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EOPA TUshery3

TermDefinition
What are the phases of business cycles? economic boom, recession, a depression, recovery
Name three ways to foster a more ethical work environment Hire ethical employees Publish codes of ethics Ethics Training
Three traits common to leaders Drive to achieve Motivate to lead Integrity
What is anchoring The anchoring effect refers to the adjustment a decision maker carries out based on information presented to him
What is a matrix organization? Company structure in which the reporting relationships are set up as a grid, or a matrix
What are the four basic functions of management? controlling, leading, organizing, planning, staffing
A graphical chart that identifies tasks and deadlines in order to complete a project as a whole is? Gantt chart
Mangers with the functional title of directors or general managers are usually in the level of middle management
What is differentiation? making a product or service unique
Four elements of BCG Matrix stars, cash cows, question marks, dogs
Created by: TaylorUshery
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