Deck 2

Question 1

Succession Planning

Answer 1

the process for identifying and developing new leaders who can replace old leaders when they retire or die

Question 2

scatter plot

Answer 2

a graph in which the values of two variables are plotted along two axes, with the pattern of the resulting points revealing any correlation present

Question 3

Initiative

Answer 3

a new plan for dealing with a particular problem or for achieving a particular purpose

Question 4

institutionalize

Answer 4

to send somebody who is not capable of living independently to live in a special building especially when it it for a long period of time

Question 5

Metrics

Answer 5

a set of statistics used for measuring something, especially results that show how well a business, school, computer program, etc. is doing

Question 6

centralize

Answer 6

centralize something to give the control of a country or an organization to a group of people in one particular place

Question 7

Foreknowledge

Answer 7

knowledge of something before it happens

Question 8

discontent

Answer 8

a feeling of being unhappy because you are not satisfied with a particular situation; something that makes you have this feeling

Question 9

inbreeding

Answer 9

breeding between closely related people or animals

Question 10

The status quo

Answer 10

the situation as it is now, or as it was before a recent change

Question 11

referrals

Answer 11

the act of sending somebody who needs professional help to a person or place that can provide it

Question 12

alternative staffing

Answer 12

workings employed by the company, but on an explicit short-term basis *Contract technical employees supplied for long term projects under contract from outside technical service firms

Question 13

on-demand recruiting services

Answer 13

provide short-term specialized recruiting to support specific projects without the expense of retaining traditional search firms

Question 14

explicit

Answer 14

clear and easy to understand

Question 15

benefits of temps

Answer 15

-increased productivity (paid only when working)
-allows “trial run” for prospective employees
-no recruitment, screening, and payroll administration costs

Question 16

temp

Answer 16

a temporary employee in an office

Question 17

prospective

Answer 17

expected to do something or to become something

Question 18

costs of temps

Answer 18

increased labor costs due to feed paid to temp agencies
temp employees’ lack of commitment to the firm

Question 19

invoicing

Answer 19

make sure the agency’s invoice fits your firm’s needs

Question 20

time sheets

Answer 20

the time sheet is a verification of hours worked and an agreement to pay the agency’s fees

Question 21

Temp to perm policy

Answer 21

policy if you want to hire a temp as a permanent employee

Question 22

recruitment of and benefits for temp employees

Answer 22

the agency plan to recruit and what sorts of benefits it will pay

Question 23

dress code

Answer 23

specify the attire at each of your offices or plants