A Buy-In Management Buy-Out (BIMBO) is a strategic acquisition where existing management, along with external investors, purchase a company, offering a blend of insider expertise and additional capital with more managerial control.
An approach to financial control in which managers monitor outputs achieved against a budget or desired output. Problems are only identified after they have occurred.
A Management Agreement is an administrative understanding allowing individual managers to control specified organizational activities for a particular period of time. It also exists between companies in which an intercompany agreement is developed to manage certain activities cooperatively.
