Business administration - Wikipedia

Business administration (also known as business management) is the administration of a commercial enterprise. ... It includes all aspects of overseeing and ... Businessadministration FromWikipedia,thefreeencyclopedia Jumptonavigation Jumptosearch Administrationofacommercialenterprise Thisarticleneedsadditionalcitationsforverification.Pleasehelpimprovethisarticlebyaddingcitationstoreliablesources.Unsourcedmaterialmaybechallengedandremoved.Findsources: "Businessadministration" – news ·newspapers ·books ·scholar ·JSTOR(November2019)(Learnhowandwhentoremovethistemplatemessage) Businessadministration Managementofabusiness Accounting Managementaccounting Financialaccounting Audit Businessentities Corporategroup Conglomerate(company) Holdingcompany Cooperative Corporation Joint-stockcompany Limitedliabilitycompany Partnership Privatelyheldcompany Soleproprietorship State-ownedenterprise Corporategovernance Annualgeneralmeeting Boardofdirectors Supervisoryboard Advisoryboard Auditcommittee Corporatelaw Commerciallaw Constitutionaldocuments Contract Corporatecrime Corporateliability Insolvencylaw Internationaltradelaw Mergersandacquisitions Corporatetitle Chairman Chiefbusinessofficer/Chiefbrandofficer Chiefexecutiveofficer/Chiefoperatingofficer Chieffinancialofficer Chiefhumanresourcesofficer Chiefinformationofficer/Chiefmarketingofficer Chiefproductofficer/Chieftechnologyofficer Economics Commodity Publiceconomics Laboureconomics Developmenteconomics Internationaleconomics Mixedeconomy Plannedeconomy Econometrics Environmentaleconomics Openeconomy Marketeconomy Knowledgeeconomy Microeconomics Macroeconomics Economicdevelopment Economicstatistics Finance Financialstatement Insurance Factoring Cashconversioncycle Insiderdealing Capitalbudgeting Commercialbank Derivative Financialstatementanalysis Financialrisk Publicfinance Corporatefinance Managerialfinance Internationalfinance Liquidation Stockmarket Financialmarket Tax Financialinstitution Workingcapital Venturecapital Typesofmanagement Asset Brand Businessintelligence Businessdevelopment Capacity Change innovation Commercial Marketing Communications Configuration Conflict Content Customerrelationship Distributed Earnedvalue Electronicbusiness Enterpriseresourceplanning  managementinformationsystem Financial Humanresource  development Incident Knowledge Legal Materials Network administrator Office Operations  services Performance Power Problem Process Productlife-cycle Product Project Quality Records Resource Risk  crisis Sales Security Service Strategic Supplychain Systems administrator Talent Technology Organization Architecture Behavior Communication Culture Conflict Development Engineering Hierarchy Patterns Space Structure List Businessanalysis Businessethics Businessplan Businessjudgmentrule Consumerbehaviour Businessoperations Internationalbusiness Businessmodel Internationaltrade Businessprocess Businessstatistics  BusinessandeconomicsportalvteBusinessadministration(alsoknownasbusinessmanagement)istheadministrationofacommercialenterprise.[1]Itincludesallaspectsofoverseeingandsupervisingthebusinessoperationsofanorganization.Fromthepointofviewofmanagementandleadership,italsocoversfieldsthatincludeofficebuildingadministration,accounting,finance,designing,development,qualityassurance,dataanalysis,sales,projectmanagement,information-technologymanagement,researchanddevelopment,andmarketing. Contents 1Overview 2Academicdegrees 2.1BachelorofBusinessAdministration 2.2MasterofBusinessAdministration 2.3DoctorofBusinessAdministration 2.4PhDinManagement 2.5DoctorofManagement 3Seealso 4References Overview[edit] Theadministrationofabusinessincludestheperformanceormanagementofbusinessoperationsanddecision-making,aswellastheefficientorganizationofpeopleandotherresourcestodirectactivitiestowardscommongoalsandobjectives.Ingeneral,"administration"referstothebroadermanagementfunction,includingtheassociatedfinance,personnelandMISservices. Administrationcanrefertothebureaucraticoroperationalperformanceofroutineofficetasks,[2]usuallyinternallyorientedandreactiveratherthanproactive.Administrators,broadlyspeaking,engageinacommonsetoffunctionstomeetanorganization'sgoals.HenriFayol(1841-1925)describedthese"functions"oftheadministratoras"thefiveelementsofadministration".