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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

shortlist

Business administration; Business management

A list of the leading candidates for a particular job as the result of a recruitment process. People on the shortlist will be asked to attend an interview, and will perhaps be ...

rightsizing

Business administration; Business management

A little more than just another euphemism for firing people – like downsizing was in the 1980s – ever since senior management discovered, in the 1990s, that sometimes you need to ...

employee share ownership plan (ESOP)

Business administration; Business management

A loan scheme to help employees buy some or all of the shares in their company. See also employee ownership.

wildcat strike

Business administration; Business management

A local strike that does not have official trade union backing. It is usually called without warning, or at short notice.

greenfield site

Business administration; Business management

A location for a new commercial or industrial development on which there is no existing or previous development. Originally, these locations were, and sometimes still are, green ...

brownfield site

Business administration; Business management

A location for a new industrial or commercial development on the cleared site of a former development. Compare with greenfield site.

call center

Business administration; Business management

A location where telephone calls to and from customers are handled. The location is often remote from – indeed sometimes on a different continent from – both the caller and the ...