Monday, September 15, 2008


1. Added Value-Measure of output by an organization or industry.


2. Affirmative-Action Programs-


3. Autocratic Leadership Style-The characteristics of an autocratic style include:
-Work methods that are dictated by the autocratic leader
-Limited employee participation in most aspects of work
-Unilateral decision making by the leader

4. Balance Sheet-A summary of a peson's or organization's balances.


5. Benefits-Non-monetary employment compensation.


6. Break-Even Analysis-How much output or sales level can fall before a business reaches it break-even point, (B.E.P.)
7. Business Ethics-Examines ethical principles & moral or ehtical problems that arise in a business environment.


8. Centralized-Activities of an organization, particularly regarding decision-making, become concentrated within a particular location and/or group.


9. Clayton Act-Enacted in 1914 to the U.S. to add further substance to prevent anticompetitive practices in their incipiency.


10. Comparable Worth-An issue involving pay inequality between men & women.