Glossary: management theory

ADMINISTRATION:
its objective the study of organizations, and technical responsible for
planning, organization, direction and control of resources (human,
financial, material, technological, knowledge, etc.) resources.
BROKERS:
Person working of commercial intermediary, especially in a business
of sale of flats, cars, etc., in exchange for a commission on each sale.
BUDGET:
Financial plan of income and expenses comprised of short-term
programs, projects and activities to be undertaken by an
organization, appearing in certain classifications.
CAPITAL:
it is an accounting abstraction are property and rights (equity assets)
less debts and obligations (liabilities), all of which is held by the
capitalist.
Company is an organization or institution dedicated to activities or
persecution for economic or commercial purposes to meet the needs
of goods or services for the plaintiffs, on par with ensuring the
continuity of the productive and commercial structure as well as the
necessary investments.
COMPETITIVENESS:
Competitiveness is related to the ability of a company or country to
get market returns relative to their competitors. Competitiveness
depends on the relationship between the value and quantity of the
offered product and to obtain the necessary inputs (productivity), and
productivity of the other bidders in the market.
CONTENTS:
Mathematical relationship of a value relative to another value. The
result can be an absolute or relative number.
COORDINATE:
Act of exchanging information between the parts of a whole. Opera
vertically and horizontally to ensure the harmonious and
synchronized course of all the elements involved in the work.
CRIME:
TNC is called to that large company dedicated to the production of
goods or services, which has subsidiaries in countries other than the

original (parent company) and thus fail to expand its influence and
economic weight in the world, controlling not only good part of the
economy and international trade, but also the technology and
development, gaining great importance in the globalized capitalist
world. With 10% of the capital of the parent entity is put in a foreign
subsidiary and the company is considered multinational or
transnational.
CUSTOMER:
the person or company demand for a good, service, product or idea in
return for money or other items of value.
DIAGNOSIS:
Identifying and explaining immersed in a problem, the background,
and measuring the effects that occur in their environment direct and
indirect variables.
ECO-EFFICIENCY:
add more value to goods or services using fewer resources and
producing less waste and pollution eco prefix refers both to the
economy and ecology.
EFFICIENCY:
the efficiency with which an economic system uses production to
meet consumer needs resources.
EFFECTIVENESS:
To be related to the degree of compliance with clear objectives or
implicitly pursued by the relevant plan or program of action, without
considering the economy of means used to achieve them, as with the
concept of efficiency.
EFFECTIVENESS:
means execute, perform or obtain as a result. When an individual
practical effectiveness in their work, pays much time and increase
their standard of living, and feel that it is meeting its daily work
efficiently. Under the law of effectiveness, this habit is acquired by
balancing production and production capacity. Thus, both managers
and staff responsible may benefit more effort and work hours they
invest daily in the company.
EMPLOYEE:
A person who exercises an office or work and in return it receives a
salary
EVALUATE:

Act and prosecute compare results achieved in a given time and

space, with results expected at that moment. It is to seek the causes
of their behavior, understand and introduce appropriate remedial
action.

FORM:
Printed document containing structured information "fixed" on a
certain aspect, to be complemented by "variable" information
according to each application and to meet a specific objective.
FUNCTION:
Permanent and impersonal formal mandate of an organization or a
job.
GOAL:
It is the quantification of the specific objective. Indicates the quantity
and unit of measure of the desired outcome and the time and place
to do it. It consists of Word quantity measurement unit time location.
HUMAN RESOURCES:
personnel hired by the company provides a set of knowledge, skills,
work skills, and creativity to solve problems or distribution operation
MANAGER:
He is a person who in a particular company or organization has the
responsibility and tasks of leading others to run and give orders, also
has vision and decision making, and get things done in order to
comply properly with the objectives, vision and mission of the
organization.
MANAGEMENT:
Function by which the companies and the State achieve results to
meet their demands.
MARKETING:
a company is the set of activities carried out within an organization
and are aimed at achieving the goals of selling your services and
products through distribution channels and determining the market
volume in monetary terms of parts or services likewise manages to
produce sales force.
METHOD:

Logical sequence of steps or stages that lead to achieve a

predetermined goal.
PAYROLL:
the sum of all financial records of employee salaries, wages, bonuses
and deductions. In accounting, payroll refers to the amount paid to
employees for services rendered for a certain period of time. Payroll
plays an important role in society for several reasons.
Tariff is the tax that applies to goods that are being imported. The
most widespread is the tax levied on imports, while tariffs on exports
are less common; They can also be recorded transit tariffs products
entering a country to another.
POLICY:
Set of strategies, policies and parameters of an organization, guiding
the action of officials to achieve their objectives and goals in a given
place and time. It is a general framework for action.
PRODUCTIVITY:
is the relationship between certain amount of products produced by
a production system and resources used for such production.
PROFIT:
when a company provides a service for remuneration and profit.
Intangible: not to be taken or touched.
PROBLEM:
Abnormal situation with respect to behavior or acts considered
"normal" in a particular historical moment and a given location.
PROCEDURE:
Cycle operations affecting several employees working in different
sectors and which is established to ensure the uniform of all the
respective operations to produce a particular good or service
treatment.
SELF:
self-regulation is called the capacity that an organization or
institution to regulate itself, which is a spontaneous achieving
balance, without the intervention of other factors, entities or
institutions for the process of self-regulation.
Monopoly is a situation of legal privilege or market failure, in which
there is a (monopolistic) producer who has great market power and is

unique in an industry that has a given product, goods or service

resort and differential . Coca-Cola eg .
STRATEGY:
In a controlled process; is the set of rules that ensure an optimal
decision at all times. A strategy usually covers the objectives, goals,
goals, policy and programming actions of an organizational or
individual whole.
SUPPLIERS:
suppliers often depend on the development of the company "core"
trust, granting credit and control staff to deliver their products.

SWOT:
Evaluation of potential technical and organizational and personal
risks, with regard to decision-making and affecting means. It means:
Strengths, Weaknesses, Opportunities and Threats.
WEATHER:
It's a non-renewable resource intangible. Management needs the
proper use of time. Time is a key element in planning for working with
time during this activity to continuous production processes and
serve the market.