Business Administration Process

A Business Administration Process is a business process that manages a business enterprise.

• AKA: Business Management.
• See: Management, Business Operations, Management Decision-Making, Finance Task, Enterprise Resource Planning, Management Information Systems, Bureaucracy, MBA Degree.

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References

2020

• (Wikipedia, 2020) ⇒ https://en.wikipedia.org/wiki/business_administration Retrieved:2020-12-15.
  • Business administration (also known as business management) is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing.

2015

• (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Business_administration Retrieved:2015-7-19.
  • Business administration is the process of managing a business or non-profit organization, so that it remains stable and continues to grow.

    The administration of a business includes the performance or management of business operations and decision making as well as the efficient organization of people and other resources to direct activities toward common goals and objectives.

    In general, administration refers to the broader management function, including the associated finance, personnel and MIS services.

    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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