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EOPA CStanley2
entreprenuership pathway
Definition | |
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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 |
SWOT Analysis | Strengths, Weaknesses, Opportunities and Threats; a planning tool used to analyze an organizations strengths, weakness, opportunities and threats |