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IGCSE Business Studies Key Terms 6 Flashcards | StudBud
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IGCSE Business Studies Key Terms 6
IGCSE Business Studies Key Terms 6
26 terms
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#business studies #igcse #unit 6
Flashcards
26 cards
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Questions
26
Answers
1
payment to sales staff based on the value of the items they sell
Salary
Bonus
Commision
2
passing responsibility to perform tasks to workers lower down in the organisation
Elevation
Assignment
Delegation
3
the rate at which workers leave a business
Labour turnover
Labour turnaround
Labour leaving
4
payment to workers based on the number of units produces
Salary
Hourly wage rate
Piece-rate
5
how unhappy and discontent a person is with their job
Job dissatisfaction
Job satisfaction
Job rotation
6
increasing variety in the workplace by allowing workers to switch from one task to another
Job rotation
Job enlargement
Job enrichment
7
an additional payment to workers based on the profits of the business
Profit-sharing
Piece-rate
Bonus
8
non-cash benefits used to recruit or retain workers & recognise status of certain employees
Fringe benefits
Commision
Bonus
9
fixed annual payment to certain grades and types of staff not based on hours worked or output
Hourly wage rate
Salary
Commision
10
how happy and content a person is with their job
Job rotation
Job satisfation
Job enrichment
11
paying workers for each unit produced
Piece-rate
Unit pay
Wage
12
cash and non-cash rewards often used to motivate workers to increase their efforts
Salary
Financial rewards
Cash flow
13
a bonus scheme used to reward staff for performing to the required standard
Performance-related pay
Commision
Salary
14
payment to workers based on a fixed amount for each hour worked
Commision
Piece-rate
Hourly wage rate
15
the factors that must be present in the workplace to prevent job dissatisfaction
Hygiene factors
Motivators
Hygienic
16
the factors that influence the behaviour of workers towrds achieveing set business goals
Motivation
Segregation
Delegation
17
groups of workers who meet regularly to discuss work-related problems
Quality teams
Quality circles
Team-working
18
organising production so that groups of workers complete the whole unit of work
Quality circles
Team-working
Team-building
19
an additional reward paid to workers for achieving targets set by managers
Profit-sharing
Fringe benefits
Bonus
20
organising work so that workers are encouraged to use their full abilities
Job rotation
Job enrichment
Job enlargement
21
methods used to motivate workers that do not involve giving any financial reward
Financial rewards
Salary
Non-financial rewards
22
worker's non-attendance of work without good reason
Sick leave
Absenteeism
Truancy
23
the factors that influence a person to increase their efforts
Dissatisfied
Motivators
Motivation
24
a measure of the efficiency of workers by calculating the output per worker
Labour productivity
Workers production
Labour party
25
increasing or widening tasks to increase variety for workers
Job rotation
Job enrichment
Job enlargement
26
the view that humans are only motivated by money
The theory of money man
The theory of economic man
The theory of man