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  2. Strata management - Wikipedia

    en.wikipedia.org/wiki/Strata_management

    e. Strata management, sometimes known as "body corporate management", is a specialist area of property management involving the day-to-day operation and management of a property that is jointly owned and comprises multiple units, common areas and common facilities. It is derived from an Australian concept of property law called strata title ...

  3. Strata title - Wikipedia

    en.wikipedia.org/wiki/Strata_title

    The body corporate can delegate most of their duties to the committee of the owners. The body corporate can also enter into service agreements in respect of the administration of the body corporate, usually to a specialist body corporate management firm, and building maintenance, including appointing a building manager. These service agreements ...

  4. Board of directors - Wikipedia

    en.wikipedia.org/wiki/Board_of_directors

    A board of directors (commonly referred simply as the board) is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the ...

  5. Management - Wikipedia

    en.wikipedia.org/wiki/Management

    Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body through business administration, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and ...

  6. Legal person - Wikipedia

    en.wikipedia.org/wiki/Legal_person

    t. e. In law, a legal person is any person or 'thing' (less ambiguously, any legal entity) [1] [2] that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. [3] [4] [5] The reason for the term " legal person" is that some legal persons are not people: companies ...

  7. Property management - Wikipedia

    en.wikipedia.org/wiki/Property_management

    Property management is the administration of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including ...

  8. Governance, risk management, and compliance - Wikipedia

    en.wikipedia.org/wiki/Governance,_risk...

    Overview. Governance, risk management, and compliance are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. [6] Governance is the combination of processes established and executed by the directors (or the board of directors) that are reflected in the organization ...

  9. Statutory corporation - Wikipedia

    en.wikipedia.org/wiki/Statutory_corporation

    A statutory corporation is defined in the federal Department of Finance 's glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). [1] An earlier definition describes a statutory corporation as "a statutory authority ...