Setting a new direction or vision for a group that they follow
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Management
Controls or directs people/resources in a group according to principles or values that have been established
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PEST Analysis
Acronym for Political, Economic, Social, and Technological. This analysis is used to assess these four external factors in relation to your business situaton.
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Porter's Five Forces Framework
A tool for analyzing competition of a business.
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Laissez-faire Leadership
type of leadership style in which leaders are hands-off and allow group members to make the decisions.
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Democratic Leadership
type of leadership style in which members of the group take a more participative role inn the decision-making process
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Autocratic Leadership
type of leadership style characterized by individual control over all decisions and little input from group members
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Bureaucratic Leadership
type of leadership style based upon fixed official duties under a hierarchy of authority, applying a system of rules for management and decision-making
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Paternalistic Leadership
a managerial approach that involves a dominant authority figure who acts as a patriarch or matriarch and treats employees and partners
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Rationalisation
a reorganization of a company in order to increase its efficiency
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Ansoff Matrix
a strategic planning tool that provides a framework to help executives, senior managers, and marketers devise strategies for future growth
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Decision tree
a graphical representation of a decision making process within a business
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Other cards in this set
Card 2
Front
Controls or directs people/resources in a group according to principles or values that have been established
Back
Management
Card 3
Front
Acronym for Political, Economic, Social, and Technological. This analysis is used to assess these four external factors in relation to your business situaton.
Back
Card 4
Front
A tool for analyzing competition of a business.
Back
Card 5
Front
type of leadership style in which leaders are hands-off and allow group members to make the decisions.
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