1 Flashcards

1
Q

Productivity

A

A measure of how much value individual employees add to the goods or services that the organization produces

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2
Q

Ability

A

Competence in performing a job

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3
Q

Empowerment

A

Providing workers with the skills & authority to make decisions that would traditionally be made by managers

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4
Q

Brain drain

A

The loss of high-talent key personnel to competitors or start up ventures

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5
Q

Strategic human resources

A

Process of formulating HR strategies and establishing programs or tactics to implement them

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6
Q

Outsourcing

A

Subcontracting work to an outside company that specializes in and is more efficient at doing that kind of work

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