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Vocabulary 1
Vocabulary 2
Vocabulary 3
Vocabulary 4
Misc.
100
Defined as the way to get things done
What is management
100
The goods a business owns
What is inventory
100
A method all unions follow to present a complaint
What is a grievance report
100
Rules that define right and wrong
What are ethics
100
The item a Gantt Chart measures
What is time
200
The theory that focuses on improvements to areas that are important to customers
What is return on quality
200
The time it takes from when an item is ordered until it is delivered
What is lead time
200
The process for contract negotiation
What is collective bargaining
200
The process of attracting applicants to a business
recruitment
200
CAD stands for what? There are two.
What is Computer Aided Design or Computer Aided Drafting
300
A very valuable resource that cannot be "saved" and is easily wasted
What is time
300
A timetable, created by the operations manager, for turning a design into a product
What is a schedule
300
Acts as a judge, reviewing both sides of a labor dispute in order to make a decision
What is an arbitrator
300
Deciding who to hire
What is selection
300
True or False- It is easier to increase profit by reducing the cost of inventory than by increasing sales
What is True
400
The ability to schedule activities and focus on a scheduled activity
What is time management
400
The process of hiring, training, motivating, and keeping productive employees
What is human resource management (HRM)
400
An obligation of a business to have a positive impact on society
What is social responsibility
400
Individuals who apply for jobs
What are applicants
400
Planning, Controlling, Organizing, Directing
What is functions of management or management functions
500
Include important elements of product design, scheduling, inventory, and purchasing
What is operations management
500
A group of workers in the same position or industry
What is a labor union
500
States why a business exists
What is a mission statement
500
Help people become better communicators and find a job
What is networking
500
Levels of management
What are Top, Middle, and First-Line