business definitions

business definitions - environmental opportunities and...

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Goals: objectives that a business hopes to schieve mission statement: an organization's statement of how it will achieve its purpose in the environment in  which it conducts its business strategy formulation: creation of a broad program for defining and meeting an organization's goals. Strategic goals: long-term goals derived directly from a firm's mission statement SWOT analysis: identification and analysis of organizational strength's and weaknesses and 
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Unformatted text preview: environmental opportunities and threats environmental analysis: the process of scanning the environment for threats and opportunities organizational analysis: the process of analyzing a firm's strengths and weaknesses strategic plans: plans that reflect decisions about resource allocations, company priorities, and steps needed to meet strategic goals...
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This note was uploaded on 03/17/2011 for the course ADM 1300 taught by Professor Koppel during the Spring '08 term at University of Ottawa.

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