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EOPA JRiley2

Entrepreneurship Pathway

TermDefinition
Vision An encompassing explanation of why the organization exists and where it's trying to head
Goals The broad, long term accomplishments an organization wishes to attain
Objectives Specific, short term statements detailing how to achieve the organizations goals
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 to be done
Operational Planning The process of setting work standards and schedules necessary to implement the company's tactical objectives
What does P.M.I stand for? Pluses, Minuses, Implications
What is PMI? Listing all the pluses for a solution in one column, all the minuses in another, and the implications in a third column
Supervisory Management Managers who are directly responsible for supervising workers and evaluating their daily performance
Middle Management The level of management that includes general managers, division managers, and branch and plant managers who are responsible for tactical planning and controlling
Top Management Highest level of management, consisting of the president and other key company executives who develop strategic plans
Created by: JRILEY21
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