Management

Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively.

Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal or target. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organization.

Etymology

The English verb "manage" comes from the Italian maneggiare (to handle, especially tools), which derives from the two Latin words manus (hand) and agere (to act).

The French word for housekeeping, ménagerie, derived from ménager ("to keep house"; compare ménage for "household"), also encompasses taking care of domestic animals. The French word mesnagement (or ménagement) influenced the semantic development of the English word management in the 17th and 18th centuries.

List of Burn Notice characters

This is a list of fictional characters in the television series Burn Notice. The article deals with the series' main and recurring characters.

Main characters

Michael Westen

Fiona Glenanne

Sam Axe

Madeline Westen

Jesse Porter

Jesse Porter (Coby Bell) is a former Counterintelligence Field Activity/Defense Intelligence Agency agent introduced in the Season 4 premiere. He was initially stationed in the field, but his risky and impulsive tactical maneuvers led to his being demoted to desk duty. Because of his research on the war-profiteering organization that Management was hunting, Michael stole Jesse's work in the course of his investigation, unintentionally burning Jesse. Jesse came to Michael for help as a fellow burned spy, which Michael accepted. But the fact that Jesse was insistent on exacting revenge on whoever burned him led the team to cover their trails leading to his burning. Left with nothing as Michael was, Jesse moves in as a tenant with Madeline and quickly fits into the team and their regular jobs.

Management (game)

Management is a business simulation board game released by Avalon Hill in 1960. Players operate their own manufacturing companies, making decisions on purchasing supplies, determining production volume, setting sale prices, and expanding factories. Turns are measured in business cycles. The winner is the player with the largest business at the end of the game. The competitive element is found in the players secretly bidding to purchase limited raw materials (with supplies going to the highest bidders) and then later secretly pricing their finished product for a market that normally would only purchase from the lowest priced suppliers.

References

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Probability distribution

In probability and statistics, a probability distribution assigns a probability to each measurable subset of the possible outcomes of a random experiment, survey, or procedure of statistical inference. Examples are found in experiments whose sample space is non-numerical, where the distribution would be a categorical distribution; experiments whose sample space is encoded by discrete random variables, where the distribution can be specified by a probability mass function; and experiments with sample spaces encoded by continuous random variables, where the distribution can be specified by a probability density function. More complex experiments, such as those involving stochastic processes defined in continuous time, may demand the use of more general probability measures.

In applied probability, a probability distribution can be specified in a number of different ways, often chosen for mathematical convenience:

History monoid

In mathematics and computer science, a history monoid is a way of representing the histories of concurrently running computer processes as a collection of strings, each string representing the individual history of a process. The history monoid provides a set of synchronization primitives (such as locks, mutexes or thread joins) for providing rendezvous points between a set of independently executing processes or threads.

History monoids occur in the theory of concurrent computation, and provide a low-level mathematical foundation for process calculi, such as CSP the language of communicating sequential processes, or CCS, the calculus of communicating systems. History monoids were first presented by M.W. Shields.

History monoids are isomorphic to trace monoids (free partially commutative monoids) and to the monoid of dependency graphs. As such, they are free objects and are universal. The history monoid is a type of semi-abelian categorical product in the category of monoids.

Distribution (economics)

Distribution in economics refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and the national income and product accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their respective shares, as in National Income. But, where focus is on income of persons or households, adjustments to the national accounts or other data sources are frequently used. Here, interest is often on the fraction of income going to the top (or bottom) x percent of households, the next y percent, and so forth (say in quintiles), and on the factors that might affect them (globalization, tax policy, technology, etc.).

Descriptive, theoretical, scientific, and welfare uses

Income distribution can describe a prospectively observable element of an economy. It has been used as an input for testing theories explaining the distribution of income, for example human capital theory and the theory of economic discrimination (Becker, 1993, 1971).