...Sport Management We were given the task to explore three websites that define their own version of what sport management actually in tales and how it is applied in the real world as we know it. The first website we were ask to look through for a definition is called the North American Society for Sport Management. When looking through this site I found they stated that NASSM is actively involved in supporting and assisting professionals working in the fields of sport, leisure and recreation. The purpose of the North American Society for Sport Management is to promote, stimulate, and encourage study, research, scholarly writing, and professional development in the area of sport management - both theoretical and applied aspects (North American Society For Sport Management, 2013). They also have a journal with a mission statement stating; The Journal of Sport Management publishes research and scholarly review articles; short reports on replications, test development, and data reanalysis (Research Notes); editorials that focus on significant issues pertaining to sport management (Sport Management Perspectives); articles aimed at strengthening the link between sport management theory and sport management practice (From the Field); journal abstracts (Sport Management Digest); book reviews (Off the Press); and news items of interest to professionals in sport management (Management Memos) (North American Society For Sport Management, 2013). I believe this is a well-grounded definition...
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...significance of management MEANING Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources. -Wikipedia According to Harold Koontz, "Management is the art of getting things done through and with people in formally organised groups." Harold Koontz gave this definition of management in his book "The Management Theory Jungle". Management involves the activities to control and monitor the people in an organization to achieve the desired goals of the organization. The roles of management include planning, organizing, staffing, directing and monitoring the employees. A manager directs the people to perform the tasks which ultimately result in gaining the goals of the company. Management also deals with the allocation, planning, and manipulation of the resources available to the organization. In the recent years the concept of management has changed because of the decentralization in the organizations. Today, management facilitate the activities of the workers instead of controlling them. There is no universally accepted definition for management, therefore...
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...University of Phoenix Material Definitions Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines. TERM: Time value of money DEFINITION: Price put on the time an investor or lender has to wait until the investment or loan is fully recouped. RESOURCE: (Business Dictionary., 2014). TERM: Efficient market DEFINITION: The prices of financial claims traded in the public financial markets respond rapidly to the release of new information. Thus, when earnings reports come out, prices adjust immediately to the new information, moving upward if the information is better than expected and downward if it is worse than expected RESOURCE: (Business Dictionary., 2014). TERM: Primary versus secondary market DEFINITION: Primary markets are tailored to a company's particular needs and is conducted either by you or by a company that you pay to conduct the research for you. Secondary markets are based on information from studies previously performed by government agencies, chambers of commerce, trade associations, and other organizations. RESOURCE: All Business, (2014). TERM: Risk-return tradeoff DEFINITION: We won’t take on additional risk unless we expect to be compensated with additional return. RESOURCE: (Business Dictionary., 2014). TERM: Agency (principal and agent problems) DEFINITION: A firm’s common stockholders, the owners of the firm, are the principals in the relationship, and the managers act as...
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...an Existing IT Security Policy Framework Definition Learning Objectives and Outcomes Upon completing this lab, students will be able to complete the following tasks: * Identify risks, threats, and vulnerabilities in the 7 domains of a typical IT infrastructure * Review existing IT security policies as part of a policy framework definition * Align IT security policies throughout the 7 domains of a typical IT infrastructure as part of a layered security strategy * Identify gaps in the IT security policy framework definition * Recommend other IT security policies that can help mitigate all known risks, threats, and vulnerabilities throughout the 7 domains of a typical IT infrastructure Week 5 Lab Part 1: Assessment Worksheet (PART A) Sample IT Security Policy Framework Definition Overview Given the following IT security policy framework definition, specify which policy probably can cover the identified risk, threat, or vulnerability. If there is none, then identify that as a gap. Insert your recommendation for an IT security policy that can eliminate the gap. Risk – Threat – Vulnerability | IT Security Policy Definition | Unauthorized access from pubic Internet | Acceptable use policy | User destroys data in application and deletes all files | Backup Recovery Policy | Hacker penetrates your IT infrastructure and gains access to your internal network | Threat Assessment & Management Policy | Intra-office employee romance...
