Whole boom Flashcards

1
Q

Affirmative action

A

Programs that require businesses to make special efforts to recruit, select and promote women and members of minority groups

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Analytical skills

A

The ability to analyse or study the nature of a given situation or set of circumstances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Appraisal

A

Any method of evaluating the performance of an employee against preset targets

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Australian Competition and consumer comission (ACCC)

A

Government authority responsible for administering the competition and consumer act 2010 and for promoting and educating how to provide good business practices for a fair and efficient marketplace

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Authority

A

The power and status to pass commands down a business hierachy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Autocratic management style

A

Management style where all decision-making is centralized, there is little delegated authority and communication is one way

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Automation

A

Replacement of human activity with technology

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Award restructuring

A

Microeconomic reform designed to change how labor is organised, employed and paid. it is aimed at increasing productivity by multitasking and retraining workers and through union amalgamation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Business change

A

Any alteration to a business or work environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Business objectives

A

The stated, measurable targets of how to achieve business goals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Business strategy

A

The long term plan of action adopted by a business to achieve its goals and objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Capacity planning

A

Operations decision concerned with the quantity of goods and services to be produced

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Centralised decision making

A

Management make decisions and pass on directions to those below them in a hierarchy communication is downward and worker participation in decision making is non-existent

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Chain of command

A

The vertical line of authority that passes command down through the levels of a business hierachy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Coaching

A

On the job approach to training where teaching is conducted on a one to one basis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Collective agreement

A

Enterprise bargaining agreements that result from negotiations between an employer and union which are registered

17
Q

Collective bargaining

A

The process by which wages, hours, rules and working conditions are negotiated and agreed upon by a union with an employer for all the employees collectively whom the union represents

18
Q

Communication

A

A process of creating and exchanging information between people that produces the required response