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From CEOpedia | Management online
  • ...m of [[action]] and the area of freedom of decision. Job design is part of a wider set of actions, which defines [[process]] of [[organizing]]. ...n of the [[organization]] will be divided into smaller components. This is a limitation of the scope of freedom of action and freedom of decision and co
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  • ...ement of the [[organizational structure]] of each [[organization]]. It has a range of their own responsibilities and competences in order to carry out t ...e equated only to material thing. It could not have the characteristics of a typical thing e.g.: computer program.
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  • ...ion of the best candidate. The basic requirements are then translated into a job offer available to potential candidates. ...filling a vacancy and finding the candidate that would be the best fit for a given [[organisational structure]]. As mentioned by Araujo, "the success of
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  • ...omers by the [[company]] or any of its units. It can also be understood as a set of products offered by the entire [[industry]]. This range can be more A product range is important for a company for several reasons:
    8 KB (1,245 words) - 03:43, 18 November 2023
  • The advantage of CAD systems in relation to traditional drawing methods is a digital record of the geometry of objects that allows to quickly and easily ...ere the user could interact with the computer using a light pen to draw on a cathode ray tube display.
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  • ...- '''C'''omputer-'''A'''ided '''E'''ngineering. The generic name given to a set of computer-aided techniques used in types of mechanical engineering <r ...ng more interesting and realistic <ref>Franklin G.F., Rabins M.J., Kheir N.A 2014, p. 10</ref>.
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  • ...a specified CIM architecture. One of the possible structures is the use of a large central computer, which is responsible for processing the data. Anoth ...process equipment, which receive data from the CAP and PPC. It can also be a source of information for them. The process allows for the [[continuous imp
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  • * broad: a [[production process]] that begins with raw materials and ends with finishe ...terials, production, assembling, packaging and distribution. An example of a production cycle in manufacturing is the automobile assembly line, where ra
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  • ...hnology]] at given moment. Technology that uses the most capital is called a capital intensive, while technology demanding large number of humans work i ...e fixed because they are difficult to change in the short-term and require a significant amount of time and [[money]] to alter.
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  • * better utilization of labour market in a particular region, ...ng]] and [[research and development]], over a larger output. This leads to a cost advantage over smaller companies.
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  • ...use of computer systems to [[plan]], manage and control the operations of a manufacturing plant through either direct or indirect computer interface wi ...geometry can be easily and quickly programmed for machining <ref>Madsen D.A. 2011, p. 152</ref>.
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  • '''Form of [[production]]''' treated as a set of processes regulating flow of parts, assemblies, [[product]] between * Improved [[communication]] - forms of production create a clear [[line of communication]] between departments, allowing for better co
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  • ** X-maximum production possible within a specified time using the specified amount and combinations of the factors o With very large capital and non-zero [[work]] and very large [[work]] and a non-zero capital corresponds to the very large size of the manufactured pro
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  • ...-acquisition of these tools. They are useful, because they can be used for a variety of tasks, which also reduces the overall costs of activity. ...ice]]}} &mdash; {{i5link|a=[[Efficiency of management]]}} &mdash; {{i5link|a=[[Tensor structure]]}} }}
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  • ...maintenance refers to the tasks and activities that are performed to keep a manufacturing or production facility in good working condition. Some common ...Scheduled inspections, tests, and maintenance tasks that are performed on a regular basis to prevent equipment failure and prolong the life of the equi
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  • ...chnology]]}} &mdash; {{i5link|a=[[Product stewardship]]}} &mdash; {{i5link|a=[[Green innovation]]}} }} * Morrissey, A. J., & Browne, J. (2004). ''[http://www.sciencedirect.com/science/article/p
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  • '''Readiness of [[production]] facilities''' refers to the ability of a facility to quickly and efficiently produce goods or services. Factors that ...on]]. One common [[method]] is to use a facility readiness index, which is a numerical value that represents the overall readiness of the facility. This
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  • * the formulation of product [[development strategy]]: specifying a target [[market]], [[identification]] of users' [[needs]] and the attractiv ...the planned parameters are feasible, the approval of parameters which are a [[compromise]] between the requirements and opportunities. At this stage, c
    3 KB (437 words) - 01:54, 18 November 2023
  • ...o calculate the optimum size of the [[production]] batch. This method uses a graphical or analytical techniques. Both of these techniques use the same a ...components of the unit of production. Increasing the quantity of units in a lot of simple products does not change the unit [[fixed cost]]s. Level of u
    5 KB (765 words) - 01:51, 18 November 2023
  • ...This set of activities is called a [[production cycle]]. The end result of a production line can be result of: processing, handling, [[transport]], pack ...amount of produced parts. By analyzing manufacturing processes, there are a few basic types of manufacturing activities:
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  • '''Lean manufacturing''' is a [[production]] [[management]] [[system]] in the [[company]], which aims to * Next steps of adding value must be combined to achieve a smooth flow of production.
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  • ...omponents, and systems. CAD systems are used by engineers and designers in a wide variety of industries, from aerospace and automotive to [[consumer]] e ...]] to machine programming and toolpath generation. CAM systems are used in a variety of industries, including automotive, aerospace, and medical device
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  • ...ify where they are generated, calculation how much does it cost to produce a given quantity of goods, and also gives the answer to the question how to r ...tems, with a total volume of changes in direct proportion to the number of a given type of products produced. These components are called variable costs
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  • ...cal [[knowledge]] and special properties discovered by the manufacturer as a result of its ongoing research, and not known to the [[competition]]. ...ganization]] to perform a specific task or solve a specific problem. It is a type of hidden knowledge that is often gained through experience and practi
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  • ...] [[management]] [[method]]. The word Kanban comes from Japanese and means a piece of paper. In free translation it means "visible description". ...tem]] are kanban cards. [[Kanban card]] acts as a [[production order]] and a document describing the contents of the containers. Its main task is to pro
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  • Graphical representation of the capacity curve may take the form of a straight or convex line. Shows quantity of goods, which [[company]] has to give up in exchange for a production of number of other good.
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  • * km - the storage costs of the [[product]] in a single period, * D/2 - average number of product in storage in a single period.
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  • To determine the optimal size of a single order manager must take into account two factors: ...specification of process) expressed in natural units in a given period for a given volume of production,
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  • ...count the potential number of disturbances in supply. This system requires a continuous control of the flow between the supplier and the recipient as we ...lculate the number of components which are part of the final production in a particular period which is covered by the subject of planning. Plans for de
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  • ==Planning for a period of one year== To create a [[plan]] for the production for a period of one year managers should take into account [[production capacity]
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  • ...the respective weekly or daily plans. This is possible only where there is a complete activities record and workshop documentation. ...ps to align the plans and activities of individual production units within a department with the overall [[goals and objectives]] of the company.
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  • '''[[Production]] process''' is a complex of phenomena and activities that involve materials and goods gradua ...It involves producing a single unit or a small batch of items according to a specific [[customer]] order. It is suitable for making unique items that ca
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  • ...innovation process performed in [[company]]. Prior to the introduction of a new product on the market, company has to design and develop it in [[proces ...ogression of a product throughout its life cycle. There are four stages of a product. They include, Introduction to the market, Growth, Maturity, and fi
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  • ...next stages. Ideas that have not gone further can be recycled and wait for a new process in other circumstances, be resold to the entity for which they * a roadmap that organizes the chaotic time, inception to launch new [[product
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  • The production is a very broad term, which can be understood in several ways. Most important ar ...[[process]] consisting of several consecutive steps, which goal is to make a final good. The [[manufacturing process]] uses among others: raw materials,
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  • ...ch [[process]] each [[product]] unit is closed whole. [[Company]] produces a single item or multiple items of the same type. In this type of production, ...change of the product. The production range is very wide, characterized by a limited repeatability.
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  • ...n items between them are minimal. Mass production is also characterized by a high repeatability of the manufacturing [[process]]. ...] for a given sum of expenditures, which in turn decreases the [[cost]] of a single item produced.
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  • [[Knowledge]] of the length of the production cycle is a very important economic aspect in the [[production management]]. Production ...f stamping, plating and packaging, which can be automated and completed in a matter of minutes.
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  • ...uct is created only after order by the customer. Such order is preceded by a phase of negotiations during which terms of the contract are adjusted. A special type of [[production]] on the order is engineering-to-order. It inv
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  • ...up of multiple sub-components or subsystems, each of which is produced by a different [[supplier]] or manufacturer. Nested production can have several ...etry is a type of nested production that involves building cabinets to fit a specific design and size. The process begins by assembling the frames for t
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  • ...}} &mdash; {{i5link|a=[[Single minute exchange of die]]}} &mdash; {{i5link|a=[[Work cycle]]}} }} ...iteseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.58.7585&rep=rep1&type=pdf A machine learning approach to automatic production of compiler heuristics. I
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  • ...is one of the main types of [[organization]] of [[mass production]]. It is a technique used in the manufacture of products in series made in the same wa ...In the case of mass production manufacturing of products is carried out on a continuous basis, there is no production breaks.
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  • The [[production]] is a very broad term, which can be understood in several ways. Most important ar ...[[process]] consisting of several consecutive steps, which goal is to make a final good. The [[manufacturing process]] uses among others: raw materials,
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  • Measuring the uniformity of production uses a number of indicators. They do not, however, represent the level of uniformi ...ensuring that products meet [[customer]] expectations and are produced in a timely and efficient manner. Applications of uniformity of production inclu
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  • Rhythmic production requires both precision and a clear division of tasks and resources to the various units as well as the q ...epeating itself. Master schedule for the production is constantly updated. A period of repetition is the most important parameter of organizational prod
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  • ...ion]], which will enable simultaneous minimizing effects and occurrence of a problem. ...or software failure, can cause significant disruption to the operations of a business, resulting in lost productivity and lost revenue.
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  • ...terial distribution in the supply chain. Material stream [[management]] is a set of [[planning]], organizational and control activities carried out to e In the [[logistics]] of supplies of a [[company]], three basic material stream phases can be distinguished (Mario
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  • ...technologies shall apply where part of the technological operations shows a resemblance to most of the technological operations performed during produc ...ping based on similarity of technology. Group technology allows to connect a lot of individual products in four groups of similar technology, which can
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  • ...ines and equipment. It refers to a specific machine center, which provides a crucial link in the basic structure of the manufacturing [[process]]. ...duction]]}} &mdash; {{i5link|a=[[IT management system]]}} &mdash; {{i5link|a=[[Common cause variation]]}} }}
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  • ...nits per day, or units per month. Production capacity can be influenced by a variety of factors, including: ...ss. For example, a [[company]] may [[plan]] to manufacture 10,000 units of a certain product, but only manage to produce 9,800 units. The difference, 20
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  • ...the basic unit of territorial division, i.e.. division of the territory of a state for the purposes of local and central [[state administration|administ ...consumption]]}} &mdash; {{i5link|a=[[Regulatory data]]}} &mdash; {{i5link|a=[[Policy makers]]}} }}
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  • ...s]], is the amount of the [[product]] which the [[company]] can produce in a given time. The company may use estimates of [[demand]] for certain good in ...nits per day, or units per month. Production capacity can be influenced by a variety of factors, including:
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  • ...ductivity and personal realization of life goals. '''Time management''' is a systematic [[process]] of [[planning]] and executing of scheduled activitie ...e divided into processes that [[need]] to be achieved in order to complete a task.
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  • Start-up - a temporary [[organization]] in the early stage of the life cycle, created in Start-up functions based on a business model that defines the way in which the [[organization]] intends t
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  • ...the purchase decision-making [[process]] by an individual [[consumer]] or a whole family. The author of a model F.M. Nicosia identified three stages that gradually moves the consume
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  • ...nges over time]]. It is particularly useful in analyzing systems that have a finite number of states and where the future state of the system depends on It is a stochastic model, describing the problem of decision-making under [[risk]].
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  • * significant incentives - physical characteristics and the attributes of a [[product]], such as [[price]], [[quality]], originality and accessibility, ...its of the consumer, membership of a social group, the financial status of a consumer, the pressure of time.
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  • ...decision making process|consumer behaviour]]. It is a holistic model, with a full description to the [[decision making]] problem, reflecting [[consumer] ...of the problem''' - involves generating consumer [[needs]], consumer sees a gap between the ideal and the current state of things.
    8 KB (1,124 words) - 21:31, 17 November 2023
  • Bettman model is a structural concept of overall [[decision making]] [[process]] of individual ...s process is controlled by the internal mechanisms. It is adjusted in such a way as to make the process of choosing went smoothly in accordance with the
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  • ...uy, where to buy? The decision maker can be described as follows: can make a decision and take responsibility for it. ...rchase, the decision-maker is usually an individual [[consumer]], but also a manager choosing the future [[supplier]] for the [[company]].
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  • Public administration is the incorporation of a variety entities acting within the scope of central [[state administration] ...rial government]]}} &mdash; {{i5link|a=[[Stakeholders]]}} &mdash; {{i5link|a=[[Organizational forms of local public sector entities]]}} }}
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  • ...State in meeting the [[needs]] of individual and social is boiled down to a minimum. ...entralization]] of [[public authority]], in turn, requires the transfer of a large number of possible public tasks by ensuring legal right of independen
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  • E-Government is a continuous process of improvement of the quality of governance and the prov Machine learning (ML) and [[artificial intelligence]] (AI) can play a significant role in e-government by helping to automate and improve various
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  • Local authorities can create a self-governing entity that perform specific tasks entrusted to them, but th ...the country or region, but in most cases, local government is organized as a [[system]] of elected officials and appointed officials.
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  • * Allocation function - public finances are a tool for [[allocation of resources]] - to provide public goods and services * Stabilization function - is used for easing effects that arise as a result of the implementation of allocation and redistribution functions of
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  • ...], in accordance with the provisions of the Act on [[public finances]], is a [[system]] of signs that are used to describe the income, expenditures and It is a kind of income due to the origin or nature of any expenditure, its legal na
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  • * majority government - is created by parties with a majority in parliament, ...s not have an overwhelming number of seats and is not being able to create a strong coalition
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  • ...idy meaning support, help) is a constitutional principle in Poland. It has a direct link with the territorial [[Government]] and with the concept of [[d ...e appropriate competences to efficiently and effectively execute. There is a presumption that municipality is responsible for each public tasks, as this
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  • '''Statistical Process Control''' is a set of techniques and [[statistical methods]] used to assess the stability SPC is a response to the ineffectiveness of [[quality inspection|traditional quality
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  • ...procedure, which includes the all basic issues of finance of government in a calendar year. Budget resolution is not a normative and widely applicable act. Main user of budgetary resolutions is
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  • Budgetary execution [[system]] is a refinement of [[budget resolution]] required for the elaboration of annual ...r, it is not possible to quantify precisely the amount of funds needed for a specific budgetary units or [[subsidiary]].
