unit 3 AOS1
Across
- 4. ability to select an appropriate course of action from a range of alternatives
- 7. disadvantage of sole trader
- 8. the shared values and beliefs of people within a business
- 11. this is the unwritten values and beliefs present
- 15. Those that purchase goods/services from a business
- 16. Decisions impact staff directly and therefore require staff input to be accepted.
- 18. without this a business may lack directions and not allow business to achieve goals effectively
- 21. both consultative and persuasive and autocratic management styles have this
- 24. e.g.s include formal documents, rules
- 25. to motivate underperforming employees
- 27. business that aims to make a profit primarily to fulfil a mission that benefits the community rather then owners or shareholders
- 28. an advantage of this management style is that employees improve their motivation
- 29. A doctors surgery which is a partnership aiming to reduce the amount of paper used would aid this business objective
- 30. Those that are impacted by a business' operations and decisions because they live in close proximity to where the business operates
Down
- 1. advantage of a partnership
- 2. indicator of corporate culture
- 3. acronym for management styles
- 5. business objective which is the extent to which a business achieves its stated objectives
- 6. management style where employees have low experience and business is short on time
- 9. their interests include to be paid on time when a business purchases from them
- 10. stakeholder that wishes to make a profit
- 12. transfer of responsibility and authority from a manager to an employee
- 13. this is important for building relationships with key stakeholders
- 14. these may utilise different management skills or may use some of the same skills but in different ways
- 17. a management style with 2 way communication employees are involved and decentralised decision making
- 19. government run business provides a service to community
- 20. business that it's own legal identity with a max of 50 shareholders
- 22. Employees listening to their training videos at 2x speed and learning minimal amount would have a positive impact of this business objective
- 23. a management style that has one way communication with centralised decision making yet decisions are explained to employees
- 26. positive is that this type of business has unlimited liability