Unit 3 AOS 1

1. A stakeholder that wants Opportunities to increase their status further/achieve further promotions/career advancement
7. The owners of publicly listed companies and private limited companies
12. The extent to which a business achieves its stated objectives
14. A similarity of both partnerships and sole traders
15. A management style where the manager and employees come together to make decisions as a team.
18. What do some traders, partnerships, public listed companies and private listed companies aim to make
21. The ability to create positive interactions with employees in order to develop beneficial professional relationships
25. A similarity of both private limited companies and publicly listed companies
26. The transfer of authority and responsibility from a manager to an employee to carry out specific activities. The manager remains accountable for the work
27. A management style where the manager makes the decisions and tells employees what tasks to perform.
28. Impact on efficiency if Employees listening to their training videos at 0.5x speed and learning every single detail
29. management style where the manager makes decisions and then explains to employees why decisions have been made.
30. The amount of government regulations when setting up sole trader and partnership

2. Stakeholders that want A return on their investment
3. A similarity if private limited company and publicly listed companies when getting set up
4. A business with 2-20 owners
5. A business with 1 owner
6. A liability where the personal assets of the owners are at risk
8. the general community of a business is a type of
9. the ability to influence and motivate people towards the achievement of business objectives
10. The ability to transfer information from one party to another
11. The ability to set a business' objectives and determine strategies for achieving them.
13. a stakeholder that wants To be paid on time when a business purchases from them on credit
16. A management style where the manager seeks the ideas and opinions of employees before they make a final decision
17. A stakeholder that wants value for money
18. Impact on efficiency if Employees listening to their training videos at 2x speed and learning minimal amount
19. A disadvantage of a participative management style
20. The local fish and chip Shop with 5 owners and unlimited liability is an example of a
22. How well a business uses its resources to produce goods or services
23. A liability where the personal assets of the owner is not at risk
24. A stakeholder that wants Pay that matches their managerial responsibilities