WorkKeys - Workplace Documents

WorkKeys - Workplace Documents

Assessment

Flashcard

English, Business, Professional Development

9th - 12th Grade

Easy

Created by

Wayground Content

Used 1+ times

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a nondisclosure agreement?

Back

An agreement that binds parties to secrecy, usually concerning employees, investors, and others with whom a business owner needs to share a trade secret or other sensitive information.

2.

FLASHCARD QUESTION

Front

What does breach of contract mean?

Back

Occurs when one party in a binding agreement fails to deliver according to the terms of the agreement.

3.

FLASHCARD QUESTION

Front

What is arbitration?

Back

A method of settling disputes outside of court in which the parties involved agree to accept the decision of a third party.

4.

FLASHCARD QUESTION

Front

Define confidentiality.

Back

The state of keeping secret or not disclosing information.

5.

FLASHCARD QUESTION

Front

What is capital in a business context?

Back

Money or wealth used to generate income or to invest in a business or asset.

6.

FLASHCARD QUESTION

Front

What is a policy in a workplace?

Back

A set of guidelines or principles that govern decisions and actions within an organization.

7.

FLASHCARD QUESTION

Front

What is risk management?

Back

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.

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