Lesson 10: Business administration
The administration of a business includes the performance or management of business operations and decision making as well as the efficient organization of people and other resources to direct activities toward common goals and objectives.
The word is derived from the Middle English word administracioun, which came from the French administration, itself derived from the Latin administratio — a compounding of ad (“to”) and ministrare (“give service”).
Administrator is occasionally the title of the general manager or company secretary who reports to a corporate board of directors. This usage is archaic . In general, administration refers to the broader management function, including the associated finance, personnel and MIS services.