Delayering Study guides, Revision notes & Summaries

MIE 330 FINAL EXAM 2024 WITH 100% CORRECT ANSWERS Job Evaluation - correct answer An administrative procedure for measuring the relative internal worth of the organization's jobs. Pay Ranges - correct answer A set of possible pay rates defined by a minimum, maximum, and midpoint of pay for employees holding a particular job or a job within a particular pay grade. Compa-Ratio - correct answer The ratio of average pay to the midpoint of the pay range. -If the average equals the midpo...

2023 AQA GCSE BUSINESS 8132/1 Paper 1 Influences of operations and HRM on business activity Question Paper & Mark scheme (Merged) June 2023 [VERIFIED] GCSE BUSINESS Paper 1 Influences of operations and HRM on business activity Thursday 18 May 2023 Afternoon Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You m...

This summary contains all the information from Chapter 13 that CIE could ask students about organisational structures, such as: Why organisations need structure Business objectives and organisational structure Types of organisational structure (functional, hierarchical structures) Levels of hierarchy Chain of command, spans of control, delayering Delegation and accountability Control, authority and trust Centralisation and decentralisation Line and staff management functions The sum...

MGMT 374 FINAL EXAM QUESTIONS 2024. Developing a Pay Structure What is the most likely consequence of emphasizing the internal evaluation? - ANSWER Salespeople salaries likely would be reduced Developing a Pay Structure Which of the following statements is most likely true about this case? - ANSWER The pay structures suggested by the internal and external comparisons do not necessarily converge. Developing a Pay Structure What is the most likely reason that people in logistics are ...

GCSE BUSINESS 8132/1 Paper 1 Influences of operations and HRM on business activity Version: 1.0 Final *Jun* IB/G/Jun23/E10 8132/1 Thursday 18 May 2023 Afternoon Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside the box around each pa...

Centralisation Maintaining control by keeping authority at the senior levels of the organisation. Chain of command The line through the hierarchy that shows who is responsible for whom from top to bottom of an organisation. Contracts of employment A legal document that sets out the terms and conditions of the job for the employer and the employee. Decentralisation Where authority is spread widely through the organisation. Delayering The reorganisation of the orga...

Job Evaluation - ANSWERSAn administrative procedure for measuring the relative internal worth of the organization's jobs. Pay Ranges - ANSWERSA set of possible pay rates defined by a minimum, maximum, and midpoint of pay for employees holding a particular job or a job within a particular pay grade. Compa-Ratio - ANSWERSThe ratio of average pay to the midpoint of the pay range. -If the average equals the midpoint, CR is 1. -If CR is greater than 1, the average pay is above the midpoint...

3.6 AQA A Level Business Already Passed calculate labour turnover no. of employees leaving / no. of employees X100 calculate labour cost per unit labour costs/units produced calculate labour productivity output per period/number of employees employee costs as a percentage of turnover equation total employe costs/total turnover X100 Define labour turnover % of employees leaving a business over a period of time why is high labour turnover often a negative thing? More capital has to be spent o...

AQA A level Business Unit 6 Latest 2023 Graded A+ Hard Human Resource Management when managers treat the human resource in the same way they would treat and other resource. employee relations likely strained and staff may see the need to get trade union involved. Line Managers Staff responsible for achieving specific business objectives, and with the resources to get things done. Soft Human Resource Management Treat workforce as a special strength of the business and therefore make sure that s...

Business Studies AQA A-Level 2024 Ansoff's Matrix are Assets Shows the strategies that a firm can use to expand, according to how risky they Resources owned by a business Balance sheet Barrier to entry Benchmarking A snapshot of a firm's finances at a particular time An obstacle that makes it harder for companies to enter a market a process by which a company compares its performance with that of high performing organizations Big data Large quantities of ...