MANAGEMENT RISK
Potential risk tied to company managers’ decisions made in the interest of shareholders and the company at large. Poor decisions or self-serving decisions made by management will potentially destroy shareholder wealth.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Potential risk tied to company managers’ decisions made in the interest of shareholders and the company at large. Poor decisions or self-serving decisions made by management will potentially destroy shareholder wealth.
A 4-week period of one person’s productive effort represented as a unit of work. Also known as labor month.
Industries making chemical, mechanical, physical material transformations, substances, and components into consumer and industrial goods. This is known to be an uncoordinated and highly competitive collection of industries.
Production’s total costs change due to making or producing a single additional item. This cost helps to isolate an optimum production level and to determine the point a company achieves economies of
A small, disposable income’s change proportion potentially spent on consumption instead of being saved. Divide the consumption change by the causal disposable income change.
US risk-management consultant William Margrabe invented this in 1978. Exchanging of one asset for another as the basis of a futures contract, like a cross currency option. He also devised a price
An entity’s plans, policies, and strategies collectively impacted by Cultural, economic, political, social, and technological environments.
On behalf of a company, one accountable to identify consumer needs and match them to the goods and services available, selling these goods and services . Also refer to advertiser.
Named after the German metallurgist Adolf Martens (1850-1914). A crystal having a characteristic body-centered tetragonal crystalline structure, formed via displacive transformation, typically steel or another mineral. Also refer to Austenite.
A singular budget for rolling up and summarizing all of the organization’s integrated, individual budgets.
Students who successfully graduate from their college or university’s MBA program earn this particular advanced college degree. Traditionally a student will have already received a Bachelors degree in some area of study,
For a project, operation, organization, or undertaking, this is all of the required apparatus, equipment, parts, and supplies, separate from the personnel.
On the date of its encashment or redemption, including accrued earnings, an investment’s value.
With stated limits for each claim allowing multiple claims for multiple different disabilities, this is a specific type of disability income insurance.
The average of values or quantities. Known also as simple average or arithmetic average. Compute an average as the sum of all value amounts divided by the number of values tallied. For
Demographic, psychographic, and other factors as grouping characteristics on websites for internet advertisers this type of firm services.
If not carried out the patient’s situation could worsen. For a patient’s treatment found to be necessary is this specific type of procedure or treatment.
Attributed the rights of being a member of an entity. Ether individually or collectively, belonging to a group. Some memberships require a fee to join or participate ; some do not. Some
An industry term applied to a retail or wholesale risk versus a manufacturing or service risk.
Customer service, leadership, management, quality improvement, and re-engineering efforts share concepts tied together in this specific unifying term.