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  • '''Total [[Quality]] Control (TQC)''' is a [[system]] developed by [[Armand Feigenbaum]] to integrate the efforts of d ...quality management on a company-wide scale. Concern for quality should be a priority at all levels of the company's activity <ref>Neyestani 2017, pp.3-
    12 KB (1,756 words) - 07:01, 18 November 2023
  • '''Continuous improvement''' (also: continual improvement) is a [[process]] of constant searching for improvement of all aspects of [[organ ...y continually improving its processes and products, a [[company]] can gain a competitive edge over its competitors.
    11 KB (1,555 words) - 19:57, 17 November 2023
  • .... He graduated from Union College, the with title of bachelor and then got a master's degree from MIT Sloan School of [[Management]]. From 1958-1968 he ...of [[quality control]], making the fragmented and limited [[knowledge]] of a coherent system of principles, practices and technologies, known as Total Q
    9 KB (1,268 words) - 17:47, 17 November 2023
  • ...ladder. He worked for Crosley, Martin-Marietta and ITT. In 1979 he created a [[consulting]] [[firm]] that dealt with the popularization of preventive ap Crosby is the author of process cost model - a model of [[quality cost]]s accounting - which enables enterprises to detect
    10 KB (1,504 words) - 03:10, 18 November 2023
  • ...collected and combined by the [[freight]] [[forwarder]], and then sent as a one bigger load to individual [[customer]]s. * [[bill of lading]] is issued for a collective load of the vehicle.
    5 KB (726 words) - 22:56, 17 November 2023
  • ...n tax revenues. By spending more than it earns the government is left with a budget deficit that [[needs]] to be made up by either raising taxes or borr In crowding out private investors, economic productivity tends to take a rather immediate downturn as government spending is rarely aimed at constru
    8 KB (1,170 words) - 20:29, 17 November 2023
  • ...rategy]] formulation. He also notes, that "...many writers ...suggest that a [[firm]] uses its strengths to take advantage of opportunities, but they ig It is based on a simple [[classification]] scheme: all of the factors influencing the curren
    15 KB (2,133 words) - 04:38, 18 November 2023
  • According to common notions compromise is a form of agreement between at least two parties, based on mutual concessions ...pointed out that it is one of the two basic forms of ending the conflict. A compromise has to deal
    11 KB (1,705 words) - 19:41, 17 November 2023
  • ...the total revenue depending upon the evolution of the [[demand]] curve for a [[company]]'s [[product]]. ...inal [[cost]] are used to calculate the production volume that would allow a company to maximize its profits. When the marginal revenue exceeds the marg
    6 KB (1,005 words) - 23:19, 17 November 2023
  • ...x]], (VAT)''' - is a form of consumption tax. In the European Union VAT is a general, broadly based consumption tax assessed on the value added to goods * a general tax that applies, in principle, to all commercial activities involv
    4 KB (703 words) - 07:35, 18 November 2023
  • ...ip strategy|minimum costs]], the lean development's objective is to create a product/software that will fulfil requirements of users. ...s, the idea of [[7 wastes of lean]] and [[7 wastes of services]] are used. A toolkit consists of [[lean manufacturing|lean manufacturing tools]] extende
    11 KB (1,478 words) - 00:43, 18 November 2023
  • ...' is the combination of a management buy-out and a buy-in (Watson D., Head A. 2007). Management Buy-Out involves acquisition of an equity stakes in an e In the case of BIMBO a company is acquired by existing management joined by new, key directors or
    6 KB (877 words) - 18:02, 17 November 2023
  • ...rmulated objectives that makes the [[company]] the [[market]] behaves like a ship adrift, who can not get to any port. The [[objectives of the organizat * Provide guidance for employees and give their [[work]] a single direction,
    3 KB (409 words) - 02:19, 18 November 2023
  • ...on making]], [[behaviour]] or an outcome of certain event. For example, on a stock exchange if there is an information of [[company]] reporting signific ...formation is specified as any fact, judgement or any data transmitted over a medium like telephone but not only the content of signals transmitted, also
    3 KB (491 words) - 23:51, 17 November 2023
  • ...nal [[needs]] of the enterprise. This strategy determines the direction of a company in the field of finance, which would help in achieving its objectiv * Optimization of costs by finding a level of costs that would avoid problems in the area of ​​finance. It i
    8 KB (1,138 words) - 03:31, 18 November 2023
  • '''Centre of Excellence''' (COE) is a single cell or a complex organizational structure, whose primary responsibility is [[researc * effective use of accumulated [[knowledge]] in a variety of institutions,
    9 KB (1,189 words) - 19:08, 17 November 2023
  • '''Internal audit''' is a [[process]] of obtaining and evaluating data and appraisal of requirements ISO 19011 [[standard]] can be a good guide for internal auditors. Sections below discuss listed elements.
