ADMN 400 Final Exam

Employee Recruitment

Methods include TV ads, print, radio, job fairs, online search engines, and social networking.

Compensation and Benefits

Direct pay (salary) and indirect pay (pensions, health insurance, vacation time) are crucial for motivating and retaining employees.

Diversity, Equity & Inclusion

Diverse backgrounds lead to more effective idea generation for improvements.

Psychological Safety

It allows employees to take risks without feeling insecure or embarrassed.

SMART Goals

Specific, Measurable, Achievable, Relevant, Time-bound goals help in decision-making.

Key Performance Indicators (KPIs)

Measurements indicating how well an organization is achieving its goals within a specific time.

Production Planning

Involves deciding where, when, and how production will occur.

Quality Control

Ensures goods meet standards throughout the production process.

Integrated Marketing Communications

Creating a unified customer experience through various promotional methods.

Dividends

Payments to shareholders from profits, either in cash or stock.