Definition of following terms Essay

Time think of of m mavinyThis refers to the principle that a one sawbuck bill on hand today has more value than a dollar received sometime in the future. Keown, A. J., Martin, J. D., & Titman, S. (2014). Financial caution Principles and Applications (12th ed.). Pearson Education, Inc.. Efficient merchandiseRefers to the type of market where everyone receives the same time of cultivation and prices are reflected found on this randomness. Business Dictionary.com. (n.d.). Retrieved from http//www.businessdictionary.com/definition/efficient-market.html immemorial versus tributary marketPrimary market refers to the securities a high society sells for the first time for the aim of genteelness money. Securities traded later on initial investment are done through the substitute(prenominal) market. In the primary market, the issuing firm receives the money in the secondary market if the shareholder of the firm decides to sell he receives the money. Keown, A. J., Martin, J. D., & Titman, S. (2014). Financial solicitude Principles and Applications (12th ed.). Pearson Education, Inc.. Risk-return tradeoffThis principle is based on the risk that investors are unbidden to take for a promise of higher returns on investments. Keown, A. J., Martin, J. D., & Titman, S. (2014). Financial Management Principles and Applications (12th ed.). Pearson Education, Inc..Agency (principal and agent problems)Refers to the problem companies face in motivating their managers who operate as agents in pursuing the interests of the owners (shareholders). Keown, A. J., Martin, J. D., & Titman, S. (2014). Financial Management Principles and Applications (12th ed.). Pearson Education, Inc.. Market in straination and security prices and information asymmetry Security prices change as information is provided to all investors. In contrast in information Asymmetry one party may benefit from having more sources of information and therefore qualification better decisions. What is I nformation Asymmetry. (2014). Retrieved from http//www.investorwords.com/2461/information_asymmetry.html Keown, A. J., Martin, J. D., & Titman, S. (2014). Financial Management Principles and Applications (12th ed.). Pearson Education, Inc.. Agile and track down principlesThe lean principle in Finance refers to the production practice that companies use in which they target to minimize waste and use the the least amount of resources to refer the customers needs. Organizations that use agile type of processes allow to work on littler projects to revamp production, maximize collabo balancen and allow for more flexible schedules. What is undertaking Management. (2014). Retrieved from http//www.villanovau.com/resources/project- counselling/what-is-project-management/.VFKo2vldWSo Return on investmentIts a form of investment measurement that shows how efficiently a company is using its resources. This ratio is usually expressed as a percentage. http//www.businessdictionary.com/definitio n/return-on-investment-ROI.htmlCash prey and a source of valueThis is the money a company has after it has paid its bills and after it has used the money necessary to operate the business. The value of a companys investment lies in the amount of hard cash flow available to spend. The allow Dictionary. (2009). Retrieved from http//financial-dictionary.thefreedictionary.com/cash+flowProject managementThis refers to the processes that involves all aspects of a project, ensuring that it is done well, on time and within budget. Processes in Project management include initiating, planning, executing, monitoring, controlling, and closing. What is Project Management. (2014). Retrieved from http//www.villanovau.com/resources/project-management/what-is-project-management/.VFKo2vldWSo Outsourcing and offshoringOutsourcing happens when a company contracts the services of a third party to do the work for the purpose to increase efficiency and lower be. As opposed to offshoring this does not extradite to happen out of the country. Offshoring happens when a company moves abroad to reduce the costs of running its operations. What is the Difference between Outsourcing and Offshoring. (2003-2014). Retrieved from http//www.wisegeek.com/what-is-the-difference-between-outsourcing-and-offshoring.htmInventory swageInventory turnover is a form of measurement of how frequently a company sells and replenishes its inventory. The Free Dictionary. (2009). Retrieved from http//financial-dictionary.thefreedictionary.com/ Inventory+TurnoverJust-in-time inventory (JIT)JIT inventory system maximizes the profit by just keeping enough inventory as needed and qualification more frequent orders, saving space and the money associated with keeping up with large inventories. Wise Geek. (2013-2014). Retrieved from http//www.wisegeek.org/what-is-a-just-in-time-inventory.htm seller managed inventory (VMI)It is the type of inventory type where the manufacturer is responsible for keeping up with t he levels of the companys inventory. Vendor Managed Inventory. (2014). Retrieved from http//www.vendormanagedinventory.com/definition.php