20 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
aptitude test
Business administration; Business management
A technique that tries to predict a person’s capacity for acquiring a certain skill or ability. See also psychometrics.
Blau typology
Business administration; Business management
A technique used by the American sociologist Peter Blau which classified formal organizations according to the criterion ‘who benefits?’ Four classes of organization are thereby distinguished: (1) ...
Johari Window
Business administration; Business management
A technique used in counselling to help people give and receive feedback about the effects of their behavior. The ‘window’ is actually a 2 × 2 table. The whole window is meant to represent the whole ...
scenario writing
Business administration; Business management
A technique used in forecasting, where expert predictions about the environment in which an organization operates are used as the basis for exploring several alternative scenarios for its future ...
managerial grid
Business administration; Business management
A technique used in management development that was devised by two American specialists in organizational psychology, Robert Blake and Jane Mouton, building on previous contributions to the study of ...
blind test
Business administration; Business management
A technique used in market research for obtaining the opinions of consumers on a product where all of the product’s identifying marks are removed. Several products are sometimes compared at the same ...
executive washroom
Business administration; Business management
An American term for the lavatory used exclusively by senior management. The term is used metaphorically to distinguish the people with high status in an organization from the rest. Having the key to ...
