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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

blue chip

Business administration; Business management

(1) The term used to describe the ordinary shares of longestablished, large and reputable companies. Such shares are generally regarded as being a good long-term investment. (2) ...

planning, programming and budgeting system

Business administration; Business management

A widely used technique of accounting which, like zero-based budgeting, originated in the United States. It usually follows five steps: (1) set overall objectives for the ...

Minnesota Multiphasic Personality Inventory

Business administration; Business management

For many years this was widely considered to be the leading paper-and-pencil test of personality, though it is now somewhat out of fashion. It contains 550 statements which the ...

Differential Aptitude Test

Business administration; Business management

Actually a battery involving eight different tests of aptitudes, like verbal reasoning and spatial relations. The test is used to assess educational and vocational performance.

virtual reality

Business administration; Business management

Three-dimensional images created by a computer system which give the user the experience of reality. It can be used to let people ‘walk’ through an architect’s design of a ...

own brand

Business administration; Business management

The practice of a retailer putting its own name on a product as opposed to that of the producer; for example, ‘Statt’s Baked Beans’ as opposed to ‘Heinz Baked Beans’. It has been ...

robot

Business administration; Business management

A machine which can be programmed and controlled by a computer to function like a person for certain jobs. The term is based on the Czech word for compulsory labour, from a 1920 ...