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Semester Exam BUSIM2

AB
Hard skills –skills that can be easily taught and measured such as computer skills, language skills, and machinery skills
Soft skills –usually called “people” skills such as communication, teamwork, and problem-solving skills; not as easily measurable
Teamwork -Diversity -Goals
Rewards -Increased employee morale, Increased productivity, Increased customer base, Increased revenue
Consequences-Loss of business. Employee termination, Defective products, Possible injury
Q: What are “hard” skills and why are they important at work? A: They are the teachable skills such as computer skills and language skills that help us with the technical aspects of our jobs.
Q: What are the “soft” skills are why are they important?A: They are called the “people” skills and, because every business has customers, these are the skills that attract and keep the customers.
Q: Why is the soft skill of following directions important in business?A: If employees do not follow directions such as employment policies, they can lose their jobs. If directions are not clear, products can become defective or injuries can result. As a result, business can be lost.
Project definition –what the project is, brainstorming, who is on the project team, what are the objectives, what will it look like when it is completed (also called completion criteria).
Project planning –task breakdown, schedule, research.
Benefits of project management -. Less risk involved. Projects completed on time. Projects completed with budget. Attention to details.
Parts of project management -Project definition, project analysis, project planning, project execution.
What are the four process of project management -Project definition, project analysis, project plannine, project execution?
Q: What can a flow chart show in a project?A: The specific tasks involved as well as the order of the tasks.
Q: What is the purpose of a Gantt chart?A: To show a visual timetable of project tasks.
Flowchart-a graphic representation, using symbols interconnected with lines, of the successive steps in a procedure or system.
Benefits of Project Planning- A. Reduces risk and surprises B. Ensures inclusion of all details C. Enables deadlines to be met
SWOT analysis- a decision-making tool; the acronym stands for strengths, weaknesses, opportunities, and threats.
Retrospective-looking backward to reflect upon past actions.
Q: Why conduct a cost-benefit analysis of a project?A: A cost-benefit analysis compares the costs and benefits of a project. Ideally, the benefits will outweigh the costs, thus making a project successful.
Communication -“the imparting or interchange of thoughts, opinions, or information by speech, writing, or signs”.
Verbal communication –communication using words, includes oral and written
Visual communication –communication using visuals such as charts, graphs, or pictures.
Oral Communication-communication involves speaking and is conducted in a ‘real time’ manner
Written Communication -also includes printed documents and can be viewed any time.
Types of Communication -A. Verbal 1. Oral 2. Written
What is Visual Communications:1. Charts 2. Graphs
Communication Process -A. Sender, B. Receiver, C. Channel, D. Message


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