What Is Business Administration?
Business administration includes managing all business activities. BNET defines business administration as "the establishment and maintenance of procedures, records and regulations in the pursuit of a commercial activity." Directing business activities includes managing the processes related to product or service delivery.
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Business Functions
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Examples of business functions include payroll, accounting, purchasing, customer service, sales, human resources, research and development, and marketing.
Business Administration Training
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Managers acquire knowledge of running a business by working in business management positions and/or by completing a bachelor's or master's program in business administration.
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Size of Industry
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Business administrators can work in many occupations. For example, the U.S. Bureau of Labor Statistics (BLS) forecasts jobs in administrative service management will rise by 12 percent between 2006 and 2016.
Professional Associations
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Business administrators include owners of large and small businesses and managers employed by government, nonprofit and for-profit organizations. Founded in 1982, the National Business Association (NBA) serves as a partner with the U.S. government much like the Service Corps of Retired Executives (SCORE). Professional associations help U.S. entrepreneurs to succeed in a competitive global economy.
Multidisciplinary Jobs
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Working as a business administrator requires the professional to develop skills in multiple disciplines. For example, knowledge of accounting principles and sales techniques are two different disciplines that relate to the operation of a successful business.
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