Administration
What is "Administration" meaning?
Administration is the process of overseeing the daily operations of a business, including managing resources, organizing tasks, and ensuring the company meets its goals.
Example
The administration team worked late to ensure all the company’s financial records were updated for the annual audit.
How is "Administration" used in business?
In business, administration involves coordinating resources, tasks, and personnel to ensure the company runs efficiently and adheres to legal and operational standards.
Pro Tip
Effective administration can streamline business operations, reduce inefficiencies, and ensure compliance with industry regulations.
Related Terms
Operations Management, Resource Allocation, Organizational Structure