Examlex

Solved

Please Define the Following Key Terms

question 17

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Seljuk Turks


Definitions:

Top-down Management

A management style where decision-making authority is concentrated at the top level of the organization and decisions are handed down to lower levels.

Opportunity Recognition

The process of identifying and seizing new business prospects or innovative product ideas.

Entrepreneurial Process

The series of steps or phases involved in recognizing an opportunity, creating a business, and cultivating it to achieve growth and success.

Development Expenditures

Costs incurred in the process of creating new products, services, or processes, including research and development investments.

Related Questions