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admin 1
test 1
41
Business
Undergraduate 2
10/04/2012

Additional Business Flashcards

 


 

Cards

Term
competency
Definition
skills knowledge, charectoristics, abilities
Term
fredrick taylor
Definition
father of scientific mgmt, time and motion studies, "one best way"
Term
Henri Fayol
Definition
French Industrialist
14 principles of MGMT
Term
Elton MaYo
Definition
The Hawthorne studies
Term
Hierarchy of Needs
Definition
Maslow.
Physiological
safety
love/belonging
esteem
self-actualization
Term
Theory x
Definition
work is distasteful, and people will attempt to aviod it whenever possible.
McGregor
Term
Theory Y
Definition
People will be self directed and creative to meet their work and organizational objectives if they are committed to them
McGregor
Term
Kurt Lewin
Definition
Between the 3 types of leadership (democratic, authoritarian, and laisse faire) found democratic is most conducive to to positive moral among employees
Term
TQM
Definition
total quality management
long term process in effort to improve business by involving employees and supervisors in the process of quality control.
Term
mission statement
Definition
statement of purpose for an organ. that describes who they serve, what services are provided, and how the sevices are delivered.
Term
vision
Definition
realistic and desirable view of where an organization will be in the future
Term
values
Definition
principles qualities and beliefs held by an organization
Term
goals
Definition
broad statements of intended actions
Term
objectives
Definition
direct/measurable steps to achieving goals
Term
efficiency
Definition
minimizing the waste of resources
Term
effectiveness
Definition
Capability to achieve goals and objectives
Term
negligence
Definition
unintended tort that results in personal injury
Term
4 elements of negligence-
Definition
duty
breach of duty
causation
damages
Term
invitee
Definition
invited by landowner, often pays a fee
Term
licensee
Definition
invited guest with no fee. down't benefit the land owner economically
Term
assumption of risk
Definition
risk is inherent to activity, plantiff had knowledge, understanding, and acceptance of risk
Term
comparative negligence
Definition
when defendants are liable for a portion of faults
Term
waivers
Definition
contracts/releases that form an agreement designed to protect the potential defendant from liability.
Term
statuatory loaw
Definition
set down by legislature, statures may origonate.
Term
common law
Definition
aka case law. developed by judges through decisions of courts
Term
contract law
Definition
offer and acceptance
Term
tort law
Definition
one party wrongs another
Term
good Samaritan laws
Definition
laws that limit liability for laypersons who provide assistance to someone in need.
Term
4 step model of risk mgmt
Definition
identification
evaluation
treatment
implementation
Term
3 types of organizations
Definition
business
government
non-profit
Term
3 types of business organizations:
Definition
corporations
partnerships
sole proprietorships
Term
3 branches of government
Definition
executive
legislative
judicial
Term
4 types of non-profits
Definition
service
special interest
private club
professional organizations
Term
independent baords
Definition
found in all 3 sectors
Term
semi-independent boards
Definition
found in public sector only
mostly in city government where council has ultimate authority
Term
advisory board
Definition
least amount of authority
serves as a liaison btw public and agency
Term
chain of command
Definition
line of authority
Term
span of control
Definition
the number of people, units, etc. a manager can control effectively and efficiently at one time
Term
vertical hierarchy
Definition
up and down. definity chain of command
Term
horizontal
Definition
less defined chain of command. employees across lines have similar imput and work together.
Term
informal organization
Definition
network of personal and formal relationships that form as people associate w/ other people in a work enviornment
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