SMART- Refers to the objectives of a business. They must be:
S Specific
M Measurable
A Achieveable
R Realistic
T Time specific
1 of 3
SWOT
SWOT- can be used at the planing stage of a business
Strengths
Weaknesses
Opportunities
Threats
2 of 3
Handy Definitions
Mindmapping- linking ideas together
Brainstorming- Generating ideas
Risk/reward assessment- Refers to the risk of what may go wrong and what the enterprise may gain from an activity. It also looks at how big/small each may be.
Comments
No comments have yet been made