| A | B |
|---|
| benefits | sources of compensation other than money |
| downsizing | a reduction in the workforce |
| commission | payment as a percentage of sales |
| compensation | wages and other benefits given to employees in exchange for their services |
| evaluation | objective analysis of employee's quality and quantity of work |
| incentive | performance based pay |
| outsourcing | moving operational functions of the company outside the company |
| piece rate | payment per unit produced |
| promotion | advancement of employee to a position with greater responsibility |
| salary | direct payment per week, bi-weekly or monthly |
| termination | ending employment relationship |
| transfer | assignment of employee to a job within another area with similar responsibility |
| management | process of efficient and productive operation to accomplish the goals of the business |
| planning | analyzing information, set goals based on information and make decisions to accomplish goals. |
| organizing | arrange resources in order to accomplish the goals of the business |
| staffing | obtaining, training, and compensating employees to accomplish the goals of the business |
| implementing | to direct and lead people to accomplish the goals of the business |
| controlling | determining whether a business accomplishes its goals |
| leadership | ability to inspire individuals in order to meet the goals of a business |
