It is the administration of a commercial enterprise that is referred to as business administration or business management. Managing and monitoring company operations encompasses all facets of the job. Management and leadership are also covered from the point of view of office administration, accounting, finance, designing and developing, ensuring quality, conducting data analysis, sales, project management, information-technology management, research and development, marketing, and other related areas.
In the administration of a business, the effectiveness or management of business operations & decision-making are also included, and the efficient organisation of diverse resources to direct activities toward common goals and objectives, as well as the efficient organisation of people and other resources to direct activities toward common goals and objectives. Administrative services are often defined as the larger management role, which includes the accompanying financial, human, and information technology (IT) functions.