This document discusses concepts related to business administration. It defines business administration as managing all economic activities leading to profit, including directing people and resources to achieve organizational goals. It also discusses related concepts like architect, engineering, business, enterprise, entrepreneur, shop, and market. It outlines the functions of a business administrator as managing daily operations, enforcing policies, tracking progress on goals, finding innovations, managing finances, and consulting with leadership.

1. BUSINESS ADMINISTRATION
ARCHITECT AND