Flashcards in Terms Deck (108)
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1

"Great Man"

A nineteenth-century theory that states that history is largely explained by the impact of great men or
heroes and their superior intellect and other attributes.

2

360 evaluation

A process through which feedback from an employee's subordinates, colleagues and supervisors as well
as a self-evaluation by the employee themselves is gathered

3

accounts receivable

Money owed to a company by its debtors

4

acquisitiveness

Excessive interest in acquiring money or material objects

5

affiliative

The need to form social or emotional bonds with others

6

allocation

To distribute or to give each person a portion of something.

7

assets

Property owned by an organization or individual

8

assumptions

Anything that is accepted as true or certain to happen, without proof

9

attributes

A quality or feature of something

10

attrition

It is not to replace employees when they leave

11

authoritarian

To act in a dictatorial manner. Enforcing strict obedience.

12

balance sheet

A statement of assets, liabilities, and capital for an organization at a particular point in time

13

behavioral theory

Based on the premise that behaviors are conditioned as a result of experieneces with the evironment; anyone can be trained to behave a preferred way

14

bias

A prejudice in favor or against one thing, person, or group compared to another, usually in a way that is considered unfair or unjust

15

bottom-up approach

Starts with the emploees. They are surveyed as the main users of a system to gather information on how to implement a change

16

business indicators

Numbers that may indicate a positive or negative trend. Examples include demand for product, profit margin revenue, professional development levels of workforce, market share, amount of debt, and deals finalized by the sales team.

17

business units

A logical segment of a business representing a specific business function and which has its own vision, strategy, and direction

18

capital assets

Significant pieces of property such as buldings, cars, investment properties, stocks, and bonds

19

cash disbursements

The money paid out by an organization to settle an obligation

20

cash receipts

The money received by an organization as payment for a good or service

21

central-tendency

The tendency for data to move toward the mean value over time. Central tendency is also a measure of
a single value that describes how data cluster around a central value. This value can be used to
represent a sample.

22

change management

Includes all of the processes involved to prepare, support, and lead individuals, groups, or organizations
in making a change

23

channel richness

The ability of the channel to handle multiple cues at the same time, to provide rapid feedback, and to
facilitate a more personal conversation

24

cloud technologies

Any hosted services delivered over the internet. There are three broad groups of services: Infrastructure
as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)

25

commodity

A raw material or primary agricultural product that can be bought or sold. A commodity is a basic good
used in commerce that is interchangeable with other basic goods

26

contingency

A future event or circumstance that cannot be predicted with absolute certainty

27

contract employee

An individual retained by a company for a particular purpose, price, and time period. Since a contract
worker is not an employee, the company does not provide traditional employee benefits

28

costs

Financial measure of the resources used or given up to achieve a stated purpose

29

culture change

The behavior of humans interacting in a group or organization and the meaning they assign to that
behavior. It may include the company vision, values, norms, systems, symbols, language, beliefs, and
habits. Culture is ingrained and therefore very difficult to change

30

currency exchange rate

The value of two currencies in relation to each other. The rate of which usually depends on supply and
demand