20 Terms
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Business management
General business management terms encompassing inventory management, security management, financial administration, business planning, and management services for all enterprise-wide information systems.
Industry: Business administration
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Business management
cafeteria benefits
Business administration; Business management
A form of reward where employees are given some choice from a range of fringe benefits.
fringe benefit
Business administration; Business management
A reward beyond the basic pay for the job. Examples can range from subsidized meals and travel to pensions, holidays and sickness benefits.
diminishing returns
Business administration; Business management
(1) In economics, this is the point beyond which any additional input of resources will result in a less than proportionate increase in output. (2) This idea has been borrowed by psychology, where it ...
risk capital
Business administration; Business management
capital invested in an enterprise with a high risk of failure, though usually with the possibility of a large financial gain.
supply-side economics
Business administration; Business management
A form of economic policy that emphasizes the importance of supply rather than demand in the workings of the economy. It encourages measures like the removal of restrictive practices, the reduction ...
indirect taxation
Business administration; Business management
A form of taxation which is not paid directly to the government, as in direct taxation, but added to the cost of goods and services; for example, Value Added Tax or the tax on cigarettes and petrol ...
brand personality
Business administration; Business management
A way of characterizing the image of a brand by giving it personal associations as though it were an individual. Using descriptions like ‘masculine’, ‘feminine’, ‘traditional’, ‘safe’ or ‘assertive’ ...
