Business studies 3.4

GCSE business studies topic 3.4

View mindmap
  • Business studies 3.4
    • Organisional structure
      • Flat structure
        • Where there are no middle management, apart from the boss/es, everyone else is the same
          • Advantages
            • Better communication as everyone gets the same message by one/two central figures
              • Everyone knows what they and everyone else are doing
                • So higher productivity
          • Dis-advantages
            • Less chances of promotion
              • So the staff are less motivated
                • Productivity goes down
            • Workers could feel that they are not being represented fairly when desicions are being made
              • More risk of high staff turnover
                • This could lead to a bad reputation for the company
                • More recruitment costs
      • Tall structure
        • There are different layers of management
          • Advantages
            • There are chances of promotion
              • So the workers will be more motivated and want to work harder as they want the promotion and they know they are in competition with the others
                • So the productivity could potentially be higher as the staff being more motvated means that they will make more
            • The business can have input from differnt departments as different managers can come together and talk about things that are needed.
              • So employees feel that they are being included in decisions and so they are happier at the company
                • So less staff turnover
                  • So the rectruitment costs are low
          • Dis-advantages
            • More likely to bad communication as there are many layers to get through and so its like chinese whispers (Chain of command could be high)
              • Technology is needed for efficient communication, but it isn't reliable and could fail anytime
    • Motivation
      • Maslows Hierarchy of needs
        • LOVE AND BELONGING
          • Intimate relationships, friends
          • Getting on with colleagues, team work exercise days, staff parties
        • SELF-ESTEEM
          • Prestige, feeling of accomplishment
          • Praise, encouragement, promotion, raise, employee of the month
        • SAFETY
          • Security: Job and Health
          • Health and Safety policies, Contracts
        • SELF-ACTUALISATION
          • Achieving ones potential
          • Charity days, sabbaticals, training and development
        • PHYSIOLOGICAL
          • Food, Water, Warmth, Rest
          • Minimum wage, Maximum hours, lunch break
            • Untitled
        • It is cumulative. It has to go up the pyramid. If you achieve love and belongingness, you will still have to achieve safety and physiological
    • Renumeration
      • Salaries
        • Yearly payments in monthly installments
          • Less productivity
      • Wages
        • Pay per hour/day
          • more productivity
      • Commission
        • more productivity
        • Earnings determined by how much they sell
      • Overtime
        • paid extra to work additional hours
      • Fringe benefits
        • e.g company cars, free gym membership
  • So less staff turnover
    • So the rectruitment costs are low
  • Wages
    • Pay per hour/day

    Comments

    No comments have yet been made

    Similar Business Studies resources:

    See all Business Studies resources »See all Methods to grow a business resources »