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WGU D073 Best Practices in Management
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2.attrition: It is not to replace employees when they leave
3."Great Man": A nineteenth-century theory that states that history
is largely explained by the impact of great men or heroes and their superior intellect and other attributes.
4.360 evaluation: A process through which feedback from an
employee's subor- dinates, colleagues and supervisors as well as a self-evaluation by the employee themselves is gathered
5.Accounts receivable: Money owed to a company by its debtors
6.acquisitiveness: Excessive interest in acquiring money or material
objects
7.affiliative: The need to form social or emotional bonds with others
8.balance sheet: A statement of assets, liabilities, and capital for an
organization at a particular point in time
9.assumptions: Anything that is accepted as true or certain to
happen, without proof
10.assets: Property owned by an organization or individual
11.attributes: A quality or feature of something. 1 / 2
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12.behavioral theory: Behavioral theory is based on the premise that
behaviors are conditioned as a result of experiences with the environment; anyone can be trained to behave in a preferred way.
13.bias: A prejudice in favor or against one thing, person or group
compared to another, usually in a way that is considered unfair or unjust
14.bottom-up approach: Starts with the employees. They are surveyed
as the main users of a system to gather information on how to implement a change
15.business indicators: Numbers that may indicate a positive or
negative trend. Examples include demand for product, profit margin, revenue, professional devel- opment levels of workforce, market share, amount of debt, and deals finalized by the sales team.
16.business units: A logical segment of a business representing a
specific busi- ness function and which has its own vision, strategy, and direction
17.capital assets: Capital assets are significant pieces of property such
as build- ings, cars, investment properties, stocks and bonds
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