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EOPA SAmos2

Entrepreneurship Pathway

TermDefinition
SWOT Analysis Strengths, Weaknesses, Opportunities and Threats; a planning tool used to analyze an organizations strengths, weakness, opportunities and threats
Operational Planning the process of setting work standards and schedules necessary to implement the company's tactical objectives
Contingency Planning the process of preparing alternative courses of action that may be used if the primary plans don't achieve the organizations objectives
PMI 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
Conceptual Skills skills that involve the ability to picture the organization and the relationship among its various parts
Free-Rein Leadership leadership style that involves managers setting objectives and employees being relatively free to do whatever it takes to accomplish those objectives
Knowledge Management finding the right information, keeping the information in a readily accessible place, and making the information known to everyone in the firm
External Customers dealers, who buy products to sell to others, and ultimate customers (or end users), who buy products for their own personal use
Internal Customers individuals and units within the firm that receive services from other individuals or units
Ledgers books in which financial records are written
Created by: shalai
 

 



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