    13 KB (1,829 words) - 00:10, 18 November 2023
  • * How many times a specific problem happened? ...should be constructed to be clearly seen for what purpose serves. This is a very effective and simple utility that primarily serves to collect and orga
    9 KB (1,441 words) - 17:40, 17 November 2023
  • ...duced in 1997 in the UK by the newly elected Labour [[government]]. It was a reaction to the inefficiency of large, bureaucratic structures that support ...]]s, which in total are optimal relative to the [[demand]] requirements of a legal person or [[public authority]]. Concept of Best value is used when it
    4 KB (607 words) - 18:18, 17 November 2023
  • ...oal of both partners. It is created when there is weak [[competition]] and a strong partnership between companies. ...better [[competitive position]] on [[market]] by the partners and to make a [[merger]] or acquisition of selected areas of activity.
    4 KB (479 words) - 06:07, 18 November 2023
  • '''[[Company]] situation analysis''' is a [[process]] which aims to disclose all opportunities (capacity) and the ris ...he sales and allows for a coordinated policy to ensure steady business for a long period of time. The disadvantage of this analysis is assessing of the
    11 KB (1,561 words) - 17:13, 17 November 2023
  • ...company's development team or acquired from other units should be seen as a kind of innovative activity. Research and development are the first stage o ...ropean Commission in 2005 the companies issued on research and development a total of 371 billion EUR, i.e. about 7% more than in 2004. European compani
    8 KB (1,153 words) - 04:42, 18 November 2023
  • * the least attractive sector groups can be a threat to other groups. ...tric barriers to intra-industry mobility - moving to another group is just a matter of [[investment]],
    12 KB (1,733 words) - 01:53, 18 November 2023
  • ...[organization]] [[environment]], stressing that every organization is only a ''relatively isolated from the environment''. The term''relatively isolated ...apabilities]]}} &mdash; {{i5link|a=[[Voluntary sector]]}} &mdash; {{i5link|a=[[Resource]]}} }}
    2 KB (344 words) - 18:22, 17 November 2023
  • ...ally in a factory or special area. The level of industry's development has a large impact on the pace of economic development. ...onomic strength of a country often depends on the types of industries that a particular country has.
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  • ...ion of associations and feedback with the [[environment]]. Objectives have a strong influence on the interaction with the [[environment]]. [[Environment Organizations have a variety of objectives that they strive to achieve. These objectives can be
    14 KB (2,019 words) - 02:28, 18 November 2023
  • ...e, these criteria must be particularized and applied together. This allows a comprehensive analysis of the system of objectives and thereby make the rig As a result of this step, managers create the classification of the objectives i
    3 KB (366 words) - 20:20, 17 November 2023
  • * businesses and the public are immanent elements of a complex whole in which the idea of mutual solidarity between people has the ...sibility decide societies having particular [[standard]] of living, and in a particular stage of social development (mainly their demands for corporate
    4 KB (518 words) - 20:08, 17 November 2023
  • ...mplex project. The [[project]] as a single [[enterprise]] is burdened with a certain degree of uncertainty. Usually it is divided into phases to make it ...e entire [[project]] to be able to control [[project]] costs. To this end, a [[final inspection]] is performed after each stage. Review is necessary to
    10 KB (1,447 words) - 01:54, 18 November 2023
  • ...isting customers and is it includes offering them a new product. Launching a new product in the application of this strategy may rely on the creation of ...r an entirely new product offering. For example, Apple Inc. started out as a computer company and has since diversified into smartphones, tablets, and w
    8 KB (1,128 words) - 21:23, 17 November 2023
  • Strategic [[management]] is understood as a [[process]] of [[information]] and [[Decision making|decision-making]], whi * second, it is a company activity on every [[market]] of the world.
