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    Assignment - Principles of Management

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    PRINCE IBRAHIM TAIWO OLUGBANI
    Management involves planning, organizing, leading, motivating and controlling people and resources to achieve organizational goals. Administration establishes the framework within which management operates, including setting policies, goals and regulations. Key differences are that management focuses on implementation at the functional level while administration makes strategic decisions as the highest level and represents owners. Administration also has a more bureaucratic and policy-focused nature.

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    Assignment - Principles of Management

    Uploaded by

    PRINCE IBRAHIM TAIWO OLUGBANI
    44 views2 pages
    Management involves planning, organizing, leading, motivating and controlling people and resources to achieve organizational goals. Administration establishes the framework within which management operates, including setting policies, goals and regulations. Key differences are that management focuses on implementation at the functional level while administration makes strategic decisions as the highest level and represents owners. Administration also has a more bureaucratic and policy-focused nature.

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    Management involves planning, organizing, leading, motivating and controlling people and resources to achieve organizational goals. Administration establishes the framework within which management operates, including setting policies, goals and regulations. Key differences are that management focuses on implementation at the functional level while administration makes strategic decisions as the highest level and represents owners. Administration also has a more bureaucratic and policy-focused nature.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    44 views2 pages

    Assignment - Principles of Management

    Uploaded by

    PRINCE IBRAHIM TAIWO OLUGBANI
    Management involves planning, organizing, leading, motivating and controlling people and resources to achieve organizational goals. Administration establishes the framework within which management operates, including setting policies, goals and regulations. Key differences are that management focuses on implementation at the functional level while administration makes strategic decisions as the highest level and represents owners. Administration also has a more bureaucratic and policy-focused nature.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Reg No: U19BA1005

    Name: Aderemi Precious


    Dept: Business Administration & Management
    Course: Principles of Management

    ASSIGNMENT

    TITLE: DIFFERENTIATE BETWEEN MANAGEMENT AND ADMINISTRATION

    To understand the differences between management and administration, there is the need to
    understand the meaning of both concepts.

    Management is defined as the 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.

    Administration is a systematic process of administering the management of a business


    organization, an educational institution like a school or college, government office or any
    nonprofit organization. The main function of administration is the formation of plans, policies,
    and procedures, setting up 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. The nature of administration is bureaucratic. It is
    a broader term as it involves forecasting, planning, organizing and decision-making functions
    at the highest level of the enterprise. Administration represents the top layer of the
    management hierarchy of the organization. These top-level authorities are either owners or
    business partners who invest their capital in starting the business. They get their returns in
    the form of profits or as a dividend.

    DIFFERENCES BETWEEN MANAGEMENT AND ADMINISTRATION:

    The major differences between management and administration are given below:

    1|Page
    (a). Management is a systematic way of managing people and things within the
    organization. The administration is defined as the act of administering the whole
    organization by a group of people.

    (b). Management is an activity of business and functional level, whereas Administration


    is a high-level activity.

    (c). While Management focuses on policy implementation, policy formulation is performed


    by the Administration.

    (d). Functions of Administration include legislation and determination. Conversely,


    functions of Management are executive and governing.

    (e). Administration takes all the important decisions of the organization while
    Management makes decisions under the boundaries set by the administration.

    (f). A group of persons, who are employees of the organization, is collectively known as
    Management. On the other hand, the Administration represents the owners of the
    organization.
    (g). Management can be seen in profit-making organization like business enterprises.
    Conversely, the Administration is found in government and military offices, clubs, hospitals,
    religious organizations and all the non-profit making enterprises.

    (h). Management is all about plans and actions, but the Administration is concerned with
    framing policies and setting objectives.

    (i). Management plays an executive role in the organization. Unlike Administration,


    whose role is decisive making.

    (j). The Manager looks after the Management of the organization, whereas the
    administrator is responsible for the administration of the organization.

    (k) Management focuses on managing people and their work. On the other hand,
    Administration focuses on making the best possible utilization of the organization’s
    resources.

    2|Page

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