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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

charisma

Business administration; Business management

An elusive quality of personality, often described as ‘personal magnetism’ (whatever that may be), which is widely considered to be an important element in leadership, especially ...

company union

Business administration; Business management

An employer’s version of a trade union within a single organization. It does not have the independent status or power to represent the employees in any industrial relations ...

bug

Business administration; Business management

An error or fault in the software which causes a computer program to malfunction.

assessment center

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 ...

mental set

Business administration; Business management

An expectation of, or readiness for, a particular experience.

sunk cost

Business administration; Business management

An expenditure, usually on capital equipment, which can not be recovered if the project it is intended for is cancelled, but which can be listed as an asset of the organization. ...

hypothesis

Business administration; Business management

An explanation which has been put forward to account for observed data, but which has still to be tested.