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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
corporatism
Business administration; Business management
Historically, this refers to the replacement of owners by professional managers in the running of companies. But the term is also widely used to describe collective action by ...
Maier’s Law
Business administration; Business management
If the data do not fit the theory, the data must be disposed of. In other words, if the facts do not fit your preconceived notion then it’s the facts that must be wrong. This was ...
Chinese walls
Business administration; Business management
Imaginary barriers to communication which are set up voluntarily between two departments or sets of activities within the same company. The point of the exercise is to protect ...
sacred cow
Business administration; Business management
In a business organization, this usually refers to a project that may not be closed down, no matter how inefficient or costly it is, for reasons that are not rational. The ...
Peter Principle
Business administration; Business management
In a hierarchy, every employee tends to rise to her or his level of incompetence – and stick there. Laurence Peter, the Canadian educational psychologist, introduced this concept ...
depreciation
Business administration; Business management
In accounting, this is a financial measure of the reduction in value of fixed capital assets over time; for example, the wear and tear of equipment.
Sub-categories
- Business management (5706)
- Entrepreneurship (126)
- Financial management (147)
- Human resources (6265)
- Inventory management (48)