VCE Business Management Question Thread!

[Frozone]

What are the similarities and differences between the theories?

[Kayte]

Could someone explain to me the similarities and differences between central and decentralised?
thanks

[hs97]

Could someone explain to me the similarities and differences between central and decentralised?
thanks

Differences: centralised has industry-wide awards, whereas, in decentralised collective agreements set standards at the enterprise level
Decentralised - employers have more power, Centralised - employers do not have as much power


Similarities: Both have undermining minimum standards and remuneration which must be fulfilled
in both situations industrial disputes can occur & unions are involved


All i can think of on the spot, as i dont have my notes with me. Hope it helps!

[megannn]

Could someone explain to me the similarities and differences between central and decentralised?
thanks

Similarities
- Applies to australian workers
- Final document must be approval by FWA
- final document is legally binding to both parties

Differences
- type of agreement used ( centralied - awards   decentralised -collective agreement)
- degree of flexibility ( centralised - less, decentralised - more)
- involved ( centralised - AIRC, unions  decentralied - only employer and employee or unions.)

hope that helps if im wrong, please correct me 

[Damoz.G]

Similarities
- Applies to australian workers
- Final document must be approval by FWA
- final document is legally binding to both parties

Differences
- type of agreement used ( centralied - awards   decentralised -collective agreement)
- degree of flexibility ( centralised - less, decentralised - more)
- involved ( centralised - AIRC, unions  decentralied - only employer and employee or unions.)

hope that helps if im wrong, please correct me

Is the final document approved by FWA for a decentralised system as well? 

I didn't know that...=/

[jessicagianelly]

Could someone please explain the management structures to me? (functional, divisional and matrix) Just what they are and what they are used for. Thankyou 

[megannn]

Is the final document approved by FWA for a decentralised system as well? 

I didn't know that...=/

yeah, thats what i was taught
because FWA acts as a central body (took over AIRC) so they have to ensure the enterprise agreements comply with awards.
If they aren't approved then all workplace can just set any agreement and no one would know if the agreement comply with awards so slave labour and all that would happen.
does that make sense?  

[tcstudent]

DAMOZ,

Q13) sample question 10 marks man, please help

Mario is the CEO of a large software design business, he is concerned about declining productivity grow rates and high staff turnover resulting from a large number of staff who are disillusioned and suffering low morale

Discuss how mario could address these problems through the use of

-motivation theroies
-performance management
-technology in operations management.

[EspoirTron]

yeah, thats what i was taught
because FWA acts as a central body (took over AIRC) so they have to ensure the enterprise agreements comply with awards.
If they aren't approved then all workplace can just set any agreement and no one would know if the agreement comply with awards so slave labour and all that would happen.
does that make sense?  

Yes, that is completely right! They also act as a body to resolve dispute as long as it within the employment contract.

[Damoz.G]

DAMOZ,

Q13) sample question 10 marks man, please help

Mario is the CEO of a large software design business, he is concerned about declining productivity grow rates and high staff turnover resulting from a large number of staff who are disillusioned and suffering low morale

Discuss how mario could address these problems through the use of

-motivation theroies
-performance management
-technology in operations management.

Okay, I'll give you some points to elaborate on and combine into a flowing response.

Motivation theories:
* Locke's theory is unlikely to resolve the issue because setting goals isn't the problem.
* However, Maslow and Herzberg's theories will help because the employees are likely to be on the safety level and cannot move up the hierarchy to esteem needs.
* Employees should be provided with promotions and bonuses for their hard work.

Link these two theories to Performance Management.

Performance Management:
* Mario should investigate why productivity is reduced, and why employees are disillusioned and have low morale.
* He should discuss with them a performance management system, where good work is recognised and rewarded. This in turn, will increase productivity because the employee is more likely to feel secure in their job and increase their confidence. When they do feel more confident, they should be given more challenging work, which would allow them to move up Maslow's hierarchy.

Technology:
* With staff leaving the organisation, if the attempts made to keep the remaining employees at the organisation, then there should be an increase on technology within the organisation.
* Technology would increase productivity and also ensure that the quality of the outputs (goods and services) are of a high and consistent standard.
* Increased technology means that less employees are necessary. So costs for finding new employees is reduced with better technology that doesn't need employees overlooking the production system.

There's some points to use. Have a read and then combine it into one response.

Good Luck!

[tcstudent]

Okay, I'll give you some points to elaborate on and combine into a flowing response.

Motivation theories:
* Locke's theory is unlikely to resolve the issue because setting goals isn't the problem.
* However, Maslow and Herzberg's theories will help because the employees are likely to be on the safety level and cannot move up the hierarchy to esteem needs.
* Employees should be provided with promotions and bonuses for their hard work.

Link these two theories to Performance Management.

Performance Management:
* Mario should investigate why productivity is reduced, and why employees are disillusioned and have low morale.
* He should discuss with them a performance management system, where good work is recognised and rewarded. This in turn, will increase productivity because the employee is more likely to feel secure in their job and increase their confidence. When they do feel more confident, they should be given more challenging work, which would allow them to move up Maslow's hierarchy.

Technology:
* With staff leaving the organisation, if the attempts made to keep the remaining employees at the organisation, then there should be an increase on technology within the organisation.
* Technology would increase productivity and also ensure that the quality of the outputs (goods and services) are of a high and consistent standard.
* Increased technology means that less employees are necessary. So costs for finding new employees is reduced with better technology that doesn't need employees overlooking the production system.

There's some points to use. Have a read and then combine it into one response.

Good Luck!

cheers man, good luck with the exam on thursday, will it be your last exam?

[Damoz.G]

cheers man, good luck with the exam on thursday, will it be your last exam?

No problem!

You too, all the best with the Exam! Yup, BM is my last exam - So excited!

[Frozone]

Do we have to know about conflict?

[Damoz.G]

Do we have to know about conflict?

Ermm...I'm pretty sure its just about working conditions and wages.

[Frozone]

Ermm...I'm pretty sure its just about working conditions and wages.

I'm talking about picketing and work bans Etc.
And how much do have to know about fair work Australia?