Review article

EVOLUTION OF THE TEROTECHNOLOGY CONCEPT

Stipe Vlahinić
Dijana Belak

Abstract

This paper`s objective is defining the term and concept of terotechnology, because its misunderstanding have turned out to be the essential reason for underrepresentation in theoretical discussions and practical applications. Therefore, it is necessary to introduce this concept in an acceptable way to all managers making integral part of the terotechnology system in business organizations. The inductive method has been applied to present the issue ranging from the definition of the term of terotechnology, through its development and substance of the terotechnology concept up to the interpretation of the terotechnology scope and potential domains of its application. All quoted definitions have in common the aspect of costs examined throughout the life cycle of business operation systems; however, the terotechnology concept includes also earnings produced by the activity of the business operation system, a fact that most of the terotechnology definitions disregard. The analysis extends over the terotechnology`s correlation with some related technologies, with emphasis on LCC as the most recognizable technique within terotechnology. In addition, the paper exhibits the terotechnology`s historical background from its origin to today’s development.

Keywords

terotechnology; business operation systems; maintenance; costs; , life cycle

Hrčak ID:

3947

URI

https://hrcak.srce.hr/3947

Publication date:

1.12.2005.

Article data in other languages: croatian

Visits: 4.517 *