EXAMS, STUDY GUIDES, ESSAYS, NOTES & GOOD GRADES

What is the FLSA law? distinguishes between exempt and nonexempt employees sets minimum wage, maximum hour, and child labor provisions What is the EPA act? The Equal Pay Act prohibits unequal pay for men and women who perform equal work What is the Pregnancy Discrimination Act? states that pregnancy is a disability and qualifies a woman to receive the same benefits she would with any other disability What is the ERISA? The employee retirement income security act protects private...

Mission An organization's basic purpose and scope of operations Outsourcing Contracting with an outside provider to produce one or more of an organization's goods or services Operational planning The process of identifying the specific procedures and processes required at lower levels of the organization Plans The actions or means managers intend to use to achieve organizational goals Resources Inputs to a system that can enhance performance Scenario A narrative ...

Six Sigma focuses on the statistical sign for standard deviations(sigma) which at "6" would translate into less than 3.4 defects/mistakes per million. ISO 9001 Established by the international standards organization and used globally, this quality standards process revolves around eight principles. Concept of Reengineering Cutting Costs by focusing on what the customer wants and how the value chain can be improved Quality Assurance (QA) complete system to assure the qualit...

Initial Public Offering Sale to the public, for the first time, of federally registered and underwritten shares of stock in the company Opportunity Analysis Description of good or service, assessment of the opportunity, assessment of entrepreneur (self), specification of activities and resources needed to translate idea into a viable business, and source of capital Downsizing Planned elimination of positions or jobs Rightsizing A successful effort to achieve an appropriate size ...

A difference between Maslow's need hierarchy and Alderfer's ERG theory is that: Maslow's needs theory has general applicability, whereas Alderfer's ERG theory aims at understanding people's needs at work. If an automobile manufacturer expands its business from building cars into producing a line of motorcycles, it is using which strategy? concentric diversification Which of the following is the primary reason why a company might pursue a conglomerate diversification stra...

Activity-based costing (ABC) A method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the amount of time employees devote to particular activities Accommodation A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests Negotiation and rewards Method for managing resistance to change that is relatively easy but has a dr...

According to McClelland's needs theory, the need for _____ involves a strong desire to be liked by other people. socialized power achievement personalized power affiliation association affiliation Following Herzberg's model, Hackman and Oldham proposed a more complete model of _____. empowerment expectancy reinforcement job design self-actualization job design Herzberg's two-factor theory highlights the distinction between: positive and negative reinforcement. ...

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Angelique wants to go on a vacation, but she's anxious about whether or not she's going to get a year-end bonus at work. She knows that she is less likely to get a bonus if she doesn't meet her sales target. She has a 5.88% chance of missing her sales target, and 60% of associates who miss their targets do not receive a bonus. What is Angelique's probability of missing her sales target, and subsequently not receiving a bonus? a) 1.32% b) 1.98% c) 2.35% d) 3.5% 3.5% What is the probabi...

Consider the following equation, y+8x=−2 . What is the y -intercept of a line with this equation? a −2 b 2 c 8 d −8 -2 Using the scatterplot below, what type of correlation is suggested? Scatterplot displaying data points distributed from lower left to upper right. Points are relatively close to one another. a No correlation b Weak negative positive c Moderate positive d Strong negative Moderate positive When constructing a line of best fit, what must be minimized?...