Definition: a Boundary System is a management system made out of rules and procedures, used to define the limits of freedom within the organization, such as: codes of conduct, predefined strategic planning methods, asset acquisition regulations, operational guidelines. |
More on corporate governance: 3P Framework, Agency Problem, Belief System, Board of Directors, CEO Duality, more on corporate governance... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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