GMS 200 Study Guide - Final Guide: Angel Investor, Sole Proprietorship, Venture Capital

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Horatio Morgan

Document Summary

April 22, 7:00pm 90 questions + 30 lecture. In our evaluation of walmarts approach to planning, we noted that it primarily gains direction from two factors. 4& maturity: review the cupcake case from lecture, concepts to review: first-mover advantage, business plan, intrepreneurship (creative people within the company finding new ways to do things and coming up with new ideas and products for the company). Shorter chains of command *not too many in between in terms of distribution of power between positions in firm//less unity in command traditional management each person has one boss but can report to others too. Workers required to take on more tasks that used to be done by mgmt. Companies becoming more decentralized company nowadays (take production geographically faraway or different places) 6. we are having a consistent decline in the number of employees working in companies: concepts to review departmentalization, cross-functional team. Review the earlier review materials for the midterm exam.