362
Glossary of Terms
and (8) applying methodology to define and transform relations into
knowledge (Lazarsfeld 1993).
Loss: Loss is the relative, quantifiable difference in EMMI between the performance of a function at its target value and that measurement at
any other value of performance. Loss can be thought of in terms of a
generalized loss function that attributes EMMI losses to deviations
from a target performance value, and as a result of not having a target performance value (meaning that a function was not provided or
available for use and therefore had no performance value).
Management: Management is the set of processes used to deal with people
to enterprise with products and services within the context-appropriate limitations and constraints. The five processes of management
are “to plan,” “to communicate,” “to direct (or command),” “to control,” “to organize,” and “to team-build.” In total, these five processes
form the overarching management process “to manage.”
Mapping: To place in one object or process within the context of another
object or process, where the correspondence between sets of objects
or processes is repeatable, persistent, and valid by comparison with
standards, metrics, or shared representations.
Material wealth: Material wealth can be thought of as cash, investments
(e.g., stocks, bonds, and notes), and other equivalents (credit and
debit cards). Material wealth includes all that has the capacity to be
converted into cash or cash equivalents. Therefore, one’s time could
be considered material wealth. Exchanging time, exchanging information, exchanging matter, and exchanging energy for remuneration in money are examples of the fungibility of material wealth.
Broadly speaking, material wealth creates the financial capacity to
do work through money, similarly to that of energy representing the
capacity for work through mass. Material wealth has its place in both
human endeavors as well as for natural processes. Material wealth is
all that is referenced by abundance or plenitude.
Matter: Matter may not be the only substance that is comprised of energy or
mass (or its derivatives such as force and momentum), but for convenience we loosely interpret all such “things” as matter.
Measurement: Measurement is the process of quantifying properties, traits,
or attributes of a domain. A measurement model must be defined to
reach a consensus about the particular meaning of the measurement
and the relation of the measurement to other meanings. A measurement model reflects a certain perspective of the measurement (which
encompasses its meaning and relations). One must be concerned
about the (1) relationships between the measures (empirical properties) and the properties, traits, and attributes; (2) mapping of properties, traits, and attributes into a numerical relationship (the measure)
to codify the empirical relationship; and (3) meaningfulness of statements and measurements made about the properties, traits, and
Glossary of Terms
and (8) applying methodology to define and transform relations into
knowledge (Lazarsfeld 1993).
Loss: Loss is the relative, quantifiable difference in EMMI between the performance of a function at its target value and that measurement at
any other value of performance. Loss can be thought of in terms of a
generalized loss function that attributes EMMI losses to deviations
from a target performance value, and as a result of not having a target performance value (meaning that a function was not provided or
available for use and therefore had no performance value).
Management: Management is the set of processes used to deal with people
to enterprise with products and services within the context-appropriate limitations and constraints. The five processes of management
are “to plan,” “to communicate,” “to direct (or command),” “to control,” “to organize,” and “to team-build.” In total, these five processes
form the overarching management process “to manage.”
Mapping: To place in one object or process within the context of another
object or process, where the correspondence between sets of objects
or processes is repeatable, persistent, and valid by comparison with
standards, metrics, or shared representations.
Material wealth: Material wealth can be thought of as cash, investments
(e.g., stocks, bonds, and notes), and other equivalents (credit and
debit cards). Material wealth includes all that has the capacity to be
converted into cash or cash equivalents. Therefore, one’s time could
be considered material wealth. Exchanging time, exchanging information, exchanging matter, and exchanging energy for remuneration in money are examples of the fungibility of material wealth.
Broadly speaking, material wealth creates the financial capacity to
do work through money, similarly to that of energy representing the
capacity for work through mass. Material wealth has its place in both
human endeavors as well as for natural processes. Material wealth is
all that is referenced by abundance or plenitude.
Matter: Matter may not be the only substance that is comprised of energy or
mass (or its derivatives such as force and momentum), but for convenience we loosely interpret all such “things” as matter.
Measurement: Measurement is the process of quantifying properties, traits,
or attributes of a domain. A measurement model must be defined to
reach a consensus about the particular meaning of the measurement
and the relation of the measurement to other meanings. A measurement model reflects a certain perspective of the measurement (which
encompasses its meaning and relations). One must be concerned
about the (1) relationships between the measures (empirical properties) and the properties, traits, and attributes; (2) mapping of properties, traits, and attributes into a numerical relationship (the measure)
to codify the empirical relationship; and (3) meaningfulness of statements and measurements made about the properties, traits, and