Shared Flashcard Set

Details

Unt2
Foundations of Managment
13
Business
Undergraduate 1
06/11/2011

Additional Business Flashcards

 


 

Cards

Term
Aquisition
Definition
One firm buying another
Term
Barriers to entry
Definition
conditions that prevent new companies from entering an industry
Term
Benchmarking
Definition
The process of comparing an organizations practices and technologies with those of other companies.
Term
Buffering
Definition
creating supplies of excess resources in case of un-predictable needs
Term
Comptetive enviroment
Definition
The Immediate enviroment surrounding a firm" Includes Suppliers, customers, the rival, and the like.
Term
Competetive Intelligence
Definition
Informationa that helps manaer determine how to compete better
Term
Cooperative Strategies
Definition
Strategies used by two or more organizations working together to manage the external Enviroment.
Term
Defenders
Definition
Companies that stay within a stable product domain as a strategic maneuver
Term
Demographics
Definition
Measures of various characteristics of the people who make up groups or other social units
Term
Diversification
Definition
A firms investment in a different product, business or geographic area.
Term
Diversiture
Definition
A firm selling one or more business.
Term
Domain Selection
Definition
Entering a new market or industry with an existing expertise.
Term
Empowerment
Definition
The Process of sharing power to employees, therby enhancing there confidence in there ability to perform their jobs and thier belief that they are influential contributors to the organization.
Supporting users have an ad free experience!