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  • ...ences, while at the same time the existence of the interests of society as a whole. ...ers in the change in the mentality of the community. This is the result of a democratic choosing of competent local authorities
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  • ...udget. In turn in case budget revenue are lower than expenditure, there is a deficit. The budgetary surplus of local government entities may appear as a result of:
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  • ...ncial and material resources. Although the county/municipality operates in a market economy, [[profit]] is seen rather in the social than financial sens ...r free of charge to interested groups of customers. County/municipality as a [[non-profit organization]] primarily provides public services, mainly in t
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  • ...democracies of Europe. The main aim of creating the Charter was to develop a European [[standard]] for [[local government]]. Acts of local governments m The European Charter for Local Self-Government provides a framework for the principles and practices of local self-government in Euro
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  • According to the Charter region is a self-governing entity carrying its own policies and international cooperati ...ons for the people in the region, and greater prosperity for the region as a whole.
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  • ...panies. This may impact adversely the outcome of implementation - there is a danger that the changes made in the Office will not go as far as it would b ...xternal actors, and a higher level of [[competitiveness]]. From it follows a number of [[goals and objectives]] relating to more specific areas of activ
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  • ...ntial for the functioning of society and are provided by the government as a public [[service]]. Some examples of public tasks include: ...the resources and expertise to ensure that these services are delivered in a timely and efficient manner.
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  • Local self-[[government]] is entitled to a substantial part of public duties. The scope of public tasks, for [[local g * Improving [[quality]] of life: Local government can make a significant impact on the [[quality of life]] for residents by providing pu
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  • ...itures. According to the authority of a local [[government]] may establish a list of budget expenditure, which will become permanent expenses and determ After establishing such a list, at the end of the year, these expenses are an independent [[plan]]. A
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  • The expenditure budget of the [[local government]], is a category of public financial resources at the disposal of the local [[gover The expenditure budget of the unit of local self-government take a different shape:
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  • ...proposal of the relevant Minister of [[state administration]]. Voivode is a representative of the Council of Ministers in the region. ...l state property located on the territory of the province. Voivode is also a higher level authority under the provisions of the administrative proceedin
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  • The tasks of a tax office can vary depending on the specific laws and regulations of the c * Collecting taxes: One of the main tasks of a tax office is to collect taxes from individuals and businesses, in accordan
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  • ...inistration]]}} &mdash; {{i5link|a=[[Municipal office]]}} &mdash; {{i5link|a=[[Government]]}} }}
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  • ...ting the vital [[needs]] of the residing community and inhabitants. It has a number of organizational units, based on subject matter and scope of the ac The goals of a municipal office can vary depending on the specific municipality and the se
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  • ...o Portsmouth, where, thanks to the intrigues and help of his mother earned a job at the University of Edinburgh. ...ndship with the Scottish philosopher David Hume. In 1773 the professor was a member of the Royal Society, Which was the highest ennoblement for scientis
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  • Thomas Robert Malthus (1766-1834) was born into a family of landowners in Rookery, in the south-east of England. The father w ...In the years 1793-1797 he was a lecturer there. And in 1797, was ordained a priest and was for some time vicar in his native County. He then became pro
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  • ...pur University. Sen is not discouraged, finishes with a thesis and obtains a scholarship. After defending his phD thesis, he decided to pursue further s ...Harvard, UCLA, and others). Eventually, he settled in Boston, where he got a job at Harvard as Professor of Economics and philosophy. In 1990 he took pa
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  • Starting from 1961 he was a member of the Committee of Economic Advisers to US President John Kennedy, ...concept of "potential GDP", meaning [[production]] that can be achieved in a given period by the full utilization of material and human resources. This
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  • ...y lead to financial crises. He believed that this instability is caused by a combination of factors such as external [[financing]], short-term liabiliti He was a supporter of State intervention, an opponent of the deregulation of financi
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  • ...icardo is one of the greatest classics of [[economics]], he was considered a follower of the works of [[Adam Smith]]. His most famous [[work]] "Principl ...reated demonstrates that the benefits of foreign trade arise when there is a difference in the relative [[cost of production]] of goods traded. [[Compar
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  • ...r famous economists like [[John Richard Hicks]] and A.L. Bowley. Allen was a member of the International Statistical Institute. ...eritus professor<ref> Stone J. R. N., (2008), p.122-123</ref>. He also was a treasurer of the British Academy.
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  • ...rded the Nobel Prize (along with George Akerlof and Micheal Spence). He is a supporter of the idea that free, unregulated markets do not always lead to ...rnational Monetary Fund]] and the US Department of State. Since 1999 he is a professor at Columbia University.
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  • ...-quoted article "Mr Keynes and the Classics"(Econometria, 1937) introduced a new interpretation of [[macroeconomics]]. He was a member of many prestigious scientific societies in the world. He is Doctor
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  • '''Gary S. Becker''' is a Nobel Prize Winner, one of the first economists, who reached into topics no ...ured at Columbia University and University of Chicago. In 1967 he received a John Bates Clark' medal, awarded by the American Association for young econ
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  • ...cago, called henceforth The Mincer Prize. From 1960 until his death he was a member of National Bureau of Economic Research (NBER). He died on 21 August ...h states that the rewards from investing in human capital are reflected in a person’s wages.
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  • ...yment]], he moved to study in University of Chicago, where he got a job as a teacher of [[economics]] and became editor of "Journal of Political Economy According to Veblen the subject of economics should not be a division of scarce resources between alternative uses, but study of the evo
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  • ...ts on the advisory [[board]] of Academics Stand Against Poverty (ASAP), is a member of the UN in matters of development policy, participates on the boar ...cs in the United Nations. Development Program (1979-1985) Subsequently, as a Deputy Resident Representative in Burundi (1985-1987), Chief Economist and
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  • ...r interested parties, including [[industry]] and trade associations. It is a [[non-profit organization]] founded on 6 September 1968. in Tokyo. The main * promotion on a global scale for the development of [[technology]], science and packaging e
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  • ...ments generated, for example: [[resource]] purchase order or acceptance of a lot to store. In the initial phase of the order, user creates a printout of the order confirmation and sends it to customer. Printing is po
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  • ...mpetition: characterized by a large number of small, independent firms and a homogeneous product. * [[Monopolistic competition]]: characterized by a relatively large number of independent firms that sell differentiated produ
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  • ...t]] entity, which competes with other entities in the market, by providing a more favorable market offer. * bad, who cause a lot of problems and initiates unfair [[competition]]..
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  • ...the [[opportunities and threats]] that arise from it. Usually company has a significant impact on its [[market position]]. Strategies pursued by the co ...weak, then company should apply a selective strategy, which is to focus on a limited number of segments and market niches.
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  • ...d too often, their [[nominal value]] is usually low, which means that with a small number of shares, the costs of transferring the [[dividend]] to the s ...rican companies). This is due to some fluctuations in the exchange rate of a given currency in relation to the dollar.
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  • ...drop in [[demand]] in the domestic [[market]] or an exceptional harvest in a given year. ...production]]. Competitive enterprises using predatory dumping will become a monopolist on the market, after that it raises prices in order to pursue mo
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  • ...petition is a topic of great [[interest]] to economists who perceive it as a coordinating power, leading to the compatibility between the volume of [[pr Both price and non-price competition that exist in a capitalist [[system]] are the result of rivalry between companies having li
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  • Perfect [[competition]] is a [[market]] model in which there are many buyers and many sellers, and none ...e market price, so the pricing below the market price does not make sense. A distinctive feature of the company operating in perfect [[competition]], is
    3 KB (430 words) - 03:03, 18 November 2023
  • As a result of risk identification, a list of identified risks and a list of potential responses to risks is obtained. * the impact that the occurrence of a given risk will have on the project
    7 KB (1,086 words) - 04:53, 18 November 2023
  • ...rinciples and dimensions of [[employee]] absences during the year, or over a longer period of time. The basic components of absenteeism are holidays and ...nvironment]]}} &mdash; {{i5link|a=[[Workload analysis]]}} &mdash; {{i5link|a=[[Business activity code]]}} }}
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  • New employees, often having a lot of [[knowledge]] and experience, are not able to work as effectively as ...ployee, the sooner he reaches the required [[performance level]], which is a benefit for the employee (satisfaction) and for the company (strong [[motiv
    9 KB (1,415 words) - 17:21, 17 November 2023
  • Employee personal data can include a wide range of information, including: * it is necessary for the exercise of rights and duties resulting from a provision of the law,
    5 KB (669 words) - 21:48, 17 November 2023
  • ...ns of taking the job, and job resignation in particular [[company]] during a specified period. * termination of the job contract, which was signed for a fixed term,
    9 KB (1,339 words) - 21:48, 17 November 2023
  • ...organization]] [[hierarchy]]. The second one has a close relationship with a person's personal development, its aspirations, values ​​and [[needs]]. * a conscious choice of career with the conviction of its rightness,
    3 KB (394 words) - 16:36, 17 November 2023
  • ...oll. Simplifies the [[management]] of human resources. Is used to organize a lot of documents necessary to calculate wages for workers. Thanks to the data included in the file, the employer may make a decision about:
    3 KB (508 words) - 21:48, 17 November 2023
  • ...pically, such an agreement determine only kind of job or position, without a specific indication of what actions will belong to the employee. The employ Labour Code no longer requires the development of a written scope of activities, however, the employer shall prepare it, at lea
    7 KB (1,075 words) - 05:14, 18 November 2023
  • '''Employment''' - number of people who show a professional activity. Expressed in commitment and [[capability]] of manpow ...forget that too large and rapid savings on staff costs, undeniably lead to a reduction in the [[quality]] of human resources in company. This is contrar
    7 KB (980 words) - 21:50, 17 November 2023
  • * as a result of redundancy, The departure of an [[employee]] voluntarily may be caused by a number of economic, psychological, health factors, etc. The greatest influe
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  • ...tation of the project and the expected results, but at the same time it is a valuable tool for project [[management]]. The main function of the project ...lso noted that a project charter in various organizations may be called in a different way. Its level of detail can vary depending on the [[company]] or
    10 KB (1,379 words) - 03:53, 18 November 2023
  • The result of [[risk identification]] should be a list of risks with description (risk register). If this step is performed a ...f each risk. This assessment is typically done using a matrix that assigns a numerical value to each risk based on the probability of occurrence and pot
    9 KB (1,303 words) - 01:58, 18 November 2023
  • ...l conditions existing in the economy. This definition shows that the it is a component of the total number of people of working age in the economy. ...a disadvantage. He believed that the working class was the key to creating a more just and equitable society, and that the overthrow of the capitalist [
    4 KB (571 words) - 07:53, 18 November 2023
  • ...ing the project or may come from the outside. Groups that are derived from a specific organization are often associated with specific departments functi ...|a=[[Project]]}} &mdash; {{i5link|a=[[Project charter]]}} &mdash; {{i5link|a=[[Decision types in business]]}} }}
    3 KB (388 words) - 03:55, 18 November 2023
  • ...onscientious, subjective reflection. In the case of problematic tasks with a high degree of complexity, team may find new opportunities to conduct, if o ...the opinion of group as whole, which is more reliable than the opinion of a single [[employee]].
    8 KB (1,236 words) - 17:27, 17 November 2023
  • ...he project is also supported by the capital and technical base, as well as a full range of methods, but the decisive element is its [[human capital]]. T ...personnel selection to the team is assigning tasks and responsibilities of a person with natural abilities corresponding to this task. The person respon
    8 KB (1,182 words) - 06:42, 18 November 2023
  • ...re required in every [[organization]] to achieve its objectives. Leader is a manager who effectively and efficiently manages the entire [[enterprise]], ...otential and the ability to learn quickly, mastering new skills along with a dynamically changing [[environment]] and organization,
    3 KB (454 words) - 19:34, 17 November 2023
  • ...merit of the individual, but a lot of people. Another disadvantage may be a character mismatch within team, which leads to frequent conflicts. Wrong ch ...d only directly (in four eyes). Conflicts are situations in which there is a conflict of interests, and its members are trying to impose their will on e
    8 KB (1,266 words) - 21:15, 17 November 2023
  • ...with significant status in the organization. The team meets several times a month to discuss ways to improve the [[quality]] of [[work]] and [[working * [[Virtual team]] - A team of workers from different locations and different time zones. Such tea
    2 KB (347 words) - 06:43, 18 November 2023
  • * closed - refers to a person reluctant to seek, but also reveal new information * blind - describes team members, from whom you can learn a lot, but who themselves are not looking for information, because it seems t
    3 KB (485 words) - 06:41, 18 November 2023
  • ...of the organization and its approach to project [[management]]. There are a number of models for project teams: * the role of a leader can be transitive
    9 KB (1,268 words) - 04:01, 18 November 2023
  • '''Teamware''' is a software solution used for supporting the development of [[knowledge]] in t ...as between team members, e.g. in projects. Suitable software and access to a network allows members of intense dialogue and above all reduces the time t
    8 KB (1,123 words) - 06:43, 18 November 2023
  • This is a form of an expanded collaboration or cooperation in the [[enterprise]]. * Knowledge sharing: CoPs provide a platform for members to share their knowledge and experiences, which can le
    3 KB (499 words) - 19:32, 17 November 2023
  • ...a test that shows the strengths and weaknesses of the candidate and gives a clear picture of his personality and natural ability. ...s to adjust persons to appropriate [[work]] position. This test consist of a list 172 of adjectives called "Organizational Survey". The filling takes ab
    7 KB (1,151 words) - 03:22, 18 November 2023
  • * Teams are generally useful where results require a breakthrough and [[creativity]], where [[method]] leading to the objective ...ive greater satisfaction from the project, they share the sense of "making a difference" in relation to the project.
    8 KB (1,282 words) - 04:32, 18 November 2023
  • ...ose main goal is to conclude a contract of sale of goods or a contract for a specific [[service]]. During canvassing following actions are performed: di * '''Initial contact''' - preliminary visit to establish a list of buyers worthy of further effort.
    13 KB (1,850 words) - 18:51, 17 November 2023
  • ...e requirements of the [[job description]] and intended design of the team. A useful tool in the selection of candidates is the model of William Marston, ...ed by positive behaviour in hostile environments, such attitudes represent a person active, enterprising, who like challenges and is able to stick and c
    8 KB (1,145 words) - 01:37, 18 November 2023
  • ...vironment]] where it lives and depending on the nature of that environment a person can manifest as an active or passive [[attitude]]. The theory that h ...of man, achieving the objectives, even in adverse conditions. People with a high D coefficient are determined, motivated by difficult task and power.
