Business

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Business

12th

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54 Terms

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Decentrlization
When daily operations and decision-making power are delegated by top management to middle-and lower-level managers
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Job Design
The way a set of tasks or the entire job is organized
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job rotation
enlarging jobs by moving employees among several different jobs
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job enrichment
A motivational strategy that emphasizes motivating the worker through the job itself.
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automation
The use of technology to ease human labor or to extend the mental or physical capabilities of humans.
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flexible working hours
give employees some choice in daily work hours
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contingent workers
Workers who do not have the expectation of regular, full-time employment.
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top-down change
change implemented by managers at a high level in the organization
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Bottom-up change
change implemented by employees at low levels in the organization and gradually rises until it is felt throughout the organization
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functional structure
people with similar occupational specialties are put together in formal groups
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divisional structure
people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions
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Delegation
transferring responsibility to a person for a specific task
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Empowerment
giving employees the authority to correct a problem without first checking with management
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Job Analysis
the process of getting detailed information about jobs
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recruitment
the process through which the organization seeks applicants for potential employment
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work sampling
evaluates job candidates as they perform actual work tasks
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Reference Checks
Contacting previous employers of a job applicant to determine his or her job history. Reference checks may also include checking with school(s) or college(s) attended by the applicant to verify educational qualifications.
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background check
the process of verifying certain information provided by a job applicant
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orientation
how a company or organization approaches its strategies for success
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performance appraisal
An evaluation that measures employee performance against established standards in order to make decisions about promotions, compensation, training or termination.
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critical incident
any situation that causes unusually strong emotions that interfere with the ability to function
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360-degree feedback
a performance appraisal process in which feedback is obtained from the boss, subordinates, peers and coworkers, and the employees themselves
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stock options
rights to buy a certain number of shares of stock at a specified price
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fringe benefits
payments to employees other than wages or salary
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Termination
the act of ending something
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Dismissal
being sent away; being removed from a duty, position, or employment
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layoff
An involuntary separation of the employee from the employer for a temporary or indefinite period, through no fault of the employee.
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laissez-faire leadership
a form of "leadership" characterized by a general failure to take responsibility for leading
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Transformational Leadership
transforms employees to pursue organizational goals over self-interests
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communication channel
The medium—print, broadcast, the Internet—that carries the message.
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halo effect
the tendency to draw a general impression about an individual on the basis of a single characteristic
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Extroversion
outgoing, assertive, active
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intrinsic rewards
satisfaction a person receives from performing the particular task itself
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severance pay
a sum of money for which an employee is eligible upon termination
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labour union
an organization of workers that acts to protect workers' rights and interests
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collective bargaining
Process by which a union representing a group of workers negotiates with management for a contract
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reward power
power that comes from the ability to provide rewards or favors
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coercive power
The ability of a manager to punish others
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visionary leadership
leadership that creates a positive image of the future that motivates organizational members and provides direction for future planning and goal setting
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autocratic leadership
leadership style that involves making managerial decisions without consulting others
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employee assistance programs
help employees cope with personal stresses and problems
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profit sharing
the distribution to employees of a percentage of the company's profits
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mentor
a wise and trusted guide and advisor
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realistic job preview
background information about a job's positive and negative qualities
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job sharing
performance of one full-time job by two people on part-time hours
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chain of command
the order of authority within a facility
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Human Resource Management
consists of the activities managers perform to plan for, attract, develop, and retain an effective workforce
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Selection
Choosing from among qualified applicants to hire into an organization
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Conscientiousness
the care a person gives to organization and thoughtfulness of others; dependability
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locus of control
A belief about the amount of control a person has over situations in their life.
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cognitive dissonance
unpleasant mental experience of tension resulting from two conflicting thoughts or beliefs
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emotional intelligence
the ability to perceive, understand, manage, and use emotions
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constructive stress
a positive influence on effort, creativity, and diligence in work
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social loafing
phenomenon whereby individuals become less productive in groups