Bus 100 Week 1 Knowledge Check
STUDY GUIDE
5 Points
Michael Plahm
Business Enterprise
BUS 100
Chapters 8-13
Chapter 8
The process of integrating new employees in an organization is called Orientation.
Mentoring and career planning is an example of Human Resource Development.
Performance management and evaluation is concerned with maintaining a positive work environment.
Pensions and insurance are examples of benefits.
Human resource management should be in compliance with the law of safety and health standards.
The two types of HR careers in an organization are generalist and a specialist.
Chapter 9
Information technology refers to the combination of hardware and software products along with services and …show more content…
11
The definition of risk insurance is extra compensation paid to an insurance company, over amounts usually considered normal, in return for their undertaking to engage in activities.
Loss reduction focuses on reducing the costs of any losses that do occur that is reducing the severity of risk.
Risk management is the process of identifying and treating risk.
The process of transferring the risk to another party involves a non-insurance contract.
A deductible occurs when a payout for a loss takes place.
Casualty insurance deals with covering legal issues to others arising out of accidents.
Risk pooling means what to spread the losses incurred by few members over an entire group.
Indemnification means compensation for a loss and/or the expenses incurred. An insurance premium involves.
Underwriting involves the process by which insurance companies decide which potential customers to insure and the coverage that insured’s will be offered.
The function of the actuarial department is to calculate the probability of loss.
Chapter 12
Who sets the ethical climate and degree of social responsibility in an organization? The
5 Points
Michael Plahm
Business Enterprise
BUS 100
Chapters 8-13
Chapter 8
The process of integrating new employees in an organization is called Orientation.
Mentoring and career planning is an example of Human Resource Development.
Performance management and evaluation is concerned with maintaining a positive work environment.
Pensions and insurance are examples of benefits.
Human resource management should be in compliance with the law of safety and health standards.
The two types of HR careers in an organization are generalist and a specialist.
Chapter 9
Information technology refers to the combination of hardware and software products along with services and …show more content…
11
The definition of risk insurance is extra compensation paid to an insurance company, over amounts usually considered normal, in return for their undertaking to engage in activities.
Loss reduction focuses on reducing the costs of any losses that do occur that is reducing the severity of risk.
Risk management is the process of identifying and treating risk.
The process of transferring the risk to another party involves a non-insurance contract.
A deductible occurs when a payout for a loss takes place.
Casualty insurance deals with covering legal issues to others arising out of accidents.
Risk pooling means what to spread the losses incurred by few members over an entire group.
Indemnification means compensation for a loss and/or the expenses incurred. An insurance premium involves.
Underwriting involves the process by which insurance companies decide which potential customers to insure and the coverage that insured’s will be offered.
The function of the actuarial department is to calculate the probability of loss.
Chapter 12
Who sets the ethical climate and degree of social responsibility in an organization? The