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What is the specialization of business administration and the most important branches of business administration?


Definition of business administration


Business management can be defined as the process of organizing and coordinating business, which usually includes several processes, including; Production of machinery and materials, finance, innovation, marketing and management are responsible for planning, organizing, controlling business resources and directing them towards achieving the overall policy objectives of the enterprise or company.


Business Administration Branches


It is one of the huge branches with more than 20 branches of business administration, and the following are some of the business administration specializations:


Financial management: It is concerned with finding a balance between the amount of profits and the risks that can occur, so that if the company faces some setbacks, the business remains profitable in the long run. This type of management includes planning, directing and coordinating with accounting, investment, banking, insurance and financial instruments. and other financial activities.


What is the specialization of business administration and the most important branches of business administration?



How to organize financial management


Establishing a sound financial system is one of the most important things in the organization, and therefore the financial management or business administration in general plays an important and successful role when organizing all the components of financial management, the most important of which are:



  1. Accounting: - A section concerned with calculating the amount of the company's revenues in addition to indicating the manner and amount of expenditure as well, and thus determining whether the company's objectives have been achieved or not. Therefore, the accounting department must be subject to actual and periodic control, and a comparison of the organization's budget for the current year is recommended. with the previous year.
  2. Budget: The budget preparation process requires calculating expenses and revenues, then analyzing and comparing them with each other, in order to put the budget in its operational and organizational form for the project, in addition to the need to include the budget in the annual budget. Plan the entire company.
  3.  Financial control: It is a system that guarantees the financial protection of the institution and its assets from embezzlement, fraud, or any deviation from the company's financial policies in order to achieve the optimal use of the company's financial resources.
  4.  Financial report: It is a report that documents the process of using the company’s financial materials in proportion to the plan so that the financial reports must be accurate and completely timely, in addition to the financial report supported by. Related financial documents.

Online business management


Online business administration specialization can be defined as a type of business management that is conducted online or electronically, where it is considered as the business and buying and selling operations that take place over the Internet.


It is called "electronic business" or "information technology" and the abbreviation "E-Business" is used to express it, which is the most common name for it, as the international company IBM was the first to give this name to the specialization.......read more.


Email Marketing Business Administration


Marketing management is a system of integrated business activities aimed at planning, pricing, promoting and distributing goods and services to existing and prospective customers. Marketing is the human activity that aims to satisfy the desires and requirements of consumers.


Related : Learn what e-marketing is and learn the basics of e-marketing in an article


Sales Business Management


The field of electronic shopping management is one of the most research areas of business administration in the modern era, as it focuses on supervising and leading sales teams, and the sales manager must direct sales representatives to strengthen and strengthen relationships with potential customers and include them with existing customers, and sales management is directly linked to marketing.


Business Administration Services



The type of business management services varies from one type to another depending on the organization and work, and focuses on managing and organizing the workflow, where the service managers need to understand and manage the costs and risks involved, in addition to the value and importance of the service to customers, the service management is what enables the provider to understand the services provided From the perspective of the institution and the consumer...... 



Business Administration Human Resources


Business Administration Human Resources focuses on hiring and managing all of the company's employees and includes; Ensuring that the employee feels safe in the company and desires to work in it, provide services to employees, provide compensation and other aspects of employee management.



The most important branches of business administration


There are other branches of business administration that are not mentioned in this list, and perhaps the most important are the following:


  •  Strategic management.
  •  production management.
  • Program and project management.
  • knowledge management.
  • Operations Management.
  • Information technology management.
  • Public Relations Department.
  • Supply chain management.
  • purchase management.
  • Research and Development Department.
  • Engineering Management.
  • Design management.
  • Quality Management.
  • Risk Management.
  • the management of change.
  • Innovation management.
  • Facilities management.


business management levels




The size of the institution controls the number of administrative levels in it. The larger the size of the institution, the greater the number of administrative levels. In general, there are 3 administrative administrative levels, which are as follows:



Senior management consists of the board of directors that formulates general policies and is responsible for the company’s directions and success in general, but it does not participate in the day-to-day affairs of the organization, but these tasks are delegated to the managing directors or general managers who are called CEOs, and other tasks of the higher management :


  •  sets goals.
  • organization of work.
  • Develop major resources.




