Recruiting people who are not currently working in your organization.
What is external recruitment?
100
The drive to pursue and attain certain goals?
Achievement Motivation
100
The sector of business that extracts and sells raw materials.
What is the primary sector?
200
Assumes in one of two sub-theories that all employees are lazy and unmotivated.
What is McGregor?
200
4 major factors of leadership... SOLVE!
Follower,situation, communication, leader
200
Disadvantages of External recruitment?
Time consuming, expensive, degree of uncertainty.
200
The desire to be excellent at something
What is competence motivation?
200
Reasons for starting a business.
GETCASH
300
Believed in two-factor theories of motivation
Who is Maslow?
300
Guides employees on best ways to perform their jobs.
What is the paternalistic leadership style?
300
Reasons for Unemployment: Note, think CLAMPS!
C – challenge
L – location
A – advancement
M – money
P – pride or prestige
S – security
300
The desire to relate to people on a social basis
What is affiliation motivation?
300
A ratio that allows the determination of how much of a firm is controlled by the bank.
The Gearing Ratio
400
Factors that demotivate employees if not addressed.
What are Hygiene factors?
400
May lead to lack of motivation and general laziness if employees un-motivated.
What is the Laissez-Faire style?
400
Training goals, what are they?
Improved morale
Improved skills, output and quality
Greater efficiency & reduction in costs
Less labor turnover and absenteeism
400
Is instantaneous and gets the job done. Quickly. Works only in short run.
What is fear motivation?
400
A tool used to determine a product's market share and sales
What is a BCG Matrix?
500
Had his theory most notably employed by Henry Ford.
Who is Taylor?
500
Downsides of the authoritarian style of leadership?
Workers have little creativity, little or no input from laborers.
500
What are three forms of appraisal?
Upwards, Essay, and 360.
500
It is the drive to influence people and change situations. Power motivated people wish to create an impact on their organization and are willing to take risks to do so.
What is power motivation?
500
A tool that allows a business to take a "snapshot" of its financial standing on a specific date.