MBA Vocabulary

 General Management

• Strategic Management: SWOT analysis, Porter's Five Forces, blue ocean strategy, core competencies, competitive advantage, value chain analysis, diversification
• Financial Management: Financial statements (income statement, balance sheet, cash flow statement), budgeting, financial ratios, cost of capital, NPV, IRR, working capital management, risk management
• Marketing Management: Market segmentation, targeting, positioning, marketing mix (4Ps), branding, customer relationship management (CRM), market research, product life cycle
• Operations Management: Supply chain management, inventory management, quality control, process improvement, lean manufacturing, Six Sigma, project management
• Human Resources Management: Recruitment, selection, training, performance management, compensation and benefits, employee relations, organizational culture, leadership

Quantitative & Analytical Skills

• Statistics: Descriptive statistics, inferential statistics, hypothesis testing, regression analysis
• Financial Modeling: Discounted cash flow (DCF) analysis, scenario analysis, sensitivity analysis
• Decision Analysis: Decision trees, game theory, cost-benefit analysis

Communication & Interpersonal Skills

• Negotiation: BATNA, ZOPA, integrative bargaining, distributive bargaining
• Leadership: Transformational leadership, transactional leadership, servant leadership, emotional intelligence
• Teamwork: Collaboration, conflict resolution, communication, delegation

Other Important Concepts

• Corporate Social Responsibility (CSR): Sustainability, ethics, corporate governance
• Innovation: Disruptive innovation, blue ocean strategy, design thinking
• Global Business: Globalization, international trade, cross-cultural management

Remember: This is not an exhaustive list, and the specific vocabulary used in an MBA program can vary depending on the institution and the specific courses offered.

Tips for Learning MBA Vocabulary:

• Flashcards: Create flashcards with terms and definitions to help with memorization.
• Read and Discuss: Read business articles and books, and discuss business concepts with classmates and professors.
• Practice: Use the vocabulary in class discussions, presentations, and case studies.
• Use a Business Dictionary: Refer to a business dictionary or glossary to clarify the meaning of unfamiliar terms.

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