Question Tag: Employee Motivation

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PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis

Analyze Tadefo Limited's activity-based costing, discuss budgeting weaknesses, and describe the advantages of ABB and ZBB.

Question

TADEFO LIMITED is a manufacturing company which produces and assembles car components. The company has two main production departments: Machining and Assembling. Each of the two departmental managers is responsible for producing annual budgets based on targets set by the management. From last year’s budget, TADEFO Limited hoped to turn an expected 10 percent rise in total revenue into a 20 percent increase in the company’s profits.

The following budgeted information relates to TADEFO Limited for the forthcoming period:

Products Information:

Products	ACQ	BEZ	CFJ
Sales and production (units)	30,000	50,000	40,000
Selling price (per unit) (N)	73	45	95
Prime cost (per unit) (N)	65	32	84
Machine Dept. (hrs per unit)	4	2	5
Assembly Dept. (hrs per unit)	2	7	3

Overheads Re-Analyzed into Cost Pools:

Cost Pool	Amount (N’000)	Cost Driver	Quantity for the period
Machine services	359	Machine hours	425,000
Assembly services	328	Direct labour hours	532,000
Set-up costs	36	Set-ups	720
Order processing	165	Customer orders	34,000
Purchasing	88	Supplier’s orders	12,400
Total Overheads	976

You have also been provided with the following estimates for the period:

	ACQ	BEZ	CFJ
Number of set-ups	220	130	210
Customer orders	18,000	10,000	10,000
Suppliers’ orders	5,200	3,600	4,200

Required: a. Prepare and present a profit statement using activity-based costing. (14 Marks)
b. What would you consider to be the weaknesses of an incremental budgeting system for a company such as TADEFO Limited? (5 Marks)
c. Describe Activity-Based Budgeting (ABB) and comment on the advantages of its use by TADEFO Limited. (5 Marks)
d. Explain how the use of Zero-Based Budgeting (ZBB) can motivate employees. (3 Marks)
e. “Encouraging employee participation in budget setting is beneficial” Discuss. (3 Marks)

Answer

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Tags: ABB, Activity-Based Costing, Budget Weakness, Cost Allocation, Employee Motivation, ZBB
Level: Level 2

Topic: Cost-Volume-Profit (CVP) Analysis
Series: MAY 2015

MI – Nov 2020 – L1 – SA – Q10 – Decision-Making Techniques

Identify a disadvantage of a group incentive scheme.

Question

Group incentive schemes are common and frequently successful. Which of the following is NOT an advantage of a group incentive scheme?

A. May engender closer cooperation in the group and a team spirit

B. Increase total production output with the same number of employees

C. Support workers not directly associated with production can be included

D. May encourage more flexible working arrangements within the group

E. Less hardworking members of a group receive the same bonus

Answer

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Tags: Employee Motivation, Group Incentive Schemes, Teamwork
Level: Level 1

Topic: Decision-making techniques
Series: NOV 2020

BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour

Explains McGregor's Theory X and Theory Y, and conditions in which Theory Y is applicable.

Question

Scholars have come up with different approaches to management. One of them is Douglas McGregor who propounded the Theory X and Theory Y approaches to managing people.

a. Explain McGregor’s Theory X and Theory Y. (16 Marks)

b. List FOUR conditions in which Theory Y is applicable. (4 Marks)

Answer

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Tags: Employee Motivation, Leadership Styles, Management Theories, Organizational Behavior
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: MAY 2017

MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

Question

a) Explain what is meant by basic standards and ideal standards and their effect on employee motivation.
(5 marks)

Answer

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Tags: Basic Standards, Employee Motivation, Ideal Standards, Standards

Topic: Standard Costing, Variance Analysis
Series: NOV 2019

BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions

Explains the concepts of job enlargement, job enrichment

Question

b) Design of workplaces aims to improve work organization and improve competencies of employees. Two main approaches in the design of workplaces are specialization and alternative methods. The most popular alternative methods are job enrichment and job enlargement. The effective and efficient design of workplaces must be compatible with the organizational structure of the company and its specificity, management methods, and defined objectives.

