Management Glossary

  Terms beginning with e
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EIR

Environmental Impact Report

electronic data interchange
The exchange of information--documents, transactions, etc.--between supply chain partners (suppliers, purchasing organizations, distributors, shipping companies, etc.) using a published set of communications protocols and data formats. Commonly abbreviated as EDI.
Contributed by: Managerwise Staff

EMEA
Europe, Middle East & Africa. When creating geographically defined divisions to manage their operations, EMEA is one of the divisions that international companies commonly set up along with North America, South America (often grouped as "The Americas") and Asia/Pacific. Of course, individual companies are free to define their geographically aligned divisions in any way that best suits their requirements.
Contributed by: Managerwise Staff

employee assistance program
A defined collection of services paid for by employers to support the mental health of employees. Abbreviated as EAP. Problems that typically fall within the purview of an EAP include addictions and undue stress related to marital, job and other issues. EAP services are typically contracted from a firm that focuses on psychology and/or psychiatric services and may, but not necessarily, be dedicated exclusively to providing EAP services.
Contributed by: Managerwise Staff
See: employee assistance program

employee orientation
Contributed by: Managerwise Staff
See: induction

employee stock ownership plan
A benefit plan that allows employees to purchase stock in the company, typically at some discount to the market price and without any stock brokerage fees charged on the purchase. Often abbreviated as ESOP.
Contributed by: ManagerWise Staff

Employer Identification Number

Typically abbreviated as EIN, it is a unique identifier assigned by the U.S. Internal Revenue Service to every tax-paying entity — companies and self-employed individuals — in the United States if they have paid employees (possibly just themselves in the case of self-employed individuals). A company may have multiple EINs or a single EIN may cover multiple locations of the same company.

Contributed by: Managerwise Staff

empowerment
Giving employees more control over their work goals, tasks and environment, within the limits of their organizational responsibilities.
Contributed by: ManagerWise Staff

enterprise resource planning
The definition of enterprise resource planning (normally abbreviated as ERP) should be obvious. It is not. It should mean the planning required to make the most profitable use of resources within the enteprise. However, ERP is usually used in the context of computer software and refers to software that integrates (or tries to integrate) functions across all departments in an enterprise. The objective of ERP is to eliminate the "islands of information" that make the alternative, independent applications that serve the needs of each department, cumbersome and difficult to integrate when departments need to share information and work together.
Contributed by: ManagerWise Staff

entry barrier
Contributed by: ManagerWise Staff
See: barrier to entry

EOQ

economic order quantity

Contributed by: Managerwise Staff
See: economic order quantity

EPS
Earnings Per Share
Contributed by: ManagerWise Staff
See: earnings per share

equity

The ownership interest in a company.

Contributed by: Managerwise Staff

equity theory
A theory that postulates that people's motivation is determined by how fairly they perceive they are being treated relative to the treatment of others.
Contributed by: Managerwise Staff

ERP
Enterprise Resource Planning
Contributed by: ManagerWise Staff
See: enterprise resource planning



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