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

head-hunting

Business administration; Business management

The process of looking systematically for talented people and offering them an incentive to move to another organization. A more general form of executive search.

general adaptation syndrome

Business administration; Business management

The body’s non-specific response to stress that consists of three stages: the alarm reaction, when the body responds with the heightened physiological reactivity of the ‘fight or flight’ response to ...

computer language

Business administration; Business management

A system of words and symbols used to instruct a computer in its task of information processing. The most popular computer language in business is cobol; in science and technology algol and fortran ...

occupational stress indicator

Business administration; Business management

A psychological test that tries to measure the degree of job satisfaction and (dissatisfaction) that an individual is experiencing. Produced in 1987 by a leading expert on stress, Cary Cooper, and ...

resale price maintenance

Business administration; Business management

The requirement of a manufacturer or supplier that certain products may not be sold by a retailer below a certain fixed price, thus removing one of the more tiresome effects of competition on profit. ...

zero-based budgeting

Business administration; Business management

The use of budgets which start from a present base of zero and regard all future expenditure as being on new items rather than a continuation of existing ones. In practice, this means that a budget ...