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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

training

Business administration; Business management

An area of personnel management concerned with making the best use of the human resources in an organization by providing them with the appropriate instruction to acquire the ...

health and safety at work

Business administration; Business management

An area of work subject to a great deal of detailed legislation in most industrialized countries because of the importance of labor to productivity.

day release

Business administration; Business management

An arrangement whereby an employee is given time off work (usually one day a week) without loss of pay, to further his or her education or training with formal study.

need for power

Business administration; Business management

An aspect of motivation suggested by David McClelland. It is a need to influence other people and have them do things they would not otherwise do. Such people tend to be very ...

behaviorally anchored rating scale (BARS)

Business administration; Business management

An assessment instrument that often uses the critical incident technique, thereby ‘anchoring’ it in employees’ actual behavior. It may then be used to assess a given person in a ...

quick fix

Business administration; Business management

An attempt (often desperate) to deal with a complex management issue in a business organization by applying a simple-minded, fast-acting ‘solution’. Reorganization of the company ...

customer relationship management (CRM)

Business administration; Business management

An attempt by an organization to retain its customers by fostering their perception that they each have a relationship with it beyond the mere buying and selling of products.