Revision

Relates to how much work is completed by employees. It is usually measured in the number of products produced or the amount of work completed in a certain period of time.

• Productivity

• Bonus

• Job Rotation

• Promotion

Financial methods of motivation

• Productivity

• Retention

• Fringe benefit

• Motivation

When an employee starts a new job, they are likely to receive...

• Re training

• Technology training

• Induction training

• performance training

The process of identifying a job vacancy within a business and then finding a suitable candidate to fulfil that role.

• Recruitment

• Motivation

• Training

• Interview

A structure is often also referred to as a ‘tall’ organisational structure. A structure has many layers of management, and businesses with this structure often use a ‘top-down’ approach with a long chain of command.

• Top structure

• Organisational culture

• Hierarchical structure

• Flat structure

This finance enables you to buy movable assets and equipment needed for your business to operate.

• Debt finance

• Overdraft

• Asset finance

• Angle finance

A type of private equity, is equity funding provided by outside investors into early-stage, high-potential, high-risk ventures in return for above-average returns.

• overdraft

• Debt finance

• Venture capital

• Venture debt

An example of Fixed costs

• Water

• Groceries

• Rent

• Telephone

It is advised that new business owners project their cash flows for at least the first three months of the business's life.

• Income statement

• Balance sheet

• Budget

• Projected cash flow

Financial analysis is needed to work out the businesses financial position and limit the chances of failure and reveal certain trends. The following is used.

• The Budget

  The balance sheet

  Financial ratios

• The income statement

  The balance sheet

  Financial ratios

• The Bank

  The balance sheet

  Financial ratios

• The owner

  The balance sheet

  Financial ratios