In a business heirarchy, who is responsible for establishing short-term targets to achieve the long-term plans set by directors?
- The managing director
- Operatives
- Shareholders
- Middle-management
What does it mean to 'delegate a task'?
- To put yourself in charge of the task
- To put somebody else in charge of the task
- To remove all resposibility for a task
- To promote the task to shareholders
Which of the following financial incentives are based on how many products a person makes?
- Piece work
- Wages
- Profit share
- Salary
In a job description, describing the requirements of the job role is called…
- The job description
- Human resources
- The person specification
- Diversification
Which of the following is an advantage of a centralised management structure?
- All staff feel empowered to make decisions
- There is a clear chain of command
- Rapid response to changes in local market conditions
- Improved motivation amongst remote workers
In which type of management structure are all decisions made at head office?
- Franchise
- Sole trader
- Centralised
- Decentralised
Which style of management does not give workers freedom to make decisions?
- Democratic
- Pragmatic
- Systematic
- Autocratic
Which of the following is true of a tall hierarchy?
- Managers have fewer staff to manage, so can do so more effectively
- Communication between the top and bottom can be fast and efficient
- There is a short chain of command
- There is a wide span of control
Which of the following is an advantage of a decentralised management structure?
- Specialist management skills are used throughout the business
- There is a clear chain of command
- Improved response to changes in local market conditions
- Decisions are made by a few senior managers
What type of heirarchy is shown in the diagram below?