Business Administration vs. Business Management: What’s the Difference?
The main difference between business administration and business management is that business administration involves setting company-wide goals and objectives, whereas business management focuses on setting goals and objectives for specific teams or departments.
Before we move to more differences, let’s first understand Business Administration and Business Management:
- Business Administration: Business Administration refers to the management of all aspects involved in running an organization, including planning, strategy, finance, marketing, and decision making.
- Business Management: Business Management refers to the management of the day-to-day operations of a company, including managing employees, resources, and processes to achieve specific goals or objectives.
Now, let’s get to Business Administration vs Business Management:
Major differences between Business Administration and Business Management
| Business Administration | Business Management |
|---|---|
| Business Administration involves analyzing and making decisions about organizational structure, policies, and procedures. | Business Management involves tasks like supervising employees, managing budgets, and directing business operations. |
| Business Administration is concerned with the big-picture view of the business. | Business Management is concerned with the specific details and processes involved with running the business. |
| Business Administration is responsible for long-term strategic planning. | Business Management focuses more on short-term goals and objectives. |
| Business Administration is more about strategic planning and forecasting. | Business Management is focused on tactical execution of these plans. |
| Business Administration involves the oversight of multiple departments in an organization. | Business Management is typically responsible for a specific team or area of operation within a company. |
So, these are the main differences between the entities.
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