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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

buy one get one free (BOGOF)

Business administration; Business management

A term used in marketing that apparently sounds like a better deal than ‘two for the price of one’.

self-actualization

Business administration; Business management

According to the American psychologist Abraham Maslow this term describes the ongoing striving to fulfil one’s creative capacities. This is considered an important sign of ...

generalized other

Business administration; Business management

According to the American sociologist G.H. Mead, this is the concept an individual has of how other people expect her or him to behave in a given situation. Compare this with ...

arbitration

Business administration; Business management

A method of settling a dispute between two parties who have failed to agree on some matter. With the agreement of both parties to abide by the arbiter’s decision the dispute is ...

computer-based training

Business administration; Business management

A method of training in which the medium of instruction, with which the individual interacts, is the computer or computer terminal rather than a human teacher.

communication network

Business administration; Business management

A method, form or pattern of communication. The two most frequently studied types of networks are wheel-shaped and circleshaped. The wheel network facilitates quick and accurate ...

patent

Business administration; Business management

A monopoly right, awarded by law to an individual or group, granting sole right to make, use or sell an article or process they have invented. In the United Kingdom, a patent ...