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According to the Results of the GEM 2007 Study, About

question 36

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According to the results of the GEM 2007 study, about 1 out of every 20 American adults is actively engaged in starting a business or is the owner/manager of a business that is less than 3 1/2 years old.


Definitions:

Feedforward Controls

A management technique that involves monitoring inputs and providing feedback before tasks are carried out to ensure goals are met efficiently.

Preliminary Controls

Initial measures or procedures put in place to monitor and regulate processes or operations.

Objectives

Specific, measurable goals that are designed to achieve the overall aim of an individual or organization.

After-Action Review

A systematic assessment of lessons learned and results accomplished in a completed project.

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