Study sets matching "business chapter 8"

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Study sets matching "business chapter 8"

Business Chapter 8
Operations Management (OM)
Manufacturing
Production
Operations
the development and administration of the activities involved…
the activities and processes used in making tangible products…
the activities and processes used in making tangible products…
the activities and processes used in making both tangible and…
Operations Management (OM)
the development and administration of the activities involved…
Manufacturing
the activities and processes used in making tangible products…
Chapter 8 Business
Economies of Scale
Hierarchy
Chain of command
Organization chart
Companies can reduce their production costs by purchasing raw…
A system, one person at the top of organization and then rank…
Line of authority that moves from top to bottom
Visual device that shows relationship between people in a wor…
Economies of Scale
Companies can reduce their production costs by purchasing raw…
Hierarchy
A system, one person at the top of organization and then rank…
Business chapter 8
Economics of scale
Hierarchy
Chain of command
Bureaucracy
The situation in which companies can reduce their production…
A system in which one person is at the top of the organizatio…
The line of authority that moves from the top of the hierarch…
And organization with many layers of managers who set rules a…
Economics of scale
The situation in which companies can reduce their production…
Hierarchy
A system in which one person is at the top of the organizatio…
Business Chapter 8
economies of scale
hierarchy
chain of command
bureaucracy
the situation in which companies can reduce their production…
a system in which one person is at the top of the organizatio…
the line of authority that moves form the top of a hierarchy…
an organization with many layers of managers who set rules an…
economies of scale
the situation in which companies can reduce their production…
hierarchy
a system in which one person is at the top of the organizatio…
27 terms
Business Chapter 8
Organizational Change
Product
Technology
People
Adoption of a new idea or behavior
A change in the organization'a product or service outputs
A change in the organization'a production process
Change in attitude and behavior
Organizational Change
Adoption of a new idea or behavior
Product
A change in the organization'a product or service outputs
27 terms
Chapter 8 - Business
benchmarking
bureaucracy
centralized authority
chain of command
comparing an organizations practices, processes, and products…
an organization with many layers of managers who set rules an…
an organization structure in which decision making authority…
the line of authority that moves from the top of a hierarchy…
benchmarking
comparing an organizations practices, processes, and products…
bureaucracy
an organization with many layers of managers who set rules an…
business law: chapter 8
certification mark
collective mark
copyright
intellectual property
A mark used by one or more persons, other than the owner, to…
A mark used by members of a cooperative, association, union,…
The exclusive right of an author or originator of a literary…
Property resulting from intellectual and creative processes.
certification mark
A mark used by one or more persons, other than the owner, to…
collective mark
A mark used by members of a cooperative, association, union,…
35 terms
Business Chapter 8
operations management
reshoring
mass production
analytical process
all the activities required to produce goods and services
a situation in which U.S. manufacturing jobs back to the Unit…
a manufacturing process that lowers the cost required to prod…
a process in operations management in which raw materials are…
operations management
all the activities required to produce goods and services
reshoring
a situation in which U.S. manufacturing jobs back to the Unit…
48 terms
Business Chapter 8
employee behavior
performance behavior
organizational citizenship
counterproductive behaviors
pattern of actions by members of an organization that directl…
total set of work related behaviors that the organization exp…
positive behaviors that do not directly contribute to the bot…
behaviors that detract from organizational performance
employee behavior
pattern of actions by members of an organization that directl…
performance behavior
total set of work related behaviors that the organization exp…
39 terms
Business 1010 Chapter 8
what are the main theories of motivati…
affiliative (laissez-faire) leader (p…
autocratic leader p 228
belonging needs p 222
1. physiology... 2. safety... 3. belonging... 4. esteem... 5. self-actual…
more advisory in style, encouraging employees to contribute i…
makes decisions without consulting others.
the need to belong to a group and feel accepted by others.