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  • ...source of diagnoses of major social and economic problems over time and as a tool for [[forecasting]] and decision-making both by the [[government]], bu ...olicy of the state. Sometimes foresight as well as its results are used as a means of cultural development in society in terms of thinking about the fut
    11 KB (1,573 words) - 06:10, 18 November 2023
  • # Creating a [[mission and vision]]: #* preparation of a [[Strategic portfolio analysis|portfolio of projects]] for implementation o
    10 KB (1,208 words) - 06:12, 18 November 2023
  • ...expectations of customers as well as to improve position of the company in a [[competitive environment]], ==Strategic planning as a system==
    10 KB (1,342 words) - 06:15, 18 November 2023
  • It is a form of cooperation between the potential [[Competitor]]s, [[Supplier]]s, [ ...gh [[Mobility barriers|barriers to entry]]. It is used also in the case of a high level of maturity of the previous or next sector.
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  • ...ips are places connected with the history of religion, religious events of a religious nature and the sacred objects. ...t. Their main purpose is mainly educational. Pilgrimages involve travel to a Holy place mainly for spending time in prayer. Only additionally tourists w
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  • ...eur]] (franchisor, the franchise network organizer, or otherwise providing a network of franchise), provides another, independent entrepreneur (franchis ...network is a company with a reputation in the market that wants to create a network through franchising, extend the distribution of goods or services.
    3 KB (429 words) - 22:42, 17 November 2023
  • ...the potential to both positively and negatively affect the functioning of a democracy. ...est groups can present a number of potential threats to the functioning of a democracy. Some of these include:
    4 KB (647 words) - 00:06, 18 November 2023
  • ...d: intangible assets. Goodwill (the name of a company's [[brand]]) becomes a component of the value of the company, being fairly estimated surplus value ...(including traceability and individuality), valuation of goodwill becomes a complex problem, and managers devote much attention to it.
    7 KB (1,101 words) - 23:05, 17 November 2023
  • ...of defense devised in the 80s of the twentieth century aimed at preventing a [[hostile takeover]] in the capital [[market]]. ...ement]] company providing a very high clearance operations in the event of a successful takeover and loss of their previously occupied position.
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  • '''Business incubators''' are organized economic complexes covering a broad group of distinguished real estate-based centers, which offer facilit * creating a proper climate for the establishment and implementation of innovative proje
    3 KB (354 words) - 18:42, 17 November 2023
  • ...complex group structures may happen that the parent is a [[subsidiary]] of a higher order parent company. With regard to the parent [[subsidiary]] is characterized by: ownership of a majority of the total number of votes in the [[subsidiary]] or the right to
    4 KB (606 words) - 18:55, 17 November 2023
  • ...itive strategies. Understanding the dynamics of a strategic group can help a [[company]] identify potential competitors and inform its own [[strategic d They are subsets of the sector, which consists of companies that have pursued a similar approach to the competitive struggle, offering comparable products
    12 KB (1,734 words) - 06:11, 18 November 2023
  • ...e existing possibilities to new ideas and putting them to practical use. J.A. Schumpeter introduced ''innovations'' to the area of economic sciences. Scientists often use a definition of innovation as the [[process]] of converting the existing poss
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  • ...e estimated rate of [[inflation]] and investment [[risk]]. Investor can be a private person, governmental agency, pension fund or corporation. * commercial, where the investor is expecting a financial benefits,
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  • * Special interest grupups - unite people in a group to spread common views on some specific issues and to express their o ...ages of cooperatives]]}} &mdash; {{i5link|a=[[Holding]]}} &mdash; {{i5link|a=[[Chamber of Commerce]]}} }}
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  • ...assets and liabilities which are part of the parent company. Possession of a subsidiary is associated with certain ineffectiveness (duplication of resou ...ble. Treatment of both units as one unit by the lender can only occur when a subsidiary has the parent company's guarantees.
