Human Resources
what are the styles of leadership?
Autocratic, Democratic and Laissez-faire
A large number of sales to many people.
What is mass market?
development which does not put at risk the living standards of future generations
sustainable development
what is the current ratio. Current asset (167167617). Current liabilities (90909090)
1.83884381
A form of marketing that involves social media.
What is social media marketing?
Method of delivering a message within the business.
What is medium of communication?
Advertising which is trying to persuade the consumer
Persuasive advertising
A change in interest rates by the government or central bank.
What is monetary policy?
Four type of profit
Gross profit,net profit , profit after tax , retained profit
Checking for quality standards throughout the production.
What is quality assurance?
Free trips, company vehicle, insurance, etc
Fringe benefits
Buy one, get one free
What is BOGOF?
The role of legal control over business activity affecting the environment.
What is locating in environmentally sensitive areas such as notational parks
This is when a business delays paying its suppliers, which leaves the business in a better cash position.
It is a very boring system for the workers, so it offers very little job satisfaction.
What is the disadvantage of flow production?
Releasing employees because the business changes in some way or because performance is not satisfactory.
What is redundancy?
What are the two ways to colllect samples from people
Random sample and quota sample
When value of currency drops
Inflation
short-term financial obligations that are usually repayable within one year, or as demanded by creditors
Current liabilities
This is where the electronic cash register is connected to the retailer's main computer and also to banks over wide area computer network.
What is EFTPOS?
All employees must be a member of the same trade union
Closed Shop
5 methods of pricing
cost plus, competitive, penetration, price skimming, promotional, dynamic
A restriction on the quantity of a product that can be imported.
What is quotas?
is money that comes from a business such as owners capital, retained profit and money generated from selling assets
internal source of finance
List the 5 levels of Maslow's hierarchy of needs from bottom to top.
Physiological needs, safety/security needs, social needs, esteem needs, self-actualisation