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What is the key difference between Management and Administration, as mentioned in the text?
- a)Management focuses on policy formulation, while Administration focuses on policy implementation.
- b)Management is a high-level activity, while Administration is a middle-level activity.
- c)Management represents owners, while Administration represents employees.
- d)Management sets goals, while Administration achieves goals.
Correct answer is option 'A'. Can you explain this answer?
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What is the key difference between Management and Administration, as m...
The correct answer is Option A. According to the text, management primarily focuses on policy implementation, while administration is responsible for policy formulation.
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Key Difference Between Management and Administration
The distinction between management and administration is crucial for understanding organizational structures and functions.
Focus on Policy
- Management:
- Primarily concerned with formulating policies and setting strategic directions.
- Responsible for making decisions that impact the organization’s long-term vision.
- Administration:
- Focuses on implementing the policies developed by management.
- Ensures that the day-to-day operations align with the established goals and strategies.
Levels of Activity
- Management:
- Often seen as a higher-level activity involving senior executives or top management teams.
- Plays a key role in decision-making processes.
- Administration:
- Typically regarded as a middle-level activity.
- Involves managers and supervisors who oversee the implementation of policies.
Representation of Stakeholders
- Management:
- Represents the interests of owners and stakeholders.
- Responsible for ensuring that the organization achieves its profitability and growth objectives.
- Administration:
- Represents the employees, ensuring that their roles and responsibilities align with the organization's goals.
- Focuses on the welfare of the workforce and operational efficiency.
Goal Setting vs. Goal Achievement
- Management:
- Engages in setting organizational goals and vision.
- Administration:
- Concentrates on achieving the goals set by management through effective implementation of policies and processes.
In summary, while both management and administration are vital in any organization, management is more about formulating policies, whereas administration is focused on implementing those policies effectively.
The distinction between management and administration is crucial for understanding organizational structures and functions.
Focus on Policy
- Management:
- Primarily concerned with formulating policies and setting strategic directions.
- Responsible for making decisions that impact the organization’s long-term vision.
- Administration:
- Focuses on implementing the policies developed by management.
- Ensures that the day-to-day operations align with the established goals and strategies.
Levels of Activity
- Management:
- Often seen as a higher-level activity involving senior executives or top management teams.
- Plays a key role in decision-making processes.
- Administration:
- Typically regarded as a middle-level activity.
- Involves managers and supervisors who oversee the implementation of policies.
Representation of Stakeholders
- Management:
- Represents the interests of owners and stakeholders.
- Responsible for ensuring that the organization achieves its profitability and growth objectives.
- Administration:
- Represents the employees, ensuring that their roles and responsibilities align with the organization's goals.
- Focuses on the welfare of the workforce and operational efficiency.
Goal Setting vs. Goal Achievement
- Management:
- Engages in setting organizational goals and vision.
- Administration:
- Concentrates on achieving the goals set by management through effective implementation of policies and processes.
In summary, while both management and administration are vital in any organization, management is more about formulating policies, whereas administration is focused on implementing those policies effectively.
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What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer?
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What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer?.
What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the key difference between Management and Administration, as mentioned in the text?a)Management focuses on policy formulation, while Administration focuses on policy implementation.b)Management is a high-level activity, while Administration is a middle-level activity.c)Management represents owners, while Administration represents employees.d)Management sets goals, while Administration achieves goals.Correct answer is option 'A'. Can you explain this answer?.
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