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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

brand extension

Business administration; Business management

A way of using a well-known existing brand name to introduce a new product. The extension may be just a variation on a successful product (e.g. Heinz’ 57 varieties) or a switch ...

hard copy

Business administration; Business management

A copy on paper, often in the form of print-out, of data stored electronically in a computer or word processor.

on-the-job training

Business administration; Business management

A form of training that is given to people at their place of work, and usually during working hours. In the United Kingdom, it often involves sitting next to nellie, and in the ...

hardware

Business administration; Business management

The physical components of electronic and mechanical equipment that make up a computer; for example, the disk drives, keyboard, printer, visual display unit and so on. These ...

autonomous work groups

Business administration; Business management

A form of work organization where workers have the opportunity and the responsibility for planning and carrying out their tasks without the direct supervision of the management. ...

depersonalization

Business administration; Business management

The loss of one’s identity or self-image. In a business organization this occurs when people are treated like machines. It is often associated with the assembly line, but is more ...

unique selling point

Business administration; Business management

In marketing, this term refers to the distinctive feature of a product that gives it a competitive advantage.