20 Business Administration and Organizational Management terms
My name is Gabriel Tremblay, I'm 19 years old, and I've been in my program for 2 years. My glossary is for all the people that don't know lots of things about management and need to learn some about it. My topic is Business Administration and Organizational Management. In academic contexts, students often struggle with complex term or vocabulary. It can lead to confusion, poor decision-making, and inefficient teamwork. With my glossary there will be no more problem. This glossary has 20 terms with a definition, a translation, an image, a pronunciation, the part of speech and an example. I use an A-Z glossary about management to do mine, and I found the definition in a dictionary.
accounting
noun
Accounting is the process of tracking the income and expenses of a business or other organization.
Example: A former ACCOUNTING convention whereby the acquiring firm does not recognize the goodwill paid through the premiums.
fr: comptabilité
asset
noun
An asset is a resource with economic value owned or controlled by an individual, corporation, or government, expected to provide future benefits or be converted into cash.
Example: This implies that the accountants should be cautious in the valuation of assets.The lowest reasonable estimate of an ASSET's value should be taken.
fr: actif
Budget
noun
an estimate of income and expenditure for a set period of time.
Example: SEN2 is a new product, thus a BUDGET $4000 needs to be spent on advertising to make consumers aware of the product.
fr: Budget
calculator
noun
something used for making mathematical calculations, in particular a small electronic device with a keyboard and a visual display.
Example: Decryption of example message: Recall our example private-key is {N,d}={91,29} and our example ciphertext is 28 so the original message should be (Of course a computer can be programmed to calculate this a lot faster than in took me to do so with pencil, paper and CALCULATOR.)
fr: calculatrice
Communication
noun
the imparting or exchanging of information or news.
Example: The COMMUNICATION within the business This section explores the role of COMMUNICATION within the business, the types of COMMUNICATION and the problems with COMMUNICATION.
fr: Communication
Decision-Making
noun
Decision making is the cognitive, emotional, and rational process of evaluating multiple alternatives and selecting a specific course of action to achieve a goal or solve a problem.
Example: These provisions are thought to involve unions in extensive litigation, as most of them are 'initiated by employers and essentially concerned with failure to follow procedural detail, rather than the substantive requirements of democratic DECISION-MAKING' (McIlroy, 1999: 525).
fr: Prise de décision
Finance
noun
Finance is the study, science, and management of money, assets, and liabilities, focusing on how individuals, businesses, and governments raise, allocate, and invest resources. It involves managing financial risk to achieve future goals while balancing income, expenses, and investments. The three core areas are personal, corporate, and public finance.
Example: Assuming the early development program is successful, managers will then seek further rounds of FINANCE. Experience in developing strong connections with venture capitalists, business angels, corporate funds, and other sources of FINANCE, facilitates matching the appropriate FINANCE source with the needs of the venture.
fr: Finance
Goal Setting
noun
Goal setting is the strategic, structured process of identifying specific, measurable, and time-bound objectives, then creating actionable plans to achieve them.
Example: The techniques such as 'GOAL SETTING' and 'job enrichment' can be used jointly.
fr: Définition d'objectifs
Innovation
noun
the action or process of innovating.
Example: The operational level of ISNAR had six thematic areas: 1) policies for institutional INNOVATION for agricultural research; 2) linking research organizations and stakeholders in changing context; 3) learning for institutional INNOVATION; 4) management of new technologies for agricultural research; 5) building capacity to respond to cross-sector demands; and 6) entrepreneurial partnership to support agricultural research.
fr: Innovation
laptop
noun
a portable computer that is small and light enough to rest on the user's lap, usually having a hinged screen that closes over the keyboard when not in use.
Example: Our team identified the gap between customer's need of security of LAPTOP and lack of this kind of products.
fr: ordinateur portable
Leadership
noun
Leadership is the process of influencing, motivating, and enabling others to contribute toward the effectiveness and success of a collective goal or organization.
Example: Part of the reason it has become so important in recent decades is that LEADERSHIP can be understood as one dimension of management, which is change-oriented.
fr: Direction
Marketing
noun
Marketing is the process of identifying, anticipating, and satisfying customer needs through the creation, communication, delivery, and exchange of value.
Example: He began by re-configuring the power structure by creating a company-wide MARKETING department to break down the power of the buying departments which were established around product lines. "Salsbury wanted the MARKETING department to adopt a customer-focused approach, rather than allowing the buyers to dictate what the stores should stock."
fr: Commercialisation
Motivation
noun
Motivation is the internal or external driving force that initiates, guides, and maintains goal-oriented behaviors.
Example: Again, however, this change is absolutely necessary in order to address the problems of low MOTIVATION, absenteeism and low trust. Issues with this could include the employees' capability or wish to do an enlarged job, or the fact that some people like repetitive work and their MOTIVATION comes from outside their immediate work environment - some people do not want an enriched job.
fr: Motivation
negotiation
noun
discussion aimed at reaching an agreement.
Example: Defining the terms Before moving on, it is felt that clarification of the terms of 'consultation', 'NEGOTIATION' and 'collective bargaining', incorporated in the DTI quotation in the text title is necessary, as it will make further discussion on the features of new legal rights and their implications much more feasible.
fr: negotiation
Organizational Structure
noun
An organizational structure is the formal system defining how activities, tasks, and authority are directed, coordinated, and supervised to achieve company goals.
Example: In fact, different ORGANIZATIONAL STRUCTURE (both formal and informal), social dimensions, industries and business practices are likely to apply to different approaches and degrees of alignment (even it is misaligned) (Brown and Magill 1998, Ciborra 1998).
fr: Structure organisationnelle
Planning
noun
Planning is the systematic, forward-looking process of defining goals, establishing strategies, and outlining the specific actions, resources, and timelines required to achieve desired outcomes.
Example: Cognitive learning theories Assume that learning is a process which involves action throughout the sequence of PLANNING, execution and monitoring, emphasizing the problem-solving aspect of learning.
fr: Planification
Productivity
noun
Productivity is a measure of efficiency that calculates how much output (goods, services, or results) is produced from a specific amount of input (time, labor, or capital)
Example: Pressures for improved organizational PRODUCTIVITY, efficiency and responsiveness to customers and markets have encouraged managers to seek ways to get closer to working processes by listening to what their employees have to say. Hyman and Mason suggest that increased attention to enhanced PRODUCTIVITY 'or, more specifically, labour PRODUCTIVITY assumes mythic proportions for (...) managers' (1995:24).
fr: Productivité
project
noun
an individual or collaborative enterprise that is carefully planned to achieve a particular aim.
Example: Section 4: Planned activities and methods Please list the major activities planned within your PROJECT, along with an approximate time-scale for these activities.
fr: projet
Teamwork
noun
the combined action of a group, especially when effective and efficient.
Example: As a result, Robert Horton initiated significant change in British Petroleum's business policy, namely 'Project 1990', and promoted the corporate "values of caring, trust, openness, TEAMWORK, and cooperation".
fr: travail d'équipe
Time Management
noun
Time management is the process of planning and controlling how much time to spend on specific activities to increase efficiency, productivity, and effectiveness.
Example: But TIME MANAGEMENT, group work and extensive reading were a big challenge especially while having other assignment and coursework commitments.
