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Chapters 1-5 Vocabulary
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globalization
a process of interaction and integration among the people, companies, and governments of different nations, driven by international trade and investment and accelerated by information technology
multinational corporations (MNCs)
corporations with significant operation in more than one country
transnational corporation
organization with extensive international operations and subsidiaries in many countries, no longer identifying with a single “home” country
culture
the patterns or thought and behavior that distinguish one group of people from another
information technology (IT)
creating and maintaining the technology infrastructure of an organization
knowledge workers
individuals whose jobs are designed around the acquisition and application of information
information systems (IS)
using information technology to improve organizational performance
human resource information systems (HRIS)
systems used to gather, store, and analyze information regarding an organization’s human resources
artificial intelligence (AI)
technologies that enable computers to simulate elements of human thinking, including learning and reasoning
software as a service (SaaS)
software delivered on the interment on a subscription basis
legal compliance
making sure that all legal requirements involved in employment are met
workforce diversity
the varied personal characteristics that make the workforce heterogeneous
inclusion
valuing the contribution of everyone
downsizing
creates greater efficiency by eliminating certain jobs
rightsizing
organizational strategy drives the size and skills of the workforce
outsourcing
using external contractors to produce products or services of the organization
contingent workforce
the part-time, temporary, and contract workers used by organizations to fill peak staffing needs or perform work not done by core employees.
core employees
an organization’s full-time employee population
offshoring
the process of moving jobs out of one country and into another country
reshoring
the process of bringing jobs back to the home country
quality management
organizational commitment to continuous process of improvement that expands the definition of customer to include everyone involved in the organization
kaizen
the japanese term for an organization’s commitment to continuous improvement
work process engineering
radical, transformational change in an organization
merger
joining ownership of two organizations
aquisition
the transfer of ownership and control of one organization to another
labor union
acts on behalf of its members to secure wages, hours, and other terms and condition of employment
ethics
a set of rules or principles that define right and wrong conduct
sarbanes-oxley act
established procedures for public companies regarding how they handle and report their finances
code of ethics
states an organization’s primary values and the ethical rules it expects members to follow
sustainability
living, doing business, and employing individuals in a responsible and ethical way
scientific management
a set of principles designed to enhance worker productivity
hawthorne studies
a series of studies that provided new insights into group behavior and motivation (does better lighting help workers manufacture telephone relays more quickly)
management
the process of efficiently completing activities with and through people
planing
a management function focusing on setting organizational goals and objectives
organizing
a management function that deals with determining what jobs are to be done and by whom, where decisions are to be made, and how to group employees
leading
a management function concerned with directing the work of others
controlling
a management function concerned with monitoring activities to ensure that goals are met
competitive advantage
something unique to the organization that competitors can’t imitate
strategic management
establishes long-term foals and provided direction for an organization
strategic management process
analyzes the environment and creates strategies to achieve organizational goals
mission
reason an organization exists
mission statement
brief statement explaining an organization’s purpose
SWOT analysis
a process for determining an organization’s strengths, weaknesses, opportunities, and threats
core competency
organizational strengths that represent unique skills or resources
strategic human resource management
aligning HR policies and decisions with the organizational strategy and mission
metrics
quantitative assessments used to measure the effectiveness of business practices
benchmarks
metrics from other businesses or industry averages used to compare performance
dashboards
visual displays of HR metrics that can be quickly assed and interpreted on a computer or tablet
staffing function
activities in HR concerned with seeking and hiring qualified employees
job analysis
process to identify specific skills, knowledge, and abilities that the job applicant must possess to succeed in the position
training and development function
HR activities concerned with assisting employees to develop up-to-date skills, knowledge, and abilities
motivation function
activities in HR concerned with helping employees exert themselves at high energy levels
maintenance function
activities in HR concerned with maintaining employees’ commitment and loyalty to the organization
communications programs
HR programs designed to provide information to employees
compensation and benefits
HR function concerned with paying employees and administering the benefits package
employee relations function
activities in HR concerned with effective communications among organizational members
talent management
using HR best practices to recruit and retain talented employees to achieve organizational objectives
HR generalist
position responsible for all or a large number of HR functions in an organization
people analytics
using data to improve HR decisions
professional employer organization
assumes all HR functions of a client company by hiring all of its employees and leading back to the company
shared services
sharing HR activities among geographically dispersed divisions
HR business partners
senior HR professionals that work directly with business unit managers to link talent management with organizational strategy
human resource planning/work-force planning
process of determining an organization’s human resource needs
succession planning
identifying employees who are ready to move into management positions
replacement chart
HR organizational charts indicating positions that may become vacant in the near future and the individuals who may fill the vacancies
staffing table
table including jobs in the organization, number of people holding those jobs and future requirements
reduction in force (RIF)/downsizing
reducing the size of a company’s workforce to lower expenses
job analysis
provides information about jobs currently being done and the knowledge, skills, and abilities that individuals need to perform the jobs adequately
job description
a statement indicating what a job entails
observation method
a job analysis technique in which data are gathered by watching employees work
individual interview
meeting with an employee to determine what his or her job entails
group interview method
meeting with a group of employees to collectively determine what their jobs entail
structured questionnaire method
a specifically designed questionnaire for employees to rate the tasks they perform in their jobs
technical conference methos
a job analysis technique that involves extensive input from the employee’s supervisor
diary method
a job analysis method requiring job incumbents to record their daily activities
position analysis questionnaire (PAQ)
a job analysis technique that rates jobs on elements in six activity categories
essential functions
activities that are core to a position and cannot be modified
job specifications
statements indicating the minimal acceptable qualification incumbents must possess to successfully perform the essential elements of their jobs
job evaluation
specified the relative value of each job in the organization
job design
refers to the wat the position and the tasks within that position are organized, including how and when the tasks are done and any factors that affect the work, such as in what order the tasks are completed and the condition under which they are completed
job enlargement
adding related tasks to a job
job enrichment
expanding job content to create more opportunities for job satisfaction
hybrid work
allows employees to split time between the employer’s physical workspace and remote work
compressed work week schedules
employees woek longer days in exchange for longer weekends or other days off
flex time
alternative to traditional “9 to 5” work schedules that allows employees to vary arrival and departure times
job sharing
two people share one job by splitting the work week and the responsibilities of the position
telecommuting
workplace flexibility allowing employees to work from home all or part of the time
remote work
workplace flexibility without any geographic requirements
civil rights act of 1964
outlawed racial segregation and discrimination in employment, public facilities, and education
title VII
established the illegality of discriminating against individuals based on race, religion, color, sex, or national origin
bona fide occupational qualification (BFOQ)
job requirements that are reasonably necessary to meet the normal operation that business or enterprise
seniority systems
decisions such as promotion, pay, and layoffs are made based on employee’s seniority or length or service
civil rights act of 1991
employment discrimination law that nullified selected supreme court decisions, it reinstated burden of proof by the employer and allowed punitive and compensatory damage through jury trials
equal employment opportunity act (EEOA)
granted enforcement powers to the equal employment opportunity commission
equal employment opportunity commission (EEOC)
the arm of the federal government empowered to handle discrimination in employment cases
age discrimination employment act (ADEA)
this act prohibits age discrimination, particularly among those over the age of 40
pregnancy discrimination act
law prohibiting discrimination based on pregnancy
americans with disabilities act
extends employment protection to most forms of disability status
reasonable accommodations
changes to the workplace that allow qualified workers with disabilities to perform their jobs
family and medical leave act
federal legislations that provides employees with up to 12 weeks of unpaid leave each year to care for family members or for their own medical reasons