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Business administration

Business management best practices including corporate strategy development, financial management, human resource management, information management, resource planning, marketing and sales.

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Business administration > Business management

cost

Business administration; Business management

A cost is the value of money that has been used up to produce something, and hence is not available for use anymore.

assessment centre

Business administration; Business management

An establishment, often set up within large organizations, that specializes in identifying ability as part of the processes of recruitment and selection and in identifying ...

rate setting

Business administration; Business management

An old-fashioned term for the process of setting piecework rates of pay for a job. The process is more often included now under the term work measurement.

career development

Business administration; Business management

The planning of a person’s future career within an organization in order to maximize his or her contribution to the organization and the fulfilment of his or her own potential. ...

recruitment

Business administration; Business management

The process of identifying possible candidates for a job vacancy. It should start, ideally, with a job analysis, after which a job specification should be drawn up. Likely ...

human resource management

Business administration; Business management

The responsibility for making the best use of an organization’s employees. One of the major functions of personnel management.

management charter initiative

Business administration; Business management

This was established in Britain in 1988 by a group of large companies to promote national standards of competencies in management development.