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EOPA KGreen2
ENTREPRENEURSHIP
Question | Answer |
---|---|
Decision Making | choosing among two or more alternatives |
Problem Solving | the process of solving the everyday problems that occur. problem solving is less formal than decision making and usually calls for quicker action |
Brainstorming | coming up with as many solutions to a problem as possible in a short period of time with no censoring of ideas |
PMI | 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 |
Organization Chart | a visual device that shows relationships among people and divides the organization’s work; it shows who is accountable for the completion of specific work and who reports to whom |
Top Management | highest level of management, consisting of the president and other key company executives who develop strategic plans |
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 |
Supervisory Management | managers who are directly responsible for supervising workers and evaluating their daily performance |
Technical Skills | skills that involve the ability to perform tasks in a specific discipline or department |
Human Relations Skills | skills that involve communication and motivation; they enable managers to work through and with people |