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25 Cards in this Set

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  • Back
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Industrial actions
Various forms of collective employee actions taken to protest work conditions or employer action.

Information management (IM)
Use of technology to collect, process, and condense information with a goal of efficient management of information as an organizational resource.

Intellectual property (IP) Creations of the mind such as inventions, literary and artistic works, symbols, names, images, and designs used in commerce
as much an asset as is physical property.

ISO 9000 standars
Series of standards, developed/published by the International Organization for Standardization (ISO), that define, establish, and maintain a quality assurance system for manufacturing and service industries.

Judgmental forecasts
Use of information from past and present to predict future conditions.

Key performance indicators (KPIs)
Quantifiable measures of performance used to gauge progress toward strategic objectives or agreed standards of performance.

KSAs
Knowledge, skills, and abilities needed to effectively perform a job.

Labor unions
Groups of workers who coordinate their activities to achieve common goals (e.g., better wages, hours, etc) in their relationship with an employer or group of employers
also called trade union.

Layoffs
Temporary employment separations
employees may be recalled to work, or the separation may become permanent.

Leniency errors
Errors that are the result of appraisers who don't want to give low scores.

Line units
Work groups that conduct the major business of an organization.

Lockout
Occurs when management shuts down operations to prevent union employees from working.

Matrix structure
Organizational structure that combines departmentalization by division and function to gain the benefits of both.

Measuring
Process of collecting and tabulating data.

Mediation
Method of nonbinding dispute resolution involving a third party who helps disputing parties reach a mutually agreeable decision
also known as conciliation.

Mergers and acquisitions (M&A)
Combination of two separate firms either by their joining together as a relative equals (merger) or by one acquiring the other (acquisition).

Metrics
Performance parameters based on the relationship between two or more measures.

Mobile learning
Digitized instructional content delivered to wireless mobile devices (e.g., smartphones, tablet computers, notebooks, and digital readers).

Multi-criteria decision analysis (MCDA)
Decision-making tool in which a team determines critical characteristics of a successful decision
a matrix is used to score each alternative and compare results.

Multinational enterprise (MNE)
Organization that owns or controls production or services facilities in one or more countries other than the home country.

Multiple linear regression
Statistical method that can be used to project future demand
more than one variable is utilized.

Nominal group technique
Group of individuals who meet face-to-face to forecast ideas and assumptions and prioritize issues.

Offboarding
Process of managing the way employees leave the organization.

Organizational development
Process of enhancing the effectiveness of an organization and the well-being of its members through planned interventions.
Organizational exit
Process of managing the way people leave an organization.