15 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
operations strategy
Business administration; Business management
A plan that attempts to put the corporate strategy of an organization into a practical format which can be acted upon.
price and incomes policy
Business administration; Business management
A policy that governments follow whether their ideology is in favour of state intervention in the market or having a laissezfaire economy. The object of the policy is to reduce inflation and ...
jargon
Business administration; Business management
A private language, spoken by a group in the conduct of its affairs, which is usually impenetrable – intentionally – to outsiders, that is, the ‘lay public’. It serves to enhance group cohesiveness ...
projective technique
Business administration; Business management
A procedure for uncovering an individual’s unconscious motivation, anxiety or conflict. Like the rorschach test, the 16PF test or the thematic apperception test, such a procedure consists of ...
joint consultation
Business administration; Business management
A procedure whereby both employees and employers in an organization (or their representatives) have a forum for discussing such common concerns as discipline, training, or the welfare function.
conditioning
Business administration; Business management
A process of learning in humans or animals, via an experimental procedure using reinforcement, where a given stimulus produces a response other than its normal, natural or automatic one. In the ...
organizational development
Business administration; Business management
A process that affects the organization as a whole as well as its individual members. It involves the application of behavioral science to the process of improving the functioning and the management ...
