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Worksheetsbusiness management
Total questions: 18
Worksheet time: 10mins
How many management approaches are there?
1
2
3
4
types of financial goals are?
profit maximisation
maximising market share
social
environmental
maximise profits
maximise growth
increasing growth
maximising market share
improving share price
social
maximising profit
increasing share price
what are the three management approaches ?
classical, autocratic and democratic
autocratic, democratic and behavioura
classical, behavioural and
contingency
scientific, bureaucratic and contingency
The definition for the classical approach is?
management stresses how best to manage and organise workers to improve productivity (output).
management stresses on autocracy
management stresses on having a democratic approach
management stresses on employee and their wellbeing.
having a narrow span of control and a tall organisational structure
relates to which management approach
classical
behavioural
contingency
is the following statement characteristics of:
coping with change
determining direction
motivating people
management
leadership
key characteristics of the democratic leadership style.
staff works together to make decisions
tells staff what to do, makes decisions
expects employees to follow order
consults with employees, asks for suggestions then decides
what company pursues non financial goals over financial goals
coca-cola
lush
qantas
HP
the Four financial goals are
maximising:
profit, market share, growth and share price
maximising:
profit, social media, market share and stocks
increasing:
share price, number of sales, profit and shares
two non financial goals are
social and technological
social and media
environment and customer relations
social and environmental
the two leadership styles are
classical and democratic
democratic and autocratic
autocratic and behavioural
behavioural and democratic
the classical approach goes with what leadership style
autocratic
democratic
the democratic approach is desirable for employees because
staff members can work together and ask for help
they know what to do because they are specialised in their job
doing the same thing everyday while also allowed to ask for help
why is an autocratic leadership style more efficient
workers have high job motivation
problems can be dealt more quickly as they aren't waiting for people to agree on a decision
everyone knows what do to in their task
list 3 management skill
(a)
management skills include
inspiring
leading communication
interpersonal
communication
decision making
interpersonal
caring
smart
thoughtful
leading
vision
which one is false for the following statement:
disadvantages surrounding the behavioural approach
conflicting opinions
employees think they are of higher value than co-workers
healthy and competitive competition between staff to increase efficiency.
The contingency approach stresses?
every situation is unique
the need to keep everything the same regardless of the circumstance
the need for flexibility and the adaptation of management practices and ideas to suit changing circumstances
every situation is similar
