Management Styles
Take you to Task!
Beyond the Book
Easy Money
Motivation Me!
100
This management style features centralised decision making with managers opting to retain authority; a hierarchical chain-of-command approach.
What is autocratic?
100
This task word asks you to accurately state or explain the precise meaning of a word, phrase or term.
What is define?
100
This term refers to a contraction of Gross Domestic Product (GDP) and consequently the economy across two consecutive quarters. Paul Keating famously said during during one of these events: "This is the r......... we had to have!"
What is a recession?
100
The unit we are currently in of Business Management.
What is Unit 3?
100
This motivation strategy involves a financial reward for employees whose work is considered to have reached or exceeded a required standard.
What is performance-related pay?
200
This management style features centralised control and authority but with some value placed on employee contribution as managers seek to convince employees to follow their approach.
What is persuasive?
200
This task word asks you to bring together two things to note points of similarity AND difference.
What is compare?
200
This three word quote from Gordon Gekko (played by Michael Douglas in the 1987 film 'Wall Street') was considered to be the mantra of business in America under Ronald Reagan in the 1980s.
"Greed is good".
200
The colour of the hardest (usually higher mark) task words on your handy bookmark.
What is red?
200
This motivation strategy involves promoting employees to positions that include more responsibility.
What is career advancement?
300
An advantage of this management style is that there is a reasonable level of employee involvement.
What is participative?
300
This task word asks you to consider the strengths and weaknesses of a subject before reaching a final conclusion.
What is evaluate?
300
This information from the ASX share page for FMG shows net profit was $10B lower than revenue due to costs and this other factor.
What is taxation?
300
The name of the publisher of your textbook.
What is Cambridge?
300
A disadvantage of this motivation strategy is that if up-skilled employees are not given opportunities to use new skills it may lead to disenchantment.
What is investment in training?
400
This type of communication is featured in participative, consultative, and laissez faire management styles and is also a name for a street that goes both ways.
What is two-way communication?
400
This task word asks you to give valid reasons or evidence to support an answer or conclusion.
What is justify?
400
Australian bank stocks have increased recently due to the prospect of this financial instrument being raised.
What is the cash rate (interest rates)?
400
My surname (spelled correctly).
Who is Mr Ridgway?
400
This type of negative motivation strategy generally only has a short-term impact on employees and can lead to long term resentment or legal disputes.
What are sanctions?
500
Examples of businesses that suit this independent management style include advertising agencies, product design firms, start-up social media businesses, specialised engineering, medical research or architectural firms.
What is laissez faire?
500
This uncommon task word is roughly synonymous with 'propose' and 'recommend'.
What is suggest?
500
The name of the official body who controls the financial instrument mentioned in the $400 question.
What is the Reserve Bank of Australia (RBA)?
500
The length of the Business Management exam, including reading time.
What is 2 hours and 15 minutes?
500
This motivation strategy allows employees leeway in how they complete tasks or where they work; also a benefit of yoga!
What is flexibility?