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How is business related to administration?

Updated: 8/18/2019
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14y ago

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One must to know that business means any activity done for earning profit; so profit can only be earned when there is useful utilization of resources ,resources may be of any kind whether human ,financail or technical etc. and obviously resources can be utilized usefully when there is some administration,it means some one who plans ,monitor and evaluate the performance of the people for achieving the goal,so buiness is closely related to administaration with administration there will be no profit and hence no business. by khan

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