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

Hawthorne studies

Business administration; Business management

A series of investigations carried out at the Hawthorne plant of the Western Electric Company in Illinois between 1927 and 1932, under the direction of Elton Mayo, which marked a turning point in the ...

Adam Smith

Business administration; Business management

A Scottish economist and philosopher (1723–90) who based his doctrines of the free market on a rational-economic view of human nature. He argued that, as individual selfinterest was the driving force ...

Family life cycle

Business administration; Business management

A series of stages used in marketing to categorise the different situations an individual consumer may go through in the course of a lifetime. The most commonly used such series is as follows. * ...

Type B personality

Business administration; Business management

A set of personality characteristics that are the opposite of type A personality and therefore considered to be much less susceptible to heart disease. These characteristics include being casual ...

Type A personality

Business administration; Business management

A set of personality characteristics that have been linked with a particular susceptibility to heart disease. These characteristics include being impatient, always rushing, trying to do too many ...

Humanistic psychology

Business administration; Business management

A school of psychology which emphasises the positive qualities that differentiate human beings most from other animals, particularly creativity, play and psychological growth in general. Likert, ...

Code of practise

Business administration; Business management

A set of guidelines outlining expected standards of behaviour by people working in an industry or a profession. Such a code is not legally binding and may, indeed, be adopted to forestall ...