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EOPA ABrathwaite1
Entrepreneurship
Question | Answer | Question | Answer | |
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Define and explain the cost of leadership | A Competitive strategy by which a company create a low of operation within their industry . The use of this strategy is primarily to gain an advantage over competitors by reducing operating the costs below that of others in the same industry . | what is corporate level strategy ? | Corporate level strategy is concerned with the strategic decisions a business makes that affects the entire organization financial performance,mergers and acquisitions, human resource management l | |
what is a swot analysis? | A swot analysis is a technique that evaluates a company's internal strengths and weaknesses and it's external oppurtunities and treats | |||
The most efficient form of organization according to max weber is ? | Bureaucracy | |||
List the steps of the decision making process | 1) Identify the problem 2) Seek information 3) Brainstorm solutions 4) Choose Alternative 5)Implement Plan 6) Evaluate Outcome | |||
A graphical chart that identifies tasks and deadlines in order to complete a project as a whole is best described as | (pg.506-507 Red Book | what is Value -Creating strategy - | A value- creating strategy is one in which the business seeks to edge out its competitive by gaining more market share | |
Managers with the functional title of directors or general managers are usually in the level of middle management | Middle Management | Value- Neutral Strategy | A business can employ a value - neutral strategy when the organization isn't so much concerned with allocating resources. | |
A graphical chart that identifies tasks and deadlines in order to complete a project as a whole is ? | Gnatt Chart |