Chapter 1 Vocabulary Quiz

Vocabulary flashcards based on Chapter 1 quiz questions covering key organizational, human resource, and asset concepts.

Competitiveness

A company's ability to maintain and gain market share in its industry.

Human Resource Management

The practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees.

Intangible Assets

A type of company asset that includes human capital, customer capital, social capital, and intellectual capital.

Learning Organization

An organization whose employees are continuously attempting to learn new things and apply what they have learned to improve product or service quality.

Companies and their employees ability to anticipate and cause change, adapt to it, and take specific actions to support change.