click below
click below
Normal Size Small Size show me how
EOPA AWilson1
Entrepreneurship pathway
Term | Definition |
---|---|
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 |