Definitions of Chapter 1 Flashcards

1
Q

Labor-Intensive

A

The situation in which people rather technology and equipment are used to provide products & services for an organizations’ consumers.

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2
Q

Revenue:

A

The amount of money generated from the sale of products & services to consumers of the hospitality operation.

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3
Q

Human Resources:

A

The people employed by a hospitality or tourism organization.

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4
Q

Human Resources Management:

A

Processes used by a hospitality or tourism organization to enhance its performance by effectively using all of its staff members.

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5
Q

Intrapreneur:

A

An employee of an organization whose compensation in whole or in part, its based on the financial performance of the part of the business for which the person is responsible.

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6
Q

Management Process:

A

The process of planning, organizing, staffing, supervising, controlling, and appraising organizational resources to attain goals.

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7
Q

Resources:

A

What an organization has to achieve goals. (examples: people, equipment, time etc..)

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8
Q

Managers:

A

Staff members in the organization who direct the work of supervisors.

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9
Q

Supervisors:

A

Staff members in the organization who direct the work of entry-level personnel.

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10
Q

Job Description:

A

A list of tasks that a person working within a specific position must perform.

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11
Q

Corporate Culture:

A

Shared beliefs, experiences, & norms; that influence how things are done within an organization.

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12
Q

Value-added:

A

The concepts that the benefits of money spent on something are worth more to an organization than the amount of money that is spent on its purchase.

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13
Q

HR Department:

A

The department within a large hospitality & tourism organization with the responsibility for recruiting, screening, & developing staff members.

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14
Q

Staff Specialists:

A

Persons with technical expertise in an area such as human resources that provide advice to, but do not make decisions for, managers in the organizations’ chain command.

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15
Q

Employee Turnover:

A

The preparation of total employees replaced during a specific time period.
(Annual turnover rate = employees leaving during a year / total number of employees)

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16
Q

Employee Union:

A

Organization of employees who act together to protect & promote their interests by collective bargaining with representatives of the hospitality & tourism organization.

17
Q

Policy:

A

Rules & regulations established by an organizational that specify how applicable staff members should act.

18
Q

Work Procedure:

A

A course of action or steps to be used to accomplish an objective; usually developed to describe how a work task should be accomplished.

19
Q

Empowerment:

A

Act of authorizing employees to make discretionary decisions within their areas of responsibility.

20
Q

Downsizing:

A

Activities implemented to eliminate jobs in order to generate greater efficiencies & cost savings.

21
Q

Diversity:

A

The broad range of human characteristics & dimensions that impact the employees’ values, opportunities, & perceptions of themselves and others at work.

22
Q

Executive Committee:

A

A group of comprising department heads who serve as the organization’s key management team & who, in this capacity, are responsible for the overall management of the organization.