10 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
social skills
Business administration; Business management
A set of skills in dealing with other people which determine someone’s effectiveness in a social or group setting. They include interpersonal skills development, interpersonal relations and ...
work study
Business administration; Business management
A set of techniques, including work measurement, which analyse a given area of work to see whether performance can be made more efficient and economical. It is based on the scientific management ...
social cohesion
Business administration; Business management
A similar process to that of group cohesiveness, though on a larger scale extending to an entire culture or society.
exchange economy
Business administration; Business management
A simple economy where goods and services are bartered directly rather than through the medium of cash or credit. This may take place in either a pre-cash economy or in the black or grey segments of ...
open-plan office
Business administration; Business management
A single large room divided into various workstations but with no fixed walls or barriers between them. It has been associated with a reduction in job satisfaction.
Prisoner’s Dilemma
Business administration; Business management
A situation developed out of game theory and used in social psychology in the study of bargaining behavior. In this particular game two suspects are caught by the police and questioned separately ...
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