Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for...

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C h a p t e r 9 G L O S S A R Y EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting Gantt chart Human resource planning Input planning Jury of executive opinion method Level dimension Plan Planning tools Plant facilities planning Policy Procedure Product life cycle Program Program evaluation and review technique (PERT) Repetitiveness dimension Rule Salesforce estimation method Scheduling Scope dimension Single-use plans Site selection Standing plans Time dimension Time series analysis method

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Transcript of Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for...

Page 1: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

Chapter

9

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EXIT Glossary

Modern Management, 9th edition

Click on terms for definitions

Activities

Budget

Critical path

Events

Forecasting

Gantt chart

Human resource planning

Input planning

Jury of executive opinion method

Level dimension

Plan

Planning tools

Plant facilities planning

Policy

Procedure

Product life cycle

Program

Program evaluation and review technique (PERT)

Repetitiveness dimension

Rule

Salesforce estimation method

Scheduling

Scope dimension

Single-use plans

Site selection

Standing plans

Time dimension

Time series analysis method

Page 2: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

© Prentice Hall, 2002

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Activities and events are the primary elements of a PERT network.

Activities are specified sets of behavior within a project.

Events are the completions of major project tasks.

Page 3: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

© Prentice Hall, 2002

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A budget is a control tool that outlines how funds in a given period will be spent,

as well as how they will be obtained.

Page 4: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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A critical path is the sequence of events and activities within a program evaluation and review technique (PERT) network that

requires the longest period of time to complete.

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Forecasting is a planning tool used to predict future environmental happenings that will influence the operation of the

organization.

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The Gantt chart is a scheduling tool composed of a bar chart with time on the

horizontal axis and the resource to be scheduled on the vertical axis. It is used for

scheduling resources.

Page 7: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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Human resource planning is input planning that involves obtaining the human resources necessary for the organization to

achieve its objectives.

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Input planning is the development of proposed action that will furnish sufficient and appropriate organizational resources for reaching established organizational

objectives.

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The jury of executive opinion method is a method of predicting future sales levels primarily by asking appropriate managers to give their opinions on what will happen

to sales in the future.

Page 10: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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The level dimension of a plan is the level of the organization at which the plan is

aimed.

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A plan is a specific action proposed to help the organization achieve its

objectives.

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Planning tools are techniques managers can use to help develop plans.

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Plant facilities planning is input planning that involves developing the type of work facility an organization will need to reach

its objectives.

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A policy is a standing plan that furnishes broad guidelines for channeling

management toward taking action consistent with reaching organizational

objectives.

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A procedure is a standing plan that outlines a series of related actions that

must be taken to accomplish a particular task.

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A product life cycle is the five stages through which most products and services

pass: introduction, growth, maturity, saturation, and decline.

Page 17: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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A program is a single-use plan designed to carry out a special project in an

organization that, if accomplished, will contribute to the organization’s long-term

success.

Page 18: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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The program evaluation and review technique (PERT) is a scheduling tool that is essentially a network of project

activities showing estimates of time necessary to complete each activity and the

sequence of activities that must be followed to complete the project.

Page 19: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

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The repetitiveness dimension of a plan is the extent to which the plan is to be used

over and over again.

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A rule is a standing plan that designates specific required action.

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The salesforce estimation method predicts future sales levels primarily by asking appropriate salespeople for their opinions of what will happen to sales in

the future.

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Scheduling is the process of formulating a detailed listing of activities that must be

accomplished to attain an objective, allocating the resources necessary to attain the objective, and setting up and following

timetables for completing the objective.

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The scope dimension of a plan is the portion of the total management system at

which the plan is aimed.

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Single-use plans are plans that are used only once—or, at most, several times—

because they focus on unique or rare situations within the organization.

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Site selection involves determining where a plant facility should be located. It may use a weighting process to compare site

differences.

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RETURN to Chapter terms EXIT Glossary

Standing plans are plans that are used over and over because they focus on organizational situations that occur

repeatedly.

Page 27: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

© Prentice Hall, 2002

RETURN to Chapter terms EXIT Glossary

The time dimension of a plan is the length of time the plan covers.

Page 28: Chapter9Chapter9 GLOSSARYGLOSSARY EXIT Glossary Modern Management, 9 th edition Click on terms for definitions Activities Budget Critical path Events Forecasting.

© Prentice Hall, 2002

RETURN to Chapter terms EXIT Glossary

The time series analysis method is a method of predicting future sales levels by analyzing the historical relationship in an

organization between sales and time.


  · Web viewRevision History. Table of Contents. Internal Relations. Package-wide Variables. GlossaryGlossary. Introduction. File List and Related Information. Exported Options

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