    8 KB (1,153 words) - 06:53, 18 November 2023
  • The questionnaire is a computer program that by analysing the answers to several questions quickly The Occupational Personality Questionnaire (OPQ) is a personality assessment tool that measures 32 characteristics or traits that
    9 KB (1,253 words) - 02:29, 18 November 2023
  • ...ist Poul van der Maesen, who in 1990 worked at MOA (the [[company]] within a [[holding]] MyersGroep which dealt with the [[consulting]] within [[organiz ...ychological perspective. These dimensions were derived through analysis of a huge number of AC projects. Another component of MBS are the QUEST tests (p
    6 KB (865 words) - 01:10, 18 November 2023
  • '''[[Work]] team''' (working group) is a group linked with the [[organization]] ([[enterprise]]). It can exist withi * functional groups - are groups created within the organization to achieve a number of objectives; its existence is indefinite; group still exists even
    3 KB (535 words) - 07:53, 18 November 2023
  • ...seven steps scheme serves as the tool for the manager who intends to build a team. ...asis is the definition of what the [[company]] wants to obtain by creating a team, what are the specific expectations, what are the priorities. It is ne
    7 KB (1,150 words) - 03:10, 18 November 2023
  • A set of techniques and tools used primarily to promote the exchange and diss ...sts itself in the fact that using advanced [[communication]] technologies, a team of people scattered in different places of the globe can [[work]] toge
    3 KB (481 words) - 07:45, 18 November 2023
  • ...hieve these goals. In this regard, the leader manager can be called simply a leader who has the formal authority within the organization, but the impact ...alization of the deeper purpose, so people have the conviction of pursuing a common goal. Leaders are promoters, all persons involved in the [[project]]
    4 KB (540 words) - 04:46, 18 November 2023
  • ...is obliged to perform. K. Marx, however, indicates that [[work]] should be a deliberate activity providing utility values ​​from the adaptation of n ...Paul II. In his opinion, a man is called to work. Every human activity is a job, regardless of its nature and circumstances. Through work, on the one h
    15 KB (2,326 words) - 04:22, 18 November 2023
  • There is a relation between designed quality, technical level and [[quality cost]]s: * Technological advances can, however, cause a reduction in production costs and the improvement of the designed quality w
    9 KB (1,309 words) - 21:04, 17 November 2023
  • ...f the management practices and processes within an [[organization]]. It is a measure of the ability of the management team to lead and guide the organiz ...ement]]: The ability of the management team to attract, retain and develop a talented [[workforce]].
    8 KB (1,196 words) - 04:21, 18 November 2023
  • '''Quality [[management]] [[system]]''' is a system composed of [[Quality management principles|principles]], procedures * Approach to improving effectiveness and flexibility of [[organization]] as a whole (J.S. Oakland).
    10 KB (1,438 words) - 04:19, 18 November 2023
  • Product is a good or a [[service]]. Good is a tangible commodity that fulfils human [[needs]] and provides utility to the Product is a result of [[process]]es in the [[organization]] which is presented to the [
    9 KB (1,342 words) - 01:37, 18 November 2023
  • Efficiency is a measure of compatibility between the model ([[planning]], set) and the actu ...ion of the action. Action is good, if the difference between the result of a useful and effort incurred for the implementation of this measure is greate
    3 KB (444 words) - 21:44, 17 November 2023
  • ...ssociated with the operation of normal activities by the [[enterprise]] in a specific period of time. ...ion, that are related to the running of a typical enterprise's activity at a given time. The cost incurred in the ordinary course of business are divers
    4 KB (633 words) - 20:09, 17 November 2023
  • ...with regulations regarding air pollution and waste disposal to operate in a particular location. ...at is sensitive to cultural differences may be more successful in reaching a diverse audience.
    3 KB (423 words) - 21:54, 17 November 2023
  • * legal personality - can act as a legal entity (this occurs at the moment of entering into the proper registr ...nit that converts three [[types of production]] factors into good which is a uniform, durable, meets [[need]]s of the [[consumer]]s. This specialised sm
    3 KB (458 words) - 21:52, 17 November 2023
  • At the turn of the 18th and 19th centuries, as a result of social change in Western Europe and the United States capitalism * prices are self-regulated, with a view to its natural level, ensuring a balance between the supply and [[demand]],
    3 KB (488 words) - 18:57, 17 November 2023
  • ...understood as collection of items and relations between them, which act as a whole and have common objective. Defining the system involves extracting: e System (from the Greek ''systema''), is a set of mutually interrelated elements functioning as one whole (inputs, tra
    3 KB (375 words) - 06:32, 18 November 2023
  • '''Quality management''' makes a step forward. As every activity in the [[company]] can impact the quality o * [[statistical process control]] by [[Walter A. Shewhart]],
    9 KB (1,160 words) - 04:18, 18 November 2023
  • ...r representing the frequency of occurrence for each category. For example, a Pareto Chart can be used to analyze [[customer]] complaints, to identify wh ...plete the process. For example, a Process Flowchart can be used to analyze a [[manufacturing process]], to identify potential areas for improvement and
    8 KB (1,225 words) - 17:04, 17 November 2023
  • ...f application of this method was initially limited to [[industry]], but in a short time, it has proven to be useful in many other areas. ...team should consist of people with high expertise, who, in addition, have a willingness to disclose the causes of defects, also those caused by themsel
    3 KB (433 words) - 22:30, 17 November 2023
  • ...[[statistical process control]]. The creator of control charts is [[Walter A. Shewhart]], who presented them in his book in 1924. Control charts are gra ...minate the real cause of problem in process. Such a signal is presented in a control card in the form of:
    9 KB (1,499 words) - 20:02, 17 November 2023
  • '''Pareto chart''' is a tool that enables managers to find the most important causes of the problem ...t shows that the incidence of most types of events can be observed in only a small portion of possible circumstances. This is true in many areas, e.g.:
    10 KB (1,587 words) - 02:57, 18 November 2023
  • ''Histogram'' is a compilation of data, in the form of a statistical chart consisting of adjacent bars (rectangles), which illustrat This [[method]] of construction is used when a number of distribution ranges are equal. If the series has unequal interval
    5 KB (738 words) - 23:21, 17 November 2023
  • ...ting and [[organizing]] [[information]], which relates to the specifics of a given [[product]] or process. Information about specific activities that ar * How many times there was a specific problem?
    3 KB (553 words) - 19:17, 17 November 2023
  • ...e tools that are used in the [[process]] of [[quality]] improvement. It is a graphical illustration of the view of the relations between the two variabl ...ervation consists of two variables (X, Y) which can be shown as a point in a two-dimensional coordinate [[system]]. How the points are grouped together
    4 KB (538 words) - 05:12, 18 November 2023
  • * operate with a broad base of suppliers * '''Cross-Docking''': Cross-docking is a logistics practice that involves the consolidation of shipments and the imm
    9 KB (1,369 words) - 17:33, 17 November 2023
  • ...order i.e. critical volume of stocks, which if reached, causes ordering od a certain size. The size of the order depends on the time required to receive * A - the cost of ordering
    7 KB (1,132 words) - 21:34, 17 November 2023
  • ...t]] and get the effect in the form of meeting [[customer expectations]] in a way that is faster, better and cheaper. ...ply, [[production]], distribution. Customarily, in many companies there is a principle, that restock occurs when they have received the order from the n
    8 KB (1,129 words) - 21:45, 17 November 2023
  • ...inventory of the material, while maintaining the same level of [[risk]] of a run out in one of the sub-stores, district stores (i.e. the point directly Examples of structures that use a two-tier inventory control can be:
    7 KB (1,117 words) - 07:12, 18 November 2023
  • ...the sea carriage states that the goods have been received and loaded onto a vessel. It defines the place of shipment, carrier information needed to del ...hrough endorsement, that statement holder that persists with its rights to a specified person.
    3 KB (464 words) - 05:30, 18 November 2023
  • '''Storage [[documentation]]''', used in a proper way to document magazine operations, allows for conducting effective * Instructions for storage - is a document defining the organization and warehouse [[management]] [[technolog
    8 KB (1,229 words) - 06:06, 18 November 2023
  • ...are stored in the logistics center in an organized manner, typically using a system of racks, shelves, or pallets. This allows for easy access and retri Overall, logistics centers play a critical role in the supply chain by helping organizations manage the flow
    4 KB (504 words) - 01:02, 18 November 2023
  • '''Logistic audit''' is conducted usually on a voluntary basis. Can be carried out at the request of the [[management]] of ..., manufacturing and distribution), each of the issues should be subject to a separate analysis to provide more complete information on the whole. It is
    7 KB (1,081 words) - 01:01, 18 November 2023
  • ...sociated services at using at least two different modes of transport under a single contract of carriage. The transport agreement concluded by the [[mul ...[[organization]] of a multimodal transportation system typically involves a combination of [[government]] [[planning]] and private [[enterprise]].
    9 KB (1,250 words) - 02:04, 18 November 2023
  • ...To be able to reload the materials of the vehicle it must be equipped with a ramp to allow free movement of the means of transport inside the warehouse. * A typical receiving area includes a dock, where trucks can back up and unload their cargo, and an office where
    7 KB (990 words) - 04:32, 18 November 2023
  • ...services, capital goods and R&D services. It is often broadly described as a '''procurement [[management]]''' on operational level, '''strategic procure * there is a problem of profitability,
    4 KB (592 words) - 03:39, 18 November 2023
  • ...The optimal location of the warehouse helps reduce [[cost]] and to create a well-organized logistics [[system]]. ...mum of the square of the distance, so that the function Q does not contain a square root).
    8 KB (1,220 words) - 20:26, 17 November 2023
  • '''Inventory costs''' refer to the expenses incurred by a business in relation to [[holding]] and maintaining inventory. Stocks are a * Shortage costs: These are costs that a business incurs as a result of not having enough [[inventory on hand]] to meet [[customer]] [[de
    3 KB (440 words) - 00:17, 18 November 2023
  • ...related to the commitment of necessary resources. The fulfillment of such a condition is substantially simplified by the [[logistics]] [[information]] ==Information as a coordinator==
    9 KB (1,230 words) - 20:05, 17 November 2023
  • ...f orders, as well as responsiveness to changing [[customer]] expectations. A manifestation of desire for integration in this area is use of systemic app ...activities often involve coordination between different departments within a company, such as [[production]], sales, and [[marketing]]. By improving the
    3 KB (449 words) - 00:04, 18 November 2023
  • ...cess inventory. The production process can then be based on production for a customer order and not on [[mass production]] where we produce material for ...ial or see a decrease in demand for a given good or [[service]]. It forces a quick response to the situation and immediate solution of the problem by co
    12 KB (1,847 words) - 01:39, 18 November 2023
  • ...efficiently will be able to produce more goods at a lower cost, giving it a [[competitive advantage]] in the [[market]]. Let's take a look at some specific examples of logistics in [[action]]:
    4 KB (497 words) - 22:51, 17 November 2023
  • Transport - is a set of actions involving the movement of material goods in time and space b ...nch of the transport, while at the same time using only one load unit e.g. a container for the whole journey.
    7 KB (937 words) - 07:10, 18 November 2023
  • ...t storage areas and handling equipment are designed and maintained in such a way that they are safe for workers to use, and that they comply with releva ...s, stocking and creation and processing of related [[information]] require a specific storage infrastructure. which consists of:
    9 KB (1,315 words) - 06:06, 18 November 2023
  • ...due to inability to predict future, the strategic risk management becomes a necessary tool for managers. It helps extend planning and increase its accu # It's a [[process]] for identifying, assessing, and managing both internal and exte
    11 KB (1,506 words) - 04:19, 18 November 2023
  • '''Master [[production]] schedule''' (MPS) - is a detailed [[plan]] of the production broken down by specific time intervals MPS is customarily presented in the form of a table where the columns are substituted for previously defined time interva
    7 KB (1,002 words) - 01:38, 18 November 2023
  • '''Waste and recyclable raw materials''' are generated as a side-effect of the processes of [[production]] and distribution (including ...is area we highlight also the flows of products consumed, which can become a secondary material or be subject to liquidation, as well as the waste. Due
    3 KB (427 words) - 04:50, 18 November 2023
  • ...uantity, degree of compliance with the requirements, opportunity to ensure a long term cooperation, focus on closer cooperation with the [[customer]] an ...anagement''': This involves managing the storage and retrieval of goods in a warehouse. This includes managing space utilization, stock rotation, and in
    7 KB (966 words) - 06:28, 18 November 2023
  • A Production logistics subsystem can provide a number of advantages for companies, such as: ...ion is that production logistics is expensive to implement, as it requires a high level of expertise and the coordination of many different processes an
    8 KB (1,051 words) - 03:45, 18 November 2023
  • * '''[[Freight]] forwarding''': Freight forwarding is a service that arranges the transportation and storage of goods on behalf of ...rehousing''': Warehousing is the process of storing goods and materials in a warehouse. This includes goods that are waiting for delivery, goods that ar
    9 KB (1,205 words) - 21:22, 17 November 2023
  • ...stics]]}} &mdash; {{i5link|a=[[Operational management]]}} &mdash; {{i5link|a=[[Dependent demand]]}} }}
    3 KB (458 words) - 01:04, 18 November 2023
  • A typical example is the automotive [[industry]]. ...plication of Lean Supply Chain Management in the [[production process]] is a good [[knowledge]] of the [[organization]] and its functioning. It involves
    10 KB (1,377 words) - 00:45, 18 November 2023
  • Customs clearance is a completing of all activities provided for under the rules of customs proced ...rnational treaties. Control may be imposed on full supply of goods or just a random part of it. It takes place in the presence of the importer, the cons
    3 KB (513 words) - 20:38, 17 November 2023
  • ...rier''' is an entity that provide [[service]]s [[transport]] available for a fee. Public carrier does not distinguish their customers. Public transport ...ain (limited) number of shippers. Operation is carried out on the basis of a special agreement. Contract carrier activities is regulated.
    9 KB (1,365 words) - 22:45, 17 November 2023
  • ...[shipping]], freight, and [[insurance]]. For example, the cost of shipping a package from San Francisco to New York City can include the cost of fuel fo ...ing for inventory, such as [[depreciation and amortization]]. For example, a warehouse may [[need]] to pay for storage space, equipment, and personnel t
    10 KB (1,391 words) - 07:17, 18 November 2023
  • ...concept. Treating supply chain as "extended enterprise" is associated with a specific approach to enterprise collaboration, which involves the eliminati Implementation of the presented concept is associated with a [[change management model|change in the approach]] to business management.
    9 KB (1,239 words) - 22:14, 17 November 2023
  • * commercial, which is a factor with regard to the allocation of rights of ownership to the goods be ...another. For example, goods may be shipped by sea and then transferred to a truck for final delivery.
