Show:
Changing World
Management Evolution
Ethics and Culture
Entre.
Planning
100
Aging Population, Growth in World's Per Capita Income, Smaller Family size in developed nations, Increase in World Trade
What are major changes in the world
100
Frito Lay uses 1 million pounds of potatoes per day, so its difficult for the small owner to compete on price
What is an application of the concept of economies of scale.
100
Power Distance, Individualism, Uncertainty Avoidance, Masculinity, Long Term Orientation.
What are examples of Hofstede Cultural Dimensions.
100
a United States government agency that provides support to entrepreneurs and small businesses.
What is the Small Business Administration (SBA).
100
the specific actions you take in implementing your strategy.
What is tactical planning
200
Skills needed to be a manager
What is technical, communication, interpersonal skills
200
When a business allows no decision making at the local level or lower levels.
What is an example of centralized management.
200
Gather the facts Define the ethical issues Identify the affected parties (stakeholders) Identify the consequences Identify the obligations (principles, rights, justice) Consider your character and integrity Think creatively about potential actions Check your gut Decide on the proper ethical action and be prepared to deal with opposing arguments.
What is sample steps to making ethical decisions.
200
The business runs out of cash
What is the number ONE reason for small business failures.
200
defines, or outlines, the desired goals and why you should go about achieving them.
What is strategic planning
300
These skills increase and become more important: Communication, Conceptual, Skills These skills become Less important: Technical
What is how skill sets change as management level increases.
300
Management expert who states businesses and individuals should focus on improving their strengths so weaknesses become not important. He also was major in the Management by Objectives (MBO) development.
Who is Peter Drucker
300
Act of 2002 is legislation passed by the U.S. Congress to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise, as well as improve the accuracy of corporate disclosures.
What is Sarbanes Oxley.
300
1) Do what you love. 2) Start your business while you're still employed. 3) Don't do it alone. 4) Get clients or customers first. 5) Write a business plan. 6) Do the research. 7) Get professional help. 8) Get the money lined up. 9) Be professional from the get-go. 10) Get the legal and tax issues right the first time.
What are tips for starting a business
300
a plan devised for an outcome other than in the usual (expected) plan. It is often used for risk management when an exceptional risk that, though unlikely, would have catastrophic consequences.
What is contingency planning
400
To be self-reliant
What is to take full responsibility for yourself, your actions, and your career.
400
"The problem in almost never the problem". "Kindness is Free" "Management is about arranging and telling. Leadership is about nurturing and enhancing."
What are some Tom Peters quotes
400
John is from a culture which rarely if ever question an authority figure, in face he views employees who question authority as rude, undisciplined.
What is an example of a high power distance culture.
400
an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues.
What is a business plan
400
• Determine where you are. • Identify what’s important. • Define what you must achieve. • Determine who is accountable. • Review. Review. Review.
What are steps in strategic planning
500
An income of $34,000
What is income level to be in the world's top 1%.
500
Fred Taylor
Who introduced the scientific method of management.
500
Conditions that prevent new companies from setting foot in an industry. Examples include: Patents, Economies of scale, Geographic Barriers, Brand Loyalty.
What are barrier to entry
500
Yourself, friends and relatives
What are the most likely sources of initial funds for a start up business.
500
"A mere 7% of employees today fully understand their company's business strategies and what's expected of them in order to help achieve company goals." Robert S. Kaplan and David P. Norton, "The Strategy-Focused Organization," Harvard Business School Press, 2001
What is the challenge of goal alignment or the cascading of objectives.