Management, by some defintions, is "getting things done through others." Thus, business management, would be the art and science of doing business through others. The focus is on human resources and how to use them effectively. All managers, senior through junior, should have people skills.
Administration is looking after things from a senior management position. Thus business administration focuses on business processes and resources from the executive's point of view. Management finance, for example, is the executive's finance course in many MBA schools...as opposed to advanced finance courses for a potential stock broker or budding CPA.
In practice, there is little difference. Clearly, executives must know how to get things done through others; so they are business managers as well as administrators. On the flip side, junior managers have to understand what the exectives are doing to better serve their organization while exercising their people skills. So business management and business administration are exercised to a creater or lesser extent by the full gamut of executives, from senior to junior.
2006-10-16 08:06:38
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answer #1
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answered by oldprof 7
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Management characterizes the process of leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). The word "manage" comes from the Italian maneggiare, which in turn derives from the Latin manus, hand.
Administration a method of tending to (especially business) matters the persons (or committees or departments etc.) who make up a body for the purpose of administering something;
2006-10-16 08:00:28
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answer #2
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answered by dre 2
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Management suggests managing ones own or ones employers business. Administration suggests undertaking the administration of a third party business for a fee or as an appointee.
2006-10-16 07:45:22
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answer #3
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answered by Anonymous
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corporation administration : is the perspective of dealing with a company or non- income corporation so as that it remains good and keeps to strengthen. corporation administration : The activities linked with working a company, which includes controlling, optimal, monitoring, organizing, and making plans.
2016-10-16 06:34:39
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answer #4
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answered by ? 4
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managers get administrators do the job and administrators make managers rich !
2006-10-19 11:44:22
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answer #5
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answered by better late than never 2
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