    4 KB (541 words) - 05:29, 18 November 2023
  • A '''purchase [[strategy]]''' refers to a [[plan]] or approach that a [[company]] or [[organization]] uses to acquire the goods and services it [ The main components of a purchase strategy include:
    4 KB (492 words) - 04:10, 18 November 2023
  • Logistics information systems (LIS) can provide a variety of advantages to organizations that use them, including: ...} &mdash; {{i5link|a=[[Production logistics subsystem]]}} &mdash; {{i5link|a=[[Coordinative function of logistics]]}} }}
    3 KB (470 words) - 01:03, 18 November 2023
  • ...ment of goods and services from suppliers to customers. These systems play a critical role in managing the flow of materials and information across the With this system, the partner companies, can find a niche in the market and to use [[information]] across whole [[logistics]] n
    10 KB (1,320 words) - 05:05, 18 November 2023
  • ...tection against damage and loss of value. Means of internal transport have a very important impact on the course of [[production process]]es. ...sses and various models depending on the application. The choice of use of a specific [[system]] must take into account not only technical parameters, b
    8 KB (1,256 words) - 00:11, 18 November 2023
  • ...ass-through for the entire [[product]] or with the first procedure to open a new procedure to transit of goods. In one vehicle, you can carry the consig ...same state, but a fragment of the route must pass through the territory of a foreign country. The TIR Convention exempts charge of [[customs clearance]]
    8 KB (1,202 words) - 18:49, 17 November 2023
  • ...as services include: warranty and post-warranty services, which is also to a large extent of [[interest]] in the area of ​​logistics. ...oduction, inventory, location and transportation among the participants in a supply chain to achieve the best mix of responsiveness and [[efficiency]] f
    8 KB (1,158 words) - 17:22, 17 November 2023
  • ...the optimal batch size is fixed at carefully selected time intervals, e.g. a month. ...d the actual stock. The main problem in planning purchases in the event of a change of the requirements is ignorance of the level of demand for this typ
    3 KB (409 words) - 04:10, 18 November 2023
  • ...order|plans of deliveries]]. Main objective in coordination is to prevent a lack of raw material. On the other hand, there can be too much of raw mater The basic intention of the policy is determination of a pattern, which will be the basis for determining the parameters of the cont
    8 KB (1,258 words) - 05:06, 18 November 2023
  • ...the decision regarding funding of the project. In the phase of formulating a main tool used to check the feasibility of the selected priority [[option]] This stage begins with a brief overview of the project aims and objectives, and after that project [
    15 KB (2,237 words) - 03:53, 18 November 2023
  • ...the outside. Analysis is a helpful tool for existing companies to consider a new venture or assess its strategic position. Investors can also use it to '''Threat of new entrants''' applies to all companies that can enter a given market, both existing ones and those that are just being created. The
    11 KB (1,580 words) - 06:54, 18 November 2023
  • ...tically determine the personal and team objectives. Objectives should have a moderate degree of difficulty, be substantiated, and at the same time such ...l effort in [[work]] is as natural as play or rest, commitment to goals is a function of rewards associated with their achievement, people acting on obj
    12 KB (1,743 words) - 01:16, 18 November 2023
  • ...he PCM methodology. This stage examines the existing situation, to develop a vision of the desired situation in the future and to choose appropriate str ...alysis of the [[strategy]] (comparison of different [[options]] to address a given situation)
    9 KB (1,339 words) - 05:57, 18 November 2023
  • ...s and characteristics which make up the service. Each state corresponds to a certain level of fulfilling the [[needs]] of consumers, and thus also their ...n of the consumers all activities focused on quality will be burdened with a large [[risk]] of failure. An extremely important feature influencing the s
    9 KB (1,202 words) - 23:25, 17 November 2023
  • ...ceptance by the [[freight carrier]] to ship the item amount covered by it. A bill of lading constitutes the legal relationship between the carrier and t The bill of lading can function as a security. It represents an item for which it has been issued and is entitle
    8 KB (1,357 words) - 18:21, 17 November 2023
  • ...thnic group. And it is hard to precisely differentiate ethnic tourism from a sentimental tourism. ...ot themselves come from places visited, but have taken the trip because of a desire to meet with the place of origin of their ancestors. An important te
    10 KB (1,482 words) - 21:59, 17 November 2023
  • ...pproach to managing organization by creating value for [[customer]]. It is a long-term approach that requires [[continuous improvement]] in all areas of ...s and 90s, and it was known more as a philosophy and set of ideas, less as a set of tools. This pragmatic approach is typical to lean management.
    9 KB (1,369 words) - 00:44, 18 November 2023
  • ...in such a way that each component function will detach and perform sets at a certain level of expertise, the overall amount of work and the means of [[p ...curacy of selection (harmonization) of elements whose work is divided into a maximum time of alignment, the size of the useful effect of the team depend
    13 KB (1,886 words) - 03:33, 18 November 2023
  • ...efine and its essence is expressed as a lifetime relationship that creates a superior managerial influence over the subordinates. Management style is ch Research on management styles led to the creation of a variety of concepts, which are often not so much the reality but rather ing
    14 KB (2,140 words) - 01:19, 18 November 2023
  • ...ng]] and sightseeing, sea and coastal sailing cruises. Maritime tourism is a type of tourism including seagoing tours, coastal shipping, sailing, kayaki ...m of trips offshore, giving the opportunity to see what was the subject of a lecture at the school; such cruises complement the school curriculum, as we
    7 KB (1,011 words) - 19:24, 17 November 2023
  • * Projects with a '''high degree of novelty''' (originality), examples: * Projects with a '''low degree of novelty (originality)''', examples:
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  • '''[[Risk]] [[management]] process''' is a sequence of activities which aim at reducing the risks to acceptable level. ..., [[financial management]], [[quality management]] and others areas. It is a universal approach to risks. Therefore, it is recommended to implement one
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  • ...purchasers to buy a [[product]] or [[service]] over the phone or by way of a [[call center]]. Telemarketing helps companies to boost profits, reduce sal ...e a conversation if the potential [[client]] does not show [[interest]] in a purchase.
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  • ==Strategizing as a planning process== [[Strategic planning]] processes is first in a sequence of [[strategic management]] whose goal is to introduce and impleme
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  • '''Value stream mapping''' is a [[method]] used to analyse the [[production]] [[system]]. It shows how the Value stream mapping is a tool that can be used with a sheet of paper and a pencil. It helps in seeing and understanding the flow of materials and [[in
    8 KB (1,167 words) - 07:38, 18 November 2023
  • ...in the implementation of the tasks with the norm, which can be defined as a base (reference) for comparison. [[Process]] control operations should incl ...t for [[planning]] and remuneration; provides [[relevant information]] for a possible correction standards).
    3 KB (387 words) - 01:14, 18 November 2023
  • ...uality assurance]] and [[quality management]]. In quality control there is a feedback link between [[quality inspector]] and workers at the [[production ...at allowed early [[identification]] of quality problems. The main tool was a [[control chart]]. Thanks to this improvement, workers could react faster t
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  • ...h suppliers, companies and final customers to deliver the highest value at a lowest [[cost]] for the entire chain. Most important feature in supply chai ...s been in practice from the second half of the twentieth century. This was a consequence of the severity of the [[need]] for cooperation of enterprises
    13 KB (1,899 words) - 03:31, 18 November 2023
  • ...uties during the organization of the warehouse. But that information is of a temporary nature, and for best results, managers must continuously monitor An effective warehouse organization should take into account a number of principles to ensure the smooth functioning of the logistics proc
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  • ...mer, but it increases [[quality cost]]s. Quality inspection doesn't create a value for customer (customer won't pay more if you perform the check 1 or 5 ...nternal/external standards that define [[acceptable quality level]] (AQL). A list of standards and some calculators can be found on SQC Online website<r
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  • ...[[turnover]] and thus gain a larger [[market]] share. Target [[market]] is a [[market]] where the [[company]] should focus, locate its activity. In orde ...on of these factors.By comparing these effects with each other one obtains a measurable picture of the effectiveness of the impact of individual factors
    10 KB (1,515 words) - 05:18, 18 November 2023
  • ...ints, during [[transport]] of goods. The logistics chain can be defined as a logistics network extending between the markets of supply and sales of fini ...ply chain of a [[company]]. This includes all the steps involved in taking a [[product]] from raw materials to the [[finished product]], and then delive
    8 KB (1,183 words) - 01:03, 18 November 2023
  • ...bout their activities). In the case of entrusting such an entity status of a full service logistics provider, it becomes an intermediary in providing [[ * Electronic Data Interchange (EDI) - EDI is a secure and highly efficient way to transfer data and documents between two
    10 KB (1,418 words) - 05:49, 18 November 2023
  • Dr. Krzysztof Wozniak is a member of the faculty in the Department of [[Management]] [[Process]] in Cr * Cooperation with the Kraków [[Technology]] Park - as a technological expert in the "Foresight Labs ", conducting workshops and pre
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  • As opposed to the bill of lading, waybill can not be traded as a security. In the implementation of standardized, common [[transport]] waybi ...ate waybill (HAWB) is drawn and a collective letter in which the sender is a [[forwarder]], and recipient is forwarder who split consolidated cargo to s
    7 KB (1,028 words) - 07:49, 18 November 2023
  • ...as first used in 1972 in Japan, in the yard belonging to Mitsubishi. After a few years, it gained popularity in the United States, where it was used suc ...ign [[cost]]s and shorten its duration meant that there was a [[need]] for a [[method]] that would make it possible to translate the conscious and uncon
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  • If the load for a specific port, will not be received and for any reasons will return to the ...s goods]]}} &mdash; {{i5link|a=[[Ocean bill of lading]]}} &mdash; {{i5link|a=[[Shipping]]}} }}
    3 KB (403 words) - 22:45, 17 November 2023
  • ...etter results. Since 90s it is used also in [[process improvement]] and as a simple tool of [[risk management]]. Despite over half of century since deve #* Setting a team
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  • '''Customs Office''' (customs House) - in international trade, is a [[public administration]] body created for the sole purpose, of imposing ta Customs office tasks include a variety of functions related to enforcing taxes and customs regulations on
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  • ...e Optimization) activities''': SEO refers to the [[process]] of optimizing a website to improve its visibility in search engine results. Businesses use ...'': The security of business information systems is a critical concern, as a security breach can lead to the loss of sensitive data and the disruption o
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  • ...by road between countries that are party to the Convention. It establishes a set of standardized rules and regulations for the international carriage of ...ation provided by government organizations of member states. It applies to a wide range of services in international commercial transport of goods.
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  • The quality assurance is a [[system]] of double feedback loop. The first feedback loop sends [[informa The idea of quality assurance was a natural step forward from quality control. It's principles were created by
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  • International logistics is a concept much wider than the national logistics. Includes the [[planning]], ...ain model]]}} &mdash; {{i5link|a=[[Process innovation]]}} &mdash; {{i5link|a=[[International transport]]}} }}
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  • Transportation - a separate set of activities related to movement of people and property by ap Transport enables movement of goods between places and creates a bridge between buyer and seller. Transport [[service]] provider affects the
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  • The change agent is an expert, a spokesman for change or transformation leader (is an positive example for o ...lies. The change agent is considered to be a consultant and referred to as a specialist in the field of [[planning]] and organizations development. It w
    3 KB (406 words) - 19:13, 17 November 2023
  • R.N. Ottaway i C.L. Cooper proposed a taxonomy of agents of change, including the following types: * Generators of change (their goal is to provoke a sense of the [[need]] for change in the community), including:
    8 KB (1,244 words) - 07:13, 18 November 2023
  • ...arantee the [[efficiency]] of implementing the changes. It may also act as a coach for the team members. by helping them to use their experience to achi * '''Technical expert''' providing specific expertise in a given area.
    9 KB (1,282 words) - 19:13, 17 November 2023
  • ...preferences''' is a research approach consisting in classifying objects in a certain scale, which is reflected in the [[hierarchy]] of their importance. The basis of the effectiveness of preferential methods is the possibility of a meaningful and sufficiently strict measurement of objects under study. The
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  • The preparation of the budget because of its significance is a complex [[process]] and usually consists of several stages. ...the system is developed and how much decision-making levels must pass such a project, depends on the size of the company.
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  • ...[[evaluation]] of the degree of completion of the [[project]]. It contains a series of questions or issues related to the project or its [[environment]] ...ld be established in the [[planning]] phase of the project, it constitutes a valuable tool for monitoring the implementation and [[final inspection]] of
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  • [[Management by objectives]] (MBO) is a systematic [[process]], involving following steps: ...gement]] as a [[system]] of formal, officially declared rules. It includes a series of procedures and instructions for implementation.
    8 KB (1,230 words) - 01:16, 18 November 2023
  • Management by walking (or wandering about) is a popular form of organizational [[communication and collaboration]]. The ide ...ent is Bill Marriott Jr. (co-owner of the Marriot Hotel chain), who spends a lot of time just walking around the hotel. He goes to the kitchen, loading
    8 KB (1,231 words) - 01:17, 18 November 2023
  • '''[[Management]] by exceptions''' refers to a group of [[management]] techniques used to improve performance of [[employe [[Management]] by exception can be understood, as a recommendation to intervene only in case of deviations and intervene only i
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  • Delegating is a concept associated with the specifics of managerial [[work]]. Manager entru ...heory of management|organization and management]] to found a delegation as a distinct management technique.
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  • * identifying products promising a chance to get the best results, ...e created from any part of the business, but under condition that there is a possibility of direct calculation of the costs incurred. These are contract
    6 KB (951 words) - 01:16, 18 November 2023
  • ...thering of statistics data, applying mathematical and numerical methods as a main and (sometimes) only technique used by management. ...mong alternative courses of [[action]] in order to achieve a goal or solve a problem.,
    8 KB (1,204 words) - 01:16, 18 November 2023
  • [[Motivating]] to work involves the use of a number of different tools and instruments that affects human [[action]] and ...tion is paid to the search for ways to stimulate employees to work in such a way that they acted willingly in performing delineated tasks.
    7 KB (1,048 words) - 01:15, 18 November 2023
  • '''[[Management]] by projects''' - a set of activities including [[planning]], [[decision making]], [[organizati Management by projects has become today a very popular management tool used in organizations. By using of this concep
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  • ...the management there are two kinds of participation models an American and a German. First is characterized by trust and tolerance, domination of manage * '''[[Quality]] Circles''': [[Quality circles]] involve a group of employees from the same department that meets regularly to identif
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  • ...ple in [[company]]. Within the [[system]] of symbols, corporate culture is a kind of language, [[identity of the company]], dress code for employees, in Most scientists believe that creating a culture of the [[organization]] is main role of its managers. Managers must
    10 KB (1,409 words) - 01:14, 18 November 2023
  • ...e quite normal and even thought that through them, managers could generate a valuable difference between parties of conflict, which lead to [[innovation * [[management]] should manage conflict and resolve it in such a way that their intensity was maintained at the most optimal level,
    10 KB (1,496 words) - 01:14, 18 November 2023
  • ...]] of their work. This also contributes to building a climate of trust and a good working atmosphere. ...ash; {{i5link|a=[[Internal and external communication]]}} &mdash; {{i5link|a=[[Stakeholders]]}} }}
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  • * able to create a climate and [[organizational culture]] that encourages change, # Bringing a significant breakthrough, providing dynamic development of the company:
    4 KB (562 words) - 01:15, 18 November 2023
  • ...act, it's a habit''<ref>[http://blogs.umb.edu/quoteunquote/2012/05/08/its-a-much-more-effective-quotation-to-attribute-it-to-aristotle-rather-than-to-w * Work as a team
    9 KB (1,316 words) - 22:18, 17 November 2023
  • ...anagement software, clear project objectives, a detailed project plan, and a system for monitoring and [[controlling]] project progress. This approach i ...ect into smaller components''': The system approach involves breaking down a project into smaller, more manageable components, which makes it easier to
    11 KB (1,647 words) - 06:33, 18 November 2023
  • ...oups, and organizations interact and how they [[work]] together to achieve a common goal. It explores topics such as leadership and decision-making, [[t ...: This involves the management of the processes and resources that produce a company's products and services. It includes topics such as process design,
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  • '''Representatives''': FW Taylor, A. Smith, Ch. Babbage, H. Le Chatelier, Ch. Bedaux, F.B. Gilbreth, H. Fayol, ...e the goal, the preparation of conditions and measures, the realization of a preconceived [[plan]], control of the results),
    11 KB (1,511 words) - 02:48, 18 November 2023
  • '''Strategic [[management]] principles''' include a wide range of policies, guidelines and best practices to strategic manageme ...tion of the methodology of general systems theory, treating the company as a multi-dimensional system, the desire to achieve and maintain the integrity
    10 KB (1,353 words) - 06:13, 18 November 2023
  • ...n organizations usually take the form of human '''action'''. The action is a conscious, deliberate and arbitrary [[behaviour]]. * '''perpetrator''' - in the praxeological sense it is always a man/woman ([[employee]], manager),
    4 KB (528 words) - 14:51, 17 November 2023
  • ...parts: the inner contains the key areas, the middle expands them and shows a methods supporting the external [[action]] of [[TQM]] in the field of servi ...ople. However, in relation to other employees there should be adopted such a level of empowerment that is needed for the provision of assistance to the
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  • '''[[System]] approach to [[management]]''' arose as a result of attempts to overcome the limitations of the [[diagnostic approach Recognition of the [[organization]], as a [[system]], whose subsystems form a hierarchical structure, and comprehensive examination of its structure. In
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  • * Determine the subject of the study - a description of all components of the [[organization]], which will be tested ...s of [[management]]. Deviation of the actual from the desired condition is a problem to be solved. Example sources of problems: man, machine, [[informat
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  • Genesis of this [[method]] is connected with a '''operations research group''' of experts working at the headquarters of t ...the [[enterprise]] by using mathematical methods. Operational research is a collection of structured methods and techniques derived from the theory of
    11 KB (1,586 words) - 02:38, 18 November 2023
  • ...ed at understanding the multi-faceted man-technique [[system]] and develop a set of propositions which are scientific basis for the mutual adaptation of * Third generation was formed as a discipline concerned with the design of wider complex system in terms of bo
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  • '''[[Investment]] [[project]]''' can be defined as a set of interdependent tasks and activities, undertaken by [[company]] to ac ...may lead to a reduction in profits. In this case, the company should make a detailed cost analysis. Examples of actions aimed at cost reductions are re
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  • ...he operator. Man-machine system is the keystone of the work [[process]] is a component of all systems of [[production]]. In the course of its operation Man is a biological system, the machine is a tool to replace or assist a man at work.
