Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
25 Cards in this Set
- Front
- Back
|
Strategic Planning |
long term planning |
|
|
Operational planning |
short term planning |
|
|
SWOT analysis |
an examination of a businesses internal strengths and weaknesses |
|
|
mission statement |
a short, specific statement of a businesses purpose and direction |
|
|
vision |
a broad,lasting, and often inspirational view of a company's reason for existing |
|
|
goal |
a specific statement of a result the business is expecting to achieve |
|
|
schedule |
a time plan for reaching objectives |
|
|
standard |
a specific measurement on which something is measured |
|
|
policies |
guidelines used in making decisions... |
|
|
procedure |
a list of steps to be followed... |
|
|
organizational chart |
a drawing that shows the structure of an organization |
|
|
responsibility |
obligation to do an assigned task |
|
|
authority |
the right to make decisions about assigned work... |
|
|
empowerment |
the authority given to individual employees... |
|
|
accountability |
the obligation to accept responsibility... |
|
|
unity of command |
no employee reports to more than one supervisor at one time... |
|
|
span of control |
the number of employees that only one manager supervises directly |
|
|
line organization |
all authority and responsibility can be traced in a direct line |
|
|
line-and-staff-organization |
managers have direct control over the units and employees |
|
|
matrix organization |
divides employees into temporary work teams |
|
|
team organization |
divides employees into permanent work teams |
|
|
self directed work teams |
team members together are responsible for the work assigned to the team |
|
|
centralized organization |
a few top managers do all top planning... |
|
|
decentralized organization |
in this structure a very large business is divided into smaller... |
|
|
flattened organization |
fewer levels of management than traditional structures |
