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 term

Contributors in Business management

Become a Contributors

Business management

self-censorship

Business administration; Business management

A situation in which people do not say what they really think in a group discussion, for the sake of group cohesiveness. This is one of the factors contributing to groupthink.

synergy

Business administration; Business management

A situation in which the co-operation of two or more individuals, groups or organizations produces a combined effect which is greater than could have been produced by the sum of the separate ...

industrial democracy

Business administration; Business management

A situation in which the management in an organization or an industry shares power with the workers or their representatives in making decisions about their work and about the organization in ...

management buyout

Business administration; Business management

A situation in which the managers of a business organization make a bid to own it, in whole or in part, by buying out the original shareholders and then operating as a separate enterprise on their ...

employee ownership

Business administration; Business management

A situation in which the people who work for an organization own some, or even all, of its shares. Figures vary from country to country, but most employees own no shares at all in the organization ...

information overload

Business administration; Business management

A situation in which the sheer amount of information in an information system is simply too great to be coped with by the information management available.

undermanning

Business administration; Business management

A situation in which there are fewer people employed by an organization than are necessary for the efficient performance of its work. Compare with overmanning.