Saturday, October 9, 2010

MISC

Psychological Conflict: (ex) Difficulty making a decision.

Non programmed decisions: are New complex decisions that have no "proven" answers.

Why mangers ignore problems: Uncertainty in how much time or energy will be spent upon the project.

Contingency Planning: Having a plan for the way things could possibly work in X- number of years. Or a back up plan.

Individual- Level Conflict: (ex) A fight between employees on the first level of management.

Programmed Decisions: Decisions that have been made before, have correct answers, and can be solved using rules, regulations, and policies.

Demographics: (ex) training to rely on entry level workers is a macroenviromental influence.

Economy: (ex) Global stock markets  is an economical macroenvironmental force.

Monitor and Control: A step in the planning process that is sometimes ignored.

Strategic Goals: End results that can relate to long term survival, growth, and value of a company.

Offshoring: When a company moves to another location (wages are lower).

NAFTA: Combined economies of the US, Canada, and Mexico.

IPO: Initial Public Stock Offering.

Franchisee: New Chain Owner.

Bootlegging: Pursuing New ideas on company premises.

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