Evaluate the extent to which a flexible workforce may help Toyota achieve itsvision.Indicative content3 Indicative content guidanceQuantitative skills assessed:QS9: Interpret, apply and analyse information in written, graphical andnumerical formsAnswers must be credited by using the level descriptors (below) in line with thegeneral marking guidance. The indicative content below exemplifies some ofthe points that candidates may make but this does not imply that any of thesemust be included. Other relevant points must also be creditedKnowledge, Application, Analysis, Evaluation – indicative content• Flexible working relates to a variety of working arrangements interms of working hours, working locations and job variety• Employees working from home can reduce costs for Toyota as it cansave on the cost of office overheads which helps it remaincompetitive in the motor industry. In addition, the employees maybe more productive if they do not have to spend long periods oftime travelling to and from work• Offering part-time hours may attract employees who have familiesand other commitments which may result in higher employeemorale and increased productivity for Toyota• Allowing the employees to choose working hours is aimed atbalancing personal needs and job requirements. This may helpToyota to retain its best employees which may reduce recruitmentcosts for Toyota• Offering part-time hours contracts allows Toyota to keep employeecosts low as it does not have to pay full-time wages to theseemployees. Lower costs will contribute to Toyota’s competitivenessin the market• University graduates are trained to be multi skilled, rotatingbetween sales, marketing, product marketing, and social mediadepartments. This will give the business the flexibility of transferringemployees to areas of high demand in the business• However, it is likely that in the 52 manufacturing businesses aroundthe world certain flexible working arrangements may be difficult toachieve. Factory employees will generally need to work specifichours to meet production requirements• Home working could result in lower productivity if staff abuse thetrust and freedom given to them. This may increase unit costs forwww.dynamicpapers.comToyota and make it more difficult to maintain its position in themotor industry• There may be additional administrative work involved in setting upand running flexible working arrangements• Overall, it depends if the business is able to manage the flexibilityand fulfil its business needs. Flexible working may be moreappropriate for employees working in offices rather than thoseworking in car factories

Indicative content guidanceAnswers must be credited by using the level descriptors (below) in line withthe general marking guidance. The indicative content below exemplifies someof the points that candidates may make but this does not imply that any ofthese must be included. Other relevant points must also be credited.Quantitative skills assessed:QS9: Interpret, apply and analyse information in written, graphical andnumerical formsKnowledge, Application, Analysis, Evaluation – indicative content• Market share is the percentage of an industry/market's total salesearned by a particular company over a specified time period• Increasing global market share from 6% is important to Realmebecause it is a measure of the consumers' preference over otherbrands such as Apple and Samsung. Increased market share is likelyto mean more sales/profit for Realme• Realme’s market share is an indicator of how well it is performing inrelation to its competitors. An increase in its share will attract newcustomers who may become loyal to its business• Higher market share may give Realme a competitive advantage.Companies with higher market share have increased buying powerand may benefit from economies of scale which may allow them topossibly reduce its prices/or increase profitability• However, it may be very difficult and unrealistic to take market sharefrom leaders such as Apple and Samsung who have been establishedin the market for many years, unlike Realme that was only foundedin 2018• Realme may have to spend considerably more than establishedbrands in order to compete for market share. This could increase itscosts and reduce its profitability• Other objectives may be more important to Realme such as profitmaximisation or the innovation of its phones• It depends on the growth of the global smartphone market as towhether Realme should pursue this objective

Flexible work is particularly beneficial for the most valuable employees in an organisationSelect one:OTrueOFalse

__________ involves the process of making a job more motivating by increasing responsibility.Select one:a.Job flexibilityb.Job enrichmentc.Job characteristics methodd.Job rotatione.Job enlargement

______________ involves the process of making a job more motivating by increasing responsibility.Select one:a.Job flexibilityb.Job enrichmentc.Job characteristics methodd.Job enlargemente.Job rotation

What best defines the capability of an international employee to substitute sources of reinforcement when necessary and deal with alienation and isolation?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aperceptual competenciesbrelationship competenciescself-maintenance competenciesdleadership competencies