AICE BUSINESS AS GENERAL STUDY GUIDE
QUESTIONS AND CORRECT ANSWERS
[DETAILED ANSWERS] 2024 UPDATED
VERSION CERTIFIED 100% GRADED A+
Motivation - ANSWER>>Internal and external factors that stimulate people to
take
actions that lead to achieving a goal.
Taylor - ANSWER>>Theory of the Economic Man - Money is what motivates
people. You
get paid for what you produce.
Mayo - Hawthorne Effect - ANSWER>>Working conditions and money did not
motivate employees.
Maslow - Pyramid and Hierarchy - ANSWER>>1. Self actualization - reaching one's
goals.
2. Esteem Needs - respect from others and status.
3. Social Needs - acceptance and friendship.
4. Safety - job security and health.
5. Physical needs - food, shelter.
Motivating Factors - ANSWER>>Aspects of the job that can lead to positive job
satisfaction such as achievement, recognition, meaningful and
interesting work and advancement in career.
Hygiene Factors - ANSWER>>Can cause dissatisfaction such as pay, working
conditions and status.
, Job Enrichment - ANSWER>>Giving workers the opportunity to do more
challenging and fulfilling work.
Time Based - ANSWER>>Paid per hour.
Piece Rate - ANSWER>>Paid per unit or piece made.
Salary - ANSWER>>Income paid the same, $40,000 a year, doesn't matter how
many hours one works. Same pay is given.
Commission - ANSWER>>Sales only. If you don't sell anything you make $0.
Bonus - ANSWER>>Money in addition to a wage.
Job Rotation - ANSWER>>Employees can rotate from one job position to the next,
don't
get bored and are more highly trained.
Human Resource Management - ANSWER>>The effective management of a
company's
workers so that the business can gain a competitive edge or advantage.
HRM - Focus - ANSWER>>1 . Workforce Planning
2. Recruitment
3. Developing training Employees
4. Employment Contracts
5. Involving all Managers in all areas of the business
6. Employee morale and welfare
7. Incentive systems - pay, health insurance
8. Monitoring employee progress
Employment Contract - ANSWER>>Legal document that sets out the terms and
conditions of the job. Examples: hours, pay.
QUESTIONS AND CORRECT ANSWERS
[DETAILED ANSWERS] 2024 UPDATED
VERSION CERTIFIED 100% GRADED A+
Motivation - ANSWER>>Internal and external factors that stimulate people to
take
actions that lead to achieving a goal.
Taylor - ANSWER>>Theory of the Economic Man - Money is what motivates
people. You
get paid for what you produce.
Mayo - Hawthorne Effect - ANSWER>>Working conditions and money did not
motivate employees.
Maslow - Pyramid and Hierarchy - ANSWER>>1. Self actualization - reaching one's
goals.
2. Esteem Needs - respect from others and status.
3. Social Needs - acceptance and friendship.
4. Safety - job security and health.
5. Physical needs - food, shelter.
Motivating Factors - ANSWER>>Aspects of the job that can lead to positive job
satisfaction such as achievement, recognition, meaningful and
interesting work and advancement in career.
Hygiene Factors - ANSWER>>Can cause dissatisfaction such as pay, working
conditions and status.
, Job Enrichment - ANSWER>>Giving workers the opportunity to do more
challenging and fulfilling work.
Time Based - ANSWER>>Paid per hour.
Piece Rate - ANSWER>>Paid per unit or piece made.
Salary - ANSWER>>Income paid the same, $40,000 a year, doesn't matter how
many hours one works. Same pay is given.
Commission - ANSWER>>Sales only. If you don't sell anything you make $0.
Bonus - ANSWER>>Money in addition to a wage.
Job Rotation - ANSWER>>Employees can rotate from one job position to the next,
don't
get bored and are more highly trained.
Human Resource Management - ANSWER>>The effective management of a
company's
workers so that the business can gain a competitive edge or advantage.
HRM - Focus - ANSWER>>1 . Workforce Planning
2. Recruitment
3. Developing training Employees
4. Employment Contracts
5. Involving all Managers in all areas of the business
6. Employee morale and welfare
7. Incentive systems - pay, health insurance
8. Monitoring employee progress
Employment Contract - ANSWER>>Legal document that sets out the terms and
conditions of the job. Examples: hours, pay.
