Untitled Deck Flashcards
What are points system requirements?
Requirements appropriate to each job are analyzed and quantified.
What does minimizing the risk involve?
Screening employees, network passwords, etc.
What does assuming the risk mean?
Setting aside enough money to pay for potential losses.
What are budgets?
Statements of targeted results reduced to quantifiable terms.
What is eustress?
Stress that is used positively for personal growth.
What is risk analysis?
Tells you what probabilities are there to arrive at decisional outcomes.
What is the main purpose of communication?
To influence action and achieve goals.
How does motivation affect work ability?
The more motivated an employee is, the higher their work ability.
What is lead time?
The time it takes to get an inventory item (from ordering to arrival).
What are methods of discipline?
Verbal warnings, written warnings, suspension, and termination.
What is collective bargaining?
When a group with similar interests bargains as a unit.
What is vertical specialization?
When delegation is done through an existing line of authority.
