TOWS matrix -
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A matrix that compares a company's strengths and weaknesses against its
opportunities and threats, providing general direction.
SWOT analysis -
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form of analysis, resulting in a listing of a company's strengths, weaknesses,
opportunities, and threats. It is a static view of the company at a particular
point in time.
, Vision Statement
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More compelling and overarching than the mission statement, an image of
the organization in the future that motivates employees to focus their
actions toward a common point.
Economies of scale
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Low unit costs that result from producing on a large scale.
Criteria of effective mission statement
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1) Be short;
2) Be simple;
3) Be company-specific;
4) Be actionable
5) Be measurable.
What are non-financial performance measures?
Give this one a try later!
Give this one a try later!
A matrix that compares a company's strengths and weaknesses against its
opportunities and threats, providing general direction.
SWOT analysis -
Give this one a try later!
form of analysis, resulting in a listing of a company's strengths, weaknesses,
opportunities, and threats. It is a static view of the company at a particular
point in time.
, Vision Statement
Give this one a try later!
More compelling and overarching than the mission statement, an image of
the organization in the future that motivates employees to focus their
actions toward a common point.
Economies of scale
Give this one a try later!
Low unit costs that result from producing on a large scale.
Criteria of effective mission statement
Give this one a try later!
1) Be short;
2) Be simple;
3) Be company-specific;
4) Be actionable
5) Be measurable.
What are non-financial performance measures?
Give this one a try later!
