receiver responds and there is a discussion about the message.
53
What is formal communication?
Messages sent through established channels using professional language.
54
What is informal communication?
Information sent and received casually using everyday language.
55
What are communication barriers?
Factors that stop the effective communication of messages.