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  • '''Strategic Investor''' is a business operator acting on the capital [[market]], which under the relevan ...from the nature of the [[investment]] itself. Acquired company is part of a long-term development [[strategy]] of the investor, and therefore he never
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  • ...model - small and medium enterprises with a high degree of specialization, a strong rivalry, relations based on trust (e.g. Silicon Valley) * '''Satellite''' model - a group of small and medium businesses dependent on external companies (e.g.
    3 KB (454 words) - 19:23, 17 November 2023
  • The syndicate is a type of [[oligopoly]] agreement which is used to facilitate the entry on in ...s companies of similar size, operating in the same [[industry]] and having a similar [[level of development]].
    8 KB (1,297 words) - 06:32, 18 November 2023
  • ...the supply chain, this tool allow not only the determination of limits on a scale of one cell in chain, but also support the determination of boundarie Use of the strategy wheel should be preceded by a preparatory phase, in which relevant [[information]] about [[company]]'s pr
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  • Consulting is a consultancy contract characterized by: ...that many companies face complex business processes, which often requires a very sophisticated methods and procedures. This in turn intensifies the [[n
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  • ...he [[implementation of strategy]] phase. It can be generally understood as a comparison of measures of the effects of implementing the [[strategy]] with ...es - according to changes in the [[environment]]. This task is intended as a [[continuous process]] of obtaining and processing [[information]], done in
    8 KB (1,131 words) - 06:09, 18 November 2023
  • '''Experience curve''' is a graph that shows the effect of improving the [[organization]] and functioni There is a relationship between the scale of production and the size of the unit [[cos
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  • * doing a [[cost]] analysis ...[Communication]] [[Technology]]. Both an [[employee]] and an employer have a possibility to be in touch with each other.
    8 KB (1,216 words) - 06:47, 18 November 2023
  • ...ere advertisers, games, media producers, network executives, bloggers show a very high activity in the creation of [[consumer]] culture. Defining the culture of participation led to the emergence of a strong contrast in comparison to earlier beliefs about the role of the medi
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  • ...rt]], storage, packaging, [[insurance]], distribution, etc.). Forwarder as a transportation broker transmits and/or receives the goods from the carrier. Forwarder also has a duty to provide advice to its client, to the best of his [[knowledge]]. In
    4 KB (557 words) - 22:41, 17 November 2023
  • ...lude documents, activities, processes, people, results, etc. Evaluation is a [[continuous process]] and its results are used to improve activities. * "A systematic process involving the collection of information, and reporting s
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  • * ''econ.'' [[Bond]] or certificate repalacing a state loan * ''Security certificate'' - a document confirming an inspection by the competent authorities of the state
    3 KB (371 words) - 19:08, 17 November 2023
  • ...xecution of a particular [[project]]. It graphically (visually) represents a deliberate [[plan]] of [[work]], paying attention to the critical operation * Specify a list of actions necessary to complete a task ([[planning]] activities)
    7 KB (1,111 words) - 17:47, 17 November 2023
  • ...have written (documented) evidence of the development and introduction of a system, it is also one of the main sources that provide the necessary [[inf ...nd maintenance of [[quality]] [[management system]]. Documentation is also a record of specific actions and activities performed within the system.
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  • ...omer]]. The second, which we will be more widely applicable, is to prevent a recurrence of inconformity. ...tion of corrective measures must be verified. Therefore, make sure that as a result of the changes the non-compliance can not be repeated.
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  • ...changes. Then records may be conducted by: the type of costs occurring in a given company, the type of activity and media costs, or other expense recog ...nduct [[quality cost]] analysis and provide rapid response in the event of a deviation from the assumed costs. '''Sampling''' concerns on rapid one-time
    8 KB (1,199 words) - 04:15, 18 November 2023
  • ...O 9001 is a [[quality management]] standard that outlines requirements for a quality [[management system]]. Identification and traceability are two impo ...include identifying the source of raw materials, tracking the progress of a product through the [[manufacturing process]], and identifying the location
    7 KB (1,062 words) - 23:30, 17 November 2023
  • '''ISO 9004''' is a [[standard]] containing guidelines for the improvement of the [[quality man ...2000), new title "Managing for the sustained success of an organization - A quality management approach".
