Objectives on the sight
Identify the elements: What are the 3 elements to identify in a problem?
context, characters involved, identify the problem
What is a Gantt chart?
shows activities or tasks performed against time.
What is the difference between task, goals and objectives?
-A goal is the outcome
-objectives are smaller steps
-A task is a specific activity
What are the 4 levels of strategic planning?
operational, strategic, tactical, contingency
What is a commercial objective?
Is an explanation for why your company exists and what customers can expect from your organization.
What are de 6 main areas of a business?
direction, Human Resources, production, sales & marketing, finance and IT
What does SMART technique stands for
Specific, Measurable, Achievable, Realistic, Time bound
Explain each strategic planning:
long, mid, short term. Plan B
What is profitability?
financial gain
What is Human Resources in charge of?
The personal working in the company, hiring and making sure they fulfill the profile that is asked for.
What is the mission of a business?
What identifies the business, who they are.
What is a SWOT analysis?
analyze a business looking at the following:Strength, Weaknesses, Opportunities and Threats
What is a hierarchy?
a system or organization in which people or groups are ranked one above the other according to status or authority.
What are the values of a business?
beliefs, philosophies and principles
What is an Ansoff Matrix?
analyses 4 strategies of growth and risk of a company
Mention 3 types of organization and explain.
Hierarchical, Horizontal, Matrix, Circular, etc.
What is the vision of a business?
The goals that are reach to be achieved.
Mention the 4 strategies of the Ansoff Matrix
existing market, new market, new products, existing products