Management Styles
Take you to Task!
Beyond the Book
Easy Money
Motivation Me!
Workplace Relations
Management Strategies
The Ridge
100
This management style features centralised decision making with managers opting to retain authority; a hierarchical chain-of-command approach.
What is autocratic?
100
This task word asks you to accurately state or explain the precise meaning of a word, phrase or term.
What is define?
100
This term refers to a contraction of Gross Domestic Product (GDP) and consequently the economy across two consecutive quarters. Paul Keating famously said during during one of these events: "This is the r......... we had to have!"
What is a recession?
100
The length of the Business Management exam, including reading time.
What is 2 hours and 15 minutes?
100
This motivation strategy involves a financial reward for employees whose work is considered to have reached or exceeded a required standard.
What is performance-related pay?
100
This workplace participant is charged with all aspects of managing staff at a business including hiring prospective employees, managing conditions and issues for existing employees, and helping employees navigate transition issues as they depart a business.
What is a Human Resources (HR) manager?
100
This management strategy to respond to KPIs might be appropriate when customer complaints are high or workplace accidents are high.
What is staff training?
100
The colour of BJJ belt Mr Ridgway currently holds.
What is blue?
200
This management style features centralised control and authority but with some value placed on employee contribution as managers seek to convince employees to follow their approach.
What is persuasive?
200
This task word asks you to bring together two things to note points of similarity AND difference.
What is compare?
200
This three word quote from Gordon Gekko (played by Michael Douglas in the 1987 film 'Wall Street') was considered to be the mantra of business in America under Ronald Reagan in the 1980s.
"Greed is good".
200
The colour of the hardest (usually higher mark) task words on your handy bookmark.
What is red?
200
This motivation strategy involves promoting employees to positions that include more responsibility.
What is career advancement?
200
This workplace participant acts as a collective representative for employees within an industry and can help negotiate industry-wide agreements (for conditions/pay) as well as support employees who are in conflict with their employers.
What are unions?
200
This management strategy to respond to KPIs might be appropriate when staff turnover and staff absenteeism are increasing.
What is staff motivation?
200
Mr Ridgway's favoured caffeinated beverage.
What is an iced latte?
300
An advantage of this management style is that there is a reasonable level of employee involvement.
What is participative?
300
This task word asks you to consider the strengths and weaknesses of a subject before reaching a final conclusion.
What is evaluate?
300
This information from the ASX share page for FMG shows net profit was $10B lower than revenue due to costs and this other factor.
What is taxation?
300
The name of the publisher of your textbook.
What is Cambridge?
300
A disadvantage of this motivation strategy is that if up-skilled employees are not given opportunities to use new skills it may lead to disenchantment.
What is investment in training?
300
This form of dispute resolution might occur if mediation fails to produce an agreement and is a similar process to mediation but is conducted by a member of the FWC (Fair Work Commission) or one of its representatives.
What is conciliation?
300
This management strategy might be appropriate when a manager is finding their current approach is not achieving desired business outcomes.
What is a change of management style/skills?
300
The city where Mr Ridgway grew up and lived for 26 years.
What is Sydney?
400
This type of communication is featured in participative, consultative, and laissez faire management styles and is also a name for a street that goes both ways.
What is two-way communication?
400
This task word asks you to give valid reasons or evidence to support an answer or conclusion.
What is justify?
400
Australian bank stocks have increased recently due to the prospect of this financial instrument being raised.
What is the cash rate (interest rates)?
400
My surname (spelled correctly).
Who is Mr Ridgway?
400
This type of negative motivation strategy generally only has a short-term impact on employees and can lead to long term resentment or legal disputes.
What are sanctions?
400
This form of industrial action is when employees refuse to do something or deal specifically with someone (e.g. a specific supplier).
What is a boycott?
400
This management strategy would be appropriate for a business which is seeking to follow Porter's Generic Strategy of differentiating themselves from competitors through creating a more desirable and reliable product than competitors.
What is quality management?
400
The month of the year in which Mr Ridgway was married.
What is July?
500
Examples of businesses that suit this independent management style include advertising agencies, product design firms, start-up social media businesses, specialised engineering, medical research or architectural firms.
What is laissez faire?
500
This uncommon task word is roughly synonymous with 'propose' and 'recommend'.
What is suggest?
500
The name of the official body who controls the financial instrument mentioned in the $400 question.
What is the Reserve Bank of Australia (RBA)?
500
The day of the week when the Business Management exam will run.
What is Wednesday (2nd November)?
500
This motivation strategy allows employees leeway in how they complete tasks or where they work; also a benefit of yoga!
What is flexibility?
500
In the case of retrenchment, this form of specialised assistance can be given to employees to help them find jobs with other workplaces as well as potentially engage in training and reskilling. It can also provide mental health support to manage the stress of leaving a workplace.
What are outplacement services?
500
This management strategy is particularly effective at addressing business inefficiency (i.e. when employees/materials/capital is being invested in a way that is suboptimal)
What is redeployment of resources?
500
Mr Ridgway's middle name.
What is John?