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Administration of a business
Posted by
Akiko Akatsuka
[Offline]
Title : administration of a business
Bulletin URL : CD-BL-FR-14.08.06-JPN-000.000.035.JPN-A.000.000.055
Brief Description : The administration of a business includes the performance or management of business operations and decision making as well as the efficient organization of people
Tags : Business
Language : English
Category : business-finance
Website Bulletin : http://
Date Post/Update : 06-Aug-2014
Total Views : 421
Votes : 0
Attachment : Download Website_BUSINESSINVEST.docx
image of business management
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What is Business Management?
In some analyses, management is viewed as a subset of administration, specifically associated with the technical and operational aspects of an organization, distinct from executive or strategic functions. Alternatively, administration can refer to the bureaucratic or operational performance of routine office tasks, usually internally oriented and reactive rather than proactive. Administrators, broadly speaking, engage in a common set of functions to meet the organization's goals. These "functions" of the administrator were described by Henri Fayol as "the five elements of administration". Sometimes creating output, which includes all of the processes that create the product that the business sells, is added as a sixth element.
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