Unit 1 Definitions Flashcards
Knowledge worker
- a person whose job involves handling or using information
- skills to fully use technology
Globalization
worldwide interdependence of resource flows, product markets and business competition that characterize the new economy
Prejudice
preconceived opinion that is not based on reason or actual experience, causes hurt
Glass Ceiling
discriminatory barriers that
prevent women/minorites from rising to positions of power or responsibility and advancing to higher positions within an organization due to their status as women/minorities
Ethics
Code of moral principles that set standards of conduct of
what is good and right.
Manager
- directly supports and helps activate the work efforts
and performance accomplishments of others. - the people who managers help are the ones whose tasks represent the real work of the organization.
Intellectual Capital
the collective brainpower or shared knowledge of a
workforce that can be used to create value
Discrimination
denied opportunities eg. a job because of race, gender, age, or sexual orientation.
Diversity
Workforce diversity reflects differences with respect to gender, age, race, ethnicity, religion, sexual orientation, and able-bodiedness.
Managerial Competency
Skill-based capability for high performance in a management job, includes communication, teamwork, motivation, leadership, critical thinking, professionalism
Organization
• A collection of people working together
to achieve a common purpose.
• Composed of interrelated parts that function together to achieve a common purpose.
• Transform resource inputs into product outputs (goods and services).
Total Quality Management
• Comprehensive approach to continuous quality improvement for a total organization.
• Involves three key factors: continuous improvement, quality, and customer satisfaction.
Top Manager
responsible for performance of an organization as a whole or for one of its larger parts.
Quality of Work Life
An indicator of the overall quality of human experiences in the workplace.
Examples:
• Fair pay
• Safe working conditions
• family/social/work time balance
• Opportunities to learn and use new skills
• Room to grow and progress in a career • Investment in education
Decision Making
how managers use information to make decisions