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Definition of strategic planning
the process of developing a statement of
the cooperative strategic planning,
A budgeting process using summary-level information to
Financial planning conducted by a firm that encompasses preparation of both
a packaged software program that allows a company to
A computer system used to manage all company
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.
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
An integrated, computerized system for planning
a fully integrated materials requirement planning system that involves
An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of
A computerized system used to calculate material
A computer-driven production methodology
Computer-based systems that plan backward from the production schedule
a computerbased information system that simulates the ordering and
the process of creating the goals and objectives for
The length of time a model projects into the future.
Time horizon for a financial plan.
Planning, programming and budgeting system (PPBS)
A method of budgeting in which budgets are allocated to projects or programmes rather than to responsibility centres.
an agreement between two or more firms
Strategic management accounting
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).
strategic resource management
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
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