Examlex
A breakthrough project creates a competitive advantage that enables the organization to earn a greater than normal return on investment than its competitors.
Planning Period
The length of time for which an organization prepares its strategies and allocates its resources.
Bottom-Up Plan
A planning strategy that starts at the lowest or most detailed level, with information and forecasts moving upwards for review and decision-making.
Lower Management
The lowest level of management in an organizational hierarchy responsible for supervising the daily operations and reporting to middle management.
Middle Management
Middle management refers to the level of management in an organization that serves as the intermediary between the executive leadership and the operational staff, responsible for implementing strategies and policies.
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