Related Words

Pivot Man: Another term for a second baseman.

Original Equipment Manufacturer (OEM): Any manufacturer that sells its product to a reseller. Most often refers to the original manufacturer of a device or component, but certain products licensed as OEM, like Windows operating s . . . View Full Definition

Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

Oral Reprimand: A verbal warning given to an employee by a manager or supervisor as a means of correcting inappropriate behavior or conduct.

Open-Book Management: A management strategy emphasizing employee empowerment by making the organization’s financial data available to all employees. The goal of this type of management program is to make employee . . . View Full Definition

Operating Performance Ratio: An overall measure of the efficiency of operations during a period: computed by dividing net income by net sales.

Participative Management: A management style, developed by Motorola, that involves employees in the decision-making process.

Passively Managed: An index mutual fund or exchange traded fund is described as passively managed because the securities in its portfolio change only when the make-up of the index it tracks is changed. For exa . . . View Full Definition

Performance Art: Multimedia art form involving visual as well as dramatic and musical elements.

Performance Attribution Analysis: The decomposition of a money manager's performance results to explain the reasons why those results were achieved. This analysis seeks to answer questions such as: (1) What were the major so . . . View Full Definition