What is an SME?

1-What is an SME? How is it measured the size of a company?

An SME are smalland medium enterprise.It size is mesaure by:

-the numbre of employees (staff headcount.)

-Balance sheet.

-Annual turnover

2.- Main differences a similarities between an organization and a company

An organization is a group of people working together in a logical way to achieve a goal. A company is the same but they also create value and probability.

3.What is the separation between ownership and control? Explain it in detail.

Ownership:

-Are the ones that belongs to the stakeholders in the agency theory. Are the owners of the company.

Control:

-belongs to the board management; they are in charge of planning, organizing, leading and controlling.

4.-Which are the main resources of a company? Examples.

Main resources of the company

-Human resources:

Mangerial talent and labor.

Financial resources: Capital investments to support ongoing and long-term operations.

Physical assets:

-Raw materials; offfice and production facilities,and equipment.

Information:

Usuable data; information linkages.

5.-Define management in a complete an correct way.

Management consists in cordinating work activities in the way that they are done with efficiency and effectiveness with other people and through themDefine management in a complete an correct way.

6.-Define planning, main aspects.

one of the management functions in wich the goals and strategies are define for the company to reach them. Plans are made to integrate and coordinate activities.

7.- Define organizing, main aspects.

this management function consists in determinating the "to do" shores, how does them, how they are gruped, who makes desicions.

8.- Define leading, main aspects.

management funtion that consists in motivating the employees, influding in them while they are working choosing better ways to comunicate and take care og the employee's behaviour.

9.- Define controlling, main aspects.

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