Unit 1
Legal entity organized and operated for a collective, public or social benefit.
What is a "non-profit organisation"?
Decision making is fast in this type of leadership style
What is an Autocratic Leadership style?
Peacewick University has to more cash outflows than cash inflows
What is PU's cash flow problem?
The action or business of promoting and selling products or services, including market research and advertising.
What is marketing?
Devising and developing pre-arranged plans to deal with a crisis, in case it actually occurs.
What is a contingency plan?
Use of the Earth's natural resources and the effect their current consumption will have on future generations
What is ecological sustainability?
What is off the job training?
How has PU reduced operating costs?
PU could price their services by determining the cost and then adding a markup to it
What Is Cost-Plus Pricing?
By January 2022, the standard of teaching at PU nearly returned to its earlier high quality, although in a different format. Much of the teaching remained online, which enabled lecturers to meet smaller groups of students face to face.
This is a form of production.
What is Job production?
PU started as a Teacher Training college and is now a full fledged University
What is "Diversification"?
PU would need to work with their HR team to create a job description and person specification for the lecturer role that they are advertising.
The role created would then need to be advertised
What are two steps in the recruitment process?
This source of finance does not have to be paid back but has strict guidelines for services provided
What is a grant?
The January 2020 survey shows high student satisfaction
What is primary research?
PU University administration periodically inspects online lectures to make sure they are appropriate
What is Quality Control?
PU has recognised IT, business, electronics, medicine, engineering, and media faculties
What is a strength for PU?
The worker is given a first, verbal warning, explaining the misbehaviour. If things do not improve, the employee is issued a formal written warning. Often given an improvement plan, with set targets
What are two steps in the dismissal process?
The term when total revenue is greater than total cost for a non profit organisation
What is surplus?
The university has an emphasis on meeting the needs of 21st-century society, so it has strong IT, business, electronics, medicine, engineering and media faculties.
What is a market oriented business?
This type of production aims to minimize costs by making the organization more efficient and more responsive to changing market needs
What is lean production?
They can be overly dependent on the goodwill of the general public, such as donations or financial assistance for their funding.
What is a disadvantage of a non-profit organisation?
Due to the redundancies of lecturers and switch to part time employment for some, lecturers may be concerned for their jobs. Furthermore, the allegations of bullying and low morale in the History faculty, led to lecturers leaving. This leads to various parts of Maslow's needs not being met.
What are Maslow's security and esteem needs?
PU can negotiate longer payment terms with its vendors
PU is highlighting its Faculty of Medicine and Faculty of IT
What is PU's USP?
In Sept 2021, all onsite teaching stopped for two months and then courses were delivered in temporary classroom and online
What was PU's crisis management plan?