Business administration

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 simplification

Business administration; Business management

A process used in organization and methods or work study where a system of work is examined to see if unnecessary expenditure of energy can be removed. Compare with job ...

casualization

Business administration; Business management

A process, much used by the flexible firm, of reducing the number of permanent employees in favour of temporary staff who are only paid as and when they are required to work. An ...

product innovation

Business administration; Business management

A product whose production breaks new ground for an organization, either because of the process involved in producing it or the market it is aimed at.

user friendly

Business administration; Business management

A product, especially in the computer world, in which the needs and convenience of the potential user have been fully considered. A (rare) triumph of ergonomics, apparently. See ...

thematic apperception test (TAT)

Business administration; Business management

A projective technique developed in the late 1930s by the American psychologist Henry Murray. It consists of vague and ambiguous drawings (usually of one or two human figures), ...

framing effect

Business administration; Business management

A psychological effect based on human cognition in which we make judgements based on the cognitive framework within which a situation or proposition is put to us. Putting such a ...