Situation: Tom was just promoted to a managerial position, and he is concerned about the fact that he has never managed people before. Lucy is trying to reassure Tom that he will be doing fine in the new position. Tom: I have really good news today. Oh! I am so happy.Lucy: What is your good […]
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GLOSSARY BUSINESS ADMINISTRATION – Words and its meanings used in Business
Words start with a letter A A1 : Top quality rating applicable to various business situations,e.g., credit worthiness and More general reference to qualify and fitness for purpose. Abandoned property : Property which has been abandoned by the owners. Abandonment : The voluntary relinquishment of a right by express worlds or by action. This term […]
Business Environment – BBA Subject -College study guide
Meaning : Business environment is the set of external factors such as the economic factors. Social-cultural factors demographic factors which are uncomfortable natural and affect on company decision of a firm on company the environment of the business is always changing and uncertain. Definition : According to Gerald Bell” an organisation external environment consist of […]


