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Chapter 14 Vocabulary Business Management

AB
motivationset of factors that influence an individual's actions toward accomplishing a goal
work teama group of people who cooperate to achieve a goal
process improvementefforts to increase the effectiveness and efficiency of specific business operations
achievement needpeople who take personal responsibility for their own work and set their own goals
affiliation needconcerned more with relationships and getting along with others
power needpeople who want to influence and control others
hygiene factorsjob factors that dissatisfy when absent
motivatorsfactors that increase satisfaction
variancedifference between a current performance and the standard
Just in Time inventoryinventory system where company maintains very small inventories and obtains materials just in time for use


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