Required:
i) Explain job enlargement.
(3 marks)
ii) Explain job enrichment.
(3 marks)

Answer

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Tags: Employee Motivation, Job Design, Job Enlargement, Job Enrichment, Job Rotation
Level: Level 1

Topic: HR - Other Human Resources functions
Series: MAR 2023

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

Question

b) Both Peters & Waterman and Deal & Kennedy argued that cultural strength is a powerful factor in shaping the behavior and success of organisations. A ‘strong’ culture is one in which key values are widely shared and intensely held by employees.

Required:
i) State FIVE advantages that a strong culture will bring to an organisation. (5 marks)
ii) State FIVE disadvantages that can exist in an organisation due to the practice of a strong culture. (5 marks)

Answer

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Tags: Business Success, Employee Motivation, Organizational Challenges, Organizational Culture
Level: Level 1

Topic: Organisation culture in business
Series: MAY 2017

BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation

Discuss the benefits of consultative leadership and explain how Maslow’s hierarchy of needs can be applied to motivate employees.

Question

Seagull Ltd supplies mining equipment and devices to mining companies in Ghana. The company intends to achieve its objective of being the market leader in the industry by 2025. The company’s strategy of achieving this objective is based on motivating its employees with adherence to Maslow’s hierarchy of needs and implementing a consultative leadership approach.

Required:
a) Explain FIVE (5) benefits the consultative leadership approach will contribute to the achievement of the company’s objectives. (10 marks)
b) Explain how the management of the company would apply Maslow’s theory to motivate the employees. Your explanation should include TWO (2) strategies at each level of the hierarchy. (10 marks)

Answer

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Tags: Consultative Leadership, Employee Motivation, Leadership, Maslow’s Hierarchy, Organizational Objectives
Level: Level 1

Topic: Management and leadership, Motivation
Series: APR 2022

BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership

Explain five benefits of a well-motivated workforce and identify two basic schools of thought in leadership.

Question

The board members of Bliss Ltd, at a meeting held last week, were shocked to hear the Director of Finance comment that she did not understand why management continuously spends thousands of Ghana cedis in organizing monthly staff retreats with its attendant loss of man hours, all in the name of what they call “worker motivation.”

As a Management Professional on the board, you have decided to educate the Director of Finance and other like-minded Managers of the company on the need to have a motivated group of employees.

Required:
a) Explain to the Director of Finance FIVE (5) benefits of a well-motivated workforce to a business organization. (15 marks)
b) Identify and explain TWO (2) basic schools of thought in Leadership. (5 marks)

Answer

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Tags: Employee Motivation, Leadership Theories, Productivity, Staff Turnover, Trait Theory
Level: Level 1

Topic: Management and leadership, Motivation
Series: MAY 2021

IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis

Factors for deciding time-based reward systems, measures to ensure task completion, challenges in implementing group bonus schemes, and uses of standard costing.

Question

a) Most organisations use time as a basis to reward their employees, hence they pay their staff on a time basis using clock-in devices. Employers are therefore likely to pay for attendance instead of tasks performed. Accountants believe that employees should be rewarded based on tasks, however, not all tasks can easily be rewarded on a time basis.

Required:
i) State THREE (3) factors that should be considered when deciding to use a time-based reward system. (6 marks)
ii) State THREE (3) measures that can be put in place to ensure that employees do not only report for work but execute their tasks as required. (6 marks)

b) State THREE (3) challenges management may face in implementing group bonus schemes. (3 marks)

c) Standard costing among other advantages is used for performance measurement and control reporting.

