Chapter 8 Flashcards

to increase comprehension of business vocabulary to increase student achievement and success

1
Q

ends the employment relationship between a company and an employee

A

termination

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2
Q

removes work from one company and sends it to another company that can complete it at a lower cost

A

outsourcing

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3
Q

amount of money paid to an employee for work performed

A

compensation

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4
Q

environment in which people work, made up of the atmosphere, behaviors, beliefs and relationships

A

organizational culture

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5
Q

compensation in forms other than direct forms of payment for work

A

benefit

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6
Q

the assignment of an employee to another job in the company with similar level of responsibility

A

transfer

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7
Q

the comprehensive inclusion of people with differences in personal characteristics and attributes

A

diversity

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8
Q

an organized group of employees who negotiate with employers about issues, such as wages and working conditions

A

labor union

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9
Q

all the people age 16 and older who are employed or who are looking for a job

A

workforce

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10
Q

physical conditions and psychological atmosphere in which employees work

A

work environment

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11
Q

the advancement of an employee to a position of greater responsibility

A

promotion

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12
Q

connect the amount of compensation to the quality or quantity of an employee’s performance

A

incentive systems

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13
Q

direct payment to an employee for work completed

A

salary and wages

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14
Q

a planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficienct

A

downsizing

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15
Q

a study of a job to identify in detail the specific job duties and skill requirements

A

job analysis

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16
Q

an artificial limit placed on minority groups moving into positions of authority and decision-making

A

glass ceiling