Business Management
Business administration is the implementation of a set of policies set by the administration, and contributes to defining the responsibilities resulting from achieving the benefits of work, as business administration is also known as the processes or activities that are applied within the facility in order to reach the goal of its existence, through the presence of people Responsible for work, who are called management. Another definition of business management is the duties that the management has towards work, which depends on following up on reaching the desired goals by implementing each branch or department in the work environment with its responsibilities. Business administration is known academically as the study that depends on the knowledge of management principles in the business sector, and includes obtaining all university degrees from the bachelor’s level to postgraduate studies.
The importance of business management
Business management, in any institution, regardless of the quality of its work, is of great importance and influencing the nature of work, and the following is a set of points that summarize the importance of business management:
Helping to focus fully on the practical problems facing different business sectors, by relying on the use of linking channels between the scientific and realistic application of administrative rules.
Contribute to the study of the social and economic aspects and link them with the nature of business, which helps the administration to discover the appropriate means to carry out its own tasks.
Analyze the issues facing business sectors, and provide a set of solutions or ideas that contribute to dealing with them in efficient and effective ways, and contribute to achieving a set of acceptable and appropriate results.
Pursuing employment opportunities in the business sector; The business administration contributes to supporting the means of obtaining jobs, especially for students who study them at the university level, whether at the bachelor’s level, or at the postgraduate level; This is due to the clear competition in the world of business administration in the modern era.
increase access to money; Because business management helps the establishment as a single unit in increasing the financial revenues that result from the work, and it has a set of positive effects on the employees, thus contributing to raising salaries, which leads to an increase in the value of personal income.
Building a network of communication between management on the one hand and employees on the other hand by relying on the use of a set of means of communication, which provides the ability to implement work steps in a timely manner, away from any complications that may hinder the success of the work in achieving its goals, and also helps to know opinions And ideas capable of guiding work in the facility.
Business Administration Jobs
The application of any process or activity within the business administration depends on a set of main and important functions, namely:
Planning: It is the job that aims to create and design strategic plans that help in taking the appropriate means or tool in order to choose between a set of proposed ideas, which provide support for the decision-making process in the work environment.
Organizing: It is the job that is keen on arranging all components of the work environment; That is, distributing it to various departments and facilities, which contributes to allocating each activity or job in the department or its specialized staff, and leads to success in achieving career goals.
Leadership: It is the function that controls and controls the course of work, and aims to provide adequate and appropriate guidance to employees, or the various work sectors within the institution or company environment, which aims to enhance the role of the control function in carrying out its mission.
Oversight: It is the job that follows up the work before and during its implementation, which contributes to obtaining initial reports on the progress of practical activities, and then ensuring the implementation of the work plan, and the implementation of each department in its own job and leadership to achieve the required goals in accordance with the professional and functional rules applied in the facility.
The role of business management
Business management has an important and essential role in the business world, and it is summarized according to the following points:
Building, supporting and developing all administrative goals and plans that include business rules and data.
Directing establishments to carry out activities and functions in accordance with the financial budget that was prepared in advance.
Managing and leading general tasks related to the provision or manufacture of specific goods and services.
Contribute to keeping pace with functional or technical updates that help advance the work environment.
Assisting in arranging and holding general meetings with other companies, or that are held within the company.
Approval of contracts and agreements concluded with external parties.
Participate in the analysis of administrative and financial data and reports, which are criteria for performance evaluation.
Business management goals
Business administration seeks to achieve a set of goals, the most important of which are:
Keeping abreast of the market, and constantly following its developments.
The application of planning within a high range of flexibility and efficiency that contributes to supporting the function of the organization, especially when any emergency circumstances occur.
Examine the special expectations in the work environment, specifically those that include the social environment, and its role influencing the business sector.
Implementation of a set of training and qualification courses that help enhance the role of the administration in carrying out its functions, especially those that depend on planning to achieve certain things, which are subsequently committed to providing employees with professional certificates that enhance their presence in the work environment, ensure their success in understanding their work, and contribute to their achievement. They receive a set of discretionary rewards for their work.
Paying attention to the events affecting the success of the business that are compatible with the nature of the company’s work, such as educational materials production companies that are interested in providing universities with a range of materials and means, such as meeting facilities, lectures, and graduation ceremonies.