1 Terms
Home > Industry/Domain > Business administration > Business management
Business management
General business management terms encompassing inventory management, security management, financial administration, business planning, and management services for all enterprise-wide information systems.
Industry: Business administration
Add a new termContributors in Business management
Business management
role conflict
Business administration; Business management
A situation in which an individual is expected to play two or more roles which are in conflict or in competition with each other.
role ambiguity
Business administration; Business management
A situation in which an individual is unclear about the role expected of her or him.
distributive justice
Business administration; Business management
A situation in which everyone receives her or his just reward. Even though this situation frequently does not occur in real life, it has been suggested in psychology that people need to operate on ...
monopsony
Business administration; Business management
A situation in which one buyer can control, or greatly influence, the price of a product through being the only buyer, or the most powerful buyer, in a particular market. A country’s Ministry of ...
role reversal
Business administration; Business management
A situation in which people agree to switch their usual role relationships; for example, army officers serving Christmas dinner to the troops.
sensory deprivation
Business administration; Business management
A situation in which people are deprived of the usual stimulation their senses encounter in daily life. Apparently when people are isolated from sensory stimulation, as far as possible, in a ...
underemployment
Business administration; Business management
A situation in which people do not have enough work to do or are not having their skills fully utilized. See also overmanning.
