EC-071
Planning, maintaining, monitoring, controlling, and reporting the use of financial resources. Is and example of?
Financial analysis
Involves deciding what work will be done and how it will be accomplished.
Planning
Involves more than just interviewing and hiring.
Staffing
The process of accessing, processing, maintaining, evaluating, and disseminating knowledge, facts, or data for the purpose of assisting business decision-making
What Is Information Management?
What's the relationship between Mcdonalds, Burger King. and Wendys?
Competition
Planning for organizational change?
Human resources management
Involves setting up the way the business’s work will be done.
Organizing
Is the part of staffing that involves seeking out and attracting qualified potential employees.
Recruiting
Anything that holds value for the organization is categorized as information and must be managed. It may be either __________
Walmart and target are an example of
Direct Competition
Accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data.
Information management
is an important management function because staffing helps the business find employees who know how to do the necessary work.
Staffing
Is pay for work completed.
Compensation
Employee confusion or misinformation, Information overload and No cookie-cutter approach are all types of _____________ in Information Management.
What are Challenges?
“We’ll meet or beat any competitor’s price.” Is an example of?
Price matching
Process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Marketing
Involves providing guidance to workers and work projects. Managers set the direction for the business and influence employees to follow in that direction.
Directing
Comprise a significant portion of the total package a company offers its employees.
Benefits
Being unprepared for audits or lawsuits, Dealing with privacy and
security issues, Being unprepared for a disaster and Going over on time and budget are all types of ________ in Information Management.
What are Risks
Some manufacturers also offer to return part of the purchase price a customer pays for a good or service. What is the name for that?
Rebates
Day-to-day activities required for continued business functioning.
Operations
Involves monitoring the work effort.
Controlling
Job candidates have certain rights during the application and interview process that businesses must respect.
Interviewing issues
Increased compliance laws and regulations, Increased competition, Increased number of electronic documents, Increased use of outsourcing are all ____________ in Information Management.
What are Trends
Black Friday is an example of?
Special sales