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  • '''Innovativeness''' is a broad concept connecting [[innovation]] and [[creativity]] of people in org ...e some new, better idea in some fields. This individual is characterize by a great creativity and cleverness in realization of many tasks and original a
    11 KB (1,661 words) - 00:00, 18 November 2023
  • ...product excellence and its ability to meet [[customer]] [[needs]]. This is a group of functional attributes, both tangible (e.g., durability) and emotio ...h the level of utility value, for which the [[consumer]] is willing to pay a price most favorable to the [[producer]].
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  • ...to the low capital barrier to entry to road carriers [[market]], there is a very large number of companies providing this type service in this branch o ...large portion of shares in this companies are held by the State). There is a large barrier to entry (high [[cost]] of [[investment]] in terminals, equip
    8 KB (1,224 words) - 07:22, 18 November 2023
  • ...ustry]] because of the complex nature of the service provided, it includes a number of services (e.g. accommodation, food), usually dependent on the cha When a [[customer]] is dissatisfied with the service then there is a distortion of the [[quality]] of hotel services. Typically, dissatisfaction
    12 KB (1,748 words) - 23:25, 17 November 2023
  • Controlling is a business [[management]] [[process]] driven by [[planning]], reporting and c * Controller in the U.S. is a person standing at the head of finance and accounting department, responsib
    8 KB (1,074 words) - 02:48, 18 November 2023
  • '''Quality loss function''' is a [[method]] of measuring losses that are incurred due to not perfect, howeve ...reduce the impact of these causes. This type of procedure allows to create a product resistant to interference.
    11 KB (1,643 words) - 04:18, 18 November 2023
  • ...factor in services. Customers of public administration are all citizen of a country or region, which assess quality of services provided by the state. It should be noted that there is a relationship between the needs, expectations and satisfaction. Needs create
    12 KB (1,638 words) - 04:22, 18 November 2023
  • ...staff: front-office, back-office and [[management]]. Front-office staff is a kind of showcase of tourist enterprises in dealing with clients and so they * Costs of non-compliance (a service offered does not correspond to the customer, even though he tried t
    8 KB (1,059 words) - 04:22, 18 November 2023
  • '''[[Quality]] standards of travel agencies''' depends on qualifications of a person who organizes tourist events or deals with contracting [[service]] p ...guages. Language fluency is also checked by the exam. It is also necessary a medical [[certificate]], which contains [[information]] about the [[absence
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  • '''Hotel rating''' is based on a scale of 1-5 stars, 5 stars means the highest level of services, 1 star mea .... Locations of the 5* hotels can vary from the very exclusive locations of a suburban area, to the heart of down-town.
    9 KB (1,291 words) - 23:25, 17 November 2023
  • ...ustration, this problem was solved by replacing the defective product with a new one. Conducting this type of procedure entailed generating considerable [[Organization]] which uses quality inspection, treats inspector as if he was a customer. The optimum form of quality inspection is the man who's aim is th
    12 KB (1,723 words) - 04:17, 18 November 2023
  • ...and directly remains linked to the fact that the one who carries it out is a conscious and free - that is, constituting about the subject" [John Paul II ...ies and restore the proper meaning of work. The crisis has brought work to a:
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  • ...a group of students, made up of seven, eight or nine people) he introduced a real person - test subject - which did not know that other people are co-wo ...n of exerting pressure, it succumbed to the pressure of the respondents to a much lesser extent than if all those exerting pressure were unanimous,
    7 KB (1,124 words) - 23:11, 17 November 2023
  • Was it possible to avoid a [[crisis of work]] in Poland, which arrived with a six-year plan (it was something like the state [[strategy]] of productivity ...ill, emotions, and physical strengths are involved. The ideal [[image]] of a working man is when none of these gifts of man is excluded from participati
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  • ...vironmental]] users. CE marking means that the manufacturer or importer of a product meets the basic requirements of ESR (Essential Requirements). ERS a ...dards and basic requirements for health and safety that are applicable for a given product,
    8 KB (1,188 words) - 18:48, 17 November 2023
  • ...of its objectives and targets - also affect the achievement of the team as a whole. ...organizational units) Projects that do not change the organization in such a radical way, as the creation of autonomous groups, but significantly affect
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  • ...hin the same country), offshore (in a different country), or nearshore (in a nearby country). ...tical analysis and the improvement of this process. The process is seen as a set of activities requiring inputs and generating result on the output.
