Sectors or Mgmt
transforms raw materials into finished, usable goods through manufacturing, processing, and construction
What is the secondary sector?
The aspirational view of a company's future
What is vision?
The enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers
What is marketing?
This item is where information is stored.
What is a database
Active searching for the appropriate candidates to fill open positions within an organization.
What is Recruiting?
Where you spend the most time during your most productive years of life
What is work?
A specific procedure or action used to support strategy in order to achieve goals and objectives
What is a tactic?
The process of recording, maintaining, and reporting an organization’s financial transactions and records
What is accounting?
Raw, unstructured facts such as numbers and text
What is data?
it is referred to as "PD"
What is Professional Development?
An organizational structure that shows who each person reports to
What is chain of command or organizational chart?
Used alongside technology to make mass production possible
What are assembly lines?
the management of the assets, liabilities, equity, and cash flow of an organization, analysis like ROI and ROE, and financial planning of future growth
What is finance?
Independent and unbiased inspection and review to evaluate safety, integrity, and accuracy of information, systems, processes, procedures and protocols.
What is an audit?
The benefits that HR helps provide and manage for employees
What are health insurance, retirement plans, PTO, etc?
Involved in vision, strategy, leadership, and big decisions, at the highest levels department levels; third level of mgmt
What is Officer/Executive Level?
Key metrics and measures that highlight the health of the business
What are Key Performance Indicators or KPIs?
Place, Product, Price and Promotion
What are the 4Ps of Marketing?
any formula, pattern, process, design, or compilation of information used in business that provides a competitive edge because it is not generally known or easily discoverable
What is a trade secret?
An example of this is the Equal Employment Opportunity Act
What are employment laws?
The reason why a majority of people leave a job
What is manager?
The equation to figure Gross Margin
What is sales revenue minus cost of goods sold?
The core of business
What is People?
The protection of networks, devices, and data from unauthorized access or criminal use
What is cyber security?
The specific, required education, experience, skills, licenses, and personal attributes a candidate must posses to perform a job effectively
What are job qualifications?