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3 years ago

Different between business management and business administration

Business

2 answers:

Romashka [77]3 years ago

5 0

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.

Nataliya [291]3 years ago

4 0

Answer:

Business management and administration are closely related and have only a small degree of difference.

Business management focuses mainly on planning and organizing activities of an organization, while the administration looks at many areas that are related with the administration and routine tasks and activities of a firm.

this does not mean that management does not cover the administration aspects.

Explanation:

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On January 1, Year 1, Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. Interest is payable semiannually on J

mel-nik [20]

Answer:

The cash received from bond issuance is journalized as follows:

Dr Cash $285,600

Cr Bonds payable $280,000

Cr Premium on Bonds payable $5,600

The June 30 and 31 December Year 1 interest on the bonds are recorded thus:

30 June

Dr Interest expense(bal fig) $7,840

Dr Premium on bonds $560

Cr Cash $8400

31 December

Dr Interest expense(bal fig) $7,840

Dr Premium on bonds $560

Cr Cash $8400

The June 30 and 31 December Year 2 interest on the bonds are recorded thus:

30 June

Dr Interest expense(bal fig) $7,840

Dr Premium on bonds $560

Cr Cash $8400

31 December

Dr Interest expense(bal fig) $7,840

Dr Premium on bonds $560

Cr Cash $8400

Explanation:

The amount realized from the bond is calculated thus:

$280,000*102%=$285,600

Premium on bond=Bonds proceeds-par value

=$285,600-$280,000

=$5,600

Semi-annual amortization of bond premium=$5,600/5*6/12

=$560

Semi-annual interest payment=$280,000*6%*6/12

=$8,400

5 0

3 years ago

The first step in strategy implementation involves articulating in simple language what a particular business must do to create

jarptica [38.1K]

In the strategy implementation stage, there are certain things done to create and sustain a competitive advantage and this involves the definition of strategic goals.

<h3>What is Competitive Advantage?</h3>

This refers to the business situation whereby a company is able to outperform its competition.

Hence, we can see that when making strategic planning and implementation, there is the planning and making of contingencies for a meeting of set company goals to enhance the competitive advantage.

Read more about competitive advantages here:
brainly.com/question/26514848

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1 year ago

Use one of your research accidents specifically and briefly explain it.a. Determine if this type maintenance-related error happe

EastWind [94]

Answer: Accident research covers a very wide field. In this paper different models for accident research are presented; ie the behavioral, the epidemiological and the systems model. Different definitions of accidents are discussed, and particular attention is given to the restrictions on research as implied by the different definitions. A method for near-accident reporting is presented as a way of activating safety work and extending cooperation concerning industrial safety measures. The Dirty Dozen refers to twelve of the most common human error preconditions, or conditions that can act as precursors, to accidents or incidents. These twelve elements influence people to make mistakes.

. Lack of communication

5. Complacency

9. Lack of knowledge

2. Distraction

6. Lack of teamwork

10. Fatigue

3. Lack of resources

7. Pressure

11. Lack of assertiveness

4. Stress

8. Lack of awareness

12. Norms

B.How the Acts can help in this Life - Track Your Time, Determine Your Priorities ,Set Specific Goals ,Schedule Scrupulously,Establish Boundaries .

C. What is Professionalism in the Workplace?

Professionalism has to do with the way a person conducts himself or herself in the workplace. An individual who shows consideration and respect for others demonstrates a commitment to professionalism. Likewise, a person who keeps his or her word, demonstrates loyalty, and exceeds expectations is demonstrating professionalism.

There are four key elements that demonstrate a professional attitude. These are:

Treat other with respect

Keep your word

Be loyal

Exceed expectations

Explanation:

3 0

2 years ago

What role can the private sector play in poverty alleviation?

cupoosta [38]

Through employment and engaging communities thru comprehensive business models, the private sector can play a significant role in poverty alleviation.

As it brings community members into the value chain thus making it a more sustainable relationship, this approach is makes it different from just social corporate responsibility.

4 0

3 years ago

Read 2 more answers

Select the correct answer. According to Maslow’s hierarchy of needs, which need consists of an individual striving for importanc

shutvik [7]

Answer:

According to Maslow's hierarchy of needs, self esteem consists of an individual striving for importance.

Explanation:

Maslow's hierarchy of needs suggests that people have various needs, and they must satisfy the basic needs before moving on to satisfy advanced needs.

There are five different levels of needs according to Maslow.

They are:

Physiological needs-
Security and safety needs
Social needs
Self esteem
Self actualization

The lower four needs are deficiency needs that arise due to deprivation. Satisfying the physiological,social,security and esteem needs is important to feel content.

The highest level of need is growth need.They arise from the desire to grow as an individual.

4 0

3 years ago

Different between business management and business administration​

Different between business management and business administration