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EOPA AWilson1

Entrepreneurship pathway

TermDefinition
What is SWOT Analyis? strength, weaknesses, Opportunities and threats; a planning tool used to analyze
What is Strategic Planning? the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals
What is Tactical planning? the process of developing detailed, short term statements about what is to be done, who is to do it, and how it is be done
What is operational planning? the process of setting work standards and schedules necessary to implement the company's tactical objective
what does PMI stand for? pluses, minuses, implications; listing all the pluses for a solution in one column, all the minuses in another, and the implications in a third column
Organization chart a visual device that shows relationships among people and divides the organization's work; it shows who is accountable for the completion of specific work and who reports to whom
supervisory management managers who are directly responsible for supervising workers and evaluating their daily performance
conceptual skill skills that involve the ability to picture the organization as a whole and the relationship among its various parts
What is staffing? a management function that includes hiring, motivating, and retaining the best people available to accomplish the company's objective
autocratic leadership leadership style that involves making managerial decisions without consulting others
Created by: amarilove_4
Popular Management sets

 

 



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