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Terms in this set (21)
is a statement of guiding principles and procedures that serves as a guideline for daily business operations.
is a standard that is set forth to guide behavior or actions.
is an arrangement for deferred payment for goods and services.
is a borrower's reputation for honest dealings.
is a borrower's ability to repay a debt, as judged by the lenders.
is the overall assets of an individual.
establishes the conditions under which items that have been ordered, shipped, or delivered may be returned.
establishes the conditions under which items will be reworked.
responsible for accomplishing the main objectives of the business.
refers to managers and others who provide support and advice for line managers.
when you add staff to your line organization.
are usually temporary organizations brought together from different parts of the business for special projects.
is a statement that describes the objectives of a job and its duties and responsibilities.
is a document that details the abilities, skills, educational level, and experience needed by an employee to perform the job.
is a summary of academic and work history, skills, and experience.
bring in, prospective employees.
are an amount of money an employee receives for every hour the employee works.
is a fixed amount of pay an employee receives for each week, month, or year the employee works.
are extras that workers receive on a job.
so much per unit produced.
a percentage of sales.
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