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Chapter 14 Vocabulary (Entrepreneurship & Small Business Management)

AB
Conceptual SkillsSkills that help one to see the relationships among the parts of the enterprise and to visualize its future.
ManagerPerson who coordinates the people, processes, and other resources of your operation on a daily basis.
Operational PlansPlans that address short-range objectives for the implementation of tactical plans.
Organizational StructureExplanation of how the departments in a business relate to each other.
Quality Control ProgramA check for quality that is built into the production process to make sure products meet certain standards.
Situational ManagementThe use by managers of whichever leadership style their circumstances dictate.
Strategic PlansLong-range objectives based on long-term goals used to map out a business for three to five years.
Tactical Marketing ObjectiveMarketing objectives that a business plans to reach within one year.
Tactical PlansPlans that focus on a period of one year or less.
Total Quality ManagementA style of management based on customer satisfaction.
Working Management PlanA plan that serves as a reference point for making short-term decisions.
Time ManagementThe process of allocating time effectively.


Career Management Teacher
South Robeson High School
Rowland, NC

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