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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

staff appraisal

Business administration; Business management

The assessment of how well a member of staff is doing in his or her job. It is usual to include a performance appraisal interview as part of this process.

teleconference

Business administration; Business management

A discussion or conference where participants are geographically scattered and linked by means of telecommunication, such as audioconferencing or videoconferencing.

mission statement

Business administration; Business management

(1) A brief explanation (usually no more than a couple of sentences) of what an organization exists to do, its purpose and objectives, that can act as a guide to key groups in its ...

floppy

Business administration; Business management

A small magnetic disk inserted into a computer or word processor and used for the storage of data. It is called ‘floppy’ to distinguish it from a hard disk, which is a permanent ...

human resources

Business administration; Business management

All the people who work for an organization in any capacity.

intelligent knowledge-based system

Business administration; Business management

The branch of artificial intelligence whose objective is to develop computer systems resembling various aspects of human intelligence; for example, language ability and learning ...

linear programme

Business administration; Business management

A mathematical technique used in operational research to help the decision-maker where there is a direct, straight-line relationship between two variables; for example, where the ...