"There's no difference. The word "administration" and "management" are somewhat different when defined in a dictionary. But in the real world of business, they are the same unless one begins splitting hairs.
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Some might say that administration involves more things of a paper-pushing or clerical nature. And some may think that management implies some authority over others that administrators do not have. If a company makes this distinction, so be it. But in general, business administration and business management are the same. " I got this from... -- http://www.answerbag.com/q_view/538865 "Generally speaking, business administration is usually the name of the degree or program (like BBA or MBA) and not really a concentration. Every business discipline combined is pretty much "business administration" as a whole. In fact, you can even take out the word "administration" and just leave it at "business" as a field of study. So saying you study "business administration" is saying you study "business."
Management is the actual concentration within business administration, and you cover organizational behavior/structure, leadership in organizations, managing change, and things like human resources (people) management. Some schools might have "business administration and management" to refer to the management major.
Econ and finance is pretty clear. Econ is about the allocation of scarce resources among competing uses. The main theme is supply and demand and price determination. At the micro level, you narrow in on firm and consumer behavior. At the macro level, you learn about national and international issues like interest rates, GDP, inflation, etc. Finance is more about investing (in the general sense of the word, not just in the Stock Market). The main theme is risk and return. You learn about the time value of money and apply it in many ways. Finance uses some econ, and econ uses some finance.
These are the very basics. To find out more, you should look at school course guides." I got this from... -- http://talk.collegeconfidential.com/business-major/403045-difference-between-business-majors.html
business administration in a body made up of 1% of management that is responsible for implementing policy and decision made by the top management while business management is the body responsible for planning,coordinating,organizing and motivating.
The difference between public administration and business administration is that the study of the latter focuses on for-profit, private sector management while the former is the study of non-profit and government management. The term "public management" might be viewed as analogous to "public administration".public administraion means to administor the government organizations and private administration means to administor the private sector organization inother words it also called business administration.
Business Management typically refers to running private, for profit companies. Public Administration means running government agencies.
what is the difference between bachelor of science in business administration and bachelor of business administration.
there isn't really a difference
The main difference between a Master of Business Administration (MBA) and a Master of Business (MBus) degree is that an MBA typically focuses on general business management skills and leadership, while an MBus degree may offer a more specialized focus in a specific area of business, such as finance, marketing, or entrepreneurship.
The organization refers to the entire business entity. Management refers to the direction of the company that will allow it to achieve its goals and objectives. Administration usually means the daily tasks involved in operating the company.
What are differences between Management and administratio ?
discuss the similarities and differences of public and private administration
both administration and management are same . both are having same meaning as to administrate a business in other words manage the business .to my knowledge their is no difference between each other.
Financial management focuses specifically on the management of an organization's financial resources, including budgeting, investment analysis, and financial reporting. In contrast, a business administration degree encompasses a broader range of topics, including marketing, human resources, operations, and strategy, in addition to finance. Essentially, financial management is a specialized subset within the broader field of business administration. Students pursuing a business administration degree may have the option to concentrate in financial management, but they will also study various other business disciplines.
what is the relation between management and administration