- corporate management
- corporate management
Management in the private sector intended to survive profitably and indefinitely
based on providing a product or service. It recognizes that its products will
not live forever but will be superseded by other products having the advantage
of superior quality, cost, timeliness or acceptability. This recognition
requires corporate management to set aside funds for technological development
to maintain market advantage. The overall corporate activity must maintain a
satisfactory return on investment for its share holders.
Source: Max Wideman.com
Copyright: Wideman Comparative Glossary
of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March
2002.
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