Lucy’s website, a company that builds web applications, adopts flexible employment practices such as employees choosing their own working hours, lunchtimes and holidays.
This is most likely to lead to a decrease in?
Select ONE answer:
empowerment
motivation
productivity
labour turnover
Show your workings to arrive at your answer, and explain and justify your reasons:
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 4
Not correct – is wrong because employees are more empowered as flexible employment gives employees more control or responsibility.
Not correct – is wrong because motivation is likely to increase because employees have more choice over working conditions
Not correct – is wrong because productivity is likely to increase because employees will work harder when they are given more flexibility over their working conditions
Correct – Definition of labour turnover e.g. the proportion of a workforce who leave within a year. Lucy’s Employees may feel more valued; happier; or more motivated. Which would therefore reduce the number of employees who choose to leave Lucy’s company
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
Correct – Definition of design mix e.g. the combination of function, aesthetics and economic manufacture in the overall design. Economic manufacture is concerned with how cheaply the cola can be made. Tesco need to make the cola Correct – Definition of niche marketing e.g. selling to a small section/sub-section of market with distinct features. In this case selling food which is targeting Muslim customers/customers who only eat Halal chicken. Sales may increase for Nando’s because they are providing for specific needs of some of its customers.
Not correct – is wrong because this when a business uses social networks to advertise its products rather than selling to just one group of customers
Not correct – is wrong because mass marketing would be aimed at the whole of the population and this is only aimed at people who eat Halal chicken
Not correct – is wrong because this involves spreading Nando’s name via the internet to other customers rather than providing a type of chicken product
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
Correct – Definition of design mix e.g. the combination of function, aesthetics and economic manufacture in the overall design. Economic manufacture is concerned with how cheaply the cola can be made. Tesco need to make the cola as cheap as possible so that it can be sold for 20p needed to ensure low costs to enable a profit to be made.
Not correct – is wrong because consumers will not be concerned about how the cola looks as they are purchasing it due to the low price
Not correct – is wrong because though value cola has to function as a drink and be suitable for consumers to buy, the taste is not the most important aspect when the price is just 20p.
Not correct – is wrong because quality would not be the most important consideration as the cola is only 20p and it is a value brand/ quality is not an element of the design mix
Lucy, the manager at The Alex Pet Parc Emporium in Stoke, has weekly meetings with her staff where they all discuss and jointly agree targets for the business.
Which ONE of the following leadership styles is Lucy using?
Select ONE answer:
Paternalistic
Autocratic
Democratic
Laissez-faire
Show your workings to arrive at your answer, and explain and justify your reasons:
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
Not correct – paternalistic leader might organise a weekly meeting but would still make the final decision
Not correct – an autocratic leader would make all the decisions and dictate the targets to the employees
Correct – Definition of democratic leadership style e.g. democratic leaders are prepared to share decision-making with employees. Decision-making for the business is not made by Tony alone/ targets are set by all employees at the weekly meetings. This may result in the employees feeling more motivated as they are involved in decision-making.
Not correct – a laissez-faire leader would give employees complete freedom to set targets without any involvement by them
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