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Business
Business Flash Cards
| Question | Answer |
|---|---|
| S.W.O.T | Strengths Weaknesses Opportunities Threats |
| P.E.S.T | Political Economical Social Technological |
| S.M.A.R.T | Specific Measurable Achievable Relevant Time-bound |
| The 4 Criteria | Effectiveness Efficiency Competitiveness Stakeholder |
| What is strategy? | Is a plan of action to achieve a long term goal. |
| What are tactics? | Are steps to achieve that goal. |
| Business Goals | Profitability Market Share Growth Employment Sustainability Fulfillments and needs |
| Ownership Structures | Sole Trader Partnership Private Company Public Company |