Business Management I Vocab Practice (2.01)

Match the following

• Long-range planning (three to five years) for the company as a whole

• Compensation

• Fulfilling the requirements of the law

• Employee Safety

• Freedom from danger, risk, or injury in the workplace

• Telecommute

• To work from a location other than the office

• Compliance

• Pay or wages for work completed

• Strategic Planning

Match the following

• An oral or written expression of an employee's dissatisfaction

• On-The-Job Training

• Explanation of the skills, knowledge, and characteristics required for a job

• Employee Complaint

• The most common method of training; the employee learns by actually performing the job

• Job Specification

• Seeking out and attracting qualified potential employees

• Recruiting

• Explanation of responsibilities and tasks associated with a specific job

• Job Description

An employee-assistance program is a project organized and sponsored by a company to help its __________.

Outsourcing is acquiring assistance from outside ​ (a)   /consultants to accomplish business ​ (b)   or perform primary business ​ (c)   .

• organizations
• objectives
• activities

An __________ is a discussion with employees who are leaving that are designed to gain feedback for the business.

• Exit Interview

• Orientation

• Performance Review

• Organizational Restructuring

An _____________ is a job preparation or induction training in which new employees are acquainted with their surroundings, receive general information about the company and its policies, and are given specific information about their jobs.

• Exit Interview

• Orientation

• Performance Review

• Organizational Restructuring

______________ is a formal assessment by the supervisor of a worker’s job performance that lets the worker know how s/he is doing on the job.

• Exit Interview

• Orientation

• Performance Review

• Organizational Restructuring

_____________ is a significant change to a business’s structure or operations (e.g., merger, acquisition, downsizing).

• Exit Interview

• Orientation

• Performance Review

• Organizational Restructuring

Globalization is the rapid and __________ of capital, labor, and ideas across national borders.

Strategic Management is the ​ (a)   of ​ (b)   , ​ (c)   , and ​ (d)   an organization or department.

• process
• planning
• controlling
• organizing