MBA 530 midterm - MBA 530 Midterm Section I Definitions 1...

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MBA 530: Midterm Section I: Definitions 1. Efficiency: The ability to complete a task without washing time, materials or energy. 2. Organization : is social arrangement which pursue collective goal controls. Its own performance and has a boundary separating it from its environment. 3. TQM: is long term approach the customer oriented management method. Its goal is to satisfy customers’ needs or exceed their expectation. 4. Baby boomer : the people born between 1946- 1964 make up the largest demographic segment today’s us population. 5. CSR : corporate social responsibility: is about how companies manage the business process to produce an overall positive impact on society. 6. Core/ Noncore-Core: key business output is goods and services. Noncore: Supporting is more like HK function, IT= Information technology 7. Effectiveness: Degrees to which objectives are achieved and the extent to which targeted problems are resolved. 8. Globalization : describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation and trade. 9. Multinational Corporation : Corporation that has production facilities in at least on foreign country and makes its major management decisions in a global context. 10. Diversity : All forms of individual differences, including culture, gender, age, ability, religion, personality, social status and sexual orientation. 11. Personalit y: a relatively stable set of characteristics that influence an individual’s behavior
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12. Contingency Theory: depends on certain variables. 13. Job satisfaction : a pleasurable or positive emotional state resulting from the appraisal of one’s job or experience. 14.
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MBA 530 midterm - MBA 530 Midterm Section I Definitions 1...

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