    9 KB (1,304 words) - 18:46, 17 November 2023
  • ...he implementation cannot change the culture at once. To change the culture a long time period is needed. During the development of quality [[management] ...tions will be applied in that case, however, it's difficult to treat it as a fully running system. Improvement stage of QMS operation can be used to sha
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  • ...tion and verification statement of evidence that meets the requirements of a measuring instrument, or activities carried out by the state legal metrolog The measuring device - a general term defining a range of tools (equipment) used for measuring physical, chemical, surveying
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  • ...ons of a phenomenon, or the presence of harmful substances, carried out in a pre-determined time intervals. Data collected help managers to take appropr ...tion to carry out waste quantity monitoring applies to companies which, as a result of doing business produce waste, as well as those which deal with th
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  • ...rganisation which promotes monetary and financial cooperation and which is a bank for central banks. The BIS has assisted * and continues to assist * th * a forum for discussion for central banks and international organisations
    12 KB (1,734 words) - 18:04, 17 November 2023
  • ...is focused on people, tasks and [[efficiency]]. Concept of W.J. Reddin is a development of the two dimensional [[Blake and Mouton managerial grid|manag ...that happy people are more efficient, hence manager should care more about a pleasant atmosphere in the team, than on efficient performance. Problems ar
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  • '''Economics''' - a study of how society decides how and for whom to produce good and services< There are a variety of modern definitions of economics. Some of the differences may ref
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  • * Tacit knowledge - used every day by people, but difficult to capture in a formal record, its substance can not be expressed with words; According to the [[economics]] of knowledge, it is a positive externality. Knowledge comes from [[education]] and research. To u
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  • ...which is based on an psychological and social [[analysis of customer]] as a human being. ...the brand by using the theory that the customer is a social being and has a natural [[need]] for [[communication]], interaction and active participatio
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  • ...d methods of [[Strategic portfolio analysis|portfolio analysis]], which is a direct reflection of research participation and the [[competitiveness]] of ...two parts at the point equals the share of its nearest [[competitor]] with a vertical axis at the point equal to half the span of [[market dynamics]]. T
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  • A '''strategic management model''' is a framework or approach used by organizations to make [[strategic decisions]] A strategic management model and a business model are both frameworks used by organizations to guide decision-
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  • Strategic [[marketing]] is a [[process]] consisting of: ...red as a component part of this [[management]], as an instrument to create a broader framework for strategic success in the market.
    4 KB (481 words) - 06:13, 18 November 2023
  • ...volves every [[employee]] into processes of [[strategic management]]. It's a Japanese version of [[management by objectives]] (MBO). Hoshin kanri begins with a strategic [[plan]] developed by top [[management]]. Then mid-level managers
    10 KB (1,410 words) - 21:10, 17 November 2023
  • ...carry out specific activities, processes, or are used to solve problems in a company, 7S model is not a recipe for building a perfect [[strategy]], but it is a stimulus to rethink the internal activities of the company that affect its
    8 KB (1,229 words) - 17:04, 17 November 2023
  • '''State administration''' is defined as a [[system]] of entities created by statute and in the competence to carry ou * administration is a team of people, who are professional staff,
    9 KB (1,241 words) - 05:59, 18 November 2023
  • ...and plans leading to the achievement of this objectives. It also contains a package of measures to ensure their achievement, allowing [[risk]] reductio * The feasibility of the [[strategy]] - a necessary condition, which should be meet by the strategic option,
    8 KB (1,154 words) - 06:13, 18 November 2023
  • Human resources department plays a consequential role in the fluid running of the [[organization]] because it ...about a set of concepts, methods and techniques from which you can select a specific one. Each [[organization]] has different set of methods.
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  • '''Audit''' is a process of obtaining and evaluating data concerning operations and events i * Audit is cooperation - audit should be a cooperation between auditor and audited in order to find solutions.
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  • As a result of severity of hostile takeovers in the 80s of the twentieth century ...n purchase these shares at any time and withdraw from the market by paying a nominal amount.
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