What is Business Administration?

Administration comes from the prefix ad what does it mean toward and of minister which in turn comes from minister, word composed of: minus what does it mean inferiority and of ter used as a comparison term.
The main elements of its etymology are: service and subordination. Administration is a function that is performed under the command of another person.

Management (of a company in this case) is an individual or a group of individuals who accept responsibility for running an organization. They plan, organize, direct and control all the essential activities of the organization. The administrator will not do the work himself. They motivate others to do the work and co-ordinate (that is, bring together) all the work towards the achievement of the organization's objectives.

The administration according to famous authors:

• Process of designing and maintaining an environment in which individuals, working in groups, efficiently, achieve selected objectives

 Author: Harold Koontz

• Administration: Interpret the objectives proposed by the organization and transform them into organizational action through planning, organization, direction and the control of all the activities carried out in the areas and levels of the company, in order to achieve such objectives in the most appropriate way to the situation.

Author: Idalberto Chiavenato

• Administration: Coordination of work activities so that they are carried out efficiently and effectively with and through other people.

Author: Stepen P. Robbins

• Administration: "In order to manage, you have to foresee and plan, organize, command, coordinate and control."

Author: Henry Fayol

Arriving at a more limited definition we can say that the administration “It is the process of foreseeing, planning, organizing, integrating, directing and controlling the work of the elements of the organization and to use available resources to achieve the objectives preset ».

Regarding the definition of Administration, it is important to highlight the Administration theories. Hanry Fayol is one of the precursors of the Classical Theory, which through the 14 principles of the Administration, laid the foundations of the modern Administration.

Administration concept image