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Chp 5 Staffing, Leading and Controlling

AB
work teamgroup of individuals who cooperate to achieve a common goal.
motivationa set of factors that influence an individual to accomplish a goal.
operationsmajor ongoing activities of a business.
operations managementefficiently directing the major activities of a business.
process improvementefforts to increase the effectiveness and fficiency of specific business operation.
physiological needsthings that are required to sustain life
security needsmaking sure you and those you care about are safe and free from harm.
social needsthe need to belong, to interact with others, to have friends.
esteem needsthe desire for recognition and respect from others
self-actualizationneed to grow emotionally and intelectualy
achievement needtake personal responsibility for their own work.
affiliation needconcerned about their relationships with other and work to get along with others.
power needwant to influence and control others and be responsible for a groups activities
hygiene factorsjob factors that dissatisfy when absent but do not contribute to satisfaction when present
motivatorsfactors that increase job satisfaction
quantity standardestablishes the expected amount
quality standarddescribes expectted consistency in production or performance
time standardestablished amount of time needed to comlete and activity
profitincome minus expenses
cost standardpredetermined cost of performing an operation
variancediffernece between current performance and the standard
inventoryall the products busines shas on hand for use in production and available for sale
just-in-time inventory controlmethod where inventories are maintained in small amounts and are obtained just in time for use.
creditprovision of goods and services to a customer with an agreement for future payment.


Business Educator
Polytechnic High School
Fort Worth, TX

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