CCEA • Business studies

A look at job enrichment, job enlargements, job rotation, empowerment, delegation, teamwork, quality circles and communication. Advantages and disadvantages are provided for each.

A look at McGregor's theory, Harzberg's Two Factor Theory, Taylor's Princples of Scientific Management,

A look at the four styles of management: Authoritarian, Paternalistic, Laissez-Faire and Democratic.

A look at the key functions/roles of management.

A look at the importance of staff, examples of poor planning, a look at the recruitment process mainly job analysis, job description and person specification. Advantages and disavantages of internal and external recruitment. Succession planning with examples. Training and the various types: on the job and off the job along with appraisal,

A look at the methods of recruitment including newspaper and magazin advertisements, university days, private employment agencies and Government Departments and Headhunting.

A look at cash flow, examples of cash flow and why it is important.

A look at budgeting, why it is important and the types of budgets.

A in-depth look at variance analysis, including the impact of a positive or adverse variance along with advantages and disadvantages.

A look at final accounts, why it is important to have them, key definitions, the income statement and statement of financial position.