Business Administration

The administration is the social science that has for its object the study of the organizations
and the technique in charge of the planning, organization, integration, direction and control
of the resources (human, financial, material, technological, knowledge, etc.) of an
organization , in order to obtain the maximum possible benefit; This benefit can be social,
economic, depending on the aims pursued by the organization.

Modern management of an organization, focused on the strategy and focused on the needs of the client.
Other definitions of Administration (according to several authors) are the following:
• The administration is a social science composed of principles, techniques and practices, whose application
to human groups allows to establish rational systems of cooperative effort, through which common purposes
can be reached that individually is not feasible to achieve.
• The Administration is to achieve a predetermined objective, through the effort of others.1 (George R. Terry).