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

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Business management

action research

Business administration; Business management

First proposed by Kurt Lewin in the 1930s in his work on group dynamics. The objective of this kind of research is to harness an understanding of the group behavior being studied to the attempted ...

Minnesota multiphasic personality inventory (MMPI)

Business administration; Business management

For many years this was widely considered to be the leading paper-and-pencil test of personality, though it is now somewhat out of fashion. It contains 550 statements which the subject responds to as ...

intellectual property right

Business administration; Business management

For many years, this referred to the ownership of a copyright, patent or trademark. More recently, the term has been extended to include the right to any kind of published or broadcast intellectual ...

mass media

Business administration; Business management

Forms of communication between producers and consumers that reach a large – usually nationwide – audience; that is radio, television and newsprint.

cybernetics

Business administration; Business management

From a Greek term meaning something like ‘steersman’, introduced in 1948 by Norbert Wiener, an American computer engineer. It is usually defined briefly as the study of regulatory mechanisms (like ...

laissez-faire economy

Business administration; Business management

From the French for ‘let do’. This is the term used in economics for the traditional doctrine that a government should not intervene in the workings of its country’s economy. The basis for the free ...

id

Business administration; Business management

From the Latin word for ‘it’. According to Freud the id houses the deepest unconscious drives, which are most in touch with the biological nature of the body, and is one of the three main aspects of ...