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Traffic Management

v. i. 1. To pass goods and commodities from one person to another for an equivalent in goods or money; to buy or sell goods; to barter; to trade.
[imp. & p. p. Trafficked ; p. pr. & vb. n. Trafficking .]
2. To trade meanly or mercenarily; to bargain.
v. t. 1. To exchange in traffic; to effect by a bargain or for a consideration.
n. 1. Commerce, either by barter or by buying and selling; interchange of goods and commodities; trade.
A merchant of great traffic through the world.
- Shak.
The traffic in honors, places, and pardons.
- Macaulay.
2. Commodities of the market.
You 'll see a draggled damsel
From Billingsgate her fishy traffic bear.
- Gay.
3. The business done upon a railway, steamboat line, etc., with reference to the number of passengers or the amount of freight carried.Traffic return
a periodical statement of the receipts for goods and passengers, as on a railway line.
Traffic taker
a computer of the returns of traffic on a railway, steamboat line, etc.

Noun 1. traffic - the aggregation of things (pedestrians or vehicles) coming and going in a particular locality during a specified period of time
2. traffic - buying and selling; especially illicit trade
3. traffic - the amount of activity over a communication system during a given period of time; "heavy traffic overloaded the trunk lines"; "traffic on the internet is lightest during the night"
4. traffic - social or verbal interchange (usually followed by `with')
Synonyms: dealings
Verb 1. traffic - deal illegally; "traffic drugs"
2. traffic - trade or deal a commodity; "They trafficked with us for gold"

TRAFFIC. Commerce, trade, sale or exchange of merchandise, bills, money and the like.

To dream that you are in traffic, signifies frustrations in life and that things are not going as smoothly as you would like it to. You feel stuck at where you are in life.

This article is about Vehicular traffic. For other meanings of "Traffic" see Traffic (disambiguation).

Organized traffic Western vehicular traffic is generally organized, flowing in lanes of travel for a particular direction, with interchanges, traffic signals, and/or signage at intersectons to facilitate the orderly and timely flow of traffic. Vehicles also generally travel at the same speed on a given roadway.
Organized traffic typically reduces travel time. Though vehicles wait at some intersections, wait time at others is much shorter. Organized traffic degenerates to disorganized with an unexpected occurrence, be it road construction, an accident, or an animal obstructing the road. On particularly busy freeways, a disruption can persist until traffic thins. William Beaty observed persistent disruptions and named the phenomenon traffic waves.

Simulations of organized traffic frequently involve queuing theory and stochastic processes.

Unorganized traffic Unorganized traffic occurs in the absence of lanes and/or signals. Roads do not have lanes, though operators tend to keep to the appropriate side if the road is wide enough. Operators frequently overtake other operators, and obstructions are not uncommon.
Intersections have no signals or signage, and a particular road at a busy intersection may be dominant (that is, its traffic flows) until a break in traffic, at which time the dominance shifts to the other road where vehicles are queued. At the intersection of two perpendicular roads, a traffic jam results if four vehicles face each other side-on.

Which side? Brian Lucas answers the question, "Which side of the road do they drive on?" About 34% of the world by country population drives on the left, and 66% keeps right. By roadway miles, about 72% drive on the right.

See alsoTransport
Rules of the road
Traffic psychology
Traffic congestion

External linksWhich side of the road do they drive on?
Traffic Waves

Related Words
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n. 1. The act or art of managing; the manner of treating, directing, carrying on, or using, for a purpose; conduct; administration; guidance; control; as, the management of a family or of a farm; the management of a business enterprise; the management of state affairs.
2. Business dealing; negotiation; arrangement.
He had great managements with ecclesiastics.
- Addison.
3. Judicious use of means to accomplish an end; conduct directed by art or address; skillful treatment; cunning practice; - often in a bad sense.
Mark with what management their tribes divide
Some stick to you, and some to t'other side.
- Dryden.
4. The collective body of those who manage or direct any enterprise or interest; the board of managers.

