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    Glossary: management theory 

     ADMINISTRATION:

     its objective the study of organizations, and technical responsible for

     planning, organization, direction and control of resources (human,nancial, material, technological, knowledge, etc.) resources.

    BROKERS:

     Person working of commercial intermediary, especially in a business

    of sale of ats, cars, etc., in e!change for a commission on each sale.

    BUDGET:

    "inancial plan of income and e!penses comprised of short#term

     programs, projects and activities to be undertaken by an

    organization, appearing in certain classications.

    CAPITAL:

     it is an accounting abstraction are property and rights (e$uity assets)

    less debts and obligations (liabilities), all of which is held by the

    capitalist.

    %ompany 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 plainti&s, on par with ensuring the

    continuity of the productive and commercial structure as well as thenecessary investments.

    COMPETITIENESS: 

    %ompetitiveness is related to the ability of a company or country to

    get market returns relative to their competitors. %ompetitiveness

    depends on the relationship between the value and $uantity of the

    o&ered product and to obtain the necessary inputs (productivity), and

     productivity of the other bidders in the market.

    CONTENTS:

    'athematical relationship of a value relative to another value. he

    result can be an absolute or relative number.

    COORDINATE:

     ct of e!changing information between the parts of a whole. *pera

    vertically and horizontally to ensure the harmonious and

    synchronized course of all the elements involved in the work.

    CRIME:

     +% is called to that large company dedicated to the production of

    goods or services, which has subsidiaries in countries other than the

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    original (parent company) and thus fail to e!pand its inuence 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. ith -/ 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:

    0dentifying and e!plaining immersed in a problem, the background,

    and measuring the e&ects that occur in their environment direct andindirect variables.

    ECO!E""ICIENC#:

     add more value to goods or services using fewer resources and

     producing less waste and pollution eco pre! refers both to the

    economy and ecology.

    E""ICIENC#:

    the e1ciency with which an economic system uses production to

    meet consumer needs resources.

    E""ECTIENESS:

    o 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 e1ciency.

    E""ECTIENESS: 

    means e!ecute, perform or obtain as a result. hen an individual

     practical e&ectiveness in their work, pays much time and increasetheir standard of living, and feel that it is meeting its daily work

    e1ciently. 2nder the law of e&ectiveness, this habit is ac$uired by

    balancing production and production capacity. hus, both managers

    and sta& responsible may benet more e&ort and work hours they

    invest daily in the company.

    EMPLO#EE:

      person who e!ercises an o1ce or work and in return it receives a

    salary 

    EALUATE:

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     ct and prosecute compare results achieved in a given time and

    space, with results e!pected at that moment. 0t is to seek the causes

    of their behavior, understand and introduce appropriate remedial

    action.

    "ORM:

    Printed document containing structured information 3!ed3 on a

    certain aspect, to be complemented by 3variable3 information

    according to each application and to meet a specic objective.

    "UNCTION:

    Permanent and impersonal formal mandate of an organization or a job.

    GOAL:

    0t is the $uantication of the specic objective. 0ndicates the $uantity

    and unit of measure of the desired outcome and the time and place

    to do it. 0t consists of ord $uantity measurement unit time location.

    $UMAN RESOURCES:

     personnel hired by the company provides a set of knowledge, skills,

    work skills, and creativity to solve problems or distribution operation

    MANAGER: 

    4e 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:

    "unction by which the companies and the 5tate achieve results tomeet 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.

    MET$OD:

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    6ogical se$uence of steps or stages that lead to achieve a

     predetermined goal.

    PA#ROLL: 

    the sum of all nancial records of employee salaries, wages, bonuses

    and deductions. 0n 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.

    ari& is the ta! that applies to goods that are being imported. he

    most widespread is the ta! levied on imports, while tari&s on e!ports

    are less common7 hey can also be recorded transit tari&s products

    entering a country to another.

    POLIC#:

    5et of strategies, policies and parameters of an organization, guidingthe action of o1cials to achieve their objectives and goals in a given

     place and time. 0t is a general framework for action.

    PRODUCTIIT#:

     is the relationship between certain amount of products produced by

    a production system and resources used for such production.

    PRO"IT:

     when a company provides a service for remuneration and prot.

    0ntangible8 not to be taken or touched.

    PROBLEM:

     bnormal situation with respect to behavior or acts considered

    3normal3 in a particular historical moment and a given location.

    PROCEDURE:

    %ycle operations a&ecting several employees working in di&erent

    sectors and which is established to ensure the uniform of all the

    respective operations to produce a particular good or servicetreatment.

    SEL":

     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.

    'onopoly is a situation of legal privilege or market failure, in which

    there is a (monopolistic) producer who has great market power and is

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    uni$ue in an industry that has a given product, goods or service

    resort and di&erential . %oca#%ola eg .

    STRATEG#:

    0n a controlled process7 is the set of rules that ensure an optimal

    decision at all times. 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 3core3

    trust, granting credit and control sta& to deliver their products.

    S%OT:

    9valuation of potential technical and organizational and personal

    risks, with regard to decision#making and a&ecting means. 0t means8

    5trengths, eaknesses, *pportunities and hreats.

    %EAT$ER:

     0t:s a non#renewable resource intangible. 'anagement needs the

     proper use of time. ime is a key element in planning for working with

    time during this activity to continuous production processes and

    serve the market.