Human Resoures -organization Flashcards
(135 cards)
Labor unions
Group of workers who coordinate their activities to achieve common goals (e.g., better wages, hours, and working conditions; job security; training) in their relationship with an employer or group of employers; also called trade union.
HR Audit
Process to measure the effectiveness and efficiency of HR programs and positions.
Information Management (IM)
Use of technology to collect, process, and condense information of information as an organizational resource.
Intellectual property (IP)
Creations of the mind such as inventions, literary and artistic works, symbols, names, images, and designs used in commerce; as much an asset as is physical property.
outsourcing
Buying services externally rather than producing them internally.
Pareto chart
Vertical bar graph on which bar height reflects frequency or impact of causes.
Performance appraisal
Process of measuring employees’ adherence to performance standards and providing feedback.
Performance management
Process of maintaining/improving employee job performance
Nominal group technique
Group of individuals who meet face-to-face to forecast ideas and assumptions and prioritize issues.
Offboarding
Process of managing the way employees leave the organization.
Organizational development
Process of enhancing the effectiveness and efficiency of an organization and the well-being of its members through planned interventions.
Organizational exit
Process of managing the way employees leave the organization.
Mobile learning
Digitized instructional content delivered to wireless mobile devices (e.g., smartphones, tablet computers, notebooks, and digital readers).
Multi-criteria decision analysis (MCDA)
Decision-making tool in which a team determines critical characteristics of a successful decision; a matrix is used to score each alternative and compare results.
Multiple linear regression
Statistical method that can be used to project future demand; more than one variable is utilized.
Multinational enterprise (MNE)
Organization that owns or controls production or services facilities in one or more countries other than the home country.
Measuring
Process of collecting and tabulating data.
Mergers and acquisitions (M&A)
Combination of two separate firms either by their joining together as relative equals (merger) or by one acquiring the other (acquisition).
Metrics
Performance parameters based on the relationship between two or more measures.
Mediation
Method of non-binding dispute resolution involving a third party who helps disputing parties reach a mutually agreeable decision; also known as conciliation.
Leniency errors
Errors that are the result of appraisers who don’t want to give low scores.
Line units
Work groups that conduct the major business of an organization.
Key performance indicators (KPIs)
Quantifiable measures of performance used to gauge progress toward strategic objectives of agreed standards of performance.
Industrial actions
Various forms of collective employee actions taken to protest work conditions or employer action.