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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

recession

Business administration; Business management

A lack of growth or a decline in trading or in the economy generally, though not as seriously as in a depression.

autocratic leadership

Business administration; Business management

A leadercentred way of dealing with subordinates who are given no say in making decisions. In running an organization this becomes authoritarian management.

Leon Festinger

Business administration; Business management

A leading American contributor to social psychology, (1919–89), best known for his theory of cognitive dissonance.

business process offshoring (BPO)

Business administration; Business management

The practice by businesses to hire overseas companies to handle functions like customer care and billing services for cost savings and other reasons.

knowledge engineering

Business administration; Business management

A term sometimes used of a group of techniques, based on theories of artificial intelligence, which are concerned with the design of intelligent knowledge-based systems.

knowledge worker

Business administration; Business management

A term sometimes used of a person working in the communication of information, particularly in information management.

retirement on the job

Business administration; Business management

A term sometimes used of an employee who experiences such alienation from his job that he does the minimum possible in order to retain it while he waits for retirement. It may be ...