HR Competencies Domain Flashcards
Ratio Analysis
Comparing the sizes of two variables to produce an index or percentage; commonly used to analyze financial statements.
Online Analytical Processing (OLAP)
Processing applications that store data in a multidimensional “cube,” which enables users to analyze data quickly in a variety of different ways.
Due Process
Concept that laws are enforced only through accepted, codified procedures.
Liabilities
Organization’s debts and other financial obligations.
Framing
Process of constructing a message so that an audience sees communicated facts in a certain way and is persuaded to take a certain action.
Noise
In communication, any factor that can disrupt the sending and receipt of a message—for example, physical factors such as loud environments, cultural factors such as a distinctive accent, or cognitive factors such as the use of unfamiliar jargon.
Jurisdiction
Right of a legal body to exert authority over a given geographical territory, subject matter, or persons or institutions.
Extraterritoriality
Extension of the power of a country’s laws over its citizens outside that country’s sovereign national boundaries.
Business Case
Presentation to management that establishes that a specific problem exists and argues for a proposed solution.
Civil Law
Legal system based on written codes (laws, rules, or regulations).
Social Intelligence
Ability to create connections or rapport with others.
Principled Negotiation
Process in which negotiators aim for mutual gain, emphasizing the need to focus on the problem instead of personal differences and on mutually beneficial outcomes.
Gross Profit Margin
Ratio of gross profit to net sales.
Cultural Intelligence
Capacity to recognize, interpret, and behaviorally adapt to multicultural situations and contexts.
Global Mindset
Ability to take an international perspective, inclusive of other cultures’ views.
Confidentiality
Treatment of personal information that has been disclosed to another person or organization.
Culture
Basic beliefs, attitudes, values, behaviors, and customs shared and followed by members of a group, which give rise to the group’s sense of identity.
Focus Group
Small group of invited persons (typically six to twelve) who actively participate in a structured discussion, led by a facilitator, for the purpose of eliciting their input.
Emotional Intelligence (EI)
Ability to be sensitive to and understand one’s own and others’ emotions and impulses.
Accounts Payable
Money an organization owes its vendors and suppliers.
Mode
Value that occurs most frequently in a set of data.
Business Intelligence
Ability to use information to gain a deeper understanding of an organization and make sound business decisions.
Trend Analysis
Statistical method that examines data from different points in time to determine if a variance is an isolated event or if it is part of a longer trend.
Code of Conduct
Principles that guide decision making and behavior in an organization.
Balance Sheet
Statement of an organization’s financial position at a specific point in time, showing assets, liabilities, and shareholder equity.
Cash Flow Statement
Statement of an organization’s ability to meet its current and short-term obligations, showing incoming and outgoing cash and cash reserves in operations, investments, and financing.