Business administration pdf notes

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Introduction to Business Administration Lesson 1 1. Administration Administration can be defined as the process of organizing resources efficiently to accomplish a goal. 1 Concept of Administration Provides the foundation for management in many different industries. A business manager may have a wide variety of responsibilities depending on the. Establish and carry out departmental or organizational goals, policies and procedures. Unit 1 : Introduction to Business 1. 1 Concept, Nature and Type of Business Introduction: All Human beings where ever they may be require different type of goods and services to satisfy their needs. Business is a major economic activity in all modern societies concerned with production and sale of goods and services required by the. Business Management & Administration Main Aim ( s) of the Unit: The unit introduces the student to a range of studies which are useful in understanding people in the workplace. It examines the concept of management within the global business environment and through the appraisal of business cases, a variety of approaches are considered. What are the basics of Business Administration? Business administration is all about managing workers in a nonprofit organization or a business, and effectively allocating resources through the application of the micro- economic principles. Introduction to Business Administration Lesson 2 2. The administrator The administrator is in charge of managing aspects of an organization by using its resources to accomplish common goals and objectives.

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    Business notes administration

    Business administration is the process of managing workers and allocating resources efficiently and effectively by applying microeconomic principles. The goal is to achieve stability, growth and profitability for a business. Business administration