Authority concept is related with the hierarchy concept and corresponds to the power of leading the others and taking them to act as desired and (…)

Average Payments Period Concept Average Payments Period is an activity indicator that seeks to measure the efficiency level with which the company is managing its suppliers payments. The bigger the average payments term, bigger its payment terms negotiation capacity but can also mean difficulties in the fulfillment of the agreed terms. Average payments period is […]

Average Receipts Period Concept Average Receipts Period is an activity indicator that seeks to measure the efficiency level with which the company is managing its clients credit. The bigger the average receipts term, lower is the credit policy efficiency. Average receipt period is calculated by the division of the average amount of clients credit by […]

Average Stocks Period Concept Average Stocks Period is an activity indicator that seeks to measure the efficiency level with which the company is managing its stock inventories. The bigger the average stocks period, lower is the stocks management efficiency. Average stocks period is calculated by the division of the average amount of stocks by the […]

Balance Sheet Concept Balance sheet builds a representation board of the company’s heritage (group of values used by the economic unit in the pursuit of its activity) at a certain moment. Since the heritage is a group of heterogeneous values, there is the need to group them into homogeneous sets, (equipments, debts from others, debts […]

Balanced Scorecard (briefly BSC) is a measurement and evaluation methodology of the strategic alternatives, developed by the northern (…)

BCG Bold Concept: BCG Mold (from Boston Consulting Group) is another model, used mainly for the planning of businesses portfolios…

Benchmarking Concept The term benchmarking originates from the English term benchmark, which refers to the level quotes used in topographical measurements and was introduced in business language by the company Xerox, that defined it as “the continuous process of measuring and comparing our products, services and practices with the strongest competitors or with the companies […]

Bibeault Model Concept: Bibeault Model is a model developed by Donald Bibeault and that seeks to help the managers identify…

Bonoma Implementation Model Concept: Bonoma Implementation Model, developed by Thomas Bonoma, professor at Harvard Business School…