26 terms

knowledge worker

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knowledge worker
someone whose knowledge is a critical asset to employers
new economy
the theory that the economy is stable at the full employment level of domestic output in the long run because prices and wages adjust automatically to correct movements away from the full employment, noninflationary output
global economy
worldwide financial management system
adaptation
the process of adapting to something (such as environmental conditions)
virtual
having a certain force or effect in fact but not in name; so close as to be equivalent to the real thing
old economy
Economic activity in manufacturing sectors which formed the engine of economic growth in industrial society and is still present in postindustrial society
efficiency
the ratio of the output to the input of any system
labor
productive work (especially physical work done for wages)
remote
far distant in space
workforce
The people available for work in a particular area, firm, or industry.
e-commerce
the buying and selling of goods and services over the internet
mutilingual
able to speak several languages
career ladder
A sequence or related jobs - from entry-level to advance - available at different education/training levels.
career lattice
opportunities which include possible upward and horizontal mobility; job allows you to go laterally up or down on the career ladder
competitive
showing a fighting disposition without self-seeking
cross-functional
team composed of individual's from various specialties
continuum
a continuous nonspatial whole or extent or succession in which no part or portion is distinct of distinguishable from adjacent parts
downsizing
the reduction of expenditures in order to become financial stable
outsourcing
The procuring of services or products, such as the parts used in manufacturing a motor vehicle, from an outside supplier or manufacturer in order to cut costs
job security
A guarantee that the workers will not lose their jobs
information security
The tasks of guarding information that is in a digital format. More specifically, that which protects the integrity, confidentiality, and availability of information on the devices that store, manipulate, and transmit the information through products, people, and procedures
ethical standards
The criteria that help differentiate right from wrong
training
activity leading to skilled behavior
record keeping
this important development allowed societies to organize and maintain the growing political, social and economic structure that emerged with the settlement in farming areas. These societies that developed record keeping were able to communicate multiple ideas adn large amounts of information that led to greater complexity and growth
simulation
the act of imitating the behavior of some situation or some process by means of something suitably analogous (especially for the purpose of study or personnel training)
lifelong learning
all purposeful learning activities, both formal and informal, that take place throughout our lives
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