Recruiting using interviews only

Recruiting from outwith the organisation

Recruiting using online applications only

Recruiting from within the organisation

Intelligence test

Medical test

Attainment test

Communication test

People may prefer face-to-face contact rather than virtual learning

It can be accessed at any time of the day in any location

A recognised qualification can be gained

Providing fair play for the work that employees do

Offering incentives for achieving targets

Making decisions without notifying staff

Expecting staff to complete work in their own time

If something is not satisfied then they can still move onto the next level

You must start at the top of the pyramid and work your way down

Each level must be satisfied before someone can progress to the next level

If you do not feel satisfied with your self esteem there is no way of progressing

When inputs and outputs are the same, employees will feel dissatisfied

What people put into their work should be matched equally to what they get out of it

People are demotivated when they are getting more out of their work than what they are putting in

The Theory X manager believes that employees love their work whereas the Theory Y manager believes that employees try to avoid their work

The Theory X manager will delegate responsibility to their employees however the Theory Y manager makes all the decisions

The Theory X manager believes that employees have no drive or ambition and are not interested in being given responsibility whereas the Theory Y manager believes that employees work hard to achieving goals for the organisaiton

Autocratic, Democratic and Laissez-faire

Autocratic, Leadership and Motivation

Democratic, Laissez-faire and Achievement

Provide information for decision making

Forecast what might happen in the future

To motivate staff

To find out the stage of each product within its life cycle

Shareholders benefit from limited liability

Saves on having to purchase expensive equipment outright

Organisations who have a poor credit rating might be able to get finance

Identify the profit which has been made from the overall year

Forecast the amount of money expected to be received or paid out over a period of time

Calculate the gross and net profit

People who the organisation owe money to

People who owe the organisation money

People who owe the organisation money

People whom the organisation owes money

How easily an organisation can pay its short term debts

Payment to shareholders for having shares in a company

Selling shares on the stock market

Rent

Sales

Wages

Measures how able the organisation is to pay its short-term debts

Measures how well the capital invested into the company is being utilised

Measures how profitable the organisation is

Measures how profitable the organisation is

Measures how able the organisation is to pay its short-term debts

Measures how well the capital invested into the company is being utilised

Measures how profitable the organisation is

Measures how able to organisation is to pay of its short-term debts

Measures how well the capital invested into the company is being utilised