BH 2.4 HL Non Theorists

What is the definition of labor turnover?

• The number of products sold by a business in a year

• The percentage of a business's workforce that leaves the organization over a given time

• The number of staff joining a business in a year

• The total revenue generated by a business in a year

What are the advantages of low labor turnover?

• New, creative ideas are not brought into the business

• Ineffective employees remain in the business until they are fired

• Business will have to fire staff if they want to reduce staff

• Shows the business is stable and employees are generally happy

What is the purpose of an appraisal in a business?

• To increase the number of employees in the organization

• To evaluate the performance of an employee and foster a positive working environment

• To reduce the salaries of employees

• To decrease the workload of employees

What is formative appraisal in schools?

• An external agency that looks for the best candidates

• Offering positions to student workers

• The final mark given at the end of the semester

• Feedback given in class on a 10 mark question

What is the purpose of recruitment in businesses?

• To find employees to fill jobs

• To increase the profit of the business

• To reduce the quality of products

• To decrease the number of employees in the organization

What is included in a job description?

• Job title, main duties of job, responsible for and to, date of issue

• An external agency that looks for the best candidates

• Personal qualities, knowledge, qualifications, skills, experience

• Feedback given in class on a 10 mark question

What is the advantage of internal recruitment?

• Increase the pool of candidates and their set of skills

• Leaves another position open that needs to be filled

• May cause resentment among other employees

• Candidates already have experience in the business

What is the disadvantage of external recruitment?

• Slower

• Limits costs of external advertising

• Candidates already have experience in the business

• May not require much training

What is salary as a financial reward?

• A set quantity of money usually paid monthly

• Employees are paid based on the number of hours they work

• Workers are paid by results through either a percentage of sales

• Employees are paid based on the number of items they produce

What is job enrichment?

• Creating groups so that workers can work together to complete tasks

• Increasing the number of tasks an employee does in the same area

• Redesigning jobs to give employees more complex and challenging tasks

• Allowing employees greater control over how they do their jobs