03 May 2011
Pinoybiz WordPower
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WordPower
Sunday, May 22, 2011
issued share capital
The total of a company’s shares that are held by shareholders. A company can, at any time, issue new shares up to the full amount of authorized share capital. Also called subscribed capital, or subscribed share capital. issued share capital is in the Accounting & Auditing, Banking, Commerce, Credit, & Finance and Investingsubjects. issued share capital appears in the definitions of the following terms: capital reduction, subscribed capital,subscribed share capital, net worth, and over capitalization.
Source: BusinessDictionary
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Friday, May 20, 2011
Including charges only up to the seller's factory orpremises. All charges from there on, such delivery,distribution, and commissions, are to be borne by thebuyer. Mainly a British term.
Source: BusinessDictionay
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Wednesday, May 18, 2011
An economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Every business requires some form ofinvestment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis.Source: BusinessDictionary
Tuesday, May 17, 2011
marketing
The management process through which goods andservices move from concept to the customer. As a practice, it consists in coordination of four elements called 4P's: (1) identification, selection, and development of a product, (2) determination of its price, (3) selection of a distribution channel to reach the customer's place, and (4) development and implementation of a promotional strategy.
As a philosophy, marketing is based on thinking about the business in terms of customer needs and their satisfaction. Marketing differs from selling because (in the words of Harvard Business School's emeritus professor of marketing Theodore C. Levitt) "Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. And it does not, as marketing invariably does, view the entire business process as consisting of a tightly integrated effort to discover, create, arouse, and satisfy customer needs."
Source: BusinessDictionary
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Saturday, May 14, 2011
management
1. The organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives.
Example
Management is often included as a factor of productionalong with machines, materials, and money. According tothe management guru Peter Drucker (1909-2005), the basic task of a management is twofold: marketing andinnovation. Practice of modern management owes its origin to the 16th century enquiry into low-efficiency and failuresof certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). As a discipline, management consists of the interlocking functions of formulatingcorporate policy and organizing, planning, controlling, anddirecting an organization's resources to achieve the policy's objectives.2. The directors and managers who have the power andresponsibility to make decisions to manage an enterprise.
Example
The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies. In large organizations the board of directors formulates the policy which is then implemented by the chief executive officer. Some business analysts and financiers accord the highest importance to the quality and experience of the managers in evaluating an organizationscurrent and future worth.
Source: BusinessDictionary
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Friday, May 13, 2011
alignment
2. Typographic: Placement of text relative to the margins. In left alignment, all lines begin from the same distance from the left margin but end at varying distances from the right margin. In right alignment, lines begin at varying distances from the left-margin, but end at the same distance from the right margin. In justified alignment, lines begin and end at the same distance from left and right margins respectively.
Source: Businessdictionary
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Thursday, May 5, 2011
commission
1. Mutually agreed upon, or fixed by custom or law, feeaccruing to an agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial transaction.2. Formal body comprising of one or more experts formedon an ad hoc or continuing basis to address, debate, and/or exhaustively investigate matters within the expertiseof its members or within the scope of the commission'smandate. Unlike councils, commissions may have advisory,quasi-judicial, or regulatory powers._________________________
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WordPower
Sunday, May 22, 2011
issued share capital
The total of a company’s shares that are held by shareholders. A company can, at any time, issue new shares up to the full amount of authorized share capital. Also called subscribed capital, or subscribed share capital. issued share capital is in the Accounting & Auditing, Banking, Commerce, Credit, & Finance and Investingsubjects. issued share capital appears in the definitions of the following terms: capital reduction, subscribed capital,subscribed share capital, net worth, and over capitalization.
Source: BusinessDictionary
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Friday, May 20, 2011
Including charges only up to the seller's factory orpremises. All charges from there on, such delivery,distribution, and commissions, are to be borne by thebuyer. Mainly a British term.
Source: BusinessDictionay
-------------------------------
Wednesday, May 18, 2011
An economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Every business requires some form ofinvestment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis.Source: BusinessDictionary
Tuesday, May 17, 2011
marketing
The management process through which goods andservices move from concept to the customer. As a practice, it consists in coordination of four elements called 4P's: (1) identification, selection, and development of a product, (2) determination of its price, (3) selection of a distribution channel to reach the customer's place, and (4) development and implementation of a promotional strategy.
As a philosophy, marketing is based on thinking about the business in terms of customer needs and their satisfaction. Marketing differs from selling because (in the words of Harvard Business School's emeritus professor of marketing Theodore C. Levitt) "Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. And it does not, as marketing invariably does, view the entire business process as consisting of a tightly integrated effort to discover, create, arouse, and satisfy customer needs."
Source: BusinessDictionary
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Saturday, May 14, 2011
management
1. The organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives.
Example
Management is often included as a factor of productionalong with machines, materials, and money. According tothe management guru Peter Drucker (1909-2005), the basic task of a management is twofold: marketing andinnovation. Practice of modern management owes its origin to the 16th century enquiry into low-efficiency and failuresof certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). As a discipline, management consists of the interlocking functions of formulatingcorporate policy and organizing, planning, controlling, anddirecting an organization's resources to achieve the policy's objectives.2. The directors and managers who have the power andresponsibility to make decisions to manage an enterprise.
