Category: Dictionary

Definition: [ɪmˈplɔɪmənt rɪˈleɪʃnʃɪp] is bonds based on an agreement between an employee and an employer about personal fulfillment of certain labor function for payment. It provides for the laborer’s subordination to the rules of the internal labor schedule, within working conditions stipulated by law, a collective treaty, or an employment contract. The labor ties as…

marketing (noun, mar-ket-ing, ˈmɑːrkɪtɪŋ ) research (noun, re-search, rɪˈsɜːrtʃ ) Definition: includes scientific research methods used to improve an organization’s marketing decision-making process. These methods usually include a) market research: establishing a specific market for a service or a product and estimating its size and any other crucial aspects, b) product research: determining a customer’s…

Definition: [drɪp ˈmɑrkətɪŋ] is the process of building relationships with the “cold” leads (potential customers who have not yet decided to purchase). The challenge is to attract leads to purchase by building trust in the company by demonstrating the competence and experience of the company from the moment of the first contact with the potential…

Definition: [trəˈdɪʃənəl ˈmɑrkətɪŋ] is a combination of tools for the company’s presentation in a particular market sector. This concept is based on the following provisions: 1. The firm sees its task in meeting the needs of a certain group of consumers; 2. The company realizes that the satisfaction of these needs requires the carrying out…

management (noun, man-age-ment, ˈmænɪdʒmənt ) by objectives (noun, ob-jec-tive, əbˈdʒektɪvz ) Definition: is a type of management approach that relies on the management’s and employees’ discussion and approval of company objectives so that both parties have a clear understanding of how the organization plans to operate in the future. Such a system helps set the…

Management inventory   management (noun, man-age-ment, ˈmænɪdʒmənt ) inventory (noun, in-ven-to-ry, ˈɪnvəntɔːri ) Definition: is an organized and easy-to-understand directory that contains the list of all members of a company’s management team, as well as a detailed description of all the capabilities that each individual possesses. A management inventory is created on the basis of…

general (adjective, gen-er-al, ˈdʒenrəl ) partnership (noun, part-ner-ship, ˈpɑːrtnərʃɪp ) Definition: is an unincorporated company co-owned by two or more individuals that hold the official titles of general partners. Inside a general partnership, it’s the duty of all co-owners to actively participate in the company’s management, as they are jointly liable for all organization’s obligations,…

Definition: The mentioned category implies a coordinated regulation procedure aimed at improving the company’s efficiency as a whole. A professional in the indicated field should be oriented in organizational nuances and have managerial habits. The firm must be perceived as a living organism, where each laborer takes own place. You are directly responsible for maintaining…

Definition: [ˌɑntrəprəˈnɜriəl ˈmɑrkətɪŋ] is a set of methods for promoting small or medium-sized companies through the introduction of innovations and communication activities. In order for the “entrepreneurial marketing” model to function effectively, it is desirable to observe three basic principles for its implementation. The search for good marketing ideas is the task of all employees…

Definition: [ˈsɪvlˌlɪtɪˈɡeɪʃn] is a dispute arising from relations between a physical and (or) a legal person, which are regulated by civil law. As a rule, such controversies are valued and come from property relations. They are related with paid exchanges of goods and services of various kinds, use and creation of intellectual property, etc. Given…