click below
click below
Normal Size Small Size show me how
EOPA BLawton 1
Entrepreneurship Pathway
| Question | Answer |
|---|---|
| What is the definition of Management? | Controlling and making decisions about a business, department, sports team, etc. |
| What are the function of management? | Planning, organizing ,leading, and controlling |
| What is Tactical Planning? | Developing short term statements about is to be done, who is to do it, and how it is to be done. |
| What are two different types of Tactical Planning? | Operational and Contingency |
| Define tactical skills. | Skills that involve the ability to perform tasks in a specific discipline or department |
| What is Free-Rein leadership? | A leadership style that involves managers setting objectives and employees being relatively free to do whatever it takes to accomplish those objectives |
| what are the two branches of Economics? | Macroeconomics and microeconomics |
| What does microeconomics study? | The behavior of people and organizations in a particular market |
| What does macroeconomics study? | The operation of a nations economy as a whole |
| Define economics? | The study of how society chooses the employ resources and distribute them for consumption among competing and individuls |