Enterprise and Employability

HideShow resource information

SMART

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. 

3 of 3

Comments

No comments have yet been made

Similar Personal and Social Education resources:

See all Personal and Social Education resources »See all Handy definitions for a Business plan resources »