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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

budget

Business administration; Business management

(1) The financial statement of an organization’s planned income and expenditure for a given length of time. (2) The proposed income and expenditure of the British government over ...

selling

Business administration; Business management

(1) The process of exchanging goods or services for money. (2) The functions in an organization which are most concerned with this process. These now include advertising, ...

career anchors

Business administration; Business management

A concept developed by the American theorist of organizational psychology, Edgar Schein, to study the guidelines and priorities in the working life of a manager. It deals with the ...

golden handcuffs

Business administration; Business management

A financial inducement to an employee to stay, which is so favourable that he or she would find it difficult to leave the organization.

cell organization

Business administration; Business management

A form of work organization that groups together workers concerned with the various activities of one part of a manufacturing process into a ‘cell’ or unit. It is often used in ...

works council

Business administration; Business management

A forum for joint consultation between employees and employers (or their representatives) in an organization.

activity-based costing

Business administration; Business management

A method for costing products, used in accounting since the late 1980s, which links the overall cost of a product to the total cost of the various activities within a business ...