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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

cost–benefit analysis

Business administration; Business management

A technique for comparing all the costs (both tangible and intangible) of a particular course of action with the resulting benefits expected. It normally, therefore, includes ...

inflation

Business administration; Business management

In economics, this term describes a situation in which prices are rising relatively quickly, as measured for example, by the retail price index, thus causing a fall in the real ...

membership group

Business administration; Business management

In social psychology, this term is used to denote the particular group to which an individual belongs.

fmcg

Business administration; Business management

An acronym for fast-moving consumer goods.

nominal group technique

Business administration; Business management

Any method for eliciting the ideas of group members on a given topic.

case studies

Business administration; Business management

A form of training for management used extensively to develop the intellectual skills of analysis, reasoning and judgement. It is based mainly on past real-life situations. Case ...

cognition

Business administration; Business management

A general term which includes all the psychological processes by which people become aware of, and gain knowledge about, the world.