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COSO report
The Importance of Developing a Comprehensive and Effective Corporate Operating System
The success of a company hinges on its operations. The Corporate Operating System (COSO) is a collection of principles and processes that ensure reliable and effective operations. For a company to reach its maxi......
1027 
Lily
IBM Global Project Management Methodology
IBM Global Project Management Method
Today, projects are becoming increasingly complex and dynamic in their nature, requiring ever-growing agility, scalability and innovation to be successful. In response to the changing dynamics of project management, IBM has developed and implemented a global p......
QQTC model
Q-T C Model
The Q-T C model is a quantitative tool that can be used to compare the performance of programs and services on the basis of their output, outcomes and costs. Developed by Richard Drogin at Columbia University, the Q-T C model utilizes a process-oriented approach to measure the impact ......
SMART principles
SMART is a well-known acronym for an effective goal setting technique. This method helps individuals break down their goals into smaller, more achievable objectives. SMART stands for specific, measurable, attainable, realistic, and time-bound. This system has been used in education, business, heal......
T-shaped management
Total Quality Management (TQM)
In today’s business environment, competition and quality are the two dominating factors. Companies are looking for ways to improve quality in order to stay ahead of their competition. Total quality management (TQM) is a business system designed to improve, maintain......
Supplementary Registration Act
Register Act
The Register Act is an international treaty that establishes a global system for registering international assets, including intellectual property and tangible goods. It facilitates the registration of goods and assets and offers benefits to both the members of the treaty and owners......
standard element method
Standardization Elements Method
Standardization elements method is the process of creating templates for the development of customized products. The method consolidates certain common attributes of hundreds or thousands of products or services into a single set of interchangeable elements. This t......
Second party logistics
Logistics is the management of the transportation of goods from the point of origin to the point of consumption. The second party in logistics usually refers to either a 3PL provider, or a shipper. A 3PL provider, or third-party logistics provider, is a company that provides services for transport......
Third Party Logistics Service
Third-party logistics services have been around for a long time and have become increasingly popular in recent years. They offer businesses the chance to have their products delivered to customers quickly, efficiently and cost-effectively, often providing more options than traditional carriers.
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Variable costs
Variable Cost
Variable cost is a kind of cost that fluctuates according to the amount of production output. Generally, the more a business produces, the more it incurs in variable costs. It includes materials, direct labor and related expenses that fluctuate with production volume, such as wages ......
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