    9 KB (1,237 words) - 21:57, 17 November 2023
  • * problem as a difficult situation, * problem as a new situation,
    8 KB (1,114 words) - 23:18, 17 November 2023
  • ...maller project that is part of a larger project. It is a way to break down a large project into smaller, more manageable parts. ...has its own objectives, deliverables, and timelines, and is usually led by a subproject manager. The subproject manager is responsible for ensuring that
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  • ...oes without interrupting across all the steps and phases of the process in a forced order of operations, they are suitable for heavy chemical industry, ...of these processes are often subjected to further processing or machining. A typical example of these processes is metallurgy, thermal power electricity
    10 KB (1,387 words) - 02:42, 18 November 2023
  • ...tioning of the state and its citizens, as well as organizations engaged in a [[market]] activity. ...etween the management of public organizations and business units there are a number of differences:
    7 KB (1,090 words) - 03:32, 18 November 2023
  • ...[company]] as an IT division or IT department, but it can also function in a distributed system. ...with the governing bodies. Development of information material is already a specialized conceptual [[work]], which includes analytical operations, [[pl
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  • ...and news. The data is the form of information that can be processed using a computer and the messages are ordered sets of data that contain information * Amount of information - too much information can be a problem for managers
    3 KB (431 words) - 21:41, 17 November 2023
  • ...erspective. The first one consists of four main planes of the structure of a management information [[system]]: * The information needs of users - data necessary in connection with a specific user goal and because of the expected or the circumstances of the
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  • ...cerns the [[decision making process]], as a sequence of actions to achieve a certain choice. According to H. Simon decision-making process includes the ...ment]] looking for the [[Conditions of decision-making|condition requiring a decision]], the diagnosis,
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  • * Creating a more favourable physical [[working conditions]]. ...uipment, the cost of construction and expansion of facilities, the cost of a break in [[service]], the cost of [[training]] and instruction, lower labou
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  • ...doing so, the participants affect the common object of work (usually it is a document or set of documents) and execute in sequence various tasks (e.g., ...es and protocols, and handling financial or accounting tasks. For example, a [[company]] may employ an administrative assistant to manage their daily op
    9 KB (1,314 words) - 02:42, 18 November 2023
  • ...site operators (multi-plant companies, joint ventures, joint enterprises), a group of entities with established management center. ...rsonality, clustering by technological or [[industry]] [[specialization]], a significant concentration of capital and production.
    14 KB (1,991 words) - 00:40, 18 November 2023
  • ...inary skills and strong commitment. Perceptions of managerial work as just a source of power, the possibility of subordination and reaping bigger profit ...ng, organizing, and controlling resources to achieve specific goals within a set timeframe. Project managers must be able to effectively manage the reso
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  • ...be treated in two ways. In general, the decision model can be regarded as a representation of reality in particular problem area, and is used as key in ...lements of the decision, which is a collection of satisfactory decision or a set of optimal decision. There is clear distinction between descriptive mod
    10 KB (1,509 words) - 05:19, 18 November 2023
  • '''Group [[decision making]]''' is a specific situation, during which important decision are discussed and under * Too much interaction, a long time needed to make a decision.
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  • ...n and its environment have on each other multiple effects, thereby causing a feedback between each other, which determines the smooth functioning of the ...Holding]]}} &mdash; {{i5link|a=[[Industry environment]]}} &mdash; {{i5link|a=[[Opportunities and threats]]}} }}
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  • ** A place in space * '''Organizational cell''' - a team consisting of a human supervisor and subordinate team members, the purpose of implementing,
    11 KB (1,618 words) - 03:30, 18 November 2023
  • ...t of the '''life cycle of the [[organization]]''' can be described through a sequence of successive phases of [[organizational development]] in time. ...important is to attract people with the highest qualifications who will be a source of [[motivation]] and professionalism of the organization.
    11 KB (1,597 words) - 02:42, 18 November 2023
  • '''[[Management]]''' is complex [[process]] consisting in a number of '''management functions'''. The most popular management functions ...it is the most important function of management, so it is important to do a good plan. We can divide plans into following categories: strategic plans,
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  • * [[Workplace]] design - a definition of the tasks and responsibilities of the [[employee]], or the sc * Grouping of jobs - joining in a logical and efficient way of workplaces and employees. It is the creation o
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  • [[Motivation]] is a psychological mechanism that runs and organizes human [[behaviour]] to achi ...motivation]]}} &mdash; {{i5link|a=[[Behavioral school]]}} &mdash; {{i5link|a=[[Work team]]}} }}
    3 KB (343 words) - 02:01, 18 November 2023
  • ...ective action. Effective supervision is one of the most important tasks of a good manager. Relationships between [[planning]] and control are presented '''Managerial control''' - is a systematic action to establish performance standards for the planned object
    12 KB (1,761 words) - 20:03, 17 November 2023
  • ...of a project should be weighed carefully before proceeding, as it may have a lasting impact on the organization’s performance and success. ...y]] in production, an improved ability to respond to customer demands, and a better understanding of the company’s costs and profits.
    6 KB (877 words) - 02:45, 18 November 2023
  • ...ular, he should control areas, where the deviation from the norm can cause a lot of damage to the [[company]]. * Normativity and operability - The control system should include a set of proposals for corrective actions for the most common deviations. Thi
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  • ...s approach''', treats the [[company]], or in fact any [[organization]], as a stand-alone system, having the following features: * Maintaining a steady state, i.e. immunity to changes in [[environment]] (to certain level
    7 KB (962 words) - 20:39, 17 November 2023
  • ...rsonal analysis can determine the extent of performance problems caused by a lack of qualifications Analysis of potential job profiles is a method to control the potential effects of the development work. It can be
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  • ...information]], determines the benefits of perfect accuracy and operates in a fully rational manner. * '''Groupthink''': Groupthink is a phenomenon that occurs when a group of people make decisions without considering all of the potential [[o
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  • ...y's management [[strategy]]. [[Strategic management|Strategies]] represent a variety of organizational measures, which may take the form of improvements ...ant tool in this approach are periodic reviews and rankings of managers in a given speciality. They are aimed at assessing the effectiveness of manageme
    10 KB (1,350 words) - 00:41, 18 November 2023
  • ...ositively from the point of view of the goal. Quantitative changes lead to a growth of the [[system]]. The development of the organization includes a set of changes or intervention techniques, ranging from structural and syst
    13 KB (1,739 words) - 21:05, 17 November 2023
  • ...roduced and services rendered are taking place as a result of implementing a variety of operations, such as research and development, [[logistics]] (sup ...the growing importance of the [[organization]] of production and labour as a factor of [[competitiveness]].
    3 KB (434 words) - 02:38, 18 November 2023
  • ...n]] is deemed to be effective if it complies with the relevant criteria in a given situation. '''Methodological efficiency'''. It refers to a situation where the operator did everything in the circumstances (especiall
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  • ...s, the risk of personal interests, reducing power or spheres of influence, a sense of loss (for example, the current status). Identifying sources of res ...volved in the process of change will help them to understand the change in a better way and also make them feel that their opinion is valued.
    10 KB (1,448 words) - 02:53, 18 November 2023
  • ...organization and well-being of workers. The development of organization is a prerequisite for the survival, stability and improvement. Internal development is a consequence of maintaining:
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  • ...for the product, making plans for achieving those goals, and establishing a mission statement. The [[tactical decision]] involves planning the resource In conclusion, the decision to invest in a new product is a good example of decision types in business. This decision involves strategi
    10 KB (1,366 words) - 20:49, 17 November 2023
  • ...ding [[knowledge]], [[information]] and understanding (e.g., device model, a model of the economy, [[company]] model, [[system]] model). The word model ...up in order to focus attention on that which is most important, which has a significant impact on the specific process. Therefore, the model ignores th
    13 KB (1,860 words) - 02:44, 18 November 2023
  • ...years. At the beginning of existence, the controlling was identified with a function of control. Those days, the controlling cells dealt only with past * it relates to a lack of goal congruence,
    10 KB (1,470 words) - 21:08, 17 November 2023
  • ...ation]] for [[continuous improvement]], allowing transformation of it into a [[learning organization]]. ...trol, design and implementation of changes in the company. They constitute a new, perfect conditions for the operation and collaboration with the enviro
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  • * in the event of a conflict, manager try to subjugate the people, ===5.5: Adequate performance at work, a compromise between the results and the rights of co-workers===
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  • The '''scope of the [[project]]''' is a document that is the basis for determining further [[work]] in the project, ...at the [[Project cost management|project costs]] will be higher because of a small (according to managers) change, causing the [[need]] to repeat some o
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  • The waste is everything that doesn't create a value for the [[customer]]. The customer wants good [[product]]. The [[comp ...re inventory than required in order to keep the flow of the [[process]] is a waste. The organization should apply e.g. [[Just in time]] to reduce it.
    10 KB (1,505 words) - 14:35, 17 November 2023
  • ...stes was originally developed by Taiichi Ohno, engineer in Toyota, and was a part of Toyota Production [[System]], later [[Lean manufacturing]]. The waste is everything that doesn't create a value for the [[customer]]. The customer wants good [[service]]. The [[comp
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  • '''Direct [[marketing]]''' is a specific way of [[communication]] between [[company]] and customer, which m ...e amount of information on customers is kept in [[database]]s. Database is a collection of current and potential customers which includes their addresse
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  • ===3. Create a level product development process flow=== ===5. Develop a chief engineer system to integrate development from start to finish===
    15 KB (2,121 words) - 00:44, 18 November 2023
  • ===4. Every lean development project is a team effort=== ...nd frequent testing. Agile teams work in short sprints, often lasting just a few weeks, to quickly develop features and deliver value to customers.
    12 KB (1,760 words) - 00:44, 18 November 2023
  • ...ent]] activities. They claim that management activities don't add value to a [[product]] and therefore are waste. Well, if so, who is responsible for im ...tion]], Over-processing, Motion and Transportation. These wastes can cause a significant amount of [[time and money]] to be wasted on software developme
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  • ...rsonal decisions and official orders, the lack of freedom of subordinates, a large distance in personal relations with subordinates. ==Characteristics of a democratic style of leadership==
    11 KB (1,640 words) - 00:52, 18 November 2023
  • '''Konnayku stone''' is known as devil's tongue, is a [[quality control]] tool used to eradicate imperfections in manufactured pa ...facturing business is to make a [[quality]] [[product]]. Konnyaku stone is a technique that can be employed by workers at all levels of the [[organizati
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  • The term '''organizational change''' describes everything that implies a violation of the initial situation (''status quo'') of [[organization]], in ...s and may relate to its various parts. The change occurs wherever there is a [[need]] for it. Ability to adjust the pace of change and methods of their
    15 KB (2,213 words) - 02:43, 18 November 2023
  • '''Toyota [[Production]] [[System]]''' (TPS) is a [[management]] system which aims for reduction of waste in every [[process] * '''Just-in-Time (JIT) Manufacturing''': Just-in-time is a production system that uses smaller batches of items and produces them only
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  • ...ointed by an [[Public administration|public institution]]. Employee is not a natural person who performs [[work]] on behalf of another person under [[se ...has completed 18 years, but under certain conditions can also be younger, a person who has completed 16 years of age and did not exceed 18 years.
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  • ...ions or demographic trends. Analysing the far environment further not have a clear canon of research and well defined scope. Analysis depends primarily ...t]] of [[production]]. In case of high unemployment the company can afford a big selection and pickiness in looking for new [[employee]]s. When interest
    8 KB (1,177 words) - 22:15, 17 November 2023
  • ...d manufacturing of the goods or performing services. Producer who produces a harmful [[product]] is responsible for the damage caused by this product. * They must act on the basis of a contract or status ("[[certificate]] of incorporation"),
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  • '''Evaluation of the [[project]]''' involves a comprehensive assessment of the given project, policy, program or [[investm ...pursuing. This method helps decision-makers to decide whether to invest in a project, as it allows them to identify potential risks and rewards associat
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  • '''[[Environment]] of a [[project]]''' is multi-faceted and complex set of factors, depending on th * [[budget of a project]],
    9 KB (1,232 words) - 03:54, 18 November 2023
  • ...participants to a true [[knowledge]] of the host country. Often it is only a superficial contact with enclaves prepared for foreigners. Too many tourist ==Alternative tourism as a fair form of travel==
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  • ...res extraordinary skill and courage to bear high risk, and also very often a threat to life. Sports with Rafting on rushing mountain river, jump rope, or other extreme sports require a lot of courage. However, there are people who can not live without extreme
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  • ...wn off-route. This mode of travelling is very expensive, but also provides a high level of comfort and even luxury. ...er accommodation and food). Infant baby you can "take a walk" on parent in a special sling constructed on the basis of the backpack.
