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9 Cards in this Set
- Front
- Back
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What is a cause and effect (or Fishbone) diagram?
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A diagram that helps managers analyze a particular problem by thinking through the reasons a problem exists.
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What is Diversity?
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Differences among people within a group, stemming from variations in factors such as age, gender, ethnicity, religion, sexual preference, education, etc.
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What is Environmental Scanning?
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Careful monitoring of an organization's internal and external environments for detecting early signs of opportunities and threats that may influence its current and future plans.
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What is a Drill-down Technique?
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A problem-solving approach that gives planners a visual image of a problem by breaking the problem into progressively smaller parts.
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What is a Line Management Function?
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In an organizational structure, line management functions are often limited to product- and profit-producing functions that increase the bottom line such as engineering, production and marketing. Includes Sr. PR positions.
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How does an organization manage diversity?
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By recognizing the strengths and specific needs/
preferences of its diverse publics and employees and choosing strategies based on these strengths/perspectives. |
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What are Porter's Five Forces?
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Five important forces that affect competition: Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of a New Entry
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What is the Staff Management Function?
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It provides advice and counsel to those in line management positions.
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What is SWOT Analysis and how is it used?
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SWOT analysis helps a company understand its Strengths, Weaknesses, Opportunities and Threats. It is used business planning, strategic planning competitor evaluation, product development, etc.
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