Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is business administration also known as?
What is business administration also known as?
- Marketing management
- Business management (correct)
- Human resource management
- Financial management
Which of the following is covered under business administration?
Which of the following is covered under business administration?
- Public relations
- Healthcare management
- Hospitality management
- Accounting and finance (correct)
What does the administration of a business include?
What does the administration of a business include?
- Supply chain management
- Decision-making and organization of resources (correct)
- Product development only
- Customer service management
What does 'administration' refer to in the broader management function?
What does 'administration' refer to in the broader management function?
Signup and view all the answers
Which of the following is part of business administration?
Which of the following is part of business administration?
Signup and view all the answers
Flashcards are hidden until you start studying
Study Notes
Business Administration Overview
- Business administration is also known as business management or management science.
Scope of Business Administration
- Business administration covers financing, accounting, human resources, marketing, and operations management.
- It includes the administration of a business, which encompasses planning, organizing, leading, and controlling business activities.
Administration in Broader Management Function
- In the broader management function, 'administration' refers to the process of allocating resources, managing budgets, and overseeing the implementation of strategies.
Components of Business Administration
- Business administration involves managing and overseeing the overall business operations, including finance, accounting, human resources, marketing, and operations management.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