what are the main theories of motivati…
1. physiology... 2. safety... 3. belonging... 4. esteem... 5. self-actual…
affiliative (laissez-faire) leader (p…
more advisory in style, encouraging employees to contribute i…
business chapter 8
Employee behavior
performance behavior
organization citizenship
counterproductive behaviors absenteeism
the pattern of action by the members of an organization that…
the total set of work-related behaviors that the organization…
positive behaviors that do not not directly contribute to the…
behaviors that detract from organizational performance
Employee behavior
the pattern of action by the members of an organization that…
performance behavior
the total set of work-related behaviors that the organization…
26 terms
Business Chapter 8
Accounting
Financial Accounting
GAAP
FASB
System for recognizing, organizing, analyzing, and reporting…
Provide information to external stakeholders, Information pro…
accounting standards that are used in the preparation of fina…
private self-regulated board that establishes and enforces GAAP
Accounting
System for recognizing, organizing, analyzing, and reporting…
Financial Accounting
Provide information to external stakeholders, Information pro…
43 terms
business chapter 8
service-providing businesses
planning and staffing
permanent employee
compensation and benefits
examples include insurance companies and dentists
a human resource activity involving job analysis and job recr…
an employee to whom a company has made a long term commitment
human resource activity that involves wage, salary, and benef…
service-providing businesses
examples include insurance companies and dentists
planning and staffing
a human resource activity involving job analysis and job recr…
24 terms
Chapter 8 business
Firm
Profit
Expense
Income statement
An organization that brings together the factors of productio…
The amount of money from sales a firm has after paying its ex…
The costs of using the factors of production to produce a pro…
A report showing a business's sales, expenses, and profit for…
Firm
An organization that brings together the factors of productio…
Profit
The amount of money from sales a firm has after paying its ex…
Business Chapter 8
leadership Main Ideas
Leadership Qualities
Ways To Develop Your Leadership Skills
3 Main Leadership Styles
1. Being a manager is not the same thing as being a leader... 2…
1. Motivation ... 2. Confidence ... 3. Communication... 4. Integrity
1. Educate yourself... 2. Learn from others... 3. Join a group to d…
1. Autocratic... 2. Democratic... 3. Free Rein
leadership Main Ideas
1. Being a manager is not the same thing as being a leader... 2…
Leadership Qualities
1. Motivation ... 2. Confidence ... 3. Communication... 4. Integrity
Business chapter 8
Workforce
Occupational handbook
White collar
Blue collar
People 16/older employed or looking for a job
Offers up to date info about u.s. workforce
Work is more mental health
Work is more physical
Workforce
People 16/older employed or looking for a job
Occupational handbook
Offers up to date info about u.s. workforce
Business Chapter 8
Leadership
- see a big picture and never lose sig…
inspiring others... initiative ... having a…
Initiative
Taking a company and its employees in a direction based upon…
Certain Leadership info
3 different elements of motivation
ability to act/ make decisions without advice
Leadership
Taking a company and its employees in a direction based upon…
- see a big picture and never lose sig…
Certain Leadership info
Business Chapter 8
Employee behavior
Performance behavior
Organizational citizenship
Counterproductive behaviors
the pattern of actions by the members of an organization that…
Work related behavior that the organization expects from you.
Positive behaviors that don't directly contribute to the bott…
Actions that detract from the organization like absenteeism o…
Employee behavior
the pattern of actions by the members of an organization that…
Performance behavior
Work related behavior that the organization expects from you.
