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

Add a new term

Contributors in Business management

Become a Contributors

Business management

bar code

Business administration; Business management

A computer code which appears as a series of parallel lines and spaces marked on retail products. This code is then read by a laser scanner at the electronic point of sale and converted into ...

need for achievement

Business administration; Business management

A concept associated particularly with the American psychologist David McClelland. It is the strongly felt motivation to achieve, to accomplish ambitions and to be successful that is commonly found ...

post-industrial society

Business administration; Business management

A concept associated with the American sociologist Daniel Bell, in which the service sector could become an alternative basis to manufacturing industry for the creation of wealth in society, ...

monochronic culture

Business administration; Business management

A concept developed by the American anthropologist Edward Hall. It refers to a culture in which time is divided up sequentially into segments and where the social norm is to do one thing at a time. ...

polychronic culture

Business administration; Business management

A concept developed by the American anthropologist Edward Hall. It refers to a culture in which time is organized ‘horizontally’ along parallel tracks, rather than sequentially, so that people may do ...

Levitt’s total product concept

Business administration; Business management

A concept introduced to marketing by the American writer Theodore Levitt. It deals with the psychological gap that may exist between the producer’s view of a particular product and that of the ...

behavioral theory of the firm

Business administration; Business management

A concept proposed in the early 1960s by two American psychologists, Richard Cyert and James March, which argues that a business organization consists of a coalition of different interest groups with ...