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...Knowledge Management Student’s Name Institution Table of Contents 1.0 Question 1: What is Knowledge Management? 3 1.1 Part (a) 3 1.2 Part (b) 5 1.3 Part (c) 6 2.0 Question 2: Knowledge Management Tools and Techniques 7 2.1 Part (a) 7 2.2 Part (b) 9 3.0 References 12 1.0 Question 1: What is Knowledge Management? 1.1 Part (a) The definition by Wiig (2004) is objectified and externalized in the sense that it does view knowledge management as a collective responsibility. According to the definition, knowledge is considered as an asset of an enterprise and as to such; there is no special emphasis on the knowledge held by a single individual. Instead, knowledge is managed for the collective benefit of an enterprise. On the contrary, the definition by Corso et al. (2006, p.210) portrays knowledge management to be subjective and personal. The definition lays focus on the creation of an environment for knowledge acquisition and sharing. It therefore implies that it is upon an individual to utilize the environment to learn or gain knowledge. Moreover, the definition by Wiig (2004) is more relevant to practice as it encourages the building, renewal and application of knowledge in order to make an enterprise to benefit from its intellectual and knowledge assets. The argument here is that according to the definition, knowledge should be applied or put to practice. In the same respect, the definition by Corso et al. (2006, p.210) is more theory-oriented. It is more...
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...Organisation and Management from different Authors or Management Gurus-5 pages The definition of management is not static due to usage and practices by those in managerial positions. Thus the meaning can change This means that it is good if we can keep abreast of new development in this area. It is enough if you have an adequate understanding of the definition of management. The better approach is to know "the how to" and whether the way you manage things effectively accomplish the targets of the tasks at hand. And thus helping, at the end of the day, to achieve the overall objectives of your organization. It is very difficult to give a precise definition of the term 'management'. Different scholars from different disciplines view and interpret management from their own angles. The economists consider management as a resource like land, labour, capital and organisation. The bureaucrats look upon it as a system of authority to achieve business goals. The sociologists consider managers as a part of the class elite in the society. Mary Parker Follett Management is also defined as "to get things done through others." She defined management as "the art of getting things done through people." This is a fine definition if there are "others" to help. You are more in the position of being "in charge", "handling" the task at hand, and "directing" yourself in the process. You "managed" to accomplish the task not "through others". So the definition of management in this context...
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...Throughout time, the term and understanding of management has been questioned, modified and tested. Today, management can be developed and placed nearly anywhere in a workplace and is essential in the efficiency and effectiveness of any company. From the early thoughts Sun Tzu, Scientists like Fredrick Winslow Taylor to the theories of Mcgregor; the true definition of management is not yet set in stone. This report’s goal is to study and describe the many definitions of management, try to comprehend the reasons for their individual differences and/or similarities and it will also observe business ethics throughout this evolution. The theory of scientific management was the creation of Frederick Winslow Taylor (1911, pg 7): ‘Management is an art of knowing what to do, when to do and see that it is done in the best and cheapest way’. The theory and its belief was that there is one best way to do a task and by using scientific methods that ‘one best way’ can be established. F.W Taylor ‘was the first to synthesize and systematize the best that was known about the management of men and to point out the techniques by which art might be advanced in the future’(Aitken,1960,p.35), thus showing that Taylor was ahead of his time with his thinking about management and understood that management was an art. Hoxie argued however, that “Scientific management, fully and properly applied inevitably tends to the constant breakdown of the established craft and craftsmanship and the constant...
