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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
industrial dispute
Business administration; Business management
A conflict between management and workers or between their representatives, usually about pay or conditions of employment.
Vroom–Yetton model
Business administration; Business management
A contingency theory of leadership that uses a decision tree to identify the most appropriate leadership style for a given situation. It was developed by two American industrial psychologists, Victor ...
Etzioni Model
Business administration; Business management
A contribution to organizational theory by the American sociologist Arnitai Etzioni, who classified organizations in terms of the kind of power or authority they used. The typology includes coercive ...
welfare state
Business administration; Business management
A country whose government accepts that it has the primary responsibility for at least the basic welfare of its citizens; their education, health, employment and retirement in particular.
organizational convenience
Business administration; Business management
A course of action that meets the (usually financial) interests of the organization as a whole (i.e. senior management) rather than the interests of staff or customers; for example, moving to a ...
operational definition (OD)
Business administration; Business management
A definition of something which is based on the operation of the factors which produced it; for example, inflation is defined by the movement of prices and the real value of money. The term is also ...
blackleg
Business administration; Business management
A derogatory term (origin unknown) used to describe someone who does not support the industrial action of his or her fellow workers and, for example, continues to work during a strike or replaces a ...