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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
path–goal theory
Business administration; Business management
A type of contingency theory of leadership which is based on the expectancy theory of motivation. It concentrates on maximizing the performance of subordinates in a given situation, with the leader ...
blacking
Business administration; Business management
A type of industrial action adopted by employees of an organization in support of employees in another organization who have an industrial dispute with their employers. It involves a refusal to ...
authoritarian management
Business administration; Business management
A type of management which emphasizes the discipline and control of people and sees little value in consulting them about the job. It is what you would expect from an authoritarian personality. It is ...
democratic management
Business administration; Business management
A type of management which emphasizes the importance of consulting people about the work of the organization and involving staff at all levels in the process of making decisions. Usually contrasted ...
batch production
Business administration; Business management
A type of production different from mass production or continuous process production in that it is used where identical items are to be manufactured and processed in groups, or batches, rather than ...
market niche
Business administration; Business management
A unique place or gap in the market for a given product. See also unique selling point.
panacea
Business administration; Business management
A universal remedy for all problems in an organization. Ideally, it should be cheap, painless and change nothing important, which is why reorganization is such a great favourite.
