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

database

Business administration; Business management

A store of information, usually held in a computer, which is logically arranged for a certain use; for example, a list of people on a company’s payroll or a list of its regular customers.

colour blindness

Business administration; Business management

A total or partial inability to distinguish colours. Total colour blindness is very rare but partial colour blindness (particularly the inability to distinguish red and green from each other or from ...

human factors engineering

Business administration; Business management

Another American term for ergonomics, the applied science of equipment design, as for the workplace, intended to maximize productivity by reducing operator fatigue and discomfort.

quality circle

Business administration; Business management

A technique developed in the 1960s by American and Japanese engineers. Each circle consists of a small local group of employees trying to solve practical problems about the standard of quality of the ...

statistical process control

Business administration; Business management

The use of statistical techniques to determine the acceptable limits of variation in output on a given process, and to correct the process if the output falls outside these limits.

statistical quality control

Business administration; Business management

The use of statistical techniques to determine the acceptable limits of variation in quality in output on a given process, and to correct the process if the output falls outside these limits.