Business administration

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

man–machine system

Business administration; Business management

This is at the heart of ergonomics where the workplace is regarded as a system within which workers and machines are to be fully integrated.

divisional organization

Business administration; Business management

This is literally the division of an organization into sub-units. These may take the form of a functional organization (finance, marketing, production and so on) or separate ...

Taguchi technique

Business administration; Business management

This is named after the Japanese management specialist Genichi Taguchi. It is a technique used in quality control, which employs statistical methods to determine the best design ...

Paula Principle

Business administration; Business management

This is not a female version of the peter principle but the inverse of it. It states that women in an organization are held below their level of competence. As the argument behind ...

cost plus

Business administration; Business management

This is probably the most common form of pricing policy, where a company would take as the basis for its price the cost (or an estimate of the cost) of producing the product or ...