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  • * limit and protection of liability in case of a lawsuit, ...to identify any potential threats or risks that may arise in the course of a project. This helps to reduce the chances of costly mistakes or delays due
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  • ...e organization (the source of which is within the [[company]] and also has a negative impact on its financial results). The threat within the meaning of ...rages companies to enter the [[competition]] is what drives him and exerts a negative pressure on prices,
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  • '''[[Risk]] [[management]] [[strategy]]''' is a way in which the [[company]] or [[project]] team decides to treat the risks The [[organization]] should create a model for risk related decisions. This model should describe which strategi
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  • ...the situational approach, the manager should determine which [[method]] in a given situation and conditions is best to achieve the goals. Leadership is a [[process]] of positive impact (not to be confused with manipulation) on me
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  • ...all the factors (features, resources) characterizing its interior, having a positive impact on the operation, carried out tasks and [[management]] proc * low level of staff [[turnover]] which is a consequence of satisfaction with [[working conditions]] and social climate
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  • ...s and [[management]] processes at the operational and strategic levels. As a consequence, weaknesses restrict the effective implementation of the organi * executives do not care for the personal development of employees, there is a lack of [[training]] in developing competences and skills,
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  • '''Quality control [[plan]]''' is a document that describes [[product]], [[service]] or [[process]] characteris * Provides a summary of our [[knowledge]] about process/product/project
    8 KB (1,136 words) - 02:15, 18 November 2023
  • ...y income and be your own boss. It requires taking a [[risk]], investing in a venture, and researching the market, but the potential rewards can be great ...be a great opportunity to make [[money]] over time, but it also comes with a great deal of risk. It is important to research the property markets and th
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  • ...ion of additional '''E'''nvironmental factor. [[External environment]] has a significant effect on business activities but these forces are independent ...d the rate at which [[information]] is exchanged between [[stakeholders]]. A faster exchange of [[information]] can benefit companies as they are able t
    10 KB (1,409 words) - 05:05, 18 November 2023
  • ...[[risk]] [[management]]''' (also: [[enterprise]] r.m., corporate r.m.) is a set of activities related to [[planning]], [[organizing]], leading and [[co ...ramework'' was published in 2004. It defined enterprise risk management as a [[process]], effected by an entity's [[board]] of directors, management, an
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  • The standard suggests implementation of the process in such a way that is would be possible to call it from any other process, similarly : Annex A. Attributes of enhanced risk management
    8 KB (1,114 words) - 23:29, 17 November 2023
  • ...e'') was created on basis of critique of [[SERVQUAL]] by J.J. Cronin and S.A. Taylor in 1994. They claimed that Parasuraman's study of relations between .... What's more, higher level of perceived service quality only sometimes is a cause of increased [[consumer]] satisfaction. In many cases, the satisfacti
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  • '''[[Process]] of the [[consumer]] decision-making''' involves a series of [[behaviour]] of households in the [[market]] and taking [[action ...o direct effect. Usability is a subjective category, depends on feeling of a particular consumer. One good for one may be of great utility and for other
    13 KB (1,920 words) - 19:52, 17 November 2023
  • ...behavior is determined by the strength of an individual's attitude towards a specific behavior, multiplied by the individual's belief in their ability t ...the Fishbein model can be used to predict how an individual will behave in a given situation.
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  • ...and solve problems related to [[quality]] of services. It was presented by A. Parasuraman, V. Zeithaml and L. Berry in 1988. The main idea is based on 5 There is a number of critique articles in literature. They point that the model doesn'
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  • '''RATER model''' is an evolution of [[SERVQUAL]] [[method]] presented by A. Parasuraman, V. Zeithaml and L. Berry in 1988. The main idea is based on 5 The model was used in a hotel. In that kind of business the employees are those, who make the servi
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  • ...ponsiveness, assurance, empathy, and tangibles. The model may also include a method for gathering [[customer]] feedback and using it to identify areas f ...ify and solve problems related to quality of services. It was presented by A. Parasuraman, V. Zeithaml and L. Berry in 1988. The main idea is based on 5
    15 KB (2,313 words) - 05:26, 18 November 2023
  • '''[[Kaizen]] costing''' is a [[method]] of reducing managing costs. It's also referred to as [[continuou .... By involving all employees in the process, kaizen costing aims to create a culture of continuous improvement in which everyone is constantly looking f
    15 KB (2,167 words) - 00:29, 18 November 2023
  • ...ntion tool that helps eliminate potential defects before they occur. It is a modification of [[Failure Mode and Effects Analysis]]. PFMEA was designed f Set of failure + cause + effect is a '''failure mode'''.
    9 KB (1,308 words) - 02:54, 18 November 2023
  • ...ss operates, and can have a significant impact on the financial aspects of a business. ...to taxation, spending, monetary policy, and trade. These policies can have a significant impact on businesses and can affect factors such as [[consumer]
    8 KB (1,140 words) - 22:37, 17 November 2023
  • ...behaviour, what is good and bad for [[company]], employees and society as a whole. There is many similarities between ethical and [[legal factors affec ...re essential to consider as they can have a large impact on the success of a company. The following are some of the most important ethical factors to co
    11 KB (1,598 words) - 21:59, 17 November 2023
  • ...decisions have also strong influence on social and cultural environment in a country. Decisions of politicians may also affect pace (promote or disturb) * role of a constitution or similar national legal document,
    10 KB (1,325 words) - 03:16, 18 November 2023
  • ...is a [[decision making]] process in Japanese [[management]] systems. It is a bottom-up approach that overcomes traditional hierarchic [[process]]. It ca ...en delegate decision making to subordinates. The final decision emerges as a balance of views of different employees. No one expects the managers to be
    9 KB (1,398 words) - 04:52, 18 November 2023
  • '''Why why analysis''' is a [[method]] of searching for and finding the root causes of the problem. The The analysis should be performed by a team of people interested in finding solution to the problem. The team shou
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  • ...and households when purchasing goods and services. Consumer confidence is a measure of the overall economic health and is reflected in the level of con A high level of consumer confidence can lead to increased spending, which can
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  • * Social classes can have a significant impact on a society, shaping access to opportunities and resources, as well as influenc * The wealth of people can be measured by a variety of factors, including income, assets, and net worth, and can vary g
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  • ...licymaker engagement in [[environmental]] protection can greatly influence a business's ability to operate sustainably. * Fees and fines for using natural environment can act as a deterrent for businesses to engage in activities that harm the environment.
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  • * '''no demand''' - caused by insufficient [[information]] about a good or service, indifference or lack of [[need]] for such product, no diff * '''latent demand''' - caused by a gap between [[needs]] and desires of consumers and actual product present o
    11 KB (1,584 words) - 22:19, 17 November 2023
  • ...d the rate at which [[information]] is exchanged between [[stakeholders]]. A faster exchange of [[information]] can benefit companies as they are able t ...ehaviour]], what is good and bad for [[company]], employees and society as a whole. More examples of [[Ethical factors affecting business]].
    9 KB (1,235 words) - 03:07, 18 November 2023
  • ...duct. It assumes that [[target group]] of customers is heavily involved in a given product category, however, they see product differentiation within th ...he subject (or at least ability to recognize a particular [[brand]]) among a large part of the target group, if there is no such previous awareness. Thi
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  • ...that was set by [[marketing]] managers before the advertising campaign. As a rule, as the main goal of advertising campaign is considered to be an incre ...''' (tells how many times the average [[consumer]] comes into contact with a given ad)
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  • '''DAGMAR model''' is a methods used for testing the impact of advertising on the change in the [[c ...titled: '''D'''efining '''A'''dvertising '''G'''oals for '''M'''easured '''A'''dvertising '''R'''esults published by Association of National Advertisers
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  • The policy is usually a document that shows general activities in [[risk management]] and links to ...eatment). Is it possible to remove the causes? If yes, the risk is no more a problem. Remove risks that cannot happen from the list. But be careful - if
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  • ...management]] team has to assess how important risk factors are. Therefore, a pefined scale is used. The likelihood and consequences are described on the ...have priority over other risks. The [[organization]] should not undertake a project if the risk level is too high and no response have been established
    9 KB (1,337 words) - 04:13, 18 November 2023
  • ...ect manager could use Monte Carlo Simulation to estimate the total cost of a project, taking into account the potential impact of risk on cost. ...calculate the expected cost of a project, taking into account the cost of a potential risk event.
    10 KB (1,540 words) - 04:25, 18 November 2023
  • '''COSHH assessment''' is a procedure of identifying hazard and assessing [[risk]], which is based on ' ...]] during which some dust of fume is emitted. It is important not to limit a list of substances to those that are stored in the [[enterprise]] only. It
    11 KB (1,605 words) - 18:49, 17 November 2023
  • ...ological basis of its actions. Advertising should attract the attention of a potential [[customer]], who should notice it among others ads or sources of ...c.) dramatization / presentation, D (10 sec.) message indicating benefits, A (5 sec.) slogan / source of additional information about purchase.
    9 KB (1,404 words) - 17:05, 17 November 2023
  • GERT doesn't have those limitations. But it comes at a [[cost]] of more sophisticated diagram. The example comes from A.A.B. Pritsker publication (see references).
    8 KB (1,212 words) - 23:07, 17 November 2023
  • ...s taking place in the psyche at the time of purchase. Consumer behavior is a structured series of reactions to various stimuli. * intentional, fully conscious, well thought out and towards a specific purpose, this behavior reflects attitudes of consumers and their d
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  • ...c document initiating the project: [[Project charter|Project Charter]]. To a minimum extent, business justification defines the expected results of the ...ent for why the project should be undertaken and to demonstrate that it is a worthwhile [[investment]] for the [[organization]]. It helps to ensure that
    15 KB (2,081 words) - 18:43, 17 November 2023
  • ...ster reaction times. Reducing the scope of administrative burdens leads to a significant reduction in the number of problems related to [[bureaucracy]]. * Moving decision-making to a lower organizational level,
    8 KB (1,096 words) - 07:32, 18 November 2023
  • ...and there are strongly related opportunities in the [[environment]], it is a strategy of strong expansion and development using both factors as best as ...rt to have a fundamental negative impact on the financial results and pose a threat to the existence of the [[enterprise]]
    9 KB (1,227 words) - 17:32, 17 November 2023
  • ...aviour]] of people. Within the [[system]] of symbols, corporate culture is a kind of language, identity of the [[company]], dress code for employees, in ==Organizational structure as a determinant of culture==
    9 KB (1,287 words) - 21:04, 17 November 2023
  • ...complaints - identify the issues with offered products<ref>Bijmolt, T. H. A., 2010, pp. 341-356</ref>. * A - the most valuable for the company (the highest return)
    12 KB (1,628 words) - 17:39, 17 November 2023
  • ...uality management]]. The [[quality management system]] can be divided into a series of processes interrelated with each other. The process approach aims ...rmation]] and [[financial resources]]. In fact, organizations, by creating a map of processes, divide processes in different ways, they also call them d
    12 KB (1,821 words) - 18:45, 17 November 2023
  • ...ed accreditation body of the competencies of organizations operating under a given the area that is subject to conformity assessment, i.e. certification Accreditation is a formal order for PCA to carry out the accreditation process and includes an
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  • ...sals for individuals. These applications involve the creation of teams for a short, maximum several months, period of time. The [[quality management]] s ...] and organization of processes to operate autonomous circles, introducing a participatory style of management at all levels, adjusting [[decision makin
    12 KB (1,826 words) - 04:14, 18 November 2023
  • ...eries of materials, conversion of machines, maintenance and breakdowns. As a result of the application of this concept, improvements are introduced in t ...ginning of the 20th century in the USA. It was the Americans who separated a separate department in the [[enterprise]], which was responsible for the re
    12 KB (1,754 words) - 07:01, 18 November 2023
  • ...nt of view - properly chosen quality policy is a declaration of why buying a [[product]] or [[service]] can be an organization that believes that it wan ...requirements, [[employee]] improvement [[process]]. The quality policy is a fully public and published document. Therefore, specific goals can be trans
    12 KB (1,764 words) - 04:24, 18 November 2023
  • ...he main benefit associated with JIT is to reduce the time to completion to a minimum, which brings significant savings associated with the reduction of The effectiveness of implementing the JIT [[method]] depends on finding a balance between the flexibility of suppliers and the stability of users, wi
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  • ...l. Later, this method was popularized in civil industries. It gave rise to a number of methods that combine [[management]] principles and statistics. ...defects that take place in enterprises. Each organization aims to produce a [[product]] of the highest [[quality]] that meets the expectations of custo
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  • ...'loss of availability''', i.e. all events that stop further production for a period of time. Includes unplanned interruptions (e.g. failures) and planne ...be able to specify in more detail what contributes to the largest losses, a specific loss has been assigned to each OEE parameter. They are classified
    11 KB (1,473 words) - 02:53, 18 November 2023
  • ...ity costs would increase again, if only as a result of the introduction of a new product, new production [[method]], new employees, new equipment, etc. ...umber of errors made and dramatically reduce quality costs, which can have a significant impact on the company's profitability (costs are falling - reve
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  • '''Single Minute Exchange of Die (SMED)''' - is a tool change within a one-digit number of minutes; [[method]] of diagnosing and improving [[produ ...f planning and production control - [[Just in time|Just In time]] requires a [[risk]] minimization [[strategy]] in cooperation with SMED, [[Kanban|KANBA
    10 KB (1,492 words) - 05:35, 18 November 2023
  • ...ting the requirements]]. The effect of these activities is the issuance of a [[certificate]] ([[Quality]] [[Management]] 2004, p. 111). ...ed accreditation body of the competencies of organizations operating under a given the area that is subject to conformity assessment, i.e. certification
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  • ...choice of product or [[brand]]. Customer satisfaction is a combination of a good product (you mean its [[quality]]), its [[price]], proper [[service]] ...n he makes a purchasing decision. First of all, the previous experience of a given consumer and his expectations in relation to the product and service
    7 KB (1,025 words) - 20:37, 17 November 2023
  • ...ring which the [[customer]] and the seller are trying to [[compromise]] in a rational way defending their interests.They can not be rigidly defined beca '''Persuasion''' is used to change your mind about a topic of another person.It is assumed that despite the desire to defend the
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  • The '''MoSCoW technique''' is a universal [[method]] used, for example, in [[project]] [[management]] that According to A Guide to the Business Analysis Body of [[Knowledge]], Moscow technique dist
    9 KB (1,511 words) - 01:53, 18 November 2023
  • '''[[Marketing]] [[information]] [[system]]''' - a totality of people, equipment, procedures and techniques of gathering, orde The stimulus that initiated a concept of marketing information system was a conception of D.E. Cox, R.E. Good and B. Montgomery, introduced in 1967 and
    11 KB (1,567 words) - 01:35, 18 November 2023
  • ...mine the costs and risks associated with the [[production]] or creation of a [[service]] within our [[organization]].These costs are compared with the e ...mic, social and political situation. Consequently, the conclusions of such a review should be periodically reviewed.
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  • ...tion]] of projects, based on principles of logical thinking and introduces a number of tools for planning, creating, implementing and managing projects. ...is ​​not only used to describe the project in a synthetic way, it is also a tool for improving its [[quality]]. Filling the matrix, future beneficiarie
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  • * '''strategic''' (above 5 years) - a [[plan]] of the future, thanks to which it is easier to set paths of conduc ...eral months to a year) - actions defining what should be done to implement a long-term plan,
    9 KB (1,296 words) - 07:19, 18 November 2023
  • ...ated and easily accessible, such as facts and figures that can be found in a book or online. It is knowledge that is easily communicable and can be arti ...include knowing how to ride a bike, or knowing how to cook a dish without a recipe. It is also known as tacit knowledge.
