Vocabulary Flashcards

1
Q

“Great Man”

A

A nineteenth-century theory that states that history is largely explained by the impact of great men or heroes and their superior intellect and other attributes.

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2
Q

360 evaluation

A

A process through which feedback from an employee’s subordinates, colleagues and supervisors as well as a self-evaluation by the employee themselves is gathered

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3
Q

Accounts receivable

A

Money owed to a company by its debtors

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4
Q

acquisitiveness

A

Excessive interest in acquiring money or material objects

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5
Q

affiliative

A

The need to form social or emotional bonds with others

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6
Q

allocation

A

To distribute or to give each person a portion of something.

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7
Q

assets

A

Property owned by an organization or individual

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8
Q

assumptions

A

Anything that is accepted as true or certain to happen, without proof

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9
Q

attributes

A

A quality or feature of something.

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10
Q

attrition

A

It is not to replace employees when they leave

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11
Q

authoritarian

A

To act in a dictatorial manner. Enforcing strict obedience.

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12
Q

balance sheet

A

A statement of assets, liabilities, and capital for an organization at a particular point in time

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13
Q

behavioral theory

A

Behavioral theory is based on the premise that behaviors are conditioned as a result of experiences with the environment; anyone can be trained to behave in a preferred way.

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14
Q

bias

A

A prejudice in favor or against one thing, person or group compared to another, usually in a way that is considered unfair or unjust

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15
Q

bottom-up approach

A

Starts with the employees. They are surveyed as the main users of a system to gather information on how to implement a change

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16
Q

business indicators

A

Numbers that may indicate a positive or negative trend. Examples include demand for product, profit margin, revenue, professional development levels of workforce, market share, amount of debt, and deals finalized by the sales team.

17
Q

business units

A

A logical segment of a business representing a specific business function and which has its own vision, strategy, and direction

18
Q

capital assets

A

Capital assets are significant pieces of property such as buildings, cars, investment properties, stocks and bonds

19
Q

cash disbursements

A

The money paid out by an organization to settle an obligation

20
Q

cash receipts

A

The money received by an organization as payment for a good or service