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Theories for Business - Edexcel - Ms Burrows Flashcards | StudBud
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Theories for Business - Edexcel - Ms Burrows
Theories for Business - Edexcel - Ms Burrows
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Answers
1
What name is given to the top level of Maslow's hierarchy?
Self-actualisation
Selfie
Self Promotion
Self-esteem
2
DISCOM stands for : Decision, It depends on, Short/Long term, cost impact, other factors and most important point
False
True
3
What stage is not part of the product life cycle?
Growth
Introduction
Maturity
Design
4
How many levels are there in Maslow's hierarchy of needs?
5
6
4
3
5
What is an extension strategy?
When a product has less investment
A product is nearing its decline and the business wants to elongate it
When a product has further branding
When a product is invested in
6
What is in the top left quadrant of the boston matrix?
Problem Child
Star Products
Cash Cow
Dog
7
Who came up with the two factor theory of motivation?
McGregor
Maslow
Taylor
Hertzberg
8
Social needs is at the top of the hirearchy of needs
True
False
9
Porters Generic strategy believed the two ways to compete are.....
Differientation or high market share
Differientation or Cost
Differientation or low interest rates
Low price and different managers
10
Who believed workers were only motivated by money & developed the Scientific Management Theory?
Maslow
Taylor
Hertzberg
Locke
11
What name is given to factors that might lead to employee dissatisfaction, if not present?
Hygiene Factors
Existence Needs
None Of the Above
Motivators
12
This photo is from
Boston Matrix
Anoff Matrix
Charles Handy
Porters Generic strategy
13
Frederick Herzberg was from the NeoHuman school of thought
False
True
14
Which of these is a disadvantage of Taylor's Scientific Management theory
In some jobs it is difficult to measure an employees output
If workers achieved their target output they got more money
15
What did Frederick Winslow Taylor believe, in regards to motivation?
Motivators or hygiene factors are the only contributers
Social environment is the only motivator
The hierarchy of needs
Money is the only motivator
16
Who came up with the hierarchy of needs theory?
McGregor
Hertzberg
Taylor
Maslow
17
In Hertzberg's two factor theory, name the factor that leads to job satisfaction & motivation?
Existence Needs
Hygiene Factors
None of the Above
Motivators
18
This photo is from
Herzberg
Boston Matrix
Anoffs Matrix
Mayo
19
Hygiene factors...
Only provide motivation
Only provide demotivation
Provide either demotivation or motivation
Neither motivate or demotivate
20
Where is the cash cow located on the boston matrix?
Top Left
Bottom Right
Top Right
Bottom Left
21
Which force isn't included in Porter's 5 forces?
Bargaining Power of buyers
Bargaining Power of suppliers
Threat of new entrants
Bargaining Power of stakeholders
22
What did Elton Mayo believe, in regards to motivation
Social factors effect motivation not money or environment
Money is the only motivator
Hirearchy of needs is the only concept effecting motivation
Environment effects motivation primarily
23
Who created this model?
Charles Handy
Ed Schein
Charles Darwin
Charles Dickens
24
What name is given to the lowest level of needs in Maslow's hierarchy?
Self Esteem
Safety Needs
Belongingness and Love
Physiological/basic Needs