11 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
programed learning
Business administration; Business management
A form of learning involving a system of self instruction, based on conditioning, where a task to be mastered is broken down into small steps. The subject is given feedback about his or her mastery ...
impersonality
Business administration; Business management
A form of management that is mechanical in its approach and lacks the personal involvement of a human relations emphasis.
management by exception
Business administration; Business management
A form of managerial control that requires subordinates to inform supervisors only when something happens which is sufficiently exceptional to require their attention.
demographic segmentation
Business administration; Business management
A form of market segmentation that deals with the ways of categorizing statistically all the inhabitants in a national population. The most important forms of segmentation for marketers are usually ...
psychological segmentation
Business administration; Business management
A form of market segmentation that tries to analyse the way in which the consumption of particular products relates to the rest of the consumer’s life. It adopts the viewpoint of psychology in its ...
geographic segmentation
Business administration; Business management
A form of market segmentation where the market is segmented by location on the assumption that consumers living in a particular location will have similar needs, wants and preferences, and that these ...
benefit segmentation
Business administration; Business management
A form of market segmentation which is based on a knowledge of the benefits that consumers seek from a particular product. To use it a marketer needs to include the appropriate characteristics – or ...
