Introductory to Monsters inc Flashcards

1
Q

Top Down management

A

Decisions are made by a few people in authority rather than by the people who are affected by the decisions.

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2
Q

Innovation/ Innovator

A

The use of a new idea or method/ someone who makes the ideas, methods.

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3
Q

Monopoly

A

An organization that has complete control of something like an entire industry.

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4
Q

Business motto/ slogan

A

A short easily remembered Phrase to used to advertise.

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5
Q

Business logo

A

A picture/ image to represent the company.

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6
Q

Incorporated

A

A company or group of company’s controlled by one organization.

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7
Q

Leader

A

A person in control of the Group, company, situation

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8
Q

Supervisor/ Management

A

A person who supervises/ manages something.

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9
Q

Executive/ Chief officer

A

Someone in a high up position who often makes the decisions and puts them into action.

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10
Q

Organization chart

A

A diagram that shows the structure and relationships of an organization.

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11
Q

Chain of Command

A

The way people in an organization have authority. The top person has the most then down the chart.

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12
Q

CEO

A

Chief Executive Officer

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13
Q

CFO

A

Chief Financial Officer

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14
Q

VP

A

Vice President

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15
Q

COO

A

Chief Operating Officer

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16
Q

Corporate activism

A

Public stance taken by a major company to positively impact social change.

17
Q

Business portfolio

A

A group of products, Services and business units.

18
Q

For functions of management

A

Planning, Organizing, Leading and controlling

19
Q

Business regulations

A

A law that controls the way that a business can operate.

20
Q

SWOT Analysis

A

(strengths, weakness, opportunities, and threats) Analysis is a framework used to evaluate a companies competitive position and develop strategic planning.