Buss 2 revision

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Buss 2 revision

• How to get started?

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Syllabus use it!
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Work with Mr Vivian
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Work with Mrs Gordon / Mr Montana
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Work with Mrs Gordon / Mr Montana
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Work with Mr Vivian
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Work with Mr Vivian
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Work with Mrs Gordon / Mr Montana
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Work with Mrs Gordon / Mr Montana
Work with Mr Vivian
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What next?

• Learn the theory practice using it!

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Calculations

• You will need to learn formulas be able to
  calculate
• Capacity utilisation
• Net Profit Margin and Return on capital
• Variance Analysis
• Workforce performance
• Effect on Sales Revenue of Price Elasticity

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Lets look at HRM theory.!
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Can you remember calculations?

• Labour productivity
• Labour turnover
• Absenteeism

What are the formulas?
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Summary of formulas needed

• Labour productivity per worker
• Total value of Output
• Total Number of workers
• Labour cost per unit
• Total Labour Cost
• Number of units produced

• Labour turnover
• number of leavers p.a. x 100
• Average number of employees p.a.
• Absenteeism
• Number of staff absent per time period x 100
• Total number of staff days worked per time period

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Try using the formulas
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Remember that there are marks for writing the
formula as well as doing the calculation!

• A company has 700 staff and 77 leave this year.
  What is their labour turnover?
• If in the following year 120 staff leave what is
  their labour turnover now?

120/700 x100 17
77/700 x100 11
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Exam style questions

• If a company has a labour turnover of 20,
  examine the possible implications for the
  business of this figure. (9 marks)

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More Qs

• If a company has 700 workers and it produces 1.4m
  products a year. What is their labour
  productivity?
• If in the following year the same company
  rationalises its staff to 600 workers and
  produces 1.5m products, what is their new labour
  productivity?

1,400,000 / 700 2000 units per worker
1,500,000 / 600 2500 units per worker
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Organisation chart issues

• a) What is the Managing Directors span of
  control? (1)
• b) How important does Human Resources seem within
  this business? (3)

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• Did Herzberg regard employee promotion as a
  motivator or a hygiene factor? (1)
• Outline one reason why promotion could be seen as
  a motivator. (2)
• Outline one reason why promotion could be seen as
  a hygiene factor. (2)

motivator
Motivators give workers job satisfaction makes
them more productive
Hygiene makes workers dissatisfied if someone is
not promoted it can make them less productive
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Its not just the little questions

• Buss 2 is marked with more analysis and
  evaluation marks

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Your task
You will have up to 3 mins per go

• In groups of 2 or 3s
• There are 3 different exam Qs for you to look
  at.
• 1st sheet to define the key terms
• 2nd move to identify 2 or 3 key issues FOR the
  concept
• 3rd move to identify 2 or 3 key issues AGAINST
  the concept
• Final move to decide on a conclusion for the Q

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Larger style Q mark scheme
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Evaluate the importance of non-financial methods
of motivation compared with financial methods in
a given situation (15 marks)
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Evaluate the merits of internal and external
recruitment methods available in a given
situation (15 marks)
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To what extent is labour productivity important
for the competitiveness of a business (15
marks)
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(No Transcript)
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REVISE over Easter!

• http//www.tutor2u.net/blog/index.php/business-stu
  dies/comments/aqa-as-business-unit-2-revision-quiz
  zes/extended