Ivan R
 |
Hello,
(ANS) in simplistic terms management are responsible for the strategic decisions like how to move the business forwards, which markets to trade in, how many employee's are required, what assetts to buy, what machines are required to create products. which products to sell.
**Adminstration, deals with all the beaurocratic process, the paper work, such as invoicing customers, bills of sale, collection of moneys, accounting, issuing credit notes, redunds.
**Adminstrators carry out the directives from management.
IR |
corpclimba79
|
administration means that people have been appointed to 'look over' the dealings of the company, voluntarily or non-voluntarily. this is usually due to the fact that management have been doing a poor job in... well... managing.
management is the process of management of a company, something that managers should be doing. directing the essence of the company, to meet it's 'goals'.
administrations is what happens when management fails in their task. administration is only temporary, until another management team is appointed. |
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