Entrepreneurship Finals Reviewer

The process of accomplishing a plan to make a business concept a reality

• business idea

• business implementation

• business organizing

• business structuring

Daily activities that a business engages I bn.

• business operations

• operation workflow

• business analysis

• business planning

It shows the interrelationship of positions of individuals in a business enterprise.

• business operation

• functional structure

• organizational structure

• business implementation

Organizational structure is applicable to small businesses

• simple structure

• functional structure

• divisional structure

• matrix structure

The visual layout of a business process.

• operation workflow diagram

• business layout

• operation elements

• business flowchart

A process that involves ensuring sufficient raw materials, staff, and other necessary items to create finished products.

• dynamic planning

• production planning

• production schedule

• production programming

The allocation of resources, processes, or events to create goods or services

• production plan

• product line

• production schedule

• static planning

The overall administration of business to create the highest level of efficiency within an organization.

• operations management

• operational supervision

• operational control

• enterprise delivery system

The process of overseeing the activities of business operations, department or facility, and managing the efficiency of employees.

• operations management

• operational supervision

• operational control

• enterprise delivery system

The main purpose of bookkeeping.

• to publicize the recent developments in the business

• to inform the public of its new product innovation

• to keep a record of all financial transactions of the business

• to inform the investors of the investment of the business