Financial Management: Definitions Essay

Define the following basis using your text or other resources. Cite wholly resources consistent with APA guidelines.TermDefinition vision you usedTime determine of moneyExplaind how a dollar received today, other things beingthe same, is worthy more than a dollar received a year from now.Efficient food groceryefficient market is a market in which all the available information is fully incorporated into securities prices, and the returns investors will cod on their investments cannot be predicted.Primary versus secondary marketA primary market is a market inwhich new, as opposed to previously issued, securities are bought and sold for the first time. The secondary market is where all subsequent trading of previously issued securities takes place.Risk-return tradeoffinvestment opportunitiesthat have divers(prenominal) risks and different expected pass judgment of return that reflect those risks.Agency (principal and agent problems)The conflict of interest between the firms man agers and its stockholders is called a principal-agent problem, or agency problem, in which the firms common stockholders, the owners of the firm, are the principals in the relationship, and the managers act as agents to these owners.Market information and security prices and information asymmetry. Through Market information you can know the prices of the different commodities in the market, the supply and the demand situation.Agile and lean principlesto be responsive to changing needs.Previous teachings perish on investmentA performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.Cash flow and a source of valueCash flow is a revenue or expense stream that changes a cash depict over a given period. A source of value is a source of worth, merit or importainceProject managementThe planning and organization of an organizations resources in order to move a specific task, event or duty toward completion.Outso urcing and offshoringOffshoring gist getting work done in a different country. Outsourcing refers to contracting work out to an external organization. http//www.diffen.com/difference/Offshoring_vs_OutsourcingInventory turnoverA dimension showing how many times a companys inventory is sold and replaced over a period InvestopediaJust-in-time inventory (JIT)Just in time (JIT) inventory is a management system in which materials or products are produced or acquired only as demand requires http//smallbusiness.chron.com/just-time-inventory-definition-23475.html Vender managed inventory (VMI)A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributors inventory levels. http//www.vendormanagedinventory.com/definition.phpprophecy and demand management occupy management and forecasting is recognizing all demand for goods and services to support the marketplace. Demand is prioritized when supply is lacking. http//www.apics.org/indust ry-content-research/publications/ombok/apics-ombok-framework-table-of-contents/apics-ombok-framework-5.4