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Definition of strategic planning
the process of developing a statement of
the cooperative strategic planning,
Financial planning conducted by a firm that encompasses preparation of both
The process of evaluating the investing and financing options available to a firm. It
Arrangement used to finance inventory. A finance company buys the inventory, which is then
Computer-based systems that plan backward from the production schedule
The length of time a model projects into the future.
A method of budgeting in which budgets are allocated to projects or programmes rather than to responsibility centres.
The provision and analysis of management accounting data about a business and its competitors, which is of use in the development and monitoring of strategy (Simmonds).
a packaged software program that allows a company to
a fully integrated materials requirement planning system that involves
a computerbased information system that simulates the ordering and
the process of creating the goals and objectives for
an agreement between two or more firms
organizational planning for the deployment of resources to create value for customers and shareholders; key varibles in the process include the management of information and the management of change in response to threats and opportunities
an approach to personnel management
the process of determining the specific
Manufacturing resource planning (MRP II)
An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of
Material requirements planning (MRP)
A computer-driven production methodology
Time horizon for a financial plan.
A budgeting process using summary-level information to
Enterprise resource planning system
A computer system used to manage all company
Manufacturing resource planning
An integrated, computerized system for planning
Material requirements planning
A computerized system used to calculate material
An insurance program designed to provide funds for insured's dependents upon death of the insured, and to also conserve, as much as possible, the personal assets that the insured wants to bequeath to heirs.
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