GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Management and Administration are
A
Same
B
Different
C
Partly same and partly different
D
same and different
Explanation: 

Detailed explanation-1: -Administration is concerned with the laying down of basic objectives and broad policies of an organisation, while management is concerned with performing various functions such as-planning, coordinating and controlling for attaining organisational objectives.

Detailed explanation-2: -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. It works under administration. It has full control over the activities of the organization.

Detailed explanation-3: -Administration represents creating plans and actions to achieve the objectives of the company. Management is the process of implementing these plans to achieve the final goal. Administrative functions are legislative in nature, whereas managerial functions are executive in nature.

Detailed explanation-4: -Answer & Solution Solution: Management and administration are partly same and partly different.

Detailed explanation-5: -Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.

There is 1 question to complete.