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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

intrinsic motivation

Business administration; Business management

Doing something for its own sake, because the activity itself constitutes a reward. Always contrasted with extrinsic motivation.

extrinsic motivation

Business administration; Business management

Doing something for reasons of reward or punishment external to the activity itself; for example, staying in a boring job because you need the money to pay the mortgage. Usually ...

Karl Marx

Business administration; Business management

(1818–83) Economist and theorist of socialism who lived and worked (and died) in London and based much of his thought on his analysis of the effects of the industrial revolution ...

cyclical time

Business administration; Business management

Experiencing repeated events that occur at regular and predictable intervals; for example, in the work of a farmer or an assembly line operator. Compare with linear time.

exogenous variables

Business administration; Business management

Factors (usually of change) that occur outside an organization, and therefore beyond the direct control of management. The term may also be used with reference to a given national ...

endogenous variables

Business administration; Business management

Factors (usually of change) that occur within an organization and therefore, at least in theory, within the control of management. The term may also be used with reference to a ...

deindividuation

Business administration; Business management

Feelings of anonymity and being part of a crowd. A blurring of individual identity and a loosening of inhibitions often follows. This is the psychological basis for any kind of ...