Business Administration vs. Business Management

The difference between business administration and business management The job of the personnel that run a business is to make sure that the day-to –day operations run smoothly and that the business is financially viable. In order for this to happen, there must be an efficient administrations and system of management in place. Without these […]

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Administration vs. Liquidation – The Difference Between

The difference between administration and liquidation In discussions about debt consolidation, two terms are commonly used – administration and liquidation. Administration is the legal process of determining how much and how often debts will be repaid to creditors. Liquidation is the process of selling off assets to satisfy debts. The sale is in the form […]

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How Administration is Different from Management

Administration vs Management Although it seems as if administration and management actually refer to the same thing, there are differences between the meanings of the two words. Administration refers to the science of managing a firm or an organization by setting up the policies and the objectives for the operation. Management is the act of […]

Filed under Business & Finance