Lecture 1 Flashcards

1
Q

What does a mission statement mean?

A

The mission statement defines the core purpose of the organization.
* Example: To provide high-quality, innovative tech solutions that enhance the everyday lives of our customers.

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2
Q

What does vision mean

A

Definition: The vision statement describes what the organization aspires to become in the future.
* Example: To be the world’s leading provider of cutting-edge technology solutions, shaping the future of
innovation and connectivity

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3
Q

what does values mean?

A

Definition: Values are the core principles and standards that guide the behavior, decisions, and actions of the organization and its employees.
Examples:
* Integrity: We uphold honesty and transparency in all our dealings.
* Innovation: We encourage creativity and embrace new ideas.
* Customer Focus: We are dedicated to understanding and meeting the needs of our customers.

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4
Q

What does efficient mean?

A

Definition: In HR, efficiency refers to how well resources (time, money, personnel) are utilized to achieve HR goals.

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5
Q

What does effective mean?

A

Definition: Effectiveness in HR is about achieving desired outcomes and goals.

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