10 Terms
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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
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Business management
overmanning
Business administration; Business management
A situation in which there are more people employed by an organization than are necessary for the efficient performance of its work. Compare with undermanning. See also underemployment.
conflict
Business administration; Business management
A situation in which there are mutually antagonistic interests, needs or motives involving individuals or groups. The most easily recognized indicator of conflict in a work organization is a strike ...
time sharing
Business administration; Business management
A situation in which two or more people or organizations make use of the same workplace and equipment (particularly a computer) in order to share costs and to maximize use of the resource. One common ...
occupational segregation
Business administration; Business management
A situation where certain jobs or occupations are filled by certain groups, often regardless of their being theoretically open to all. discrimination is usually by sex, religion and social ...
voluntary reduced time
Business administration; Business management
A situation where employees voluntarily agree to work fewer hours than they have been doing; for example, to save their employer expenses in a time of reduced demand. Like all such agreements the ...
manual skill
Business administration; Business management
A skill that requires physical rather than mental ability.
garbage in, garbage out
Business administration; Business management
A slogan coined by American operatives in the computer industry, but widely adopted outside it, implying that the quality of the output from a system depends upon the quality of the input to it.
