To show the formation and hierarchy of an organisation.
D
To display the company's Human Resource Department
Slide 9 - Quiz
What is the main advantage of a sole trader?
A
Shared decision making
B
Profit kept by owner
C
Access to large capital
D
Limited liability
Slide 10 - Quiz
What is the difference between internal and external growth in business?
A
Internal growth is achieved through increasing sales and production within the existing business, while external growth involves growth through mergers, acquisitions, or forming strategic alliances.
B
Internal growth is achieved through expanding into international markets, while external growth involves increasing employee motivation and morale.
C
Internal growth is achieved through partnerships with other businesses, while external growth is achieved through expanding the product line.
D
Internal growth is achieved through reducing costs, while external growth is achieved through increasing market share.
Slide 11 - Quiz
What is meant by 'span of control'?
A
The number of subordinates a manager directly supervises.
B
The width of the organisation's building
C
The number of managers in the organisation
D
The managers who supervise one subordinate
Slide 12 - Quiz
What are the advantages of a 'wide' span of control?
A
More personalised supervision
B
Faster decision-making and reduced costs.
C
Increased employees
D
Better communication among employees
Slide 13 - Quiz
What are the disadvantages of a 'narrow' span of control?
A
Less understanding of role
B
Slower decision-making and limited autonomy for employees.
C
Improved coordination among teams
D
Clear communication channels
Slide 14 - Quiz
What is an advantage of a 'hierarchical' organisational structure?
A
Enhanced communication channels.
B
Empowers employees to make decisions independently.
C
Increased flexibility and adaptability.
D
Clear lines of authority and responsibility.
Slide 15 - Quiz
Which of the following is an example of external growth for a manufacturing business?
A
Developing a new product line to diversify the business portfolio.
B
Acquiring a smaller competitor in the same industry.
C
Expanding into international markets to access new customer segments.
D
Increasing production capacity through investment in new machinery.
Slide 16 - Quiz
What is a disadvantage of a 'hierarchical' organisational structure?
A
Facilitates quick response to market changes.
B
Promotes innovation and creativity.
C
Encourages employee empowerment.
D
Slow decision-making processes.
Slide 17 - Quiz
What is the main characteristic of a tall hierarchical structure?
A
Flat management system
B
Decentralized decision-making
C
Few levels of management
D
Many levels of management
Slide 18 - Quiz
What is a disadvantage of a flat hierarchical structure?
A
Limited career progression opportunities
B
Clear lines of authority
C
Centralized decision-making
D
Efficient communication channels
Slide 19 - Quiz
What is an advantage of a tall hierarchical structure?
A
Clear lines of authority
B
Flexibility in decision-making
C
Effective team collaboration
D
Faster decision-making process
Slide 20 - Quiz
In a flat hierarchical structure, what is the communication like?
A
Hierarchical and rigid
B
Efficient and quick
C
Limited and slow
D
Formal and bureaucratic
Slide 21 - Quiz
What is a disadvantage of a tall hierarchical structure?
A
Empowerment of employees
B
Flexibility in decision-making
C
Efficient communication channels
D
Slow decision-making process
Slide 22 - Quiz
According to Herzberg's Two-Factor Theory, which of the following is a hygiene factor?
A
Working Conditions
B
Job Enrichment
C
Recognition and Achievement
D
Responsibility and Advancement
Slide 23 - Quiz
What is Maslow's Hierarchy of Needs?
A
A theory of leadership styles.
B
A theory of motivation with three levels.
C
A theory of motivation with five levels.
D
A theory of personality development.
Slide 24 - Quiz
What are the hygiene factors in Herzberg's theory?
A
Factors that contribute to teamwork.
B
Factors that lead to high productivity.
C
Factors that increase job satisfaction.
D
Factors that can lead to dissatisfaction.
Slide 25 - Quiz
What are motivators in Herzberg's theory?
A
Factors that lead to job satisfaction and motivation.
B
Factors that cause stress at work.
C
Factors that improve communication.
D
Factors that reduce absenteeism.
Slide 26 - Quiz
Which level of Maslow's Hierarchy of Needs includes safety and security?
A
Third level
B
Second level
C
First level
D
Fourth level
Slide 27 - Quiz
What is the highest level in Maslow's Hierarchy of Needs?
A
Self-actualization
B
Safety
C
Esteem
D
Belongingness
Slide 28 - Quiz
Which of the following is not a level in Maslow's Hierarchy of Needs?
A
Esteem
B
Security
C
Physiological
D
Self-Actualization
Slide 29 - Quiz
Which level of Maslow's hierarchy of needs would offering flexible working hours to employees satisfy?
