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Ch. 10-14

47 cards·by lexistt
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craft union
an organization of skilled specialists in a particular craft or trade
Fair Labor Standards Act, 1938
Set a minimum wage and maximum basic hours for workers in interstate commerce industries
closed shop
The taft-hartley act mae this form of agreement illegal
union shop
employees hired must join the union to keep their job
agency shop
employees need not join the union but are required to pay union fee
mediation
ecourages both sides in a dispute to continue negotiating and often makes suggestions for resloving
arbitration
an impartial third party to render a binding decision in a labor dispute
Taft hartley act
recognized the legality of the union shop but granted individual states the power to outlaw such agreements through
Taylor Scientific method
Study workers to find the most efficient ways of doing things and then teaching people those techniques
time-motion studies
begun by Federick Taylor, which tasks must be performed to complete a job and time needed to do each task
principle of motion economy
theory developed by frank and lillian gilbreth that every job can be broken down in to a series of elementary motions
Hawthorne effect
the tendency for people to behave differently when they know they are being studied
Maslow's heirarchy of needs
theory of motivation based on unmet human needs from basic physiological needs to safty,social,and esteem needs to self-actualization needs
Herzberg's motivating factors
enthusiasm for workers and makes them work to full potential (14 steps)
Mcgregor's theory
theory x and theory y
Theory Z
blend of american and japanese management approaches
Management by objectives (MBO)
a system of goal setting and implementation; it involves a cycle of discussions, review, and evalution
expectancy theory
Victor Vrooms theory that the amount of effort employees exert on a specific task depends on their expectation of outcome
reinforement theory
positive and negative reinforcers motivate a person to behave in certain ways
equity theory
the idea that employees try to maintain equity between inputs and outputs compared to others in similar positions
job enrichment
amotivational strategy emphasizes motivating the worker through the job itself
job rotation
a job enrichment strategy that involves moving employees from one job to another
Civil Right Act of 1964
for firm with 15 or more employees, outlawd discrimination in employment based on sex, race, color, religion, or national origin
equal employment opportunity act 1972
strengthened the equal employment opportunity commission and authorized the EEOC to set guidelines for human resource management
affirmative action
employment activities designed to "right past wrongs) by increasing opportunities for minorities and women
reverse discrimination
discrimination against members of a dominsnt or majority group
job analysis
study of what employees do whohold various jobs titles
job desription
a summary of the objectives of a job, the type of work to be done, the responsibilities and duties
job specifications
a written summary of the minimum qualifications required of worker to do a particular job
contingent workers
employees that include part-time workers, temporary workers, seasonal workers
on-the-job training
training at the workplace that lets the employee learn by doing or by watching others for a while and tyen imitating them
vestibule training
training done in schools where employees are taught on equipment similar to that used on the job
management development
the process of training and educating employees to become good managers
mentor
an experienced employee eho supervises, coahces, and guides lower-level employees
cafeteria-style fringe benefits
fringe benefits plan that allows employees to choose the benefits they want uo to a certain dollar amount
job sharing
an arrangement whereby two parrt-time employees share one full-time job
marketing mix
products, price, place, promotion
secondary data
information that haas already been compiled by other and pulished in journals and books or made available
primary data
data that you gather yourself
question
answer
product line
a group of products that are physically similar market
specialty good & services
consumer products with unique characteristics and brand indentity
industrial goods
goods or b2b goods
product life cycle
theoretical model of what happens to sales and profits for a products class over time
price leadership
one or more dominant firms set a pricing practice that all competitors in an industry must follow
psychological pricing
pricing goods and services at price points that make the product appear less expensive than it is
total product offers
everything that consumers evaluate when deciding whether to buy something; also know called avalue package.