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BNET Business Dictionary
- Management
- the use of professional skills for identifying and achieving organizational objectives through the deployment of appropriate resources. Management involves identifying what needs to be done,...
- Management definition on BNET »
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- Decision Making In Companies
- A decision is a choice whereby a person forms a conclusion about a situation. This represents a course of behavior about what must or what must not be done. It is the point at which plans, policies and objectives are translated into concrete actions. Planning leads to decisions guided by...
- White papers 2007-04-14
- Effective Dual Sourcing With A Single Index Policy
- We consider a single stage periodic-review inventory system with backorders and dual sourcing: Replenishment can occur through a regular channel and/or a more expensive expedited channel with a smaller lead time. Globally optimal policies for these problems are in general highly complex; we therefore introduce a simple class of heuristic...
- White papers 2006-06-14
- Primacy Implementation of Environmental Policy in the U.S. States
- Environmental regulation is frequently implemented through a system that allows states to choose whether to assume primary authority, or ''Primacy,'' for implementation and enforcement. This study looks at what causes states to assume this authority in two important areas of environmental policy: air and water pollution. It finds that in...
- White papers 2005-12-21
- Towards an Innovation-Driven Economy Through Industrial Policy-Making: An Evolutionary Analysis of Singapore
- Industrialisation has always constituted a major objective of development strategy and government policy. Through industrialisation, developing nations aspire to achieve higher economic growth, and to eventually attain developed nation status. Yet, it remains doubtful whether the approach of industrial policy-making in developing countries has indeed been successful in transforming their...
- White papers 2005-11-29
- EU Environmental Policies: A Short History of the Policy Strategies
- This paper analyses as its starting point the six Environmental Action Programmes. These are medium- term programmes and strategic policy documents which reflect the fundamental elements of contemporary environmental thinking and problem perceptions, as well as strategic policy orientation. New action programmes often reflect a change in the general political...
- White papers 2005-10-13
- Electricity Resource Adequacy: Matching Policies and Goals
- Policies designed to ensure resource adequacy in electricity markets have been rooted in a disparate set of policy goals. Differences over the appropriate goals and focus of such policies have produced different views about what the appropriate means are for achieving these goals. This paper explores the motivations for resource...
- White papers 2005-08-01
- Lobbying Competition Over US Trade Policy
- Competition between opposing lobbies is an important factor in the endogenous determination of trade policy. This paper investigates empirically the consequences of lobbying competition between upstream and downstream producers for US trade policy. The empirical results, using US trade data, validate the predictions of the theoretical model with lobbying competition....
- White papers 2005-05-01
- Imbued Meaning: Science-Policy Interaction in the IPCC
- The IPCC's Synthesis Report SYR released in September 2001 was a symbolic representation of the best available policy relevant scientific information on climate change. In an effort to draft "policy relevant but not policy prescriptive scientific information" IPCC Bureau, the IPCC has developed two innovative methods of synthesizing scientific information....
- White papers 2004-09-27
- Entrepreneurship Policy & the Strategic Management of Places
- The purpose of this paper is to explain why and how a new type of public policy has emerged -the strategic management of places - and the central role that entrepreneurship plays in this new policy. An important implication of the shift in the comparative advantage is that much of...
- White papers 2004-09-02
- Competitive Sourcing Policy: More Sail Than Rudder?
- From the executive summary: ‘The paper argues that the U.S. policy of competitive sourcing will fail. He prime reason for this being Government's unwillingness to appreciate the policy's costs leading to the corresponding failure to identify, obtain, and invest appropriate resources needed to properly operationalize the policy. The Government simply...
- White papers 2003-09-15
- Treasury Risk the Roadmap - Part Two
- The formulation of a risk management policy will raise many key issues for a firm. It is to be noted that a policy will be unique to a particular organisation. There are no generic policies or limits. The policy should be consistent with the culture of a business and should...
- White papers 2003-09-02
- Imperfect Knowledge, Inflation Expectations and Monetary Policy
- This paper investigates the role that imperfect knowledge about the structure of the economy plays in the formation of expectations, macroeconomic dynamics, and the e±cient formulation of monetary policy. The process of perpetual learning introduces an additional layer of dynamic interaction between monetary policy and economic outcomes. We find that...
- White papers 2003-07-01
- Leadership and Institutional Reform: Engineering Macroeconomic Policy Change in Australia
- This article seeks to enhance the actor perspective on major policy reforms. It builds upon the literature on "policy entrepreneurs" and addresses its explanatory vagueness by specifying five hypotheses outlining the actions that proponent of major policy change need to take in order to be effective in forging departures from...
- White papers 2003-03-14
- Management : Risk Standards 1-9
- The article gives the idea of risk standards 1 to 9. The risk standard 1 states that Fiduciary responsibilities should be defined in writing and acknowledged in writing by the parties responsible. The standard 2 says that the Primary and Manager Fiduciaries should approve formal written policies, which reflect their...
- White papers 2003-01-01
- Is There A Rational Path To Salvage Competition?
- A number of mechanisms are available to regulators that will harness the benefits of competitive markets. However, more focused experiments should be undertaken to test the viability of the alternative policies, products and services. This article will review and analyze the salient features for some of the well-known failures of...
- White papers 2003-01-01
- Entrepreneurship and Regional Development Policies
- Many national, regional or local agencies have created policies to directly support entrepreneurs so as to increase the number of businesses or aid the competitiveness and expansion of existing small firms both generally. This paper considers what is meant by the term entrepreneurship and the implications of these meanings for...
- White papers 2002-06-28
- 2001 Trade Policy
- This paper elaborates and gives information about the 2001 trade policy for the export of Dairy products. USDEC leads U.S. dairy industry efforts in the export trade policy arena. Working with other dairy organizations, agricultural and trade groups, government agencies and lawmakers, the Council's goal is to enhance exports of...
- White papers 2002-04-19
- Guidelines for Implementing and Evaluating the Portuguese Drug Strategy
- This paper may be of interest to anybody who is involved in or concerned with drug policy. The paper is first and foremost meant to support Portuguese policy makers in taking well-considered decisions with respect to the Portuguese drug policy. However, the paper might also be of interest to drug...
- White papers 2002-02-01
- Addressing Challenges to Sustainable Development With Innovative Energy Technologies in a Competitive Electric Industry
- This paper addresses the importance of making energy innovation targeting sustainable development goals a major focus of energy policy and highlights the importance of making energy innovation policy reform an integral part of ongoing electric industry restructuring activity throughout the world. What follows is a short set of guidelines that...
- White papers 2001-06-01
- Social, Environmental and Security of Supply Policies in a Competitive Energy Market
- This paper describes the ways in which energy markets can be used to deliver social, environmental and security of supply objectives. It sets out a range of policy instruments for this purpose and shows how they can be used to work with the grain of the market to maximize and...
- White papers 2001-05-01
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