Term
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Definition
| To make something suitable for a new use or purpose or to mofify something. |
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Term
| Information management (p29) |
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Definition
| The vfinding, recording, storing and retrieving of information from various sources so that it can be used effectively by a business. |
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Term
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Definition
| A recaction to a need by developing a system that will meet the long-term or overall aims that have been identified. |
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Term
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Definition
| When two businesses of similar sizes willingly combine to become one. |
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Term
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Definition
| The act of assuming control of something, especially when one compny buys out another company against its will. |
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Term
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Definition
| The purchase of a business by another business where both parties are in agreement. |
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Term
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Definition
| An association formed between organisations with similar interests, nature or qualities, for mutual benefit. |
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Term
| Organisational design (p29) |
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Definition
| A process to integrate the people, information and technology of an organisation so that it improves the probability of the business achieving its purpose. |
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Term
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Definition
| A group of people seeking to influence a legislator or regulator on a particular issue. |
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Term
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Definition
| Investing capital in bonds, shares,properties, precious metals, etc. in order to protect it from the effects of inflation. |
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Term
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Definition
| Interacting with others to exchange information and develop professional contacts to help in gaining new customers, finding better suppliers, etc. |
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Term
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Definition
| An agreement between two or more firms to engage in an activity on a shared basis. The other activities of each partner are not affected by the alliance formed in order to make the most of the expertise of the other partner to the mutual advantage of both. |
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