Business Studies XII Content
Management and administration
Difference between administration and management
Bases of differences
|
Administration
|
Management
|
Nature |
It is thinking or determining function. |
It is doing or executive function. |
Types of work |
It relates with formulation of plans and objectives. |
It is operative level. |
Level of authority |
It is top-level activity. |
It is operative level activity. |
Decision making |
It considers public opinion, government policies, social and external factors for taking decisions. |
It considers decisions influenced by values, opinions and beliefs. |
Status of performer |
It consists of investors. |
It consists of paid employees. |
Use |
It is used in government sectors. |
It is used in private sectors. |
Main functions |
Planning and organizing |
Directing and controlling |
Ability |
Requires administrative quality |
Requires technical and professional ability |