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Roisin Murphy worked as a hairdresser in her home town for six years - Leaving Cert Business - Question 4 - 2010
Question 4
Roisin Murphy worked as a hairdresser in her home town for six years. She left her job as a result of poor employer-employee relationships in the workplace. She beli... show full transcript
Worked Solution & Example Answer:Roisin Murphy worked as a hairdresser in her home town for six years - Leaving Cert Business - Question 4 - 2010
Step 1
Explain the term autocratic (authoritarian) leader.
Answer
An autocratic leader is one who maintains absolute power over decision-making within an organization. This type of leader has very little trust or confidence in their staff. They often prefer to make decisions independently and dictate the course of action without seeking input or feedback from others. This leadership style can lead to a lack of motivation and cooperation among employees due to feelings of oppression and a lack of involvement in the decision-making process.
Step 2
Outline two effects that poor employer-employee relationships may have on a business.
Answer
- Employee dissatisfaction: Poor employer-employee relationships often lead to a work environment where employees feel undervalued and disengaged. This can result in lower morale and productivity.
- High turnover: When the employer-employee relationship deteriorates, employees are more likely to leave the organization, leading to high turnover rates and associated costs of hiring and training new staff.
Step 3
Outline three entering skills/characteristics displayed by Roisin.
Answer
- Innovative: Roisin has demonstrated innovation by starting her own hair salon, creating new services and offerings to attract clients.
- Flexible: Roisin is adaptable and responsive to customer needs and feedback, allowing her business to evolve and thrive in a competitive market.
- Communicative: She possesses excellent communication skills, regularly consulting with her staff to gather opinions and enhance business operations.
Step 4
Name two long-term sources of finance Roisin may have used to help start her business and explain one of them.
Answer
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Long-term loan: This is a common source of finance often used by entrepreneurs. Banks or financial institutions may provide loans that are to be repaid over an extended period, usually with interest. This allows Roisin to spread her repayments over a more manageable timeline, enabling her to maintain cash flow in the early stages of her business.
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Personal savings: Roisin may also use her own savings deposited in a bank account, which is often a crucial source of funding for startups.
Step 5
Explain McGregor’s Theory Y on Motivation, with reference to the above text.
Answer
McGregor's Theory Y posits that employees are self-motivated and thrive on responsibility. Employers who adopt this theory believe that people are not only capable of undertaking responsibility but also seek to do so. In reference to Roisin, she values her staff's opinions and trusts their abilities, which suggests she embraces Theory Y. This leadership style fosters a positive work environment where employees feel valued and motivated, enhancing productivity and job satisfaction.