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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

work group

Business administration; Business management

A group of people engaged in doing some work together who are also linked by interpersonal relations which are important to them.

association

Business administration; Business management

A group of people or organizations sharing the same interest who wish to be affiliated with each other. This affiliation may be formal or informal, highly organized or loosely ...

task force

Business administration; Business management

A group of people who are brought together for a particular task, usually involving a special project or unusual problem. The group is normally disbanded when the task has been ...

co-operative

Business administration; Business management

A group of producers or purchasers who set up a trading organization, the profit from which is shared out among the members of the group.

formal group

Business administration; Business management

A group set up by the management of an organization with a written mandate and a well-defined purpose. Usually compared with an informal group.

interpersonal skills development

Business administration; Business management

A group training method which emphasizes the skills involved in communication with other people and in listening to their replies. These skills are obviously important throughout ...

representativeness heuristic

Business administration; Business management

A heuristic in which we pick out something familiar in a new object and then equate it with one that we know; for example, buying something by judging its quality on the basis of ...