Lead the way
This motivation theory believes that in order to motivate people we need to provide them with autonomy, mastery, and purpose
What is Pinks motivation theory?
If you're a control freak then this is the best way to form your business organization
What is sole trader?
This type of training is an introductory training programme to familiarise new recruits with the systems used in the business and the layout of the business site
What is induction training?
The use of computer-controlled robots has increased productivity in car manufacturing which has had a strong external impact on the car manufacturing industry. This impact is referred to as?
What is the impact of technology?
This statement describes a company's core aims and is phrased on a way to motivate employees and to stimulate interests of outside groups
What is mission statement?
If this company fails, no one can go after the shareholders personal car, house, or any personal wealth
What is limited liability company?
(# of employees leaving in one year / average # of people employed)*100 this equation calculates...
What is Labour turnover?
This framework can analyze the external environmental factors affecting business objectives and strategies
What is STEEPLE analysis?
This leader gives his team a chance to vote on all decisions
What is democratic leadership?
You can buy this certificate to ensure you are entitled to dividends and certain rights in a company
What are shares?
Lush sets objectives based on their moral conduct of sustainability and anti-animal testing.
What is ethical objectives?
Abraham Maslow believes that this need is the most fundamental need of all
What is physical needs?
When managers use this leadership style they gain the trust of stakeholders and build a positive reputation because they are known for doing 'what is right'
What is ethical management / ethical leadership?
I like you, so I was to create a business with you. We can share the responsibilities and invest in the company together
What is a partnership?
It's your first day at work and your manager assigns you a senior employee to help you during working hours and to give you instructions on how to carry on tasks
What is on-the-job training?
In 1964, Pepsi launched "Diet Pepsi" as a growth strategy that took an existing product and developed it into a slightly different version
What is product development?
"YOU'RE NOT MY DAD!" Screams a female employee to her male manager who uses his power to control and protect her, and other employees, while expecting loyalty and obedience
What is paternalistic leadership?
When a small to medium sized business is owned by shareholders who are often members of the same family, this it referred to as
What is a private limited company?
Creating a job description, including a job title, detailing the tasks to be performed, outlining the responsibilities, placing a hierarchal structure, and other details, is a description of this process.
What is recruitment process?
The company from yesterday's case study could have used this tool to show the degree of risk associated with different growth strategies (market penetration, market development, product dev, diversification)
What is Ansoff Matrix?