MATCHING KEY TERMS AND DEFINITIONS
-A formal document that states an organization's primary values and the ethical rules it expects organizational members to follow.
A)Multinational corporations
B)Work process engineering
C)Contingent workforce
D)Baby-boomers
E)Knowledge workers
F)Outsourcing
G)Downsizing
H)Acquisition
I)Core employees
J)Rightsizing
K)Workforce diversity
L)Code of ethics
M)Quality management
N)Kaizen
O)Globalization

Question

Quizplus · Accepted Answer

A code of ethics is a formal document that outlines an organization's ethical standards and values.

Answer: A
 Multinational corporations are businesses that operate in multiple countries.

Answer: C
 The contingent workforce includes temporary or part-time workers who are hired on an as-needed basis.

Answer: D
 Baby-boomers are individuals born between 1946 and 1964.

Answer: E
 Knowledge workers are employees who are highly skilled and knowledgeable in a specific area.

Answer: F
 Outsourcing is the practice of hiring another company to perform a task or job that is typically done in-house.

Answer: G
 Downsizing is the practice of reducing the size of an organization's workforce.

Answer: H
 Acquisition refers to the process of one company purchasing another company.

Answer: I
 Core employees are permanent, full-time employees who are integral to the functioning of the organization.

Answer: J
 Rightsizing is the process of restructuring an organization's workforce to meet current business needs.

Answer: K
 Workforce diversity refers to the variety of differences among an organization's employees, including differences in race, gender, age, abilities, and more.

Answer: M
 Quality management refers to the practices an organization uses to ensure that its products or services meet or exceed customer expectations.

Answer: N
 Kaizen is a Japanese philosophy that focuses on continuous improvement in all aspects of an organization.

Answer: O
 Globalization refers to the increasing interconnectedness of the world's economies, cultures, and populations.