Glossary

Business management glossary

Plain-language definitions for strategy, finance, and operations terms.

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Glossary

Business management

6 terms
HR tech 4 terms
  • Performance management system
    Tools for setting goals, running reviews, calibrating ratings, and linking performance to rewards.
  • Payroll automation
    Software-driven calculation and disbursement of wages, taxes, and deductions with minimal manual intervention.
  • People analytics
    Data analysis of workforce metrics to improve hiring, retention, productivity, and equity.
  • Pulse survey
    Short, recurring survey to monitor employee sentiment and engagement trends.
P 2 terms
  • Procurement
    The process of sourcing, negotiating, and purchasing goods or services for the business.
  • Project charter
    A short document that authorizes a project, defining objectives, scope, stakeholders, and authority.
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