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EOPA JReid1
Entrepreneurship Pathway
Question | Answer |
---|---|
What is management? | the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources. |
SWOT Analysis? | SWOT= Strengths,Weakness, Opportunities and Threats; a planning tool used to analyze an organizations strengths, weakness, opportunities and threats. |
Depreciation | The loss in value of an intangible asset( e.g. a vehicle) |
Mortgage | a long term bank loan to purchase a home or other real estate. |
Who came up with The Bureaucratic Management Theory | Max Weber |
What are the 3 leadership styles | Autocratic, Laissez- Fair, and Democratic |
Consumer Price Index | measures changes in the prices of about 400 goods and services that consumers buy |
What are the 4 phases of business cycles? | Economic boom, Recession, a depression, recovery |
A sales forecast helps retailer | Maintain accurate purchasing records |
What is tactical planning | the process of developing detailed , short term statements about what is to be done, who is to do it, and how it is to be done |