Organization Chart (Org chart)
representation (e.g., diagram) that displays
the relationships or reporting hierarchy among
the people, departments, or functions of an
administrative and functional structure.
Organizational (Corporate) Culture
assumptions, beliefs, and values of an entity
or business communicated by its leaders that
determine the decisions, actions, and
behavior of its employees.
The process of defining and
coordinating human, physical, and financial
resources to achieve results.
Original Equipment Manufacturer (OEM)
company that produces parts, materials, or
equipment, or the authorized reseller of such
parts, materials, or equipment.
The result of a process.
A measurable quantity that results from
the effort or input of a person, business,
machine, or system.
Action that occurs when an entity
makes an informed decision to contract out a
product, service, or business process that was
previously provided by internal (in-house)
resources. The responsibility for providing the
outsourced product, service, or business
process remains with the entity; the entity
pays the contractor for the work done and
administers the contract. See also: Insourcing
(in-house), Contracting Out.
Outsourcing of Non-Core Activity
of non-core functions or operations with
external contractors, businesses, or suppliers.
The recurring costs of running a
business, excluding the costs directly
associated with the creation of a product or