365 U7 Flashcards

1
Q

What’s absenteeism

A

Occurs when an employee is not present at their work place

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2
Q

What are core competencies

A

Unique abilities that a business possesses that provide it with a competitive advantage

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3
Q

Research and development definition

A

The generation and application of scientific knowledge

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4
Q

Profit quality

A

Measures the extent at which a particular type of profit is sustainable

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5
Q

What’s the balances scorecard

A

A planning and management strategy designed to match business activities to the aspirations set out in the Vision statement

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6
Q

4 balanced score card things

A

Financial performance
Customer value performance
Internal business process performance
Learning and growth performance

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