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EOPA JRiley2
Entrepreneurship Pathway
Term | Definition |
---|---|
Vision | An encompassing explanation of why the organization exists and where it's trying to head |
Goals | The broad, long term accomplishments an organization wishes to attain |
Objectives | Specific, short term statements detailing how to achieve the organizations goals |
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 |
Operational Planning | The process of setting work standards and schedules necessary to implement the company's tactical objectives |
What does P.M.I stand for? | Pluses, Minuses, Implications |
What is PMI? | Listing all the pluses for a solution in one column, all the minuses in another, and the implications in a third column |
Supervisory Management | Managers who are directly responsible for supervising workers and evaluating their daily performance |
Middle Management | The level of management that includes general managers, division managers, and branch and plant managers who are responsible for tactical planning and controlling |
Top Management | Highest level of management, consisting of the president and other key company executives who develop strategic plans |