Management Glossary

  Terms beginning with d
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days of inventory
The average number of units (or possibly volume or weight in the case of bulk or liquid material) of inventory divided by the average daily usage of that inventory item. If those averages accurately reflect the current reality, the "days of inventory" value indicates how many days there will be before that inventory will be depleted if not replenished before then. Days of inventory can be calculated for any type of inventory -- raw materials, parts, sub-assemblies, finished goods, etc.
Contributed by: Managerwise Staff

DBA
  1. With regard to businesses, DBA is an abbreviation for "doing business as".
  2. In information technology departments a DBA is a Database Analyst or a Database Administrator
Contributed by: Managerwise Staff
See: doing business as

DCF

discounted cash flow

Contributed by: Managerwise Staff
See: discounted cash flow

de facto

Latin for "in fact". It means that the thing being discussed has become the standard simply as a result of having been almost universally adopted rather than by being legally required by a government or professional body.

Opposite of "de jure."

Contributed by:
See: de jure

de jure

Latin for "in law". It means that the thing being discussed is specified in law as opposed to being generally adopted as a result of widespread practice. For example, a de jure standard is one that is legally required by a government or professional body. Opposite of "de facto."

Contributed by:
See: de facto

debit

A bookkeeping entry that increases an expense or asset account; or decreases an income, liability or equity account.

Contributed by: Managerwise Staff
See: asset, equity, expense, liability

debt service

Regular payments made to a creditor as required under the terms of a loan.

Contributed by: Managerwise Staff
See: creditor

decision support system
Any computer application that is designed to help decision makers (individuals or groups) to use data and information technologies in the pursuit of improving the quality of decisions. Abbreviated as DSS.
Contributed by: Managerwise Staff
See: decision support system

decision tree
A diagram that maps all possible options and outcomes under consideration. Following a branch of the tree shows the possible further options that are still available after making a choice of one of the options illustrated at a point where the tree splits into two or more branches. For example, the decision at one split may be to buy a piece of equipment or not. After choosing to make the purchase, other options along that branch may include running one, two or three shifts. If you choose not to buy the equipment, the options along the alternative branch may include whether or not to put the funds into another investment.

The branch splits may not all be choices but, rather, possible outcomes that cannot be predicted in advance. For example, at one split one branch may show the options and further outcomes of a 20% loss from an investment, another branch a breakeven on the investment, and a third a 20% profit.

A decision tree can help clarify the possible options and outcomes of a complex decision and, thus, improve the decision-making process.
Contributed by: ManagerWise Staff

default
The failure to meet any of the conditions of a contract. Those conditions can, but don't have to be financial ones. For example, failure to make a payment stipulated in a contract would be a default, but so would the failure of someone renting a piece of equipment to keep the machine in good working order when the rental contract requires that the renter do so.
Contributed by: Managerwise Staff

defined benefit plan
A pension plan in which the amount that will be paid out to the beneficiary of the plan on retirement is defined in advance and does not depend on the returns received on the plan's investments. If there are insufficient funds to pay out the defined benefit, the plan sponsor must make up the difference.
Contributed by: ManagerWise Staff
See: defined contribution plan, return on investment

defined contribution plan
A pension plan designed such that the sponsor puts contributes a set amount to the plan during each period. The amount that the beneficiary receives on retirement will depend on the how successful the plan was in generating high returns on its investments.
Contributed by: ManagerWise Staff
See: defined benefit plan, return on investment

delayering
Removing levels of management/supervision from the organization's management hierarchy.
Contributed by: ITStartPage staff
See: flat organization

delegate

Assign tasks to others.

Contributed by: Managerwise Staff

demographics
Age, gender, income and other personal statistics for groups of people living in a particular area. Demographics are generally used to fine-tune marketing efforts, but may also be of benefit in other areas such as finding an location that offers a large pool of skilled workers when deciding where to open a new facility.
Contributed by: ManagerWise Staff



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