Management Styles (AoS1)
What is a participative management style?
This hierarchical motivational theories posits that people are driven by layered desires that build from physiological to self-actualisation.
What is Maslow's Heirarchy of Needs?
How long you should spend on a question worth 6 marks?
What is 6-7 minutes?
The place where shares of Australian public-listed-companies are traded.
What is the Australian Stock Exchange (ASX)?
A type of business with an individual owner entitled to all profits after tax but liable for all loses.
What is a sole trader?
How old were Gen Z's on average when they got their first smartphone?
12
In this management style, the majority of decision-making and running of the business is left with employees.
What is a laissez-faire management style?
The 'odd-one-out' from the following list related to Locke and Latham's goal setting theory: communication, clarity, commitment, challenging, feedback, complexity.
What is communication?
What is evaluate, analyse, justify, propose.
What is the name that has been given to the collapse of the tech industry?
What is Tech Wreck
This type of business can have from two to twenty owners.
What is a partnership?
They became the worlds youngest billionaire in 2018?
Who is Kylie Jenner?
A disadvantage of this management style is that employees may still not feel valued if they have provided their ideas but these are overlooked.
What is a consultative management style?
This level of Maslow's Hierarchy could be fulfilled by a prestigious job title or prestigious workplace facilities.
What is self-esteem needs?
What task word is this the explanation for?
Define term A
Define term B
The difference between term A and B.
Distinguish
What is the name of the parent company of Google and YouTube?
What is Alphabet?
This legal term refers to a situation in which shareholders are only personally liable to the level of their original investment in the company and not their personal assets.
What is limited liability?
The most popular messaging/chat app for gamers.
What is discord?
This management style relies on analysis of a range of variables to determine the most appropriate management style required to attain organisational goals in different types of situations.
What is a contingency (situational) management style?
Lawrence and Nohria talk about a need to be fulfilled by a strong workplace culture and relationships. What is that called?
What is the drive to bond?
What are the 4 things you might go between in a 'discuss' questions
What are:
Pros V Cons
Strengths V Weaknesses
Advantages V disadvantages
Arguments for V Against
A name for stocks commonly considered to be safe investments, usually larger companies that have strong reputations, a loyal customer base and which have existed for some time.
What is a blue-chip?
An individual or group who has a vested interest in a business (e.g. a competitor, a supplier, the government, etc.)
What is a stakeholder?
The most followed person on tik tok?
Who is @khaby.lame?
An advantage of this management style is that it results in a decentralised and 'flatter' business structure which encourages good communication as ideas are openly discussed.
What is a laissez-faire management style?
This motivation strategy can take the form of a reprimand, disciplinary counselling, or as a last resort, dismissal.
What is a sanction?
What counts as a contemporary case study
Real-world examples that have occurred within the last 5 years.
What does CEO stand for?
What is Chief Executive Officer?
This type of statement expresses the purpose or reason a business exists.
What is a vision statement?
What GPT stands for in chat GPT?
What is generative pre-trained transformer?