Informing potential customers that a product or service exists, and the results they should expect from using it.
What is Promotion?
Items that don’t wear out quickly; they last a long time (i.e three years as a rule of thumb), like trains, planes and cars, tvs, smartphones, and soccer balls.
What is Durable Goods?
A strategic plan and process for new employees to learn the company’s culture, mission, vision, systems, processes, goals and expectations, and become contributing members of the team.
What is Onboarding?
Recruit, interview, hire and orient the appropriate people to fill organizational roles.
What is Staffing?
Inspiring, motivating, influencing, and maximizing the efforts of people towards a common purpose.
What is Leadership?
One in which businesses are privately owned and run by people rather than the government.
What is Private Enterprise System?
The process of teaching the necessary skills and knowledge needed to be successful in a certain job role.
What is Training?
Explanations and expectations of the duties and responsibilities of a job.
What is Job Description?
An ability to quickly learn and perform certain methods, sequences, or procedures in order to accomplish a task.
What is Procedural Skills?
The ability to care, empathize and understand the needs of others.
What is Emotional Intelligence?
Items that are quickly consumed; they only last a short period of time, like fast food, coffee, shampoo, and deodorant.
What is Non-durable Goods?
The active searching for the appropriate candidates to fill open positions within an organization.
What is Recruiting?
Refers to the people who work in an organization, and the group that staffs the organization, maintains personnel records, and administers benefits like medical insurance.
What is Human Resources?
An ability to make good trade-offs with limited resources, as well as to effectively handle difficult and/or complex business challenges.
What are Problem-Solving Skills?
These are what a company believes, its business practices around how teammates treat one another, and how the company treats its customers.
Who is Company Values?
To analyze and identify the needs and wants of customers, build products, solutions and strategies to satisfy those needs and wants, better and more effectively than its competitors, and to achieve the goals of the organization itself.
What is Marketing Concept?
Ongoing training and education that an individual takes to enhance or improve the skills or traits necessary to excel in their career/profession.
What is Professional Development (“PD”)?
A conversation a company has with an employee who is leaving the company, to find out the reason for the decision, and to use this information future improvement.
What are Exit Interviews?
An ability to empathize with people and understand them and their current situation, while also effectively influencing, communicating, and interacting with them.
What is People Skills?
The shared beliefs, values, goals, attitudes, and behaviors of a company’s employees; a company culture combines employee feelings about their work with how it motivates them to serve the company’s mission.
What is Company Culture?
The enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers for their benefit and for the benefit of society as a whole.
What is a Marketing?
A process in which new hires are introduced to a company, their fellow employees, and the work environment.
What is Orientation?
The total cash and benefits that an employee receives in exchange for their work performed for the organization.
What is Compensation?
Refers to planning, organizing, staffing, controlling and leading people, processes, and assets in order to achieve a goal or task in the best way possible.
What is Management?
An organizational structure that shows who each person reports to.
What is Chain of Command