Business Studies - AS Level Key Words 0.0 / 5 ? Business StudiesKey WordsASAQA Created by: taylorukCreated on: 03-05-19 08:59 The goals or objectives of a HR department. Human Resource Objectives 1 of 28 A very Autocratic approach to HR where workers get little input. Hard HR Approach 2 of 28 A much more democratic view of HR where workers have more say in how management runs the business. Soft HR Approach 3 of 28 When a change in price will change the demand for a product. Price Elastic 4 of 28 A change in Price will not change demand. Price Inelastic 5 of 28 The amount of workers to leave a business in a period of time. Labour Turnover 6 of 28 Structure of workforce within an organisation showing who is accountable for whom. Heirarchy 7 of 28 The way authority is passed down the organisation structure. Chain of command 8 of 28 The number of subordinates that a manager or supervisor has directly under their control. Span of Control 9 of 28 Taking away a level of hierarchy in an organisational structure. Delayering 10 of 28 The power of an employee to instruct subordinates. Authority 11 of 28 Recruitment from inside the business. Internal recruitment 12 of 28 Recruitment from outside the business External recruitment 13 of 28 In a business organisational structure the manager would have the final say Centralisation 14 of 28 In a business organisational structure the structure is long and employees have some say over the work they do. Decentralisation 15 of 28 The factors influencing the way people behave Motivation 16 of 28 Those are are easily and fully commited to their role and strive to help the business achieve its objectives. Engaged Employees 17 of 28 When an employee is offered suitable alternative employment within a business (normally instead of redundancy) Redeployment 18 of 28 How significant is the task. Task Significance 19 of 28 The variety of methods that have a money value are used to reward the workforce. Financial incentives 20 of 28 The methods of motivating employees through job design. Non-Financial incentives 21 of 28 When you are motivated because you enjoy it. Intrinsic 22 of 28 When you are motivated because you have been offered a reward (money) Extrinsic 23 of 28 When employees receive a bonus based on the performance of the employee measured against pre-set criteria. Performance related pay 24 of 28 Varying the tasks an employee does to increase motivation Job rotation 25 of 28 The procedure of settling a dispute, under which the parties agree to be bound by the decisions of a third, neutral party. Arbitration 26 of 28 When a neutral third party encourages the continuation of negotiations Conciliation 27 of 28 An informal court for employees. Employment Tribunal 28 of 28
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