EC-071
An organized effort to produce goods and services
What is a business
Top level management job titles
What is president, senior vice president, and chief executive officer?
The people who work to produce goods and services
What is human resources?
People who go into business know that the business may not succeed
What is business risk?
Every business must accomplish...
What is produce/provide goods or services?
Managers must be able to...
What is communicate clearly?
The first task in the HR management activity of staffing
What is determining needs?
The act of reducing or removing risks by shifting the risk factor to another person or business
What is transferring?
A primary business activity
What is marketing?
Main purpose of management
What is to accomplish a businesses goals?
Seeking out and attracting qualified potential job candidates
What is recruiting?
A union strike that stops production at a manufacturing plant
What is operational risk?
Financial analysis occurs when a business..
What is keeps accurate expense records?
A manager who helps an employee count the money in a cash drawer and prepare a bank deposit is demonstrating...
What is technical skills?
A job specification
What is the skills, knowledge, and characteristics required for a job?
The general classifications of business risks
What is hazard, operational, strategic, and financial?
Activity that demonstrates information management
What is storing and retrieving information?
Top level managers receive lots of money because...
What is their decisions affect the entire company?
On-boarding activity
What is orientation?
Financial loss from investing time and money to comply with accounting standards
What is regulatory and political issues?