Management synergy

Refers to synergy in the domain of sales and distribution when the items are related and sold through the same outlets.

Management sales

Supervision and organization of selling and coordinating selling with other functions of the business.

Management reports

Statement in annual report regarding management responsibilities for its financial performance.

Management perception

The way a manager is conditioned, for his impressions and interpretation of the environments.

Management information

A mode of communication of relevant information to different levels of management and the feed back there-upon.

Management game

Refers to training by simulation of actual business situation put across to learners for discussion and solution.

Management control

A method of ensuring effective and expert management of the affairs of the company to help the company achieve its objectives according to plan.

Management consultant

A professional person in any domain of management activity who lends his/her experience, expertise and objectivity for a consideration.

Management consultancy

The profession that advises the management over their numerous problems.

Management by objectives

Chalking out agreed targets within an origination for attaining them. Those factors that may stand in the way of achieving the objective are identified and corrective action taken to overcome them.

Management by exception

A mode of reporting on exceptions from the normal or expected in an organization.

Management buy out

A situation where the management of a company, with the help of external or Institutional finance, seeks to take control of the company to stave off predatory takeovers.

Management audit

Audit of management policies and procedures including the consequence of those policies.

Management accounting

Management accounting refers to collection and collation of relevant economic information in respect of an organization for planning, controlling and decision making.

Management accountant

A specialized branch of accountants whose specialist function is to assist management with structured information and analysis for decision making.

Management

1) Administration of business or public undertakings. 2) Persons occupied in this, mainly those exercising control over a work force.

Man specification

Identified human trails and aptitudes required for a job as per the job description.

Man power planning

Refers to the planning in respect of obtaining, utilizing, improving and preserving human resources of an organization.

Man-hour

An hour (or day) measured in terms of the amount of work that could be performed by a person within this period.

Making up day

Refers to the first settlement day in a stock exchange when accounts are settled, also called account day or pay day.

Privacy | Terms of Use | Help | Contact
© Copyright Business Dictionary 2007-2008 All rights reserved.
A Graffias Network website.