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

chief executive officer

Business administration; Business management

The most senior executive officer of an organization; for example, the permanent secretary of a British government department or the managing director of a company.

accountability

Business administration; Business management

(1) Being answerable to others for some actions, for example, to a supervisor for completing a task or to a board of directors for company performance. (2) Having responsibility ...

branding

Business administration; Business management

The use of a brand to describe a product, service or organization. At its most successful it becomes a generic term for its whole field; for example, the use of ‘Xerox’ for ...

idiographic

Business administration; Business management

An approach to the study of human behaviour that emphasizes the uniqueness of the individual rather than general laws or principles.

value for money

Business administration; Business management

A term used, particularly in the public sector, to denote the benefit derived from a particular expenditure for a particular purpose.

random access memory

Business administration; Business management

The immediately available short-term part of a computer’s memory. Any data stored in this part is lost when the computer is switched off, unless it has been transferred to some ...