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Term of the Day
BusinessDictionary.com
best management practice (BMP)
Definition
Methods
or
techniques
found to be the most
effective
and
practical
means
in achieving an
objective
(such as preventing or minimizing
pollution
) while
making
the
optimum
use of the firm's
resources
.
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Nearby Terms
best current practice
best demonstrated available technology (BDAT)
best efforts
best endeavors
best in class
best interests
best management practice (BMP)
best method rule
best of breed
best of two option
best practicable environmental option (BPEO)
best practice
best rate
Popular 'Entrepreneurship, Management, & Small Business' Terms
stakeholder
management
macro environment
organizational structure
business
organization
objective
marketing concept
corporate strategy
financial management
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