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  • ...Stupid''') rule is a helpful rule in the [[process]] of defining goals in a [[project]]. This principle is applicable in many activities whose overarch ...e kept simple rather than made complicated; therefore simplicity should be a key goal in design and unnecessary complexity should be avoided.
    6 KB (1,029 words) - 00:29, 18 November 2023
  • ...goal of marketing is to have such an impact on [[consumer]] so that he buy a [[product]] regardless of his [[needs]]. ...ispensable. The goal is to meet and understand a [[customer]] so good that a product or [[service]] adjust to him and... sell themselves (P.F. Drucker,
    11 KB (1,678 words) - 23:02, 17 November 2023
  • ...acter. Other arguments and forms of message are used in case of explaining a necessity of [[employment]] restructuring. ...f conveying this knowledge is a higher level of workers' job satisfaction, a rise in their involvement and better organizational [[identification]], whe
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  • ...ntal]] variables influence marketing decisions, hence a marketer [[needs]] a lot of information associated with those variables in order to take rationa Surroundings monitoring - here a crucial matter is careful monitoring and gathering of data about perceived
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  • '''[[Marketing]] [[innovation]]''' is a deployment of new marketing [[method]] that is associated with significant ...d has to be a part of a new conception or [[marketing strategy]], which is a major departure from marketing methods employed heretofore. New marketing m
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  • The '''bricks and clicks (aka click and mortar) model''' is a multichannel distribution model. This specific business model involves the ...l allows customers to make purchases in spare time (even without access to a computer), which increases accessibility to shopping and brings tangible re
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  • ...ethical, social and [[environmental]] criteria. Sustainable development is a stable development which uses resources only in necessary amounts and goes ...hospitality]]}} &mdash; {{i5link|a=[[Activity center]]}} &mdash; {{i5link|a=[[Green Marketing]]}} }}
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  • The term introduced in the eighties, which can be defined as a collection of all [[enterprise]]-wide databases remaining invariably in the * aggregate information (fact aggregates) - data for a longer period of time are stored here, e.g. number of failures per quarter
    5 KB (661 words) - 23:30, 17 November 2023
  • ...cessary to develop modern and practical technical solutions. The choice of a new technique, [[work]] [[organization]] and the whole range of innovative Innovation management [[system]] is a whole structure, as well as activities that are necessary for the preparati
    14 KB (1,959 words) - 23:57, 17 November 2023
  • ...is development, there was a [[need]] to standardize financial reporting as a tool enabling making necessary analyzes and comparisons in order to make fi ...in different countries are still characterized by a large discrepancy. As a result, financial statements and conclusions in them may not be comparable,
    7 KB (1,043 words) - 00:12, 18 November 2023
  • * as a [[process]], * in a way dependent on [[behavior]] (behaviorist).
    18 KB (2,681 words) - 00:14, 18 November 2023
  • * The emergence of market imbalances (shortages or surpluses) as a result of state regulations, especially when these regulations affect the p * Limiting the individual's freedom and inhibiting a bottom-up initiative.
    9 KB (1,371 words) - 00:16, 18 November 2023
  • ...input of two factors of [[production]], which allow to efficiently produce a given product size. ...s with their appearance resemble curves of indifference. However, there is a fundamental difference between them, because the isoquants are marked by th
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  • '''The [[risk]] of liquidity''' - the risk of a situation in which the bank runs out of cash to make unexpected withdrawals All operations that cause the flow of cash flows can trigger a bank's liquidity perturbation. The liquidity risk is directly related to ot
    10 KB (1,568 words) - 00:58, 18 November 2023
  • ...nce between the real and nominal [[interest]] rate. It is characterized by a deep faith in self-regulating [[market]] mechanisms. ...ements on the part of monetary authorities in the interim period. However, a good solution is the free operation of monetary regularities, manipulating
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  • John von Neumann (1903-1957) - is a Hungarian mathematician, physicist, economic theoretician, creator of the t ...n, solving the statistical problem in the field of estimation theory. From a mathematical point of view, the stages of Monte Carlo algorithms are divide
    6 KB (966 words) - 02:00, 18 November 2023
  • ...ncreasing steadily since the mid-sixties. The natural unemployment rate is a typical unemployment rate, around which the actual unemployment rate fluctu ...the simplest terms, it is a situation in which employees look for a job as a result of losing or changing jobs without accepting the first offer they ha
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  • '''Neoclassical [[economics]]''' is a trend in economics, also called subjective-marginalistic, dominating from t ...ublished in 1871 revived the scholastic approach to economics. It was also a pillar of the so-called "marginalist revolution" in the history of economic
    8 KB (1,227 words) - 02:13, 18 November 2023
  • ...only the strongest manufacturers with established position, reputation or a wide range of additional services. Weaker competitors must withdraw from th Market maturity phase can be extremely long when the invention is a breakthrough [[product]], the [[company]] maintains market leadership or [[
    8 KB (1,127 words) - 01:30, 18 November 2023
  • ...and radically different approaches to its interpretation. That results in a large diversity in the selection of indicators of innovation. ...the technical reports produced by the [[company]]. This method results in a great amount of [[information]] on individual innovation, and the less with
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  • '''Network charts''' is a group of methods developed in the late 50's and 60 projects for the defense ...calculation of the duration of the entire [[project]], slack time and mark a critical path.
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  • * prepare a set of early tactical moves * How long do we intend to carry on a negotiations? How much time can we spend?
    7 KB (1,067 words) - 03:13, 18 November 2023
  • ...reated only when ordered by the [[customer]]. Such an order is preceded by a phase of negotiations during which the terms of the order are specified. ...his type of production is carried out in systems that are characterized by a great versatility of equipment.
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  • ...rsch 2001, 109</ref><ref>J. H. Martin 2004, 280</ref>. Disclaimer trust is a powerful tool for many individuals, because is offers the asset transmissio Disclaimer trust is a '''complex legal construction''', therefore it should be created with help
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  • ...day. Today the trade is mostly electronic, but the bell is still in use as a symbol. ...market has closed for the day. This information can include details about a [[company]]'s [[financial performance]], such as revenue and [[profit]], as
    7 KB (1,071 words) - 17:30, 17 November 2023
  • ...at research does not determine the effects of subsequent [[management]] of a given area. However, it is difficult to determine the effects but problems ...rs, and various types of promotions, thereby gaining profits. In addition, a well-served [[customer]] returns and recommends us to other consumers.
    9 KB (1,377 words) - 17:20, 17 November 2023
  • ...r a certain number of years of service. These withdrawals can be taken for a variety of reasons, including financial hardship, disability, or terminatio ...hdrawal fees, and potential penalty taxes if the withdrawal is made before a certain age. Additionally, the funds withdrawn will no longer be invested a
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  • '''Carding forum''' is a forum that specialized in the trade of stolen credit card data, as well as ...ho collect [[information]] about these cards and use these cards. They use a special computer program to acquire this data. The online underground econo
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  • ...ordinary employees. Authority is delegated not to a specific person but to a position or role within an [[organization]]. The distribution of tasks allo ...les of delegation should be applied when a manager is delegating a task to a subordinate. The principles ensure that the task is effectively delegated a
    8 KB (1,178 words) - 03:31, 18 November 2023
  • ...ho represents only one particular insurance [[company]]<ref>Beh H., Willis A. (2008) ''[http://insurancejournal.org/wp-content/uploads/2011/07/51.pdf, I ...f an insurance company, are usually compensated with the salary basis plus a commission or bonus for [[production]]<ref>Outreville J.F. (1998), ''[https
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  • ...[[customer]] is able to withdraw [[money]] from savings account only once a month, but he/she gets 1% better interest rate. ...tablished when bank agree abiding directives from protected lender without a necessity of pronounced borrower agreement.
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  • '''Confirmed Letter of Credit''' is a specific type of letter of credit. It can be used if seller considers credi ...half of the importer, but on its own behalf undertakes to pay the exporter a fixed amount, after fulfilling certain conditions.
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  • ...r is it pegged to country's reserve or gold produced in the country. It is a second cryptocurrency announced by Venezuela. The first was '''petro''' whi ...U.S. dollar. That can lower [[demand]] on U.S. dollar and lead to emerging a new backup currency.
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  • '''Fully funded''' is a description of [[quality]] of pension [[plan]]. If the assets in the pensio ...ding. In addition, unpaided pension benefits are discounted accordingly at a rate strictly exceeding the [[government]]'s loaning rate. Sometimes roblem
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  • ...the developer on his land which is ready for the [[customer]] to move in. A "turnkey home" are planned and finished including the whole interior by com ...e this phrase to describe any ready to move in home that is up for sale (J.A. Griffin,2010).
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  • ...OykJvfAhXosIsKHTeYBJo4HhDoAQh0MAk#v=onepage&q=absolute%20title&f=false ''Q&A Land Law''] Routledge</ref>. ...OykJvfAhXosIsKHTeYBJo4HhDoAQh0MAk#v=onepage&q=absolute%20title&f=false ''Q&A Land Law''] Routledge.</ref>:
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  • ...in the past had problems with timely repayments are usually unable to get a new loan. In this case, the second chance loan [[option]] appears. In order ...[[refinancing]] of the mortgage loan at a lower interest rate<ref>Goolsbee A. 2007</ref>.
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  • ...mposition, ornament, melody or other sound signal, plastic form as well as a combination of these elements (Dyer 2012, p. 2) . ...read as an abbreviation for "registered". If such a sign is placed next to a trade mark, it indicates that the trade mark has been filed with the releva
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  • '''Gravestone [[doji]]''' is a reversal pattern that can appear at the end of an [[uptrend]]<ref>Reversal ...f the candle is so small that the opening and closing prices are the same, a '''doji (candlestick line)''' is formed.
    10 KB (1,613 words) - 23:07, 17 November 2023
  • '''Hammer clause''' (otherwise called a Settlement Cap Provision, a Blackmail Clause or an Agreement on the Terms of Settlement) is '''an [[ins ...mer clause took its name from the metaphor - just like a hammer is used on a nail, just as the insurer has power over the insured.
    9 KB (1,448 words) - 23:14, 17 November 2023
  • '''Takaful''' is a type of [[insurance]] based on Islamic religious law, Sharia. Members of th ...In 1980 there were appearing first insurance companies. Islamic Takaful is a financial [[product]] which is expanding all over the world.
    7 KB (1,007 words) - 06:36, 18 November 2023
  • ...nsidered as one of the features included in liability policy dedicated for a [[product]]. Aggregate deductible normally refers to the period of time equ ...especially in the situations linked with e.g. high frequency losses <ref> A.P. Amato, 2010, p.18 </ref>.</p>
    9 KB (1,361 words) - 17:31, 17 November 2023
  • '''Country basket''' is a selection of countries, similar in some conditions, that are analyzed toget Such a simplification is cheaper and easier to manage, however it can backfire, as
    10 KB (1,533 words) - 20:18, 17 November 2023
  • ...the [[customer]] and identifying his [[investment]] [[needs]] <ref>Kohler A., 2013, ch. 3</ref>. ...raw material and ideas that a [[financial planner]] gets from working with a client and then analysing them, modelling them and deciding if they are goi
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  • ...iciary. The secondary beneficiary is usually the seller who receives it as a form of payment. ...the credit is transferred in whole or in part, if the letter of credit is a transferable letter of credit. Second beneficiary enjoys almost the same ri
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  • To establish a chapter of Beta Alpha Psi the university has to fulfil some requirements, a ...rojects and workshops. They develop [[communication]] skills and try to be a leader of the group. This is the best way to meet like-minded people who ha
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  • '''Free carrier (FCA)''' is a type of incoterm related to transfer of goods between seller and buyer usin ...ller is obliged to deliver the goods to the carrier (or other person, e.g. a [[forwarder]]), designated by the buyer. Delivery costs, on the main transp
    11 KB (1,830 words) - 22:44, 17 November 2023
  • ...certain services. Potential clients schould never forget check a company,s a fee structure to make sure they find it satisfactory before deciding. In ma ...es. When faced with many [[options]], clients or customers can select from a range of [[service]] and benefits levels based on different fee structures.
    5 KB (677 words) - 22:23, 17 November 2023
  • ...n return to [[standard]] insurer - the reinsurer makes a commitment to pay a compensation in case of random unfortunate event which can cause in loss of ...company will reinsure any losses up to $10 million. If a policyholder has a claim that is more than $10 million, the insurance company is responsible f
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  • ...m the parents with the statement that the money was in fact not a loan but a gift. An example of the Gift Letter Certification is attached below. ...firming that they are giving you a gift for you to use as a deposit to buy a property.
    9 KB (1,524 words) - 22:58, 17 November 2023
  • '''World [[insurance]] '''is a liability policy that has coverage extended to whole world. Insurance is re ...hich there is inadequate experience upon which to base rates, now comprise a larger proportion of all risks.
    7 KB (1,046 words) - 07:56, 18 November 2023
  • ...er 2008, P. 85). The exclusion ratio generally is not redetermined, unless a new type of annuity becomes salaried (W. D. Mitchell 2008, P. 116). After d * I - investment in a contract
    8 KB (1,284 words) - 19:53, 17 November 2023
  • ...a recession. When we used it, it means that we can see the first sign that a situation is improving, especially an [[economic situation]]. The metaphor * The term "green shoots" is a suggestion for the regeneration and growth of plants, which was used in the
    8 KB (1,344 words) - 23:08, 17 November 2023
  • ...nd development. Companies, which possess a lot of knowledge capital are at a [[comparative advantage]] to other organizations, as they seem to be prospe ...plain that P.E. Sveiby and T. Lloyd (1987), described knowledge capital as a micro-level concept with three categories that can be explained as follows:
    12 KB (1,643 words) - 00:32, 18 November 2023
  • ...mpany. The letter asks clients to respond to the auditor only if they find a discrepancy between their records and information about the financial [[doc ...nses. Only the negative responses are sent, and if no response is received a positive one is assumed. In case of large number of [[information]] sent th
    8 KB (1,162 words) - 02:10, 18 November 2023
  • ...w one million dollars mark, investment banks and brokers offered set fees (A. R. Lajoux, J. F.Weston 1999) ...above scale was commonly used in the 1970s, 1980s and 1990s; usually when a large stock investment transaction was made with an investment bank or inst
    9 KB (1,474 words) - 00:47, 18 November 2023
  • '''New paradigm''' is a group of new beliefs that replace old set, which is believed no longer to a ...the [[market]] that lead to development of new investment strategies. Such a paradigm shift happens after every large speculative bubble. In early 2000s
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  • ...y's revenue. They are distincted from '''capital interests''', which allow a stakeholder gives the possibility to have share until the date of planned l ...instead of ordinary income treatment) on continuation when they receive on a sale of the LLC or partnership company.