Required:
Explain how the above uses of standard costing are measured. (5 marks)

Answer

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Tags: Control Reporting, Employee Motivation, Performance Measurement, Time-Based Reward System
Level: Level 1

Topic: Standard Costing and Variance Analysis
Series: APR 2022

PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis

Analyze Tadefo Limited's activity-based costing, discuss budgeting weaknesses, and describe the advantages of ABB and ZBB.

Question

The following budgeted information relates to TADEFO Limited for the forthcoming period:

Products Information:

Products	ACQ	BEZ	CFJ
Sales and production (units)	30,000	50,000	40,000
Selling price (per unit) (N)	73	45	95
Prime cost (per unit) (N)	65	32	84
Machine Dept. (hrs per unit)	4	2	5
Assembly Dept. (hrs per unit)	2	7	3

Overheads Re-Analyzed into Cost Pools:

Cost Pool	Amount (N’000)	Cost Driver	Quantity for the period
Machine services	359	Machine hours	425,000
Assembly services	328	Direct labour hours	532,000
Set-up costs	36	Set-ups	720
Order processing	165	Customer orders	34,000
Purchasing	88	Supplier’s orders	12,400
Total Overheads	976

You have also been provided with the following estimates for the period:

	ACQ	BEZ	CFJ
Number of set-ups	220	130	210
Customer orders	18,000	10,000	10,000
Suppliers’ orders	5,200	3,600	4,200

Answer

Find Related Questions by Tags, levels, etc.

Tags: ABB, Activity-Based Costing, Budget Weakness, Cost Allocation, Employee Motivation, ZBB
Level: Level 2

Topic: Cost-Volume-Profit (CVP) Analysis
Series: MAY 2015

MI – Nov 2020 – L1 – SA – Q10 – Decision-Making Techniques

Identify a disadvantage of a group incentive scheme.

Question

Group incentive schemes are common and frequently successful. Which of the following is NOT an advantage of a group incentive scheme?

A. May engender closer cooperation in the group and a team spirit

B. Increase total production output with the same number of employees

C. Support workers not directly associated with production can be included

D. May encourage more flexible working arrangements within the group

E. Less hardworking members of a group receive the same bonus

Answer

Find Related Questions by Tags, levels, etc.

Tags: Employee Motivation, Group Incentive Schemes, Teamwork
Level: Level 1

Topic: Decision-making techniques
Series: NOV 2020

BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour

Explains McGregor's Theory X and Theory Y, and conditions in which Theory Y is applicable.

Question

Scholars have come up with different approaches to management. One of them is Douglas McGregor who propounded the Theory X and Theory Y approaches to managing people.

a. Explain McGregor’s Theory X and Theory Y. (16 Marks)

b. List FOUR conditions in which Theory Y is applicable. (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Employee Motivation, Leadership Styles, Management Theories, Organizational Behavior
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: MAY 2017

MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

Question

a) Explain what is meant by basic standards and ideal standards and their effect on employee motivation.
(5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Basic Standards, Employee Motivation, Ideal Standards, Standards

Topic: Standard Costing, Variance Analysis
Series: NOV 2019

BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions

Explains the concepts of job enlargement, job enrichment

Question

Required:
i) Explain job enlargement.
(3 marks)
ii) Explain job enrichment.
(3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Employee Motivation, Job Design, Job Enlargement, Job Enrichment, Job Rotation
Level: Level 1

Topic: HR - Other Human Resources functions
Series: MAR 2023

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Success, Employee Motivation, Organizational Challenges, Organizational Culture
Level: Level 1

Topic: Organisation culture in business
Series: MAY 2017

BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation

Discuss the benefits of consultative leadership and explain how Maslow’s hierarchy of needs can be applied to motivate employees.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Consultative Leadership, Employee Motivation, Leadership, Maslow’s Hierarchy, Organizational Objectives
Level: Level 1

Topic: Management and leadership, Motivation
Series: APR 2022

BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership

Explain five benefits of a well-motivated workforce and identify two basic schools of thought in leadership.