A
Love/Belonging
B
Safety
C
Physiological
D
Esteem
Slide 30 - Quiz
What is a hierarchical structure in an organisation?
A
A structure where all employees have equal power
B
A structure with no clear levels of authority
C
A structure that changes frequently
D
A structure where authority is layered from top to bottom.
Slide 31 - Quiz
In which level of Maslow's hierarchy of needs would providing job security and a safe working environment satisfy?
A
Esteem
B
Safety
C
Self-actualization
D
Physiological
Slide 32 - Quiz
Which level of Maslow's hierarchy of needs would a company address by organizing team-building activities and fostering a sense of community among employees?
A
Esteem
B
Love/Belonging
C
Physiological
D
Safety
Slide 33 - Quiz
At which level of Maslow's hierarchy of needs would recognition programs and opportunities for advancement in a company satisfy?
A
Love/Belonging
B
Esteem
C
Safety
D
Physiological
Slide 34 - Quiz
Which level of Maslow's hierarchy of needs would offering training and development programs to employees satisfy?
A
Self-actualization
B
Physiological
C
Safety
D
Love/Belonging
Slide 35 - Quiz
Which of the following is a hygiene factor according to Herzberg's Two-Factor Theory?
A
Salary
B
Recognition
C
Achievement
D
Working conditions
Slide 36 - Quiz
According to Herzberg's Two-Factor Theory, which of the following is a motivator?
A
Supervision
B
Recognition
C
Security
D
Company policy
Slide 37 - Quiz
According to Herzberg's Two-Factor Theory, which of the following is a hygiene factor?
A
Achievement
B
Responsibility
C
Company policy
D
Recognition
Slide 38 - Quiz
What is a characteristic of a hierarchical structure?
A
Decentralized decision-making authority.
B
Equality among all employees.
C
Fluid and interchangeable job roles.
D
Clearly defined levels of authority and responsibility.
Slide 39 - Quiz
What is an advantage of a private limited company?
A
Access to public capital markets
B
Ease of formation
C
Single ownership
D
Limited liability for owners
Slide 40 - Quiz
What is a disadvantage of a partnership?
A
Easy decision making
B
Limited financial resources
C
Unlimited liability for debts
D
Tax advantages
Slide 41 - Quiz
What does the primary sector of business involve?
A
Assembling components into finished products
B
Providing transportation services
C
Retailing goods to consumers
D
Extracting raw materials from the earth
Slide 42 - Quiz
Which sector is involved in manufacturing and construction activities?
A
Primary sector
B
Secondary sector
C
Tertiary sector
D
Quaternary sector
Slide 43 - Quiz
What does the secondary sector transform raw materials into?
A
Financial products
B
Intellectual property
C
Information technology services
D
Finished goods
Slide 44 - Quiz
What are the advantages of internal growth for a business?
A
It provides access to new markets, it allows for diversification, and it leads to increased competition.
B
Control is maintained, there is less financial risk, and it allows for gradual expansion.
C
It requires less managerial expertise, it allows for rapid expansion, and it reduces the need for internal investment.
D
It enables access to new technology, it reduces the need for skilled labor, and it enhances brand reputation.
Slide 45 - Quiz
What are the disadvantages of external growth for a business?
A
Loss of control, cultural clashes, and the complexity of managing a larger organization.
B
Reduction in competition, access to new markets, and the potential for cost synergies.
C
Enhanced brand reputation, access to new technologies, and the ability to diversify product lines.
D
Increased access to resources, alignment with market trends, and the ability to leverage economies of scale.
Slide 46 - Quiz
What is an example of internal growth for a retail business?
A
Opening new stores in different locations.
B
Forming a strategic alliance with a tech company to enhance online presence.
C
Merging with a competitor to gain market share.
D
Acquiring a supplier to secure a consistent source of products.
Slide 47 - Quiz
Which of the following is a non-financial motivator?
A
Recognition and praise
B
Company car as fringe benefit
C
Profit sharing scheme
D
Higher commission bonuses
Slide 48 - Quiz
What is an example of a fringe benefit?
A
Health insurance coverage
B
Recognition and praise
C
Higher commission bonuses
D
Profit sharing scheme
Slide 49 - Quiz
Which motivator is based on a percentage of sales achieved?
A
Health insurance coverage
B
Recognition and praise
C
Commission bonuses
D
Profit sharing scheme
Slide 50 - Quiz
What is an example of a financial motivator?
A
Recognition and praise
B
Company car as fringe benefit
C
Higher salary
D
Flexible working hours
Slide 51 - Quiz
Well done!
Review your answers and think about gaps in your knowledge you need to review before next weeks check point assessment.