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Question | Answer |
---|---|
Vision | an encompassing explanation of why the organization exists and where it's trying to head |
Objectives | specific, short term statements detailing how to achieve the organizations goals |
SWOT Analysis | SWOT = Strengths, Weaknesses, Opportunities and Threats; a planning tool used to analyze an organizations strengths, weakness, opportunities and threats |
Operational Planning | the process of setting work standards and schedules necessary to implement the company's tactical objectives |
Decision Making | choosing among two or more alternatives |
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 |
Supervisory Management | managers who are directly responsible for supervising workers and evaluating their daily performance |