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BUSINESS MANAGEMENT
Posted by Chester Morton / Sunday, 23 April 2017 / No comments
The meaning of managemnent and administration
MEANING OF
MANAGEMENT AND ADMINISTRATION
Introduction
Introduction
Differentiating between management
can be difficult and sometimes confusing. This is because even though
management and administration seem similar, they bear very striking
differences. While Administration describes a process of
administering an organization. Management on the other hand is
the act of making sure work is carried out through others. The main difference
between is management and administration is that management is answerable to
the administration.
Definition of Management
Management may be defined as the act
of managing people and the work they do in the organization with the aim of
achieving the organization’s goal by making use of the resources at the
disposal of the organization. Management creates the environment in which
both the manger and workers under him work together to achieve corporate
objective. Managers are therefore use their skill in performing the function of
planning, organizing, leading, motivating, controlling, and coordinating to
achieve results within the organization.
Definition
of Administration
The administration is a systematic
process of administering the management of an organization, an educational
institution like school or college, government office or any nonprofit
organization. The main function of administration is the formation of plans,
policies, and procedures, setting up of goals and objectives, enforcing rules
and regulations, etc.
Administration lays down the
fundamental framework of an organization, within which the management of the
organization functions.
The nature of administration is
bureaucratic. It is a broader term as it involves forecasting, planning,
organizing and decision-making functions at the highest level of the
enterprise. Administration represents the top layer of the management hierarchy
of the organization.
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BUSINESS MANAGEMENT
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