Independent body hired to aid two parties achieve a solution

Online shopping and franchising are examples of

global and domestic management strategies

Explain the importance of communication as a management skill

Ensures everyone knows of a situation and can give feedback

Which isn’t an advantage of off the job training?

Cheaper than on the job training

Explain the connection between Operations Management and Business Objectives

Operations contributes to the completion of Objectives

What is waste minimisation?

A process that involves reducing the amount of unwanted or unusable resour

What are the 4 drives within Lawrence and Nohira theory

Aquire, Bond, Comprehend, Defend

Explain the role of Human Resources

Manages formal workplace relations

Define Industry Award

A requirement set by the FWC that relates to pay and conditions

How does Lewin's force field analysis benefit a business during change

outlines the driving and restraining forces

What is an advantage of financial motivation strategies?

Only have to be paid when there is actual performance improvement

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Year 12 2021 Business Management Revision

25 termsStudBud Administration205 plays

Last Day Quiz made by students

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Questions 25

Answers

1
Which of the following aren’t business objectives?
meet shareholder expectations
fulfil a market/social need
Increase market share
increase staff turnover
2
what supports a business objective in terms of managing employees?
increasing pay
punishing staff
gifts
staff training
3
Define Mediation
Outsourcing an area of business
Going to Fair work to dispute a case
Independent body hired to aid two parties achieve a solution
A method of Lean management
4
Lewin's three step change model includes (in order)...
Unfreeze, refreeze. unfreeze
Unfreeze, change, refreeze
Change, unfreeze, refreeze
Refreeze, unfreeze, change
5
Online shopping and franchising are examples of
global management strategies
global and domestic management strategies
domestic and global management strategies
domestics management strategies
6
how does a product benefit from marketing
Gives the product exposure
decreases market share
develops staff
creates a lack of profit
7
Explain the importance of communication as a management skill
Ensures everyone knows of a situation and can give feedback
Ensures everyone can get a job
Ensure job security
Gives job insecurity
8
Which isn’t an advantage of off the job training?
Cheaper than on the job training
wider range of skills and qualifications than those in the workplace
more structured and organised, with clear assessment processes
provides a formally recognised qualification for employees
9
Which learning principle is this: deeply ingrained assumptions or generalisations...
mental models
team learning
personal mastery
systems thinking
10
Explain the connection between Operations Management and Business Objectives
All of the above
Operations contributes to the completion of Objectives
They provide profits
Help to make the business grow
11
What is waste minimisation?
A process that involves reducing the amount of unwanted or unusable resour
Throwing away materials.
Throwing out products because you don’t like them.
Not using products that you don’t need
12
What are the 4 drives within Lawrence and Nohira theory
1st, 2nd, 3rd and 4th gear
Aim, believe, communicate and drive
Aquire, Bond, Comprehend, Defend
Acquire, Bond, compare, defend
13
What is CAD
Centralised aided development
centre around dargo
Computer aided design
Commonwealth aided digging
14
management style where employees are responsible for workplace operations.
laissez - faire
autocratic
participative
consultative
15
Explain the role of Human Resources
Fires employees
Managers the business
In charge of productions
Manages formal workplace relations
16
Define Industry Award
a requirement set by the POD that relates to pay and conditions
A requirement set by the FWC that relates to pay and conditions
a requirement set by the OPC that relates to pay and conditions
a requirement set by the FMC that relates to pay and conditions
17
The redeployment of resources includes what 3 categories?
natural, technology, capital
natural, labour, capital
earth, labour, capital
raw, labour, machinery
18
How does Lewin's force field analysis benefit a business during change
describes the business water cooler location
outlines staff motivation
displays the profit margin
outlines the driving and restraining forces
19
Which of the following is not a low risk strategy to overcome employee resistance?
Communication
Threats
Incentives
Support
20
What is an advantage of financial motivation strategies?
different levels of bonus can lead to conflict between employees.
Only have to be paid when there is actual performance improvement
higher level of pay means it is hard to cut pay if performance declines
workers are only motivated by financial promises
21
what is an example of a high risk strategy?
manipulation
communication
support
yelling
22
what is one stakeholder that could be most negatively effected by a cut in pay?
suppliers
customers
employees
managers
23
What are the key elements of the operations system?
products, manufacturing and goods.
Products, processes, goods.
Inputs, machinery, goods.
Inputs, processes and outputs.
24
what is the most important management skill for an autocratic management style?
decision making
interpersonal skills
communication
delegating
25
an example of a social enterprise is
QANTAS
Thank you water
CUB
Australia post

Year 12 2021 Business Management Revision Flashcards | StudBud