Business administration
Business Administration
Business Administration (pronunciation: /ˈbɪznɪs ædˌmɪnɪˈstreɪʃən/) is a broad field that encompasses management, leadership, and overall administration of businesses.
Etymology
The term "Business Administration" is derived from the English words "business" and "administration". "Business" (from Old English bisignis, meaning "care, anxiety, occupation"), and "administration" (from Latin administratio, meaning "management").
Definition
Business Administration refers to the activities associated with running a company, such as controlling, leading, monitoring, organizing, and planning. It involves the organization and coordination of business activities in order to achieve defined objectives.
Related Terms
- Management: The process of dealing with or controlling things or people.
- Leadership: The action of leading a group of people or an organization.
- Organizing: Arrange systematically; order.
- Planning: The process of making plans for something.
- Control: The power to influence or direct people's behavior or the course of events.
- Monitoring: The process of observing and checking the progress or quality of something over a period of time.
See Also
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