hsc.csu.edu.au

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Definitions (59)

1

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restructure


To change an organisations methods or management structure to gain savings and improve profitability
Source: hsc.csu.edu.au (offline)

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assembly line


Production is organised along a moving line where each worker performs one process
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automation


The computer control of machine processes
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cnc lathe


Computer Numerically Controlled Lathe
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compensation


Money or benefits given to an employee to replace lost wages or expenses when he or she is injured at work
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computerisation


Replacing manual processes with computers and software packages, e.g. Accounting, drawing and designing
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conservation


Maintaining the levels and quality of natural resources for the future
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craftsmanship


The demonstration of well executed high order practical skills
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delegate


To pass duties to others, e.g. managers ask people in their department to perform a task for them
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design


The concept which links human ingenuity to selected activities in order to meet needs and find solutions. Design is a process that seeks to solve a problem in the best possible way.
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