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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

accounting period

Business administration; Business management

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external ...

golden parachute

Business administration; Business management

(1) An American golden handshake. (2) A relatively large sum paid to the directors of the losing company in a take-over bid should they suffer redundancy. No such provision is ...

public relations

Business administration; Business management

The systematic attempt by an organization to present itself to the best advantage, both to an external public and to its employees, by a process of persuasive communication. It is ...

job specification

Business administration; Business management

A much more detailed version of a job description, stating as exactly as possible what a job entails. It is usually drawn up on the basis of a job analysis.

revenue

Business administration; Business management

Revenue or turnover is income that a company receives from its normal business activities, usually from the sale of goods and services to customers.

expense

Business administration; Business management

An expense or expenditure is an outflow of money to another person or group to pay for an item or service.