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Business Studies
IB

What is Maslow's Hierarchy of Needs and how is it relevant to managers?

Maslow's hierarchy of needs is a motivational theory where the needs of the individual are illustrated as layers of a triangle. It is based on the assumption that an individual works from the bottom up: i...

Answered by Bronte C. Business Studies tutor
1666 Views

Why might a private limited company want to expand to become a public limited company? What are the advantages and drawbacks to doing so?

There are various reasons why a private company might want to become a public limited company, but the most common reason is to raise money in the public market by issuing shares. Investors who are eligib...

Answered by Marco C. Business Studies tutor
29729 Views

In the context of company X(supermarket), distinguish between Just-In-Time (JIT) and Just-In-Case (JIC)

Command term: "Distinguish" = AO2—Demonstrate application and analysis

3 Steps to the answer

1)Define: What is JIT and JIC?

2)Apply: Apply to the case study: Has company X c...

Answered by Roshni H. Business Studies tutor
2016 Views

(based on a case study) Should Shane outsource his employee training programme

Outsourcing is when a business subcontracts a process to another organisation. Turners, a famous hotel has found increasing difficulty keeping up with competitors and as such is considering whether outsou...

Answered by Emma W. Business Studies tutor
1826 Views

Name the four main leadership styles, and give a brief description of each.

The 4 main leaderships styles include; autocratic, bureaucratic, democratic, and laissez-faire.

The autocratic leadership style may be seen as the more classical approach, wherein the manager retai...

Answered by Oliver M. Business Studies tutor
2045 Views

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