Relations between the management and the workers, especially those in unions, in industry.

An independent judicial body which deals with disputes between employers and employees.

A person who owns or runs a large industrial enterprise. They are often referred to as a Business Magnate.

Normally referring to the economy of a country, inflation is the gradual increase in the price of goods and/or services, and the consequential devaluing of the national currency. Inflation is typically up to 10%, or more unusually approaching 20% per year. Minimising inflation is normally a high priority within national fiscal policy since higher levels […]

An agent who works on behalf of a business, collecting information on, and developing profiles of, individual customers.

Communications network, notably the Internet, which provides high speed access to information in the form of sound, text, images, etc.

Also known as IT. The study and use of computers and communications systems.

Also called Death Duty in the UK. Known as Death Tax in the US. A tax imposed by the government which much be paid on the total value of the estate of a deceased person.

An official court order which demands that someone must refrain from carrying out certain actions.

The introduction of new ideas, goods, etc., or new methods of production. A new way of doing something.