1. principle-a basic generalization that is accepted as true and that can be used as a basis for reasoning or conduct; their principles of composition characterized all their works. rule. generalisation, generality, generalization-an idea or conclusion having general application; he spoke in broad generalities.
World Finance Â» Asset Management. Asset management is defined as the systematic process of long term maintenance of assets, with the objective of bringing out the best results from the assets. Asset Management is an important part of the financial sector throughout the world. It manages huge amounts of investments and helps clients reach a financial goal within a specific period of time. Asset management offers a wide range of investment options.
(July 2015). IT asset management (ITAM) is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.IT asset management (also called IT inventory management) is an important part of an organization's strategy.It usually involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution.T asset management generally uses automation, including the use small passive. RFID tags designed to fit all types of IT assets and smart software designed to track the RFID-tagged asset locations automatically, to manage the discovery of assets, so inventory can be compared to ownership information.