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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 > Financial management

opportunity cost

Business administration; Financial management

In economics, this refers to the lost income, profit or time involved in forgoing an alternative course of action; that is, this is an economic cost and would not be included as ...

inflation

Business administration; Financial management

In economics, this term describes a situation in which prices are rising relatively quickly, as measured for example, by the retail price index, thus causing a fall in the real ...

insider dealing

Business administration; Financial management

Making a profit, or avoiding a loss, in financial transactions as a result of having access to confidential information not available to the general investing public.

tax evasion

Business administration; Financial management

The illegal attempt to reduce the burden of taxation on an individual or organization. Compare with tax avoidance.

tax avoidance

Business administration; Financial management

The legal attempt to reduce the burden of taxation on an individual or organization. Compare with tax evasion.

accounting period

Business administration; Financial management

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external ...

taxation

Business administration; Financial management

The levying of compulsory charges on certain items by government, as a way of raising revenue for public services, and paid by individuals and organizations. These charges may be ...