Management 101

123456789101112131415161718192021
Across
  1. 2. A term used to describe almost any corporate activity that is managed by an outside vendor: from the running of the company’s cafeteria to the provision of courier services.
  2. 5. force A team most often designated to work on a very important issue or problem.
  3. 8. People who find ways around business difficulties; they persevere with a business plan at times when others run for the shelter of full-time employment.
  4. 10. Is the view of what the business will be like 10 to 20 years from now.
  5. 13. The way in which the requirements to enter different industries become so similar that firms can just as easily take part in one as in another.
  6. 16. Matrix This tool uses a tree diagram of alternatives and a list of weighted criteria. They are used to reduce the number of alternatives to those that are most significant in a structured, quantitive way.
  7. 17. Diagram A tam process tool that organizes ideas, generated through brainstorming, into natural groupings in a way that stimulates new creative ideas.
  8. 19. capabilities The business processes that visibly provide value to the customer.
  9. 21. The deeply ingrained operating rules or guiding beliefs of an organization.
Down
  1. 1. A process whereby a corporation adjusts to changed market circumferences.
  2. 3. This is the idea that individuals do not seek to maximize their benefit from a particular course of action, but rather that they seek something that is good enough.
  3. 4. Diagram This tool displays the cause-and-effect relationship between factors relating to a central issue.
  4. 6. The process of dealing with or controlling things or people.
  5. 7. Diagram Used to develop the best schedule and appropriate controls to accomplish an objective.
  6. 9. analysis A handy mnemonic to help planners think about corporate strategy; stands for strengths, weaknesses, opportunities, and threats.
  7. 11. A way of determining how well a business unit or organization is performing compared wit other units elsewhere.
  8. 12. Information about reactions to a product, a person’s performance of a task, etc., used as a basis for improvement.
  9. 14. Rewards One-time bonuses paid to the recipients immediately following an unusual or far-exceeds expectations type of contribution.
  10. 15. Is essential to linking the organization with its vision of the future. A good one of these will require leadership and be externally focused with customers in mind and will serve as a motivating “to be” or “to do”.
  11. 16. capability Measures the variation from all sources in a process as they affect the product.
  12. 18. Diagram Shows the complete range and sequence of subtasks required to achieve an objective.
  13. 20. Diagram An excellent way to show the relationships among various data.