21 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
accounting period
Business administration; Business 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 information it is ...
golden parachute
Business administration; Business management
(1) An American golden handshake. (2) A relatively large sum paid to the directors of the losing company in a take-over bid should they suffer redundancy. No such provision is made for any other ...
public relations
Business administration; Business management
The systematic attempt by an organization to present itself to the best advantage, both to an external public and to its employees, by a process of persuasive communication. It is used in conjunction ...
job specification
Business administration; Business management
A much more detailed version of a job description, stating as exactly as possible what a job entails. It is usually drawn up on the basis of a job analysis.
revenue
Business administration; Business management
Revenue or turnover is income that a company receives from its normal business activities, usually from the sale of goods and services to customers.
expense
Business administration; Business management
An expense or expenditure is an outflow of money to another person or group to pay for an item or service.
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