Quality Indicators of the Eight Business Functions (Grade 10 NSC Matric Business Studies): Flashcards
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Accreditation (definition)
Accreditation (definition)
Official recognition of status or qualification to perform activity
Corporate Social Investment (CSI)
Corporate Social Investment (CSI)
Strategy improving social, environmental, economic community wellbeing
Jobbing in production
Jobbing in production
Custom work for specific customers
Data in administration
Data in administration
Facts and statistics collected for reference or analysis
Low staff turnover indicates
Low staff turnover indicates
Healthy employee-employer relationships and job satisfaction
Budget management prevents
Budget management prevents
Wastage and ensures sufficient cash allocation
Product differentiation purpose
Product differentiation purpose
Distinguish products from competitors by providing real value
Bulk purchasing benefits
Bulk purchasing benefits
Reduced costs through volume buying and negotiated discounts
Crisis management in PR
Crisis management in PR
Handling negative publicity quickly and professionally
Poor management results in
Poor management results in
Ineffective employees who complain and appear unhappy