Untitled Deck Flashcards
What is Training?
A program built primarily to assist employee development.
What is Staffing?
A systematic and methodical filling up of positions.
What is Just-In-Time inventory?
An inventory management system in which inventory arrives only when it is needed.
What are the methods of risk management?
Assuming, Minimizing, Avoiding, or shifting the risk.
What does Avoiding the risk mean?
Avoiding certain industries.
What is Operations Research?
Considers various factors to build a mathematical decision making formula.
What is Employee Counseling?
Counseling available for employees typically offered through a medical plan.
What does Systems Theory deal with?
Deals with interdependence instead of independence of variables.
What does Group Dynamics involve?
Deals with role playing coupled with simulation which seek to emphasize group behavior.
What is Decentralization?
Decision making is widely dispersed.
What is the Classification Method?
Defines grades for requirements that are found common to various tasks.
What is a Ranking system?
Determines salary according to a ranking based on overall importance and responsibilities.
What is Controlling?
Determining if the methods being used adequately match planned results.