Example
The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies. In large organizations the board of directors formulates the policy which is then implemented by the chief executive officer. Some business analysts and financiers accord the highest importance to the quality and experience of the managers in evaluating an organizationscurrent and future worth.
Source: BusinessDictionary
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Friday, May 13, 2011
alignment
2. Typographic: Placement of text relative to the margins. In left alignment, all lines begin from the same distance from the left margin but end at varying distances from the right margin. In right alignment, lines begin at varying distances from the left-margin, but end at the same distance from the right margin. In justified alignment, lines begin and end at the same distance from left and right margins respectively.
Source: Businessdictionary
WordPower
Sunday, May 22, 2011
Source: BusinessDictionary
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Friday, May 20, 2011
Sunday, May 22, 2011
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Source: BusinessDictionary
----------------------------------------------------------
Friday, May 20, 2011
Including charges only up to the seller's factory orpremises. All charges from there on, such delivery,distribution, and commissions, are to be borne by thebuyer. Mainly a British term.
Source: BusinessDictionay
-------------------------------
Wednesday, May 18, 2011
An economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Every business requires some form ofinvestment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis.
Source: BusinessDictionary
Tuesday, May 17, 2011
marketing
The management process through which goods andservices move from concept to the customer. As a practice, it consists in coordination of four elements called 4P's: (1) identification, selection, and development of a product, (2) determination of its price, (3) selection of a distribution channel to reach the customer's place, and (4) development and implementation of a promotional strategy.
As a philosophy, marketing is based on thinking about the business in terms of customer needs and their satisfaction. Marketing differs from selling because (in the words of Harvard Business School's emeritus professor of marketing Theodore C. Levitt) "Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. And it does not, as marketing invariably does, view the entire business process as consisting of a tightly integrated effort to discover, create, arouse, and satisfy customer needs."
As a philosophy, marketing is based on thinking about the business in terms of customer needs and their satisfaction. Marketing differs from selling because (in the words of Harvard Business School's emeritus professor of marketing Theodore C. Levitt) "Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. And it does not, as marketing invariably does, view the entire business process as consisting of a tightly integrated effort to discover, create, arouse, and satisfy customer needs."
Source: BusinessDictionary
---------------------
Saturday, May 14, 2011
management
1. The organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives.
Example
Management is often included as a factor of productionalong with machines, materials, and money. According tothe management guru Peter Drucker (1909-2005), the basic task of a management is twofold: marketing andinnovation. Practice of modern management owes its origin to the 16th century enquiry into low-efficiency and failuresof certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). As a discipline, management consists of the interlocking functions of formulatingcorporate policy and organizing, planning, controlling, anddirecting an organization's resources to achieve the policy's objectives.
Example
Management is often included as a factor of productionalong with machines, materials, and money. According tothe management guru Peter Drucker (1909-2005), the basic task of a management is twofold: marketing andinnovation. Practice of modern management owes its origin to the 16th century enquiry into low-efficiency and failuresof certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). As a discipline, management consists of the interlocking functions of formulatingcorporate policy and organizing, planning, controlling, anddirecting an organization's resources to achieve the policy's objectives.
2. The directors and managers who have the power andresponsibility to make decisions to manage an enterprise.
Example
The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies. In large organizations the board of directors formulates the policy which is then implemented by the chief executive officer. Some business analysts and financiers accord the highest importance to the quality and experience of the managers in evaluating an organizationscurrent and future worth.
Example
The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies. In large organizations the board of directors formulates the policy which is then implemented by the chief executive officer. Some business analysts and financiers accord the highest importance to the quality and experience of the managers in evaluating an organizationscurrent and future worth.
Source: BusinessDictionary
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Friday, May 13, 2011
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Thursday, May 5, 2011
commission
1. Mutually agreed upon, or fixed by custom or law, feeaccruing to an agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial transaction.
2. Formal body comprising of one or more experts formedon an ad hoc or continuing basis to address, debate, and/or exhaustively investigate matters within the expertiseof its members or within the scope of the commission'smandate. Unlike councils, commissions may have advisory,quasi-judicial, or regulatory powers.
_________________________
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Wednesday, May 4, 2011
management audit
Definition
A systematic assessment of methods and policies of an organization's management in the administration and the use of resources, tactical and strategic planning, and employee and organizational improvement.
The objectives of a management audit are to (1) establish the current level of effectiveness, (2) suggest improvements, and (3) lay down standards for future performance. Management auditors (employees of the company or independent consultants) do not appraise individual performance, but may critically evaluate the senior executives as a management team. See also performance audit.
The objectives of a management audit are to (1) establish the current level of effectiveness, (2) suggest improvements, and (3) lay down standards for future performance. Management auditors (employees of the company or independent consultants) do not appraise individual performance, but may critically evaluate the senior executives as a management team. See also performance audit.
From BusinessDictionary.com
Word of the Day for May 3, 2011
Extrapolation
Definition
Statistical technique of inferring unknown from the known. It attempts to predict future data by relying on historical data, such as estimating the size of a population a few years from now on the basis of current population size and its rate of growth. Extrapolation may be valid where the present circumstances do not indicate any interruption in the long-established past trends. However, a straight line extrapolation (where a short-term trend is believed to continue far in into future) is fraught with risk because some unforeseeable factors almost always intervene. See also interpolation.
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From BusinessDictionary.com
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