🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

1. Cost center - A division or department that brings in no revenue or profit for the organization, only costing money to run. 2. Revenue centers - Divisions or departments that ge... 1. Cost center - A division or department that brings in no revenue or profit for the organization, only costing money to run. 2. Revenue centers - Divisions or departments that generate monetary returns for the organization. 3. Productivity center - A revenue center that enhances the profitability of the organization through enhancing the productivity of the people within the organization. 4. Productivity - The amount of output that an organization gets per unit of input, with human input usually expressed in terms of units of time. 5. Effectiveness - A function of getting the job done whenever and however it must be done. 6. Efficiency - A function of how many organizational resources we used in getting the job done. 7. Turnover - Permanent loss of workers from the organization, can be voluntary (quitting) or involuntary (firing). 8. Absenteeism - Temporary absence of employees from the workplace. 9. Social media - Emerging tools and platforms used in various HRM functions like recruiting, onboarding, training, and performance management. 10. Recruiting and selection - Use of social media platforms like LinkedIn for finding and evaluating job candidates. 11. Onboarding process - Using social media to help new hires get up to speed and integrated into the organization. 12. Knowledge workers - Workers who "use their head more than their hands" and manage knowledge for the firm. 13. Dependent variables - Items that managers must control, like productivity, employee engagement, turnover, and absenteeism, but can only influence indirectly. 14. Independent variables - Variables that managers can directly control in order to impact the dependent variables. 15. Technical skills - The ability to use methods and techniques to perform a task. 16. Interpersonal skills - The ability to understand, communicate, and work well with individuals and groups through developing effective relationships. 17. Conceptual and design skills - The ability to evaluate a situation, identify alternatives, select a reasonable alternative, and make a decision to implement a solution. 18. Business skills - The analytical and quantitative skills necessary to understand and contribute to the profitability of the organization. 19. Line managers - Individuals who create, manage, and maintain the people and processes that produce the organization's products/services. 20. Staff managers - Individuals who advise line managers in their areas of expertise.

Understand the Problem

The question provides definitions and explanations of various management terms and concepts related to organizational structures and human resource management.

Answer

Answer for screen readers
Thank you for voting!
Use Quizgecko on...
Browser
Browser