9 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
curvilinear relationship
Business administration; Business management
A relationship between two variables depicted graphically by a curve rather than a straight line.
captive product
Business administration; Business management
A relatively insignificant product that must be purchased regularly to service a more important product. For example, ink cartridges for a printer or top-up cards for a mobile phone.
golden hello
Business administration; Business management
A relatively large payment made to an individual as an inducement to leave one organization and come to another.
golden handshake
Business administration; Business management
A relatively large sum of money given in the form of severance pay for a departure that is usually ahead of normal retirement or comes at the end of a contract.
worker-director
Business administration; Business management
A representative of the workforce on the board of directors of an organization. This is sometimes considered the ultimate in industrial democracy. It is extremely rare.
followership
Business administration; Business management
A research focus that began in the 1980s on why people follow leaders as an attempt to overcome dissatisfaction with existing theories of leadership that concentrated largely on leaders and their ...
participant observation
Business administration; Business management
A research technique in social science where an observer becomes an accepted member of the group he or she wishes to study.