Management
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
What are two responsibilities of HR?
Hiring
Onboarding
Training
Name one activity that is part of operations.
Misc. answers
is a business function that involves people, processes, and systems that collect, organize, store, and secure relevant data and information, and makes it accessible and useful for making informed decisions.
What is Information Management
is a route or plan of action designed to achieve certain goals and objectives.
What is strategy
Name one skill needed to be an effective manager.
Problem-solving skills mean an ability to make good trade-offs with limited resources, as well as to effectively handle difficult and/or complex business challenges
People skills means an ability to empathize with people and understand them and their current situation, while also effectively influencing, communicating, and interacting with them. Procedural skills means an ability to quickly learn and perform certain methods, sequences, or procedures in order to accomplish a task.
What is the purpose of employee onboarding?
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 quality control?
is the process of measuring and testing a product or service against the intended quality benchmarks, to ensure consistent quality
which is a computerized system that supports and enables the Information Management business function.
What is a MIS Management Information System
is a company's purpose
What is a mission statement
Whats another name for chain of command
What is ORG chart
Define the term "job description."
These are explanations and expectations of the duties and responsibilities of a job.
What is purchasing
is the organized acquisition of goods and services on behalf of a business.
is needed to keep company and customer information searchable, traceable, and connected. Data integrity refers to the accuracy and validity of data over its lifecycle. Maintaining data integrity helps companies keep true and accurate, real-time information to assist them with their decision-making.
What is Data Integrity
is a specific procedure or action used to support strategy in order to achieve goals and objectives
What is a tactic
How does management impact company culture?
managers manage that shape and reveal a company’s culture, and ultimately makes or breaks a company
How does effective HR affect company culture?
HR ensures the company “walks the talk” of the company values, in order to maintain good employee morale and relations.
Who manages all the suppliers in the supply chain, which is a company’s network of people, suppliers, activities, and resources that create and move a product from suppliers to the end consumer.
Purchasing
is about identifying, understanding, and predicting circumstances or events that might have negative consequences, and taking proactive measures to avoid these risks and effectively combat them if/when they occur
What is Risk Management
is an aspirational view of the future, that if the company is successful in accomplishing its purpose
What is a vision statement
What is the difference between a leader and a manager?
Managers just manage...leaders inspire and make you want to be better.
What is an exit interview?
Why is it important?
These are 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 for future improvement.
How do you calculate GROSS PROFIT
Total Revenue less cost of goods sold
an independent and unbiased inspection and review to evaluate the safety, integrity and accuracy of information, systems, processes, procedures and protocols.
What is an AUDIT
key metrics and measures that highlight the health of the business. It’s important to measure what you treasure, because usually what gets measured, gets done.