Glossary
Business management glossary
Plain-language definitions for strategy, finance, and operations terms.
Glossary
Business management
4 terms
Finance & budgeting
1 terms
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Leadership sets targets at the corporate level and cascades budgets to teams. Top-down budgeting ensures alignment with strategic priorities but may miss ground-level insights that only departmental managers can provide.
HR & People
1 terms
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The strategic approach to identifying, attracting, and hiring skilled workers to meet organizational needs. Unlike reactive recruiting, talent acquisition builds long-term pipelines and employer branding to fill current and future roles.
HR tech
1 terms
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Tooling to capture hours worked, shifts, and absences for payroll and compliance. Accurate time tracking prevents wage disputes, ensures labor law compliance, and provides data for workforce planning and cost analysis.
