Unit 2: People in Business - Revision Guide

Front

What is motivation?

Back

The reasons why employees want to work hard and work effectively for a business.

Front

What are wages?

Back

Payment made weekly, often based on hours worked.

Front

What are salaries?

Back

Fixed monthly payments made to employees.

Front

What is commission?

Back

Extra pay based on a percentage of sales made.

Front

What is a bonus?

Back

Additional money given for good performance.

Front

What is job satisfaction?

Back

Enjoyment derived from doing a job well.

Front

What is job rotation?

Back

Workers switch between different tasks to reduce boredom.

Front

What is job enrichment?

Back

Giving workers more responsibility and challenging work.

Front

Who are motivational theorists?

Back

Herzberg (hygiene/motivators), Maslow (hierarchy of needs).

Front

What are financial methods of motivation?

Back

Wages, salaries, bonuses, profit sharing.