BMA QUIZ 1 Flashcards
Memorize
plan and decision single authority
centralisation
various authorities
decentralization
business management strategy, created by Motorola
six sigma
launch team, charter, plan projects, voice of customer, change
define
document, baseline data, narrow project
measure
generate, evaluate, optional solutions, pilot, plan and implement
improve
control, validate, project benefits
control
analyze, root cause, remove wastes
analyze
org structure autonomous system capable producing itself
viable systems model
meet demands surviving changing environment
viable systems model
adaptable
viable systems model
abstract cybernetic
viable systems model
applicable at any org
viable systems model
viable and capable of autonomy
viable systems model
formal record of financial act and position of business
financial statement (feedback)
overthinking causes
analysis paralysis (mistake)
unravel activities of competitors and competitive strategies create sustainable competition and advantage widen market
competitor analysis
establish time targeted objective
goal setting
objective, projected state of affairs, person/system achieve/brings out, desired end point, endeavor reach goals in finite time
goal
concept outperforms competition in some regard
competitive advantage
organization process maintaining a plan
planning
psychological process think activities required create desired goal
planning
planning tasks and events
scheduling
algorithm schedule set project act
critical path method
