Long term Non-Permanent Team
Task Force
U.S. Manufacturers bring manufacturing jobs back to US
Reshoring
Small Business Number of employees
<= 500 employees
Line of authority from highest to lowest levels of organization
Chain of Command
POLC
Planning, Organizing, Leading, Controlling
Informal Organizational Communication
Grapevine
Raw materials are broken into different component parts
Analytical process
Departmentalization Types
Customer, Function, Product, Location
Guide for Starting Business
Business Plan
SWOT
Strengths, Weaknesses, Opportunity, Threats
Many levels and layers of management
Centralization
Types of Utilities to satisfy customer needs
Form, Place, Time, Possession
Partially completed products and inventory
Work-in-Process
Money invested in small firms that have potential to become successful
Venture Capital
Design process of how to implement Strategic plan
Tactical
My Way or the Highway style of Mgmt
Autocratic
CAM Software
Computer and Control aided manufacture process
Assembly Line type of Facility Layout
Product
Government agency that assists, counsels, protects interests of small businesses in the US
Small Business Administration
Combines vertical and horizontal lines of authority.
Matrix Leadership
Number of products/services an organization can produce in a given time
Capacity
Quality Control process which compares your process with other Production Processes
Benchmarking
SCORE
Service Corps of Retired Executives
Identify problems, generate alternatives, select “best” alternatives
Analytic
Assigned or Granted in Delegation Process
Responsibility, Authority, Accountability