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27 Cards in this Set

  • Front
  • Back

Money

Something used as a way to pay for goods and services and to pay people for their work.

Marketing

The activities that are involved in making people aware of a company's products, making sure that the products are available to be bought, etc.

Two Types of "pure" Economic System

A market economy and a planned economy

A sound financial plan includes

A comprehensive evaluation of an investor's current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans.

Goal for a typical management communication

* Aligning individual employee's day-to-day actions with strategic business objectives
* Providing visibility and clarifying accountability related to performance expectations

Organizational activities directed at attracting,developing and maintaining a workforce is.

Human Resource Management.

Big Five Personality Trait

Conscientiousness, extraversion, agreeableness, personal bios and perceptions.

Interest,Friendship and support groups are

Expressions of Interest

The process of screening out information that we are uncomfortable with.

Selective Perception

The process of which people receive and interpret information from the environment.

Perception

The perception of a company that unites a group of products or services for the public under a single name, a shared visual identity, and a common set of symbols.

Corporate Brand

4p's of Marketing

Product, price, promotion and place

Major responsibilities of Human Resource Management

Attract a quality workforce, Develop a quality workforce,Maintain a quality workforce.

Corporate communication

A set of activities involved in managing and orchestrating ... such as employees, media, channel partners and the general public.

Refusing to hire or promote someone for non job related reasons is called

Discrimination

The affirmative action process demands all of the following except:


hiring of people in underrepresented classes, regardless of qualifications


Generally, American managers rate fairly high in communication skills.

True

Our ability to lead is often judged by our skill in communication.

True

It is legal to pay men and women differently, even if they are doing the same job.

False

The United States Economy is a mixed economy which means it is a blend of capitalism and socialism

True

With all the college material to learn in business,fortunately writing skills are generally developed in high school and need no further work.

False

Our ability to lead is often judged by our skill in communication

True

It is possible for two people to witness the same event and for them to have different perceptions as to it's causes and consequences.

True

What do you think you have learned that will change how you view being a manager and make you a good manager.

A manager must have good oral and written communication skills.

Employees' right to privacy of communications inside the workplace is guaranteed by the civil rights legislation.

True

In spite of the great many potential advantages of teams and the wide-spread use of the them.

True

The "goal" of HRM is to support the pursuit of organizational goal by ensuring that capable workers are available and ready to serve.

True