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  • ...es written record of the property (condition, content) at the beginning of a tenancy. It is important that property inventory is accurate, otherwise it '''Property inventory''' is a written tally of taxpayer's personal property. This inventory will also be
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  • A clear title can be defined simply as the term which is used in order to cla ...e. Another definition of the clear title defines it as ownership claims to a property or an asset which is free of any encumbrance, for example:
    8 KB (1,492 words) - 19:20, 17 November 2023
  • ...nce shares''' are the shares given to top [[management]] of [[company]] as a reward for reaching performance criteria, e.g. earnings, [[market]] share. ...nto decline or even crisis. Some managers try to reach targets quickly, at a [[cost]] of sustainable growth, obtain their shares, sell them and then lea
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  • ...where supply and [[demand]] have reached balance. Typically, there will be a breakout to one side or the other before the price of the underlying stock That kind of chart pattern is typical for a period of consolidation before important change. The change is difficult to
    9 KB (1,492 words) - 06:32, 18 November 2023
  • ...its but they should observe what kind of [[information]] was provided with a new money (Zheng, 1998). That informations can be used to make unexpected p ...n as much money as possible on the sale of shares of these companies after a certain time.
    4 KB (632 words) - 05:39, 18 November 2023
  • ...t sweep''' refers to a contract between the bank and the customer (usually a corporation) which says that '''all free funds''' and '''surpluses''' on de ...omer]] of a bank that has line of credit can define that all idle funds in a deposit account will be used to '''pay down short-term borrowings'''. Usual
    8 KB (1,266 words) - 20:24, 17 November 2023
  • '''Entity theory''' assumes that economic activity performed by a business is separate from individual opinions of the owners. Therefore, own ...nstitutional rights applicable to every corporations. The entity theory is a fundamental assumption in today's business around the world. The company is
    11 KB (1,657 words) - 21:53, 17 November 2023
  • '''SPAN margin''' is a margin calculated by Standardized Portfolio Analysis of [[risk]] [[system]] ...lying [[market]] price changes and volatility changes for all contracts in a portfolio, in order to determine value gains and losses at the portfolio le
    9 KB (1,396 words) - 05:51, 18 November 2023
  • ...is willing to pay, and the lowest price accepted by seller. Matching bids a paired and executed. Such an auction is very popular, as many stock-exchang ...the highest possible number of investors <ref>Bapna, R., Goes, P., Gupta, A., & Jin, Y. (2004). ''User heterogeneity and its impact on electronic aucti
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  • The asset-based approach encompasses a set of methods that value the company by reference to its balance sheet. In ..., the assignment should specify whether the valuation intended to conclude a defined value for the subject company<ref>Kirk W. C., Wishing K. J. (2018),
    10 KB (1,443 words) - 17:45, 17 November 2023
  • ...the data on the document, even the rate is higher. The currency is used in a versatile way. Currency certificates are helpful when company must pay invo ...d good changes (Allayannis and Ofek, 1997). It means that certificate with a low and permanent currency is very important for the company.
    9 KB (1,362 words) - 20:32, 17 November 2023
  • ...inancial liquidity, remove problems and open it to new opportunities. Such a plan is accepted by bankruptcy court. ...g to that, many companies dispose certain procedures in case of emergency. A plan can also include typical strategies to minimalize potential dramatic i
    8 KB (1,143 words) - 21:46, 17 November 2023
  • ...rategy's consumption are logarithmic". Eventually the model which analyzes a [[compromise]] between security and capital growth has been introduced by M "Capital growth model describes the concentration of capital at a point in time. In companies that continue their operations, capital grows a
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  • ...ast of the temporary stages of civil liability realization. In the case of a temporary extension of liability, the damage will be covered not by the ins ...han the claims made system. Insurers with weaker capital are forced to use a system acceptable to reinsurers<ref> M. Boyer, K.Gobert (2011),s. 251-277</
    6 KB (983 words) - 19:18, 17 November 2023
  • ...ture view of whole [[system]] ([[company]]-[[market]]-[[competition]]) and a way to disseminate [[information]] from top to bottom levels of [[organizat ...nd activities according to the influence on the results of organization as a whole
    9 KB (1,227 words) - 18:17, 17 November 2023
  • ...fication]] of [[external environment]] or [[far environment]] tha includes a combination of all factors coming from the outside of the [[organization]] ...ficantly variant effects on the structure of economy and group behavior as a result<ref>Frances S., 2000, pp. 1-3</ref>.
    11 KB (1,526 words) - 01:11, 18 November 2023
  • ...ixed with money that is legally obtained from the profits of, for example, a company. Criminals try to hide fake money and set up many bank accounts, bu The four most important steps to be taken with a risk-based approach can be identified:
    5 KB (803 words) - 04:54, 18 November 2023
  • '''Innovative research''' is a search for new business and strategic techniques and methods. They develop ...d observe modern, improved strategies, set research hypotheses and develop a methodology of key research objectives. Innovative research to the increase
    10 KB (1,460 words) - 23:59, 17 November 2023
  • ...y [[planning]] more likely to succeed than companies that do not have such a [[system]] in place. ...inuous improvement]] practices - anticipates transforming the company into a learning and self-perfecting organization. Employees in such an organizatio
    12 KB (1,639 words) - 06:17, 18 November 2023
  • ...ment of new [[production]] systems or production processes. Technology has a beneficial effect on the result of [[market]] and [[efficiency]] [[organiza ...of packaging. There are packages that guarantee that food stays fresh for a long time.<br>
    6 KB (863 words) - 23:38, 17 November 2023
  • Selling [[government]] securities is a process that allows the Treasury Department to find funds for [[financing]] ...ors only. If individual wants to buy government securities, he has to find a broker. But banks, [[insurance]] companies, etc. can use TAAPS directly.
    9 KB (1,359 words) - 06:34, 18 November 2023
  • Creation of the budget requires a lot of assumptions about future incomes, costs, [[opportunities and threats Budget Manual is a document with the following functions:
    7 KB (1,117 words) - 18:35, 17 November 2023
  • ...delivered within a certain time. If the outstanding amount is paid within a certain period of time, usually no additional fees are charged. After the e ...missible delay in the settlement of payments without interest. However, as a result of increasing the size of orders you have to order less often<ref>Go
    8 KB (1,250 words) - 19:22, 17 November 2023
  • ...goods) from the [[supplier]] to the recipient to a designated place within a specified period<ref>Swaminathan, J. M., Smith, S. F., & Sadeh, N. M. (1998 ...he contract should contain [[information]] on the form of sale, submitting a possible complaint, and the scope of the [[service]]. Another important asp
    10 KB (1,571 words) - 07:22, 18 November 2023
  • ==Balanced scorecard as a strategic tool== ...ating the success of a company's strategy<ref> Cheng, M. M., Humphreys, K. A. (2012)</ref>. 
    10 KB (1,389 words) - 18:04, 17 November 2023
  • ...dynamics shows the direction and importance of changes in the price.It is a fundamental concept in supply, demand and pricing economic models.Many econ ...commodities, and more for an oil [[firm]]. Whereas for a web 2.0 business, a social network for example, market dynamics analytics may be the total amou
    10 KB (1,427 words) - 01:28, 18 November 2023
  • ...d in data and can alert when a security is oversold or overbought. This is a very simple indicator, based on the MACD indicator by default, but there ar ...recommendation. It is hardly surprising that someone decided to experiment a bit with this indicator and try to improve it, change or simplify its readi
    8 KB (1,378 words) - 02:49, 18 November 2023
  • ...y to compare companies across and within an [[industry]]. Many consider it a more accurate reflection of the company's worth as it adjusts for and negat <center><math>EBITDA = IN - IE - IT - D - A - NCC</math></center>
    7 KB (1,086 words) - 17:23, 17 November 2023
  • ...ially when they use innovations and current technological achievements<ref>A. Ravald, Ch. Grönroos 1996</ref>. ...yers. It indicates functional physical features and other possibilities of a given product;
    9 KB (1,236 words) - 17:56, 17 November 2023
  • ...transaction. After the code has been used, it can’t be used again. So, if a hacker gets access to this code and attempts to use the data for credit car ...]] are about to launch or provide the testing on a new type of a card with a biometric fingerprint scanner. This new [[technology]] will allow the card
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  • ...formation about the appropriate level of detail should also be provided in a timely manner. Sources of information for internal and external recipients ...ct, on the other hand, is influencing the course of business operations in a way that will allow to achieve the most effective results without wasting [
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  • '''Growth [[company]]''' is a business which generates increasing earnings. The rate of increase should b ...competes with the most important companies in the United States. Apple is a company that creates standards. It's all thanks to their perception of [[te
    10 KB (1,468 words) - 23:13, 17 November 2023
  • ...ative product from another [[company]] ?. The post-purchase dissonance has a direct impact on the buyer's feelings. You can find here the following rela ...ge the [[market]] [[behavior]] in relation to this product. e.g. by buying a new, alternative good.
    11 KB (1,668 words) - 03:18, 18 November 2023
  • ...-related fraud. Generally, bank uses positive pay to match the checks that a [[company]] issues with those it presents fr payment. ...s can be honored. In order to protect against theft, the company may adopt a [[process]] called positive pay.
    9 KB (1,421 words) - 03:18, 18 November 2023
  • ...the outcome of the business would be stricken and would be finalized with a determination of the peak period. Period of compensation barely estimates t ...compensation should be written in the policy. The insurance [[firm]] have a big [[profit]]'s deprivation(B. M. Unnibhavi 2005, p. 841):
    11 KB (1,782 words) - 03:06, 18 November 2023
  • ...olding]] a national charter. The purpose of bank examinations is to assess a bank's overall performance (composite rating), and six CAMELS components<re ...ent examinations. The frequency of bank examinations also increases during a financial crisis as more supervisory oversight is needed during troubled ti
    5 KB (687 words) - 18:04, 17 November 2023
  • ...te''' describes how often [[interest]] is accrued. Accrual rates refers to a many of financial instruments including bonds, mortgages, credit cards, oth ...nstruments like [[bonds]] on the [[market]] usually includes the interest (A.W. Stark, 1989).
    9 KB (1,384 words) - 17:16, 17 November 2023
  • Benefits of planning is a positive effect of setting specific goals that lead to development of the c * is a tool for learning and [[knowledge]] transfer
    10 KB (1,496 words) - 18:16, 17 November 2023
  • ...cial services to other corporations or [[government|governments]]. This is a type of trust [[company|nterprise]]. Corporate agents can provide different ...agent acts as trustee on behalf of another entity, therefore it has to be a trust company. However it is worth nothing that trust companies often provi
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  • ...ber-owned co-operative that provides financial services similar to ones of a traditional bank. The character of this [[organization]] is non-[[profit]] ...zations, caisse populaires can be founded by any group of people united by a mutual interest - which is why those are usually local communities, groups
    11 KB (1,516 words) - 18:50, 17 November 2023
  • ...ed above all else. Critics of shareholder theory argue that it can lead to a focus on short-term profits at the expense of long-term sustainability and ...ests of its shareholders is to maximize the freedom of the marketplace. In a 1970 article in the New York Times Magazine, Friedman famously argued that
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  • ...cases, the discount or premium is amortized over the life of the bonds as a decrease ( premium) or an increase (discount) to the [[investment]] account Rarely, the intention of the investor company's hold a security to maturity might change without casting doubt on its purpose for
    8 KB (1,272 words) - 23:17, 17 November 2023
  • ...t the business is facing. It is usually used as the first step of creating a comprehensive [[SWOT analysis]], as it is aimed at reducing or amplifying t The EFE matrix is a [[strategic management]] tool used to evaluate the external environment of
    13 KB (1,873 words) - 21:31, 17 November 2023
  • .... Tool is closely related to [[EFE matrix]] and from both of them there is a possibility to build IM matrix. ...stly strengths should cover weaknesses and that means that the company has a good [[management]] strategic. Strengths examples:
    8 KB (1,323 words) - 23:28, 17 November 2023
  • ...es called ''end of tenancy agreement''. The deed of surrender is used when a landlord and tenant agree to terminate lease early. It makes easier the [[p ...of surrender outlines all the rights and responsibilities of a tenant and a landlord.
    11 KB (1,923 words) - 20:50, 17 November 2023
  • ...the [[company]] can operate without access to [[noncurrent assets]]. It is a kind of liquidity index. In the literature it can be found also as: ...e paid to the [[need]] for periodic analysis of indicators - preferably on a monthly basis. In this case, it seems that the application of quarterly per
    9 KB (1,435 words) - 20:50, 17 November 2023
  • ...act is an obligation to cover the loss that may occur to the transferor as a result of the materialisation of the risk in question. ...ssociated with it is too significant for the [[organization]]. Transfer is a common [[method]] of dealing with risks that cannot be fully accepted by th
    5 KB (838 words) - 07:07, 18 November 2023
  • ...make hole charge''<ref>Fabozzi J. F., Dunlevy J. N., 2001, p.132</ref>, is a penalty for [[prepayment]], in which case the borrower repays the loan befo also known as "payment" in the [[industry]], is a contract between the borrower and the bank or mortgage lender, which regula
    9 KB (1,478 words) - 07:57, 18 November 2023
  • ...is responsible for the prudent [[management]] of the trust assets in such a way as to generate maximum benefits for the beneficiaries or legally under * Sustainable growth funds - the portfolio of such a fund includes securities of companies from various sectors of the economy,
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  • '''Optimal capital structure''' is a balanced set of debt and stock that helps to maximize [[company]] value (or ...ces - stocks, [[bonds]] and any other [[long-term debt]] - are included in a WACC calculation.
    12 KB (1,815 words) - 02:39, 18 November 2023
  • '''Prop shop''' (proprietary shop) is a [[company]] that uses its own capital for trade on financial markets in ord ...arket]]. This limits the investment [[strategy]] to several products. Such a [[specialization]] can improve results on stable market, however, in case o
    8 KB (1,190 words) - 04:03, 18 November 2023
  • ...onal costs, and those costs are covered by tenant. Modified gross lease is a mix of those two: only some costs can be included or tenant covers only som * buildings or their parts related to running a business.
    11 KB (1,791 words) - 01:55, 18 November 2023
  • ...e are disadvantageous, which would falseness the results against proposal, a liquidity effect. Next, asset sales may growth the quantum of funds. ...prove cash for alternative [[investments]]. In either case, we hope to see a much powerful relation from asset sales and investment for financially cons
    9 KB (1,428 words) - 17:51, 17 November 2023
  • ...re transacted across the globe." <ref> Abrantes-Metz R. M., Kraten M, Metz A. D., Seow G. S. (2012) ''[https://doi.org/10.1016/j.jbankfin.2011.06.014 Li ...deral Reserve Bank of New York Staff Reports, No. 667 </ref> The rates are a [[benchmark]], not the obligatory rate. The trade rate depends on the banks
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  • ...of the [[company]]. The company value can be calculated in many ways, e.g. a [[liquidation value]] is the value at which parts of company can be sold if ...of imperceptible assets and goodwill. Going concern value is the worth of a business under the establishment that it will proceed to operate for the fo
    8 KB (1,254 words) - 23:03, 17 November 2023
  • ...out by aprofessional actuarial office withexperience and privileges gives a veryhigh probability of verifiability. An actuary is a specialist in insurance mathematics as well as statistics andprobability, [
    5 KB (729 words) - 17:21, 17 November 2023
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