Title 1.2 Administration, Goals, Objectives and Policies.pdf ✅

1.2 Administration Administration Vs Management Goals Objectives Polices
Administration • The administration is a systematic process of administering the management of a business organization, an educational institution like school or college, government office or any nonprofit organization. • The main function of administration is the formation of plans, policies, and procedures, setting up of goals and objectives, enforcing rules and regulations, etc. • Administration lays down the fundamental framework of an organization, within which the management of the organization functions.
Management • Management is defined as an act of managing people and their work, for achieving a common goal by using the organization’s resources. • It creates an environment under which the manager and his subordinates can work together for the attainment of group objective. • It is a group of people who use their skills and talent in running the complete system of the organization. It is an activity, a function, a process, a discipline and much more. • Planning, organizing, leading, motivating, controlling, coordination and decision making are the major activities performed by the management. • Management brings together 5M’s of the organization, i.e. Men, Material, Machines, Methods, and Money. It is a result oriented activity, which focuses on achieving the desired output.
Basis for comparison Management Administration Meaning An organized way of managing people and things of a business organization is called the Management. The process of administering an organization by a group of people is known as the Administration. Authority Middle and Lower Level Top level Role Executive Decisive Concerned with Policy Implementation Policy Formulation Key person Manager Administrator Management Vs Administration