top down

Definition 1

Communications: Approach in which employees are given extensive information (including confidential data) on the prospects of their actions and then provided with feedback on their performance.

Definition 2

Decision making: Approach in which the desired results or objectives of a decided upon first and then methods to achieve them are selected.

Definition 3

Investing: Approach in which the economic trends are examined first to select the firms or industries that are expected to benefit from those trends.

Definition 4

Management: Approach in which the board decides what results are to be achieved and how, and passes the plan down the hierarchy or management levels.

Definition 5

Thinking: Conceptually based (cognitive) processing of sensory data that enables a person to understand his or her world through ordering and interpretation of sense impressions.