3 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
Go-slow
Business administration; Business management
A form of industrial action, short of a strike, where workers do not withdraw their labour but instead slow down the rate at which the work is done, usually by meticulously following the rule book. ...
Incremental innovation
Business administration; Business management
A form of innovation that is really part of the principle of kaizen, where the improvements made to a product are small and continuous in nature rather than spectacular stepchanges.
Democratic leadership
Business administration; Business management
A form of leadership which tries to replace the usual focus on the leader in favour of a focus on the contributions of followers. In an organisation this takes the form of democratic management.
Cautious shift
Business administration; Business management
A form of group polarisation where people make more cautious decisions under the influence of a group than they do when they are by themselves. The opposite of risky shift.
Risky shift
Business administration; Business management
A form of group polarisation where people make riskier decisions under the influence of a group than by themselves. The opposite of cautious shift.
Call centre
Business administration; Business management
A location where telephone calls to and from customers are handled. The location is often remote from – indeed sometimes on a different continent from – both the caller and the business he or she is ...
Continuous process production
Business administration; Business management
A manufacturing technique in which raw materials are fed in at one end of a process and finished products emerge at the other in one continuous uninterrupted flow – hence the alternative name flow ...