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...Corporate Social Responsibility and Environmental Management Corp. Soc. Responsib. Environ. Mgmt. (in press) Published online in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/csr.132 How Corporate Social Responsibility is Defined: an Analysis of 37 Definitions Alexander Dahlsrud* Department of Industrial Economics and Technology Management, Faculty of Social Science and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway ABSTRACT Despite numerous efforts to bring about a clear and unbiased definition of CSR, there is still some confusion as to how CSR should be defined. In this paper five dimensions of CSR are developed through a content analysis of existing CSR definitions. Frequency counts are used to analyse how often these dimensions are invoked. The analysis shows that the existing definitions are to a large degree congruent. Thus it is concluded that the confusion is not so much about how CSR is defined, as about how CSR is socially constructed in a specific context. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. Received 24 April 2006; revised 31 August 2006; accepted 18 September 2006 Keywords: analysis; corporate social responsibility; definitions; discourse; social construction Introduction HE CORPORATE WORLD IS FACING THE NOTION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) wherever it turns these days. On a wide range of issues corporations are encouraged to behave socially responsibly (Welford...
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...University of Phoenix Material Definitions Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines. |Term | | | |Time value of money |Definition |Is a price that is defined by a investor, and lender who has to wait until | | | |the loan is fully ready. | | |Resource you used |(Investopedia, 2015) | |Efficient market |Definition |Prices that are traded in the public financial market, which slowly release| | | |new information there is. | | |Resource you used |(Business Dictonary, 2015) | |Primary versus secondary market |Definition |Primary Markets is when there are securities made to a company particular | | | |needs. Secondary Markets are also known as stock markets that is performed | | ...
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...University of Phoenix Material Definitions Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines. |Term | | | |Time value of money |Definition |Is a price that is defined by a investor, and lender who has to wait until | | | |the loan is fully ready. | | |Resource you used |(Investopedia, 2015) | |Efficient market |Definition |Prices that are traded in the public financial market, which slowly release| | | |new information there is. | | |Resource you used |(Business Dictonary, 2015) | |Primary versus secondary market |Definition |Primary Markets is when there are securities made to a company particular | | | |needs. Secondary Markets are also known as stock markets that is performed | | ...
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...What Is Strategic Management, Really? Inductive Derivation of a Consensus Definition of the Field Rajiv Nag Department of Management WCOB468 Sam Walton College of Business University of Arkansas Fayetteville, AR, 72701 Tel: (479) 575-6650 Fax: (479) 575-3241 Email: Rnag@walton.uark.edu Donald C. Hambrick The Pennsylvania State University Smeal College of Business 414 Business Building University Park, PA 16802 (814) 863-0917 Fax: (814) 863-7261 dch14@psu.edu Ming-Jer Chen University of Virginia The Darden School Charlottesville, VA 22906-6550 (434) 924-7260 Fax: (434) 243-7678 chenm@darden.virginia.edu October 18, 2006 (Strategic Management Journal, forthcoming) Acknowledgements: The authors are indebted to all those individuals who participated in the survey. The authors thank Hao-Chieh Lin for his help in the early stages of this research. We acknowledge financial support from the Batten Institute and the Darden Foundation, University of Virginia. A note of thanks to Tim Pollock, Wenpin Tsai, and two anonymous reviewers for their extremely useful comments on earlier versions of this manuscript. Keywords: Strategic Management, Academic Communities, Linguistics. 1 What Is Strategic Management, Really? Inductive Derivation of a Consensus Definition of the Field ABSTRACT It is commonly asserted that the field of strategic management is fragmented and lacks a coherent identity. This skepticism, however, is paradoxically at odds with the great success that strategic...
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...factors associated with customers and competitors (the external environment) and the organization itself (the internal environment) to provide the basis for maintaining optimum management practices. The objective of strategic management is to achieve better alignment of corporate policies and strategic priorities. The strategic management defines in many ways according to business variables on: the management process and functions; environment scanning ; turbulent environment; collective processes; strategic plan; and organization road map that will extensively and comprehensively expound the applicability of this concept to the corporate world. 1. It is the management process through the formulation, organization, execution and evaluation of the organizational resources to meet the desired goals in the future. This definition provides an assessment as to the management process and functions of the different levels of managers on how the formulation of the organizational goals, the designed structure and systems, the strategic position to implement the quality assurance program and evaluate the designed systems of improvement. 2. The systematic study of the environmental analysis of the competitors and customers to provide an optimum profitability of the investment in the organization. This definition emphasizes the environmental scanning of the internal environment (materials, manpower and financial resources) and external environment (political, economic, technological and...
