Primary Business Activities
Key Terms
Key Terms (cont.)
Customer Service at its Finest
HR Management
100

Out of Financial Analysis, Human Resources Management, and Operations, which one deals with, "The process of planning,
maintaining, monitoring,
controlling, and reporting
the use of financial resources.

Financial Analysis

100

What term in our module means, "The process or activity of producing goods and services."

Production

100
In business, what are benefits?

Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance)

100

What should you do if a customer is being difficult?

Remain calm, continue to treat the customer with respect.

100

Which trend affects HR management more - globalization or lack of new technology?

Globalization

200

What is Human Resources Management?

The process of planning,
staffing, leading, and
organizing employees.

200

What is outsourcing?

Using outside organizations or consultants to perform one or more of the primary business activities.

200

What term means that you can "see the big picture" and how things fit together?

Conceptual Skills

200

Give an example of a touchpoint and why it's important.

Being out in public with your company work shirt on - you should "act right" so people get a favorable view of your company.

200

Out of compensation, benefits, and education planning, which would be considered an employee-assistance program?

Education Planning

300

What is another term for "data" management?

Information Management

300

What term means, "The process of planning, staffing, leading, and organizing the employees of the business."

Human Resources Management

300

Which terms refers to the evaluation of an employee/when an employee's work is monitored?

Controlling

300

Give an example of excellent customer service.

(Answers may vary.)

300

Out of performance management and minimum wage, which would be considered a compliance issue?

Minimum wage

400

What are the 4 P's of Marketing?

Price, Product, Promotion, Place

400

What term means, "The process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large." (Hint: 4 P's)

Marketing

400

Which term refers to providing guidance or motivation to employees and their work?

Directing

400

Instead of telling a customer, "I don't know," what is something else you could say?

(Let me find out, I'll go check for you, etc.)

400

Why is it important for HR Managers to provide accurate job descriptions and specifications?

So only qualified people submit applications; so people know what the job duties will be; so people know what skills are needed for the job; etc.

500

What type of planning involves long-term (3-5 years)?

Strategic Planning

500

What type of management is, "The process of accessing, processing, maintaining, evaluating, and disseminating business knowledge, facts, or data."

Information Management

500

State the three levels of management we discussed and briefly describe the roles of each.

First-line - Supervisors who work directly with the employees who carry out the business’s routine work.

Mid-level - Managers who report to top-level management and who have supervisors who report to them.

Top-level - All managers who are responsible for the operation of the company or a business unit.

500

When it comes to customer service, what is the most important resource involved?

Human Resources

500

What is the purpose of an exit interview?

For the company to receive feedback from the employee who is leaving.

M
e
n
u