ENTREPRENEURIAL OPERATIONS
TIME MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the Priority Matrix?
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The Priority Matrix is a time management tool used to categorize tasks based on their level of importance and urgency.
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The Priority Matrix is a project management tool that helps teams identify and prioritize tasks based on their level of impact on project goals and objectives.
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The Priority Matrix is a decision-making tool that helps individuals or teams make critical choices by assessing tasks based on their level of importance, feasibility, and long-term impact.
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The Priority Matrix is a financial management tool that helps individuals or organizations prioritize investment decisions based on their level of risk, return, and liquidity.
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Explanation:
Detailed explanation-1: -The Eisenhower Matrix is also known as the time management matrix, the Eisenhower Box, and the urgent-important matrix. This tool helps you divide your tasks into four categories: the tasks you’ll do first, the tasks you’ll schedule for later, the tasks you’ll delegate, and the tasks you’ll delete.
Detailed explanation-2: -Urgent & Important = Priority 1 (Red) Not Urgent & Important = Priority 2 (Orange) Urgent & Not Important = Priority 3 (Blue) Not Urgent & Not Important = Priority 4 (No color)
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