A level Business Theme 2

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define manager

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38 Terms

1

define manager

ensures tasks are completed and deadlines are met

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2

define leader

motivating and inspiring people to work towards a common goal

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3

3 manager tasks

setting objectives, analsying and interpretating data, appraising strengths and weaknesses of employees

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4

3 leader tasks

motivating and inspiring people, provide direction, think about long-term plans

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5

define autocratic

a ruler who has absolute power and takes no account for workers opinions

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6

define paternalistic

leader consults workers before making a decision and persuades them on the decision

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7

define democratic

employees are involved in the decision making

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8

define laissez-faire

hands off approach and they rarely interfere with workers

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9

2 internal factors

how skilled the workforce is, whether a task is urgent

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10

3 external factors

whether the business is in crisis, competition, growing economy

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11

3 advantages of autocratic

quick decision-making, experienced making the decisions, clear instructions for employees

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12

3 disadvantages of autocratic

less creativity from employees, lack of motivation, stressful decision making for leader

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13

3 advantages of laissez-faire

effective with highly skilled staff, employees feel empowered, leaves room for creativity

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14

3 disadvantages for laissez-faire

ineffective for inexperienced staff, employees have no support, responsibility is unclear

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15

3 advantages of democratic

highly motivated employees, employees better prepared for promotion, employees more accepting of change

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16

2 disadvantages of democratic

slow decision-making, strong leader is required

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17

3 advantages of paternalistic

quick decision making, loyal employees, employees feel recognised

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18

3 disadvantages of paternalistic

lack of motivation from employees, less creativity, employees dependant on supervisors

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19

when is autocratic leadership effective?

times of crisis, less experienced staff

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20

when is democratic leadership effective?

to encourage creative input, larger firms

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21

when is paternalistic leadership effective?

inexperienced staff, to build loyalty from employees

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22

when is laissez-faire leadership effective?

experienced staff, to encourage creativity

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23

7 management styles of Tannenbaum Schmidt Continuum

tells, sells, suggests, consults, joins, delegates, abdicates

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24

define ‘tells’

no employee decision making

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25

define ‘sells’

manager makes decision, employees can ask questions

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26

define ‘suggests’

manager outlines decision, employees give opinions

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27

define ‘consults’

manager proposes a decision, employees can discuss modifying the decision

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28

define ‘joins’

manager proposes a problem, employees discuss solution, manager makes final decision

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29

define ‘delegates’

manager proposes problem, employees find a solution, manager is accountable for the outcome

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30

define ‘abdicates’

employees find and solve a problem

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31

define evidence based decision making

decision based on data, adopting a scientific approach

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32

define intuition based decision making

decision based on opinion or ‘gut feeling’

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33

how do you make an evidence based decision?

  1. set objectives

  2. collect data

  3. analyse data

  4. make decision

  5. implement decision

  6. review decision

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34

2 advantages of evidence based decision making

data driven without emotion, no personal bias - improve staff morale

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35

2 advantages of intuition based decision making

quick decision (in times of crisis), personal experience can show bigger picture

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36

2 disadvantages of evidence based decision making

time consuming to collect data, outdated data can be unreliable

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37

2 disadvantages of intuition based decision making

carries greater risk, emotional/personal bias

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38
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