Editing User:Jukeboksi/BBA studies/Ethical Sourcing

* {{Q|'''Ethics''', also known as '''moral philosophy''', is a branch of [[w:philosophy|philosophy]] that involves systematizing, defending and recommending concepts of right and wrong [[w:action (philosophy)|conduct]].|Wikipedia|[[w:Ethics|Ethics]]}} 

* {{Q|In '''business''', the term word '''sourcing''' refers to a number of [[w:procurement|procurement]] practices, aimed at finding, evaluating and engaging [[w:supplier|supplier]]s of [[w:good (economics)|goods]] and [[w:service (economics)|services]]|Wikipedia|[[w:sourcing|sourcing]]}} 


= HRM =
{{Q|'''Human resource management''' ('''HRM''', or simply '''HR''') is the [[w:management|management]] of an [[w:organization|organization]]'s [[w:workforce|workforce]], or [[w:human resources|human resources]]. It is responsible for the [[w:Employer branding|attraction]], [[w:Recruitment|selection]], [[w:training and development|training]], [[w:Performance appraisal|assessment]], and [[w:remuneration|rewarding]] of employees, while also overseeing organizational [[w:leadership|leadership]] and [[w:organizational culture|culture]] and ensuring compliance with [[w:Labour law|employment and labor laws]].|Wikipedia|[[w:Human resource management|Human resource management]]}}

== Week 35 ==
* '''[[w:Employer branding]]''' Employer brand denotes an organisation's reputation as an employer. The term was first used in the early 1990s, and has since become widely adopted by the global management community.Minchington (2005) defines employer brand as "the image of your organisation as a 'great place to work'". Employer branding is concerned with enhancing your company's employer brand. ( Wikipedia )

*'''[[w:Recruitment]]''', [[w:fi:Rekrytointi]], refers to the process of attracting, screening, selecting, and onboarding a qualified person for a [[w:employment|job]]. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'. ( Wikipedia )

*'''[[w:Training and development]]''' is the field which is concerned with organizational activity aimed at bettering the performance of individuals and groups in [[w:organization|organization]]al settings.  It has been known by several names, including '''human resource development''', and '''learning and development'''. ( Wikipedia )

* A '''[[w:performance appraisal|performance appraisal]]''', [[w:fi:Kehityskeskustelu]], (PA), '''performance review''', '''performance evaluation''', '''(career) development discussion''', or  '''employee appraisal''' Often also called ''employee performance appraisal'', ''employee performance review'', etc. is a method by which the [[w:job performance|job performance]] of an [[w:employee|employee]] is evaluated. Performance appraisals are a part of [[w:career development|career development]] and consist of regular reviews of employee performance within [[w:organization]]s. ( Wikipedia )

* '''[[w:Remuneration|Remuneration]]''' is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as [[w:wage|wage]] or [[w:salary|salary]]. A number of complementary [[w:Employee benefit|benefits]], however, are increasingly popular remuneration mechanisms. ( Wikipedia )

*'''[[w:Business process outsourcing|Business process outsourcing]]''' ('''BPO''') is a subset of [[w:outsourcing|outsourcing]] that involves the [[w:contracting|contracting]] of the operations and responsibilities of specific business functions (or [[w:business process|processes]]) to a third-party service provider.
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== Week 38 ==

{{Q|A '''collective agreement''' or '''collective bargaining agreement''' ('''CBA''') is an agreement between employers and employees which regulates the terms and conditions of employees in their workplace, their duties and the duties of the employer. It is usually the result of a process of [[w:collective bargaining|collective bargaining]] between an employer (or a number of employers) and a [[w:trade union|trade union]] representing workers.|Wikipedia|[[w:collective agreement|collective agreement]]}}

= SCM =
{{Q|'''Supply chain management''' ('''SCM''') is the management of an interconnected or interlinked between  network, channel and node [[w:business|business]]es involved in the provision of [[w:Product (business)|product]] and [[w:Service (economics)|service]] packages required by the end customers in a [[w:supply chain|supply chain]].|Wikipedia|[[w:Supply chain management|Supply chain management]]}}

{{Q|'''Toimitusketjun hallinta''' (Supply Chain Management, SCM) tarkoittaa tavaroiden toimituksen ja palveluketjun optimointia. Kaikkien toimitusketjun osapuolien; toimittajien, jakelijoiden, alihankkijoiden ym. liikekumppaneiden yhdistämistä ja koko ketjun tehokasta hallinnointia. Tavoitteena on lisätä kaikkien jäsenten välistä kommunikointia ja siten alentaa kustannuksia, lisätä myyntiä ja tehostaa asiakaspalvelua.
|Suomenkielinen Wikipedia|[[w:fi:Toimitusketjujen ja logistiikan hallintajärjestelmä|Toimitusketjujen ja logistiikan hallintajärjestelmä]]}}

== Week 36 ==

* '''[[w:Raw material|Raw material]] [[w:Resource extraction|extraction]]''' and [[w:supplier|supply]]

* '''Component [[w:manufacturer|manufacturer]]s'''

* '''[[w:Final product|Final product]]''' manufacturers

* [[w:Reverse logistics|Reverse logistics]] is also needed in SCM ( already discussed in [[Logistics]] )

* '''[[w:Value chain management capability|Value chain management capability]]''' refers to an organisation’s capacity to manage the internationally dispersed activities and partners that are part of its [[w:value chain|value chain]]. ( Wikipedia )

::* '''[[w:Value chain|Value chain]]''' is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable [[w:product|product]] or [[w:Service (economics)|service]] for the [[w:market|market]]. ( Wikipedia )

'''4 strategic decisions'''

# What [[w:modes of transport]] to use ?
# What [[w:carrier|carrier]]s in each mode will the use ?
# Own [[w:fleet]] or hire outsiders ?
# Will the company manage transportation operations or [[w:Outsourcing|hire a 3rd party]] ?

* '''[[w:Just in time (business)]]''' ('''JIT''') is a production strategy that strives to improve a business [[w:return on investment|return on investment]] by reducing in-process [[w:invent ory|inventory]] and associated [[w:carrying cost|carrying cost]]s. ( Wikipedia )

*'''[[w:Fleet vehicles|Fleet vehicles]]''' are groups of [[w:motor vehicle|motor vehicle]]s owned or leased by a business or government agency, rather than by an individual or family. Typical examples are vehicles operated by [[w:Car rental|car rental companies]], [[W:Taxicab|taxicab companies]], [[w:Public utility|public utilities]], public bus companies, and police departments. In addition, many businesses purchase or lease fleet vehicles to deliver [[w:good (economics)|goods]] to customers, or for sales representatives to travel to clients. ( Wikipedia )

* '''[[w:International]] logistics''' vs.
* '''[[w:Global sourcing|Global sourcing]]''' is the practice of [[w:sourcing|sourcing]] from the global market for goods and services across [[geopolitical]] boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service. These efficiencies include low cost skilled labor, low cost raw material and other economic factors like tax breaks and low trade tariffs. ( Wikipedia )


== Week 39 ==
* '''[[w:Purchasing|Purchasing]]''' refers to a business or organization attempting to acquiring goods or services to accomplish the goals of its enterprise. ( Wikipedia )