[3]AccordingtoFayol,thefivefunctionsofmanagementareplanning,organizing,commanding,coordinating,andcontrolling.[4] Academicdegrees[edit] BachelorofBusinessAdministration[edit] Mainarticles:BachelorofBusinessAdministrationandBachelorofCommerce TheBachelorofBusinessAdministration(BBA,B.B.A.,BSBA,B.S.B.A.,BS,B.S.,orB.Sc.)orBachelorofCommerce(Bcom.orBComm)isabachelor'sdegreeincommerceandbusinessadministration.ThedurationofthedegreeisfouryearsintheUnitedStatesandthreeyearsinEurope.Thedegreeisdesignedtogiveabroadknowledgeofthefunctionalaspectsofacompanyandtheirinterconnection,whilealsoallowingforspecializationinaparticulararea.Thedegreealsodevelopsthestudent'spractical,managerialandcommunicationskills,andbusinessdecision-makingcapabilitytosucceedinthecompetitiveworld.Manyprogramsincorporatetrainingandpracticalexperience,intheformofcaseprojects,presentations,internships,industrialvisits,andinteractionwithexpertsfromindustry. MasterofBusinessAdministration[edit] Mainarticle:MasterofBusinessAdministration TheMasterofBusinessAdministration(MBAorM.B.A.)isamaster'sdegreeinbusinessadministrationwithasignificantfocusonmanagement.TheMBAdegreeoriginatedintheUnitedStatesintheearly-20thcentury,whenthenationindustrializedandcompaniessoughtscientificapproachestomanagement.ThecorecoursesinanMBAprogramcovervariousareasofbusinesssuchasaccounting,finance,marketing,humanresources,andoperationsinamannermostrelevanttomanagementanalysisandstrategy.Mostprogramsalsoincludeelectivecourses. DoctorofBusinessAdministration[edit] Mainarticle:DoctorofBusinessAdministration TheDoctorofBusinessAdministration(DBA,D.B.A.,DrBA,orDr.B.A.)isaresearchdoctorateawardedonthebasisofadvancedstudyandresearchinthefieldofbusinessadministration.TheD.B.A.isaterminaldegreeinbusinessadministration,andisequivalenttothePh.D.inBusinessAdministration. PhDinManagement[edit] Mainarticle:PhDinManagement ThePhDinManagementisthehighestacademicdegreeawardedinthestudyofmanagement.Thedegreeisintendedforthoseseekingacademicresearch-andteaching-careersasfacultyorprofessorsinthestudyofmanagementatbusinessschoolsworldwide. DoctorofManagement[edit] Mainarticle:DoctorofManagement AnewerformofamanagementdoctorateistheDoctorofManagement(D.M.,D.Mgt.,DBA,orDMan).Itisadoctoraldegreeconferreduponanindividualwhoistrainedthroughadvancedstudyandresearchintheappliedscienceandprofessionalpracticeofmanagement.Thisdoctoratehaselementsofbothresearchandpracticerelativetosocialandmanagerialconcernswithinsocietyandorganizations. Seealso[edit] Outlineofbusinessadministration Businesseconomics Businessinformatics Businessstudies References[edit] ^ Compare: Thuis,Peter;Stuive,Rienk(2012).BusinessAdministration.Routledge-NoordhoffInternationalEditions(reprint ed.).Groningen:Routledge(published2019).ISBN 9781000035889.Retrieved7November2020.[...]businessadministrationisthebranchofsciencethatdealswiththeorganisationofandthecontextaroundbusinesses. ^Farazmand,Ali(2009-06-23).BureaucracyandAdministration.CRCPress.ISBN 978-1-4200-1522-5. ^GoldenPryor,Mildred;Taneja,Sonia(2020-10-18)."HenriFayol,practitionerandtheoretician–reveredandreviled".JournalofManagementHistory.16(4):489–503.doi:10.1108/17511341011073960. ^ Candoli,I.Carl;Hack,WalterG.;Ray,JohnR.(1991)."SchoolBusinessAdministrationasaSubsetofGenericManagement".Schoolbusinessadministration:aplanningapproach(4 ed.).AllynandBacon.p. 58.ISBN 9780205131396.Retrieved16October2019. 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