Middle management is concerned with implementing the policies and plans determined by the top management, and it consists of heads of departments and executives. Middle management personnel perform a number of tasks, including:


  • Translate company policies.
  • Preparing the organizational structure.
  • Issuing instructions to those who follow them in the career ladder.
  • Motivating employees to increase productivity.
  • Gather information and reports on productivity and achievement.




Lower management This term is applied to supervisors, office managers and subordinates to department heads, where lower management managers communicate with employees directly, and their most important functions are:


  • Business Execution.
  • Maintain the standard and quality of the product and work.
  • Maintain discipline among workers.
  • Save time and resources.
  • Providing employees with the necessary instructions and information and guiding them during work.








business management characteristics




 There are several characteristics of management, including the following:


 

  1. Necessary for all business: All organizations and institutions, whether for-profit or non-profit, require management to organize their activities, thus it turns out that the future of business management is developing.
  2. Goal Oriented: Management helps organizations to achieve predetermined goals easily and in a timely manner.
  3. Continuous process: the existence of management linked to the existence of the institution. As long as an enterprise exists, management is important, continuous and necessary in all areas; Such as production, human resources, finance and marketing.
  4. Holistic: Management manages people, but not only that, but also manages the various processes within the organization, making it a holistic and multidisciplinary activity.
  5. Uniting forces: The management process is manifested in supervision, coordination and teamwork, where organizations consist of a group of individuals who work together to achieve the goals of the organization under management that are characterized by good leadership qualities.
  6.  Dynamic: There are many aspects that different organizations may work on; Such as political, social and other aspects, so the administration must be characterized by dynamism and flexibility to be able to formulate different strategies to deal with these aspects, taking into account the constant changes that occur to them.
  7. Intangible power: Management operates in the dark. It is something immaterial and tangible, but its influence and presence are reflected in the way the organization conducts its business.




Business Manager Jobs


 The Business Administration Role needs to define the basic functions performed by all managers, which are as follows:


Planning


 Business Administration has special methods and skills, including planning. At this stage, the management determines the goals of the company, taking into account the current situation of the company, its vision and mission, and evaluating the available resources; To achieve organizational goals within a specific course of action, this is done through the following:


  • Setting short and long term goals.
  •  Prioritize tasks.
  •  Set a work schedule.
  • Communicate details of new projects to the team.



organisation



The organizing stage includes many tasks, such as: allocating resources and assigning the right employee to the right place; In order to achieve pre-established goals, managers in a particular department business administration may need to work with other departments and create a productive environment that motivates employees to get work done. The manager must be able to reorganize in response to any new challenges; Such as adjusting the project schedule.




Leadership


 Leadership focuses on managing and motivating individuals and groups to achieve organizational goals, through the issuance of orders and direction. A successful leader is someone who uses communication skills and is close to his team members. There are also different styles of leadership in Business Administration, including:

  • Steering leadership.
  • Driving training.
  • Supportive leadership.
  • Leadership delegation.



censorship


 In this stage of the (Business Administration) which is the control, where the managers evaluate the implementation of the plan and make the necessary adjustments to ensure the achievement of the goal, in addition to monitoring the performance of the employees and the quality of work. Oversight provides feedback on work performed with suggestions for development. At this stage, it is possible to provide material incentives to outstanding employees.




Advantages of studying business administration




  1. Job availability: According to the US Bureau of Labor Statistics, job opportunities for major business and finance firms are expected to increase by 5% between 2019-2029, at a higher rate than other jobs. work fields.
  2.  Wide range of career fields: Earning a degree in business disciplines helps you learn basic business knowledge, and then start your job search in the field that appeals to the researcher. For example, an individual with a degree in business administration can work as a sales manager, industrial production manager, management analyst, and other business management departments.
  3.  Acquisition of skills required for the labor market: When studying business administration, the individual acquires the competence and discipline necessary to engage in the labor market, which makes it easier for him to practice and develop work skills in a supportive environment and succeed in the business world.
  4.  Mastering leadership skills: The Business Administration program contributes to the development of leadership skills, as it is possible to learn to lead and motivate others, to communicate effectively, to think critically, as well as to discover and solve problems, and to make sound business decisions, in the field of business. Management is a very competitive field and one must learn leadership skills in order to stand out from the crowd and attract the pioneers in this field.








 

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