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...In this (presentation) I shall be discussing Henry Fayols 14 principles of Management. To this end, I will like to take a look at the general definitions of Management from various proponents as well as look at the meaning of principles; especially in the context of Management. Before going into the work proper, the analysis of Henry Fayols Principles of Management theory, I will render some criticism against the theory as well as some appraisals before drawing a conclusion of the significant of the theory in the modern day business environment. Definitions: the term Management is used to a large extent in the business. It describes to the fullest the “is” and “ought” of efficient and effective running business organization. Accordingly various schools have offered definitions to the concept of management such as George R. Teny; “Management is a distinct process consisting of planning, organising, actuating and controlling performed to determine and accomplish stated objectives by the use of Human beings and other resources” Peter Drucker; “Management is a multipurpose organ that manages business, manages managers, manages workers and work” Harold Koontz; “Management is the art of getting things done through and with people in formally organizes groups” The description of the varying definitions as quoted above presupposes a process from planning to the end result of the task which is done by humans. The process is social in nature. It takes place through people. A manager’s...
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...JOURNAL OF BUSINESS LOGISTICS, Vol.22, No. 2, 2001 1 DEFINING SUPPLY CHAIN MANAGEMENT by John T. Mentzer The University of Tennessee William DeWitt The University of Maryland James S. Keebler St. Cloud State University Soonhong Min Georgia Southern University Nancy W. Nix Texas Christian University Carlo D. Smith The University of San Diego and Zach G. Zacharia Texas Christian University “Management is on the verge of a major breakthrough in understanding how industrial company success depends on the interactions between the flows of information, materials, money, manpower, and capital equipment. The way these five flow systems interlock to amplify one another and to cause change and fluctuation will form the basis for anticipating the effects of decisions, policies, organizational forms, and investment choices.” (Forrester 1958, p. 37) Forrester introduced a theory of distribution management that recognized the integrated nature of organizational relationships. Because organizations are so intertwined, he argued that system dynamics can influence the performance of functions such as research, engineering, sales, and promotion. 2 MENTZER, DeWITT, KEEBLER, MIN, NIX, SMITH, AND ZACHARIA He illustrated this phenomena utilizing a computer simulation of order information flow and its influence on production and distribution performance for each supply chain member, as well as the entire supply chain system. More recent replications of this phenomenon include the “Beer...
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...DOI 10.1007/s10997-010-9154-1 Internationalization, innovation and entrepreneurship: business models for new technology-based firms Alberto Onetti • Antonella Zucchella • Marian V. Jones • Patricia P. McDougall-Covin Ó Springer Science+Business Media, LLC. 2010 Abstract New technology-based firms, particularly those that develop their business around a new technological platform, are likely to be impacted by globalization, in terms of both pace of innovation and pressure of competition. For these firms, strategic decisions and growth processes are characterized by a deep interrelationship amongst the processes of internationalization, innovation and entrepreneurship; processes which have tended to be examined independently in distinct bodies of literature. In practice strategic decisions concern each of these processes and address issues such as organizational boundaries, location of the operational activities, what activities to focus on and selection of value partners. The business model by which firms operate needs also to accommodate the spatial dimensions indicated by globalization; and the emergence of global technology markets. Little is known to date about the extent to which business models accommodate or are adapted to internationalization, innovation and entrepreneurship. This paper presents a review of the business model literature from which a generic business model framework is derived, identifying and introducing the main elements of these A. Onetti...
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