business management

Running a company

Business management is the coordination and administration of a company's activities—planning, organizing, directing, and controlling resources to achieve organizational goals.

It encompasses decision-making across departments: finance, operations, marketing, human resources.

Someone with a degree in business management has studied these disciplines formally.

She's been in business management for twenty years.

Related

recruitment · vision · delegation · corporate ladder · strategy · big picture · cost analysis · conflict resolution · open door policy · capital allocation · risk assessment · leadership · productivity · process improvement · action items · objectives · bottom line · training

Opposites
organizational role hierarchy

business managementlabor

Strenuous effort; also childbirth

workers · rank-and-file · workforce · rank and file · employees

stakeholder function

business managementownership

Legal right of possession

capital · shareholders · proprietorship · investors · stockholders

organizational approach

business managementworker cooperatives

Collectively owned democratic businesses

anarchy · collective ownership · self-organization · flat hierarchy · laissez-faire

Family

business, manager, management, managed, managing, businessman, manageable, manages, businesslike

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G