18 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
total quality management
Business administration; Business management
An approach to, and concern for, quality which pervades a business organization from top to bottom. It was originally introduced to Japan in the aftermath of the Second World War by the American ...
North American Free Trade Agreement
Business administration; Business management
A treaty, originally between Canada and the United States and extended to Mexico in 1994, which aims to set up a free trade area where tariffs and other barriers to trade between member nations may ...
outplacement
Business administration; Business management
The process of helping people to find new jobs after giving them notice of redundancy but while they are still employed.
constructive dismissal
Business administration; Business management
The legal term for a situation in which an employee leaves an organization, apparently (or technically) of her or his own free will, but where in reality she or he has been forced out by the actions ...
equity
Business administration; Business management
(1) Receiving the same pay as other people doing the same job (a crucial aspect of motivation). (2) The ordinary shares in a company.
employee share ownership plan
Business administration; Business management
A loan scheme to help employees buy some or all of the shares in their company.
behaviourism
Business administration; Business management
A school of psychology founded by an American psychologist, J.B. Watson, in 1913. Watson believed that the work of pavlov on conditioning represented the future of psychology, which should deal ...
