Business owned and operated by the government
What is a Government business enterprise
5 needs that employees have which motivate them, physiological, safety, security, social needs, esteem needs, self-actualisation
What is Maslow's hierarchy of needs
A legal document which outlines the minimum wages and conditions of work across an entire industry
What is an Award?
how productively a business uses its resources when producing a good or service
What is Efficiency?
- No employee input, devalues staff and decreases skill development, discourages idea sharing, don’t know why decisions are being made = low morale
- Can lead to absenteeism and high turnover, therefore increasing costs
- Tensions can increase as staff seek to please autocrat while compromising one another’s relationships or work
- Creates us v them culture whereby staff go against the autocrat
- Smaller pool of ideas
- Employee skills are not developed
What are the disadvantages of autocratic leadership?
Owners, shareholders, directors, management, employees are what type of stakeholder? (clue: I or E)
what are Internal stakeholders
Clarity, Challenge, Commitment, Feedback are part of this.
What is Goal Setting Theory Locke and Latham?
Refers to an employee leaving the business because their job no longer exists. This is caused by technological changes that require less physical staff, business restructuring to improve productivity or strategy to reduce wage costs, or commonly due to a poor financial year or merger/acquisition
What is Redundancy (voluntary or involuntary)?
which type of key element is this of operations?
What are some types of inputs?
- Staff can feel disillusioned with this type of management due to lack of feedback or decision-making power
- communication is still poor due to top-down leadership
- Employees remain frustrated
What are the disadvantages of persuasive leadership?
Centralised management style, information given to employees but no employee feedback given, good for projects that have deadlines or if staff are inexperienced
What is a Persuasive leadership style?
Acquire, bond, learn, defend make up this theory
What is the Four Drive Theory Lawrence and Nohria?
What are Transition issues?
equipment and machines are arranged in a sequence, controlled by computer systems to perform tasks automatically. Highly specialised to complete complex activities, usually on a conveyor belt. A key feature is the use of robotics which are programmable and capable of doing several different tasks.
What are APL Automated production lines?
-> Objectives may become out of focus
What are the disadvantages of laissez-faire management?
Five key areas of management responsibility
What are HR, Finance, Operations, Sales/Marketing, Technology areas part of?
two types of rewards that people value, one is the feeling of pride or accomplishment, the other is financial or physical to recognise a goal has been achieved
What are Intrinsic and Extrinsic rewards?
process of establishing an agreement is known as collective bargaining. During this process, employees can be represented by a union official to negotiate conditions and employers can be represented by members of their employer association. Comply with the national employment standards set by the FWC
What is Collective bargaining or enterprise agreement??
What is Forecasting
-> Not all want to contribute
What are the disadvantages of participative management?
What are the 6 key management skills
Communicating, Delegating, Planning, Leading, Decision Making, Interpersonal Skills
workers who contribute ideas to contribute productivity or reduce operation costs have money put into a savings that are distributed among employees
What is Gainsharing?
What is Industrial action?
the use of a system that assures product meets set standards in the production, set by an independent body usually making use of ISO 9001:2015.
What is quality assurance?
-> Slows down change greatly
-> Decisions not always suitable for staff to discuss. Inconsistency with management decision making can lead staff feeling confused or uncertain about their role in the business
-> Some ideas are inevitably ignored or rejected which can lead to resentment
-> Employees mightn’t be experienced or knowledgeable enough
What are the disadvantages of consultative management?