Management Concepts
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Publicado: 18 de agosto de 2011
FINAL EXAM GUIDE
MANAGEMENT II
CHAPTER VII
ENTREPRENEURSHIP
The pursuit of lucrative opportunities by enterprising individuals.
Entrepreneurship
Individuals who establish a neworganization without the benefit of corporate sponsorship.
Entrepreneur
New-venture creators working inside big companies.
Intrapreneurs
An entrepreneurial alliance between a franchisor (an innovatorwho has created at least one successful store and wants to grow) and a franchisee (a partner who manages a new store of the same type in a new location).
Franchising
Protected environments for new,small business.
Business Incubators
Sale to the public, for the first time, of federally registered and underwritten shares of stock in the company.
Initial Public Offering (IPO)
People´sjudgment of a company´s acceptance, appropriateness, and desirability, generally stemming from company goals and methods that are consistent with societal values.
Legitimacy
A competitive advantage inthe form of relationships with other people and the image other people have of you.
Social Capital
CHAPTER VIII
ORGANIZATION STRUCTURE
The reporting structure and division of labor in anorganization.
Organization Chart
A process in which different individuals and units perform different tasks.
Specialization
The legitimate right to make decisions and to tell other people what todo.
Authority
The authority levels of the organizational pyramid.
Hierarchy
Subdivisions of an organization.
Subunits
The number of subordinates who report directly to an executive orsupervisor.
Span of Control
The assignment of new or additional responsibilities to a subordinate.
Delegation
The assignment of a task that an employee is supposed to carry out.
ResponsibilityAn organization in which high-level executives make most decisions and pass them down to lower levels for implementation.
Centralized Organization
An organization in which lower-level managers...
MANAGEMENT II
CHAPTER VII
ENTREPRENEURSHIP
The pursuit of lucrative opportunities by enterprising individuals.
Entrepreneurship
Individuals who establish a neworganization without the benefit of corporate sponsorship.
Entrepreneur
New-venture creators working inside big companies.
Intrapreneurs
An entrepreneurial alliance between a franchisor (an innovatorwho has created at least one successful store and wants to grow) and a franchisee (a partner who manages a new store of the same type in a new location).
Franchising
Protected environments for new,small business.
Business Incubators
Sale to the public, for the first time, of federally registered and underwritten shares of stock in the company.
Initial Public Offering (IPO)
People´sjudgment of a company´s acceptance, appropriateness, and desirability, generally stemming from company goals and methods that are consistent with societal values.
Legitimacy
A competitive advantage inthe form of relationships with other people and the image other people have of you.
Social Capital
CHAPTER VIII
ORGANIZATION STRUCTURE
The reporting structure and division of labor in anorganization.
Organization Chart
A process in which different individuals and units perform different tasks.
Specialization
The legitimate right to make decisions and to tell other people what todo.
Authority
The authority levels of the organizational pyramid.
Hierarchy
Subdivisions of an organization.
Subunits
The number of subordinates who report directly to an executive orsupervisor.
Span of Control
The assignment of new or additional responsibilities to a subordinate.
Delegation
The assignment of a task that an employee is supposed to carry out.
ResponsibilityAn organization in which high-level executives make most decisions and pass them down to lower levels for implementation.
Centralized Organization
An organization in which lower-level managers...
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