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

shortlist

Business administration; Business management

A list of the leading candidates for a particular job as the result of a recruitment process. People on the shortlist will be asked to attend an interview, and will perhaps be given some tests as ...

rightsizing

Business administration; Business management

A little more than just another euphemism for firing people – like downsizing was in the 1980s – ever since senior management discovered, in the 1990s, that sometimes you need to hire back some of ...

employee share ownership plan (ESOP)

Business administration; Business management

A loan scheme to help employees buy some or all of the shares in their company. See also employee ownership.

wildcat strike

Business administration; Business management

A local strike that does not have official trade union backing. It is usually called without warning, or at short notice.

greenfield site

Business administration; Business management

A location for a new commercial or industrial development on which there is no existing or previous development. Originally, these locations were, and sometimes still are, green fields on the ...

brownfield site

Business administration; Business management

A location for a new industrial or commercial development on the cleared site of a former development. Compare with greenfield site.

call center

Business administration; Business management

A location where telephone calls to and from customers are handled. The location is often remote from – indeed sometimes on a different continent from – both the caller and the business he or she is ...