9
– MANAGEMENT vs ADMINISTRATION
Task 1
Definitions
Christofer Alejandro
Rodriguez Ortega
NUA 116189
Administration
Provide a definition of
administration.
It is a process that
fulfills certain functions such as foreseeing, organizing, commanding, coordinating
and controlling so that a correct functioning is obtained within an organization
Book: Business Administration Theory and
Practice 2004 – “Agustin Reyes Ponce”
Editorial Limusa Noriega Editores
Concepts of Administration
Henry Fayol:He said that
the administration is to foresee, organize, command, coordinate and control
F. L. Brech: It is a social process that carries with it the responsibility of
efficiently planning and regulating the operations of a company, to achieve a
given purpose.
Koontz and O’Donnell: the direction of a social organism, and its effectiveness
in achieving its objectives, based on the ability to lead its members
https://sites.google.com/site/empresasgoncalves/administracion
Universal functions in
Administration
Henri Fayol said that accounting and administration were not the same
and argued that administration was a common activity in companies, business,
government, etc.
established 14 universal principles of administration: Division of labor,
authority, discipline, unit of command, unit of direction, subordination of
individual interest, remuneration, centralization, staggered chain, order,
action, stability of staff recruitment, initiative and spirit of group.
Book: Fundamentals of Management:
Essential Concepts and Applications 2002 “Stephen P. Robbins, David A.
Decenzo.”
Editorial: Pearson Prentice Hall
Business
Define Business
A business aims to make a
profit from a purchase or sale of some good or service and satisfy the person
Paula Nicole Roldán.(2017).Negocio. Economipedia.com
Concepts of Business. (Define them
in detail)
Infrastructure:
It is the creation, installation or building of a business, this place is where
the company is installed, there are material resources and labor for the
activity of the business
Business-to-business
is the relationship that they have company with another, for the sale of
products or services, there should not necessarily be customers, this activity
also part of the businesss
Consumer-goods
It is a product that is new to the market, its purpose is that the customer
feels the need to buy it, satisfying their needs
Small business
refers to the product must be sufficiently desirable for customers to be able
to purchase it
Consumer-to-consumer
For this concept, the consumer conducts business with another consumer, without
any supplier or organization acting.
E-commerce
these sales are made online, currently this is one of the main tools used to
sell or buy a product from a device
Consumer service
refers to an innovative service for consumers, an example is Uber Eats which is
one of the most used services in the food market
By Indeed Editorial Team 27 may 2021 https://www.indeed.com/career-advice/career-development/business-concept
Objective of Business.
the main and only
objective of the business is to obtain profit under a buying, selling or
service activity. where both parties meet the needs
Paula Nicole Roldán.(2017).Negocio. Economipedia.com
Types or classification of
business. (Define each in detail)
Primary sector: activity
where the human being is dedicated to the extraction of natural resources
secondary sector : is the product that you have from the transformation of the
raw material or natural resources, this product obtained is marketed
This sector refers to services, an example can be the financial market such as
transactions, exchanges, etc. or transport services
Myriam Quiroa, 05 de abril, 2020
Sector primario, secundario y terciario. Economipedia.com
What does “form of business ownership” refer to? Provide definitions.
Individual property: this form is when there is only one person as the leader
of the organization, it is the CEO, makes decisions on his own and fully knows
his business
Ownership in society: in this way, there are two or several people who
participate within society, with different ideas, more investment and better
organization
Family businesses: it is
made up of two or more people from the same family, it changes its legal form,
it can be dangerous if there is no good communication
Public property: here is the participation of the state or federal government
Introducción a los negocios, Carlos Prieto Sierra, Limusa Noriega Editores
Management
Define management.
They are the actions that
the company creates in order to meet the goals and objectives, apply strategic
procedures
Functions of management. (Describe
them in detail)
is a plan that is made to
meet the objectives of companies, implement improvement strategies, use
resources that help detect and correct mistakes
Important areas of knowledge for a business manager. Mentions as many
as you know or find.
Planning: short and long-term objectives are realized depending on the current
situation of the company
Organization: the steps to be followed are implemented as procedures and
strategic points to achieve the planned objectives
Direction: the plans are executed, being a leader within the decisions and
keeping track of what is planned
Control: this stage shows the results obtained
Guillermo Westreicher, 07 de agosto, 2020
Gestión. Economipedia.com
Organization
Provide a definition of organization. Be extensive.
The organization from my opinion
is the action that is taken to carry out a planning of what we want to achieve
in the short, medium or long term, every day we organize ourselves to go to
school, go to work or even eat, the right organization will lead us to achieve
planned objectives, there must be discipline to do things, I can also say that
the organization is a series of steps to follow created by one or more people
to achieve goals and objectives.
in a company, in school or in our daily life, we have to carry out a plan, we have
to create actions, priorities, accommodate our life.
I have always said, if we make a good organization we will have positive
results but if we do not put it into practice, our life will be a disaster
Knowing the thoughts of
Henry Fayol who they consider the father of management, opens many areas of
improvement as a human and as an employee or as a leader, it is the basis of success, to carry out
a good administration in the activities we carry out to achieve success.