Legal Forms of Business
Management Styles
Levels of Management
Lucky Dip
Planning
100
A legal form of business with one owner.
What is a sole trader?
100
A management style which tells staff what decisions are made.
What is an autocratic management style?
100
3
How many levels of management are there?
100
POLC
What is the acronym for the 4 roles of management?
100
A research tool which measures strengths, weaknesses, opportunities and threats.
What is a SWOT analysis?
200
Legal form of business with fewer than 50 shareholders.
What is a private company?
200
Someone who sells decisions they have made to their staff.
What is a persuasive manager?
200
Front line management
What is the role of a first level manager?
200
Doing something of benefit for the community.
What is corporate social responsibility?
200
setting objectives, using a SWOT analysis, developing and evaluating alternatives, implementing the plan, monitoring and reviewing results
What are the five stages of planning?
300
When a business owner is personally responsible for all of the debts of his/her business
What is unlimited liability?
300
Consulting staff before making significant decisions.
What is consultative style of management?
300
Middle Level Manager
Who is responsible for management at a department level?
300
Key Performance Indicator
What does KPI stand for?
300
Management level ultimately responsible for the strategic plan
What is top level management?
400
A legal form of business which has gone through incorporation.
What is a company?
400
Someone who joins with staff to make a group decision.
What is a participative manager?
400
First level, middle level, top level management
What are the three levels of management
400
Groups in society who have an interest in the performance and activities of business.
What are stakeholders?
400
Measurable activities performed by a business in order to meet their planned objectives
What are performance areas?
500
An owner of a company.
What is a shareholder?
500
A style of management where staff are highly skilled and can work independently.
What is Laissez Faire management style?
500
CEO
Who is a top level manager?
500
A policy which takes into account profit, as well as the social and environmental costs of a business.
What is a triple bottom line policy?
500
A motivated individual with a high level of energy and skills needed to be successful in their business plans
What is an entrepreneur?
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