topic 1.3.4 Flashcards

(35 cards)

1
Q

What does staff as an asset mean, and why is it beneficial for a business?

A

Employees are valued, trained, and invested in.
Businesses provide job security, training, and career development, which leads to higher motivation, loyalty, and productivity.

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2
Q

What does staff as a cost mean, and why is it not beneficial to a business?

A

Employees are viewed as an expense, with wages and benefits minimised.
Businesses focus on short-term contracts, outsourcing, and cost cutting.
Can lead to low morale and high staff turnover.

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3
Q

what are the different flexible workforce?

A

multi-skilling

part-time

temporary work

zero-hours contracts

flexible hours

home working

outsourcing

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4
Q

what do all the different flexible workforce mean?

A

multi-skilling: employees that are trained to perform multiple roles

part-time: employees who work less hours and have less responsibilities

temporary work: someone that is hired for a certain period of time

zero-hours contracts: they are on call to work when they are needed

flexible hours: situation in which an employer allows people to choose the times that they work

home working: employees perform job responsibilities from home

outsourcing: company hires a third party to perform tasks, handle operations or provide services for the company

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4
Q

What are the advantages and disadvantages of multi-skilling?

A

adv: Increases flexibility, improves job satisfaction, reduces costs

dis: training costs, risk of employee burnout, may not perform all tasks well

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5
Q

What are the advantages and disadvantages of part-time/temporary work?

A

adv: Cost-effective, flexible for employees,

dis: less commitment, high staff turnover, not as loyal as full time workers

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6
Q

What are the advantages and disadvantages of a zero-hour contract?

A

adv: businesses reduce costs, employees gain flexibility

dis: unstable income, can cause financial stress for employees,employee may not prioritize business needs

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7
Q

What are the advantages and disadvantages of flexible hours/home working?

A

adv: Improves work-life balance, increases productivity, more job satisfaction

dis: harder to manage remote teams, risk of isolation

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8
Q

What are the advantages and disadvantages of outsourcing?

A

adv: reduces cost

dis: loss of control

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9
Q

define dismissal?

A

employee is fired for poor performance

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10
Q

define redundancy?

A

job role is no longer needed

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11
Q

what are the costs of recruitment traning?

A

Advertising Jobs
Interview Process
Training Costs
Lost Productivity

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12
Q

What are the different types of training?

A

induction training
on-the-job training
off-the-job training

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13
Q

What are the advantages and disadvantages of off-the-job training?

A

adv- mentor is fully focused on on you
the mentor is an expert
can learn new skills

dis- expensive
not bespoke, meaning it is not specific to the business

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14
Q

What is the chain of command?

A

The flow of instructions from top management to employees

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15
Q

What is span of control?

A

number of employees managed by one supervisor

15
Q

What are centralisation and decenteralization?

A

Centeralization: decision made at the top level

decenteralization: decisions spread across departments

16
Q

what is the tall organisational structure and its pros and cons?

A

Many layers, narrow span of control.Common in large corporations.

Pros: narrow span of control communicaste to less people o each layer and has better clarity on who makes desision

Cons: long chain of command so slow desision making and communication is very slow

17
Q

what is the flat organisational structure and its pros and cons?

A

Few layers, wide span of control. Common in startups and tech firms.

Pros: short chain of comand so easier to communicate and faster desision making
also less managers so more financially effective

Cons: there is alot of people to communicate and help since there are less layers of managment so over burdened employees

less layers of managment so less chnace for promotion

18
Q

what is the matrix organisational structure and its pros and cons?

A

Employees work across multiple departments/projecs

Pros: Encourages teamwork; flexible.

Cons: Confusing authority lines.

19
Q

What are the 4 motivational theories?

A

taylors-sientific managment
mayos-human relations theory
maslows-hiearchy of needs
herzbergs-two factor theory

20
Q

what are the financial ways to keep an employee motivated?

A

Piecework: Paid per unit produced.

Commission: Paid per sale made.

Bonuses: Extra payment for performance.

Profit Sharing: Employees get a share of profits.

Performance-Related Pay: Based on targets met.

21
Q

What are some non-financial ways to keep an employee motivated?

A

Delegation: Giving employees more responsibility.

Consultation: Employees involved in decision-making.

Empowerment: More autonomy & trust.

Team Working: Collaborative work improves engagement.

Flexible Working: Work-life balance improves morale.

Job enrichment/rotation/enlargement: Makes work more interesting.

22
Q

what are the advantages and disadvantages of on the job training?

A

adv- chaper cause no external costs

hands on training which means they are still producing and will get more confident over time

build relationships with mentor and new area so more communication and more productivity

dis- mentors ability if mentor is not good they may pass on bad practice

mentors time - theyalso have a job and dont have time so they quality of trainjing may be less or production may be less

23
what are the advantages and disadvantages on induction training?
adv- will make new employees productive sooner dis- takes alot of time and cost
24
tell me about Taylor's motivational theory (scientific management)
moniters and observes then develops best way to complete job he thinks they are motivated by money so paid by peice rate this may make them feel neglected
25
tell me about Herzberg's motivational theory ( two factor )
herzberg takes two thinks into consideration hygine to prevent workers from being dissatisfied and motivating to motivate workers hygine can be done by having good work conditions and basic pay and motivation can be done by having more responsibilities and oppertunities
26
tell me about maslows motivational theory (hieacrchy of needs)?
there are 5 stages phsycological - having minimum wage saftey - job security and full time contract social - canteen and social gatherings estem - promotion self actualisation - up skilling in new areas however it is hard to tell where employees are at
27
tell me about mayos human relations thory
he thinks that people in work are not only motivated by money they also need to feel included
28
advantages with internal recruitment?
1) it is cheaper cause there is no need to pay for agency 2) more informed process because it is from the business so you know your potential emplyees they will stay at business for longer 3) faster process
29
disadvantages with internal recruitment
1) they will need to find a new person that will replace that persons old job
30
advantages of external recruitment
1) larger pool of potential workers so they find best candidate is likley to be found and they get the right fit 2) fresh new ideas 3) dont need to replace workers
31
disadvantage of external recruitment
1) it is more expensive 2) longer process
32
adv and dis of centeralised
adv = quicker decision-making by top layer who are more skilled and experienced less people they have to communicate with consistency - customers know what to expect dis = less flexiable with desision making and it always needs to be checked by top layer so they may miss out on oppertuntites
33
ad and dis of decenteralised
adv= flexable desision making cause no need to check with the top workers feel empoered so more motivated and productive dis= less consistancy may have diff ideas and quality issues