Noun 1. management - the act of managing something; "he was given overall management of the program"; "is the direction of the economy a function of government?"
Synonyms: direction
2. management - those in charge of running a business

Dictionary of Computing
1. management - Corporate power elites distinguished primarily by their distance from actual productive work and their chronic failure to manage (see also suit). Spoken derisively, as in "*Management* decided that ...".
2. management - Mythically, a vast bureaucracy responsible for all the world's minor irritations. Hackers' satirical public notices are often signed "The Mgt"; this derives from the "Illuminatus!" novels.

"Management" (from Old French, "ménagement"="the art of conducting, directing", from Latin "manum agere"="lead by the hand") characterises the process of leading and directing all or part of an organization, often a business one, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). One can also think of management functionally: as the action in measuring a quantity on a regular basis and adjusting an initial plan and the actions taken to reach one's intended goal. This applies even in situations where planning does not take place. Situational management may precede and subsume purposive management.

Historical DevelopmentSome writers trace the development of management thought back to Sumerian traders and ancient Egyptian pyramid builders, but modern management as a discipline began as an off-shoot of economics in the 19th century. Classical economists like Adam Smith and John Stuart Mill provided a theoretical background to resource allocation, production, and pricing issues. About the same time, innovators like Eli Whitney, James Watt, and Matthew Boulton developed technical production elements such as standardization, quality control procedures, cost accounting, interchangeability of parts, and work planning. By the middle of the 19th century people like Robert Owen, H. Poor, and M Laughlin introduced the human element with theories of worker training, motivation, organizational structure and span of control.
By the late 19th century marginal economists like Alfred Marshall and Leon Walras introduced a new layer of complexity to the theoretical underpinings of management. The first tertiary-level course in management was offered in 1881 by J. Wharton. By 1900 we find managers trying to place their theories on a thoroughly scientific basis. Examples include H. Towne's Science of management, Frederick Winslow Taylor's Scientific management, Frank Bunker Gilbreth's Science of motion study, and Henry L. Gantt's charts. J. Duncan wrote the first college management text book in 1911.

The first comprehensive theories of management appeared around 1920. People like H. Fayol and A. Church described the various branches of management and their inter-relationships. In the 1920s and 1930s people like O. Tead, W. Scott and J. Mooney applied the principles of psychology to management. Also in the early 20th century people like Elton Mayo, M. Follett, C. Barnard, Max Weber, Rensis Likert, and Chris Argyris applied the principles of sociology to management.

H. Dodge, R. Fisher, and T. Fry introduced statistical techniques into management. In the 1940s, Patrick Blackett combined these statistical theories with microeconomic theory and spawned the science of operations research was born. Operations research, sometimes known as "management science", has attempted to make a science of some aspects of management.

Some of the more recent developments include the theory of constraints, reengineering, and various information technology driven theories such as agile software development. The theory of constraints approach to management boils the effort down to a repetitive cycle of three basic questions—What to change? To what to change to? How to make the change happen?

At the end of the 20th century, management was seen as consisting of the following six subcategories:

Human resource management
Operations or production management
Strategic management
Marketing management
Financial management
Information Technology management
In the 21st century we find it increasingly difficult to think in terms of these six categories. More and more processes simultaneously involve several categories. Instead, we tend to think in terms of the various processes, tasks, and objects that one can manage.

Different varieties/objects of managementChange management
Communications management
Constraint Management
Cost management
Crisis management
Customer relationship management
Earned value management
Enterprise management
Facility management
Integration management
Knowledge management
Marketing management
Pain management
Perception management
Procurement management
Program management
Project management
Process management
Product management
Quality management
Resource management
Risk management
Scope management
Skills management
Spend management
Supply chain management
Systems management
Time management
Stress management

See Also:Adhocracy
Engineering management
Management consulting
Management development
Management Technology
Middle management
Poor management
Senior management
Strategic management
Virtual management
Peter Drucker's management by objectives
Eliyahu M. Goldratt's theory of constraints

Finding related topicslist of management topics
list of marketing topics
list of human resource management topics
list of economics topics
list of finance topics
list of accounting topics
list of information technology management topics
list of production topics
list of business law topics
list of business ethics, political economy, and philosophy of business topics
list of business theorists
list of economists
list of corporate leaders
list of companies

External links
Famous Quotes on Management

Related Words
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