Question

As a Management Professional on the board, you have decided to educate the Director of Finance and other like-minded Managers of the company on the need to have a motivated group of employees.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Employee Motivation, Leadership Theories, Productivity, Staff Turnover, Trait Theory
Level: Level 1

Topic: Management and leadership, Motivation
Series: MAY 2021

IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis

Factors for deciding time-based reward systems, measures to ensure task completion, challenges in implementing group bonus schemes, and uses of standard costing.

Question

b) State THREE (3) challenges management may face in implementing group bonus schemes. (3 marks)

c) Standard costing among other advantages is used for performance measurement and control reporting.

Required:
Explain how the above uses of standard costing are measured. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Control Reporting, Employee Motivation, Performance Measurement, Time-Based Reward System
Level: Level 1

Topic: Standard Costing and Variance Analysis
Series: APR 2022

Question Tag: Employee Motivation

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PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis

Analyze Tadefo Limited's activity-based costing, discuss budgeting weaknesses, and describe the advantages of ABB and ZBB.

You're reporting an error for "PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis"

MI – Nov 2020 – L1 – SA – Q10 – Decision-Making Techniques

Identify a disadvantage of a group incentive scheme.

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BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour

Explains McGregor's Theory X and Theory Y, and conditions in which Theory Y is applicable.

You're reporting an error for "BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour"

MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

You're reporting an error for "MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis"

BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions

Explains the concepts of job enlargement, job enrichment

You're reporting an error for "BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions"

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

You're reporting an error for "BMIS – May 2017 – L1 – Q3b – Organisation culture in business"

BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation

Discuss the benefits of consultative leadership and explain how Maslow’s hierarchy of needs can be applied to motivate employees.

You're reporting an error for "BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation"

BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership

Explain five benefits of a well-motivated workforce and identify two basic schools of thought in leadership.

You're reporting an error for "BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership"

IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis

Factors for deciding time-based reward systems, measures to ensure task completion, challenges in implementing group bonus schemes, and uses of standard costing.

You're reporting an error for "IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis"

PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis

Analyze Tadefo Limited's activity-based costing, discuss budgeting weaknesses, and describe the advantages of ABB and ZBB.

You're reporting an error for "PM – May 2015 – L2 – SA – Q1 – Cost-Volume-Profit (CVP) Analysis"

MI – Nov 2020 – L1 – SA – Q10 – Decision-Making Techniques

Identify a disadvantage of a group incentive scheme.

You're reporting an error for "MI – Nov 2020 – L1 – SA – Q10 – Decision-Making Techniques"

BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour

Explains McGregor's Theory X and Theory Y, and conditions in which Theory Y is applicable.

You're reporting an error for "BMF – May 2017 – L1 – SB – Q4 – Management, Individual, and Organizational Behaviour"

MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis

Explain basic and ideal standards, and discuss their effects on employee motivation.

You're reporting an error for "MA – Nov 2019 – L2 – Q3a – Standard costing and variance analysis"

BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions

Explains the concepts of job enlargement, job enrichment

You're reporting an error for "BMIS – Mar 2023 – L1 – Q4b – HR – Other human resources functions"

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

You're reporting an error for "BMIS – May 2017 – L1 – Q3b – Organisation culture in business"

BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation

Discuss the benefits of consultative leadership and explain how Maslow’s hierarchy of needs can be applied to motivate employees.

You're reporting an error for "BMIS – April 2022 – L1 – Q4 – Management and leadership | Motivation"

BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership

Explain five benefits of a well-motivated workforce and identify two basic schools of thought in leadership.

You're reporting an error for "BMIS – May 2021 – L1 – Q5 – Motivation | Management and leadership"

IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis

Factors for deciding time-based reward systems, measures to ensure task completion, challenges in implementing group bonus schemes, and uses of standard costing.

You're reporting an error for "IMAC – APRIL 2022 – L1 – Q4 – Standard Costing and Variance Analysis"

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