21 terms
Business Chapter 8
Explain and discuss the basis for inte…
Demonstrate the relationship between s…
Summarize post-World War II trends in…
Distinguish between outsourcing and of…
Trade between individuals. Why do we hire people to provide s…
Specialization and exchange increases an individual's product…
After WWII, we produced more than 60% of the world's oil supp…
Outsourcing: When a company in the U.S. contracts some of the…
Explain and discuss the basis for inte…
Trade between individuals. Why do we hire people to provide s…
Demonstrate the relationship between s…
Specialization and exchange increases an individual's product…
business chapter 8
Job analysis
forecasting
recruiting (or staffing)
internal recruiting
a detailed study of the specific duties in a particular job a…
determining the firm's demand for employees and the likely su…
process of attracting qualified persons to apply for jobs tha…
consider present employees as candidates (most desirable)
Job analysis
a detailed study of the specific duties in a particular job a…
forecasting
determining the firm's demand for employees and the likely su…
34 terms
Business Chapter 8
Operations management
Manufacturing
production
operations
the development and administration of the activities involved…
the activities and processes used in making tangible products
the activities and processes used in making tangible products
the activities and processes used in making both tangible and…
Operations management
the development and administration of the activities involved…
Manufacturing
the activities and processes used in making tangible products
34 terms
Business Chapter 8
Operations Management
Manufacturing
Production
Operations
The development and administration of the activities involved…
The activities and processes used in making tangible products…
The activities and processes used in making tangible products…
The activities and processes used in making both tangible and…
Operations Management
The development and administration of the activities involved…
Manufacturing
The activities and processes used in making tangible products…
25 terms
business chapter 8
benchmarking
bureacracy
centralized authority
chain of command
A process of continuously measuring system results, comparing…
a system of government that includes different job functions…
an organization structure in which decision-making authority…
A series of executive positions in order of authority
benchmarking
A process of continuously measuring system results, comparing…
bureacracy
a system of government that includes different job functions…
Chapter 8 Business
advance fee loan
annual fee
balloon payment
billing cycle
a loan that includes a large upfront fee
a yearly charge to your credit card account for membership
a large lump-sum payment that must be paid at a set time
time period during which you must make your payment
advance fee loan
a loan that includes a large upfront fee
annual fee
a yearly charge to your credit card account for membership
business chapter 8
thinking style
Intuitive style
Open up the closet
Don't mix up your I's
Information process style... being deliberative, logical, precis…
Information process style... Being creative, following hunches a…
Intuition skills... Trusting your instincts and gut. Not suppres…
Intuition skills... Instinct, insight, and intuition. Not synamy…
thinking style
Information process style... being deliberative, logical, precis…
Intuitive style
Information process style... Being creative, following hunches a…
Business chapter 8
Hierarchy
Chain of command
Fayol & Weber
Weber added...
A system in which one person is at the top of an organization…
The line of authority that moves from the top of the hierarch…
Believed managers controlled their workers
Job descriptions, written rules, consistent procedures
Hierarchy
A system in which one person is at the top of an organization…
Chain of command
The line of authority that moves from the top of the hierarch…
business chapter 8
human resource management
business strategy
change agent
staff manager
the management of a wide range of responsibilities relating t…
the long-term plan of action adopted by an organisation to ac…
the individual leading or guiding process of change in an org…
a manager who provides specialist advice or assistance to fun…
human resource management
the management of a wide range of responsibilities relating t…
business strategy
the long-term plan of action adopted by an organisation to ac…
17 terms
chapter 8 business
benefits
compensation
diversity
downsizing
compensation in forms other than direct payment.
the amount of money paid to an employee for work performed, i…
the comprehensive inclusion of people with differences in per…
a planned reduction in the number of employees needed in a fi…
benefits
compensation in forms other than direct payment.
compensation
the amount of money paid to an employee for work performed, i…
33 terms
Business Chapter 8 vocab
operations mangament (OM)
manufacturing / production
operations
inputs
the development & administration of the activities involved i…
the activities & processes used in making tangible products
the activities & processes used in making both tangible & int…
the resources-such as labor/money/energy-that are converted i…
operations mangament (OM)
the development & administration of the activities involved i…
manufacturing / production
the activities & processes used in making tangible products
Chapter 8 Business
Opererations manager (om)
Manufacturing
Production
operations
the development in administration of the activities involved…
The activities and processes used in making tangible products…
The activities and processes used in meeting tangible product…
the activities and processes used to make both tangible and i…
Opererations manager (om)
the development in administration of the activities involved…
Manufacturing
The activities and processes used in making tangible products…
43 terms
Chapter 8 Business
Operations Management
What do operation managers do?
