Chapter 7&8 Flashcards
1
Q
PMI
A
Pluses minus and implications putting in a list for the solution
2
Q
Benchmarketing
A
Comparing ab organization’s practices, progresses and products against the worlds best
3
Q
Core competencies
A
Those functions that the organization can do as well as or better than any other organization in the world
4
Q
Organizational/corporate culture
A
Widely shared values within an organization that provide unity and cooperation to achieve goals
Can also be negative
5
Q
Four functions of management
A
- planning
- leading
- organizing
- controlling
