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- Administration function in a business is the managing of duties involved with keeping a company running for daily operations and growth1. It includes various tasks in areas such as human resources, marketing, finance, accounting and project management1. The administration uses functions such as planning, organizing, staffing, directing, controlling, and budgeting to utilize resources effectively and achieve the business goals23. It also takes care of taxes, payroll, social security, banking, contracts, and other rules and regulations4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Key takeaways:
- Business administration is the managing of duties involved with keeping a company running for daily operations and growth.
www.indeed.com/career-advice/career-developme…Modern business management theory identifies six key functions of an administrator in an organization: Planning, organizing, staffing, directing, controlling, and budgeting.www.newworldencyclopedia.org/entry/Administrati…The administration’s role in business is to utilize resources effectively and enables the business to run smoothly to achieve its goals. The administration uses various functions such as planning, organizing, staffing, Directing, and controlling to obtain the required efficiency.todayfounder.com/administration-role-in-business/Be it taxes, payroll reporting, social security administration, banking, client contracts, or other commissions and committees; the admin department takes care of it all. Thus, the administrative department plays a critical role in keeping the organization on track in regard to various rules and regulations.careers.webdew.com/blog/administrative-department - People also ask
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The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services.
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