Inputs
Outputs
The development and administration of the activities involved…
Oversee the transformation process and the planning and desig…
Resources such as labor, money, materials, and energy.
Goods, services, and ideas.
Operations Management
The development and administration of the activities involved…
What do operation managers do?
Oversee the transformation process and the planning and desig…
29 terms
Introduction to Business Chapter 8
Service
Goods
Ideas
Operations Management
the action of helping or doing work for someone
merchandise or possessions
a thought or suggestion as to a possible course of action
All the activities required to produce goods and services
Service
the action of helping or doing work for someone
Goods
merchandise or possessions
Business Chapter 8 Terms
Hierarchy
Chain of Command
Organization Chart
Bureaucracy
ranked from the top down.
The line of authority that moves from the top of the hierarch…
A visual device; it shows who reports to whom.
Lots of Layers of managers; set rules and regulations and ove…
Hierarchy
ranked from the top down.
Chain of Command
The line of authority that moves from the top of the hierarch…
16 terms
BUSINESS VOCABULARY CHAPTER 8
Workforce
Downsizing
Outsourcing
Job Analysis
Is made up of all the people 16 years and older who are emplo…
Is a planned reduction in the number of employees needed in a…
Removes work from one company and sends it to another company…
Is a specific study of a job to identify in detail the job du…
Workforce
Is made up of all the people 16 years and older who are emplo…
Downsizing
Is a planned reduction in the number of employees needed in a…
24 terms
Chapter 8 business
Operations managment
Manufacturing
Input
Output
Development and administration of activities in transforming…
Activities used to make tangible products also called product…
Resources like labor, money, energy
Goods and services that result from conversion of input
Operations managment
Development and administration of activities in transforming…
Manufacturing
Activities used to make tangible products also called product…
39 terms
Business Chapter 8
Operations Management
Reshoring
Mass Production
Analytical Process
all of the activities required to produce goods and services
a situation in which U.S. manufacturers bring manufacturing j…
a manufacturing process that lowers the cost required to prod…
a process in operations management in which raw materials are…
Operations Management
all of the activities required to produce goods and services
Reshoring
a situation in which U.S. manufacturers bring manufacturing j…
Business chapter 8
Organiztion structure
Core competwncies
Work specialization
Line organizstion
Helps economy achieve goals by providing a framework for mana…
Are those activitys at which a company excels and that give i…
Specialization in or responsibilty for some portion of an org…
A chain of command systems that establishes a clear line of a…
Organiztion structure
Helps economy achieve goals by providing a framework for mana…
Core competwncies
Are those activitys at which a company excels and that give i…
Chapter 8 Business
Leadership
Initiative
Human Relations
Integrity
Taking a company and its employees in a direction based upon…
The ability to act and make decisions with/o the help or advi…
The study of how people interact in the workplace and how com…
An adherence to a code of ethical values such as honesty, loy…
Leadership
Taking a company and its employees in a direction based upon…
Initiative
The ability to act and make decisions with/o the help or advi…
Business Chapter 8
operations management
reshoring
mass production
analytical process
all the activities required to produce goods and services
a situation in which U.S. manufacturers bring manufacturing j…
a manufacturing process that lowers the cost required to prod…
a process in operations management in which raw materials are…
operations management
all the activities required to produce goods and services
reshoring
a situation in which U.S. manufacturers bring manufacturing j…
15 terms
business chapter 8
Technology
full-time
promotion
collective-bargaining
involves the use of automation to increase productivity
A work schedule for 30 or more hours
what an employee receives a ... she or he assumes more spots…
formal negotiation between management and union is known as
Technology
involves the use of automation to increase productivity
full-time
A work schedule for 30 or more hours
176 terms
Business Chapter 8
Accounting
Financial Accounting
Generally Accepted Accounting Principl…
Financial Accounting Standards Board (…
A system for recognizing, organizing, analyzing, and reportin…
The branch of accounting that prepares financial statements f…
A set of accounting standards that is used in the preparation…
The private board that established the generally accepted acc…
Accounting
A system for recognizing, organizing, analyzing, and reportin…
Financial Accounting
The branch of accounting that prepares financial statements f…
53 terms
Business Chapter 8
Employee Behavior
Performance Behaviors
Organizational Citizenship
Personality
the pattern of actions by the members of an organization that…
the total set of work-related behaviors that the organization…
positive behaviors that do not directly contribute to the bot…
the relatively stable set of psychological attributes that di…
Employee Behavior
the pattern of actions by the members of an organization that…
Performance Behaviors
the total set of work-related behaviors that the organization…
Chapter 8 business of foundation
Operations management
Reshoring
Mass production
Analytival process
All the activities required to produce goods and services
A situation in which U.S. manufacturers bring manufacturing j…
A manufacting process that lowers the cost required to produc…
A process in operations management in which raw materials are…
Operations management
All the activities required to produce goods and services
Reshoring
A situation in which U.S. manufacturers bring manufacturing j…
29 terms
Chapter 8 Business
Departmentalization
Job specialization
Economies of scale
Hierarchy
The dividing of organizational funtions into seperate units.
Dividing tasks into smaller jobs.
The situation in which companies can reduce their production…
A system in which one person is at the top of the organizatio…
Departmentalization
The dividing of organizational funtions into seperate units.
Job specialization
Dividing tasks into smaller jobs.
20 terms
business chapter 8
value
distributed product development
total product offer
product line
good quality at a fair price. when calculated, they look at t…
handing off various parts of your innovation process- often t…
everything that consumers evaluate when deciding whether to b…
a group of products that are physically similar or are intend…
value
good quality at a fair price. when calculated, they look at t…
distributed product development
handing off various parts of your innovation process- often t…
38 terms
Business Chapter 8
Japan
Operations management
Operations manager
mass production
country with most capita
All activities managers engage in to produce goods and services
A person who manages systems that convert resources into good…
a process that lowers the cost required to produce a large nu…
Japan
country with most capita
Operations management
All activities managers engage in to produce goods and services
Business Chapter 8
Employee Behavior
Performance Behaviors
Organizational Citizenship
Counterproductive behaviors
the pattern of actions by the members of an organization that…
the total set of work-related behaviors that the organization…
positive behaviors that do not directly contribute to the bot…
behaviors that detract from organizational performance
Employee Behavior
the pattern of actions by the members of an organization that…
Performance Behaviors
the total set of work-related behaviors that the organization…
40 terms
Business Chapter 8
Accounting
Who uses accounting?
Financial accounting
Generally Accepted Accounting Principl…
A system for recognizing, organizing, analyzing, and reportin…
Managers, stockholders, employees, creditors, suppliers, gove…
The branch of accounting that prepares financial statements f…
A set of accounting standards that is used in the preparation…
Accounting
A system for recognizing, organizing, analyzing, and reportin…
Who uses accounting?
Managers, stockholders, employees, creditors, suppliers, gove…
9 terms
Chapter 8 business
Initiative
Free rein leadership
Autocratic leadership
Democratic leadership
The desire to take action and get things done
Requires the leader to set goals for your managers and employ…
When you like to run everything yourself and answer to no one
Managers and employees work together to make decisions
Initiative
The desire to take action and get things done
Free rein leadership
Requires the leader to set goals for your managers and employ…
chapter 8 business
capacity
computer assisted design CAD
computer assisted manufacturing CAM
computer integrated manufacturing CIM
The maximum load that an organizational unit can carry or ope…
The design of components, products, and processes on computer…
Manufacturing that employs specialized computer systems to ac…
A complete system that designs products, manages machines and…
capacity
The maximum load that an organizational unit can carry or ope…
computer assisted design CAD
The design of components, products, and processes on computer…
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