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2.3.1 Recruitment and selecting employees: 2.3.2 The importance of training and the methods of training: 2.3.3 Why reducing the size of the workforce might be necessary: 2.3.4 Legal controls over employment issues and their impact on employers and employees: Why recruit? Before we start to learn this topic, we need to know Why do…
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2.2.1 Draw, interpret and understand simple organisational charts: 2.2.2 The role of management: 2.2.3 Leadership styles: 2.2.4 Trade unions: Levels of management and division of responsibilities within a business can be represented on organisational charts Types of organisational structure Tall organisational charts –These have a long chain of command and a small span of…
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I have prepare this test to help you remember key points of this topic. Remember to take this test as many times as you can so that you fully understand this topic. Do as many past exam papers as possible to get yourself ready for the exam.
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2.1.1 The importance of a well-motivated workforce: 2.1.2 Methods of motivation: Why people work and what is motivation People work to earn money and fulfil their basic necessities and wants.To buy that car, house, clothes or holiday they want! This is why people work. Motivation is getting someone to do what you want them…
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I have put this test together to help you get good understanding of the topic so please take the test as many times as you can to ensure you have understood this chapter. If you get any of the questions wrong do not worry, keep taking the test and go through the lesson again…
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1.5.1 Businesses can have several objectives and the importance of them can change: Business objectives are the specific, measurable goals a company sets to guide its operations and measure success. They provide direction, focus, and a framework for decision-making within an organization. The importance of business objectives lies in: Clarity and Direction: Objectives define…
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Here I have prepared a test to help you remember the key points of this topic 1.4 Types of business organisation: Remember take this test many times to ensure that you have fully understood it. As always make sure you take all the tests and practices I have prepared for you on this website…
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1.4.1 The main features of different forms of business organisation: Sole Traders: Individuals running businesses alone, having full control and responsibility for profits and liabilities, often found in small enterprises. Advantages: Full Control: Sole traders have complete autonomy over decision-making and business operations.Simplicity: Minimal regulatory requirements and straightforward tax filings. Disadvantages: Unlimited Liability: Personal…
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I have prepared this test to help you understand topic 1.3 Enterprise, business growth and size Take the test as many times as you can before your exam to make sure that you understand the key point of this topic. Remember that practice makes perfect. Keep practicing and you will get high grades. There…
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1.3.1 Enterprise and entrepreneurship: An enterprise is an activity or a project that produces services or products. Within enterprise we have entrepreneurs. Entrepreneurship An entrepreneur is a person who organises, operates and takes risks for a new business venture. The entrepreneur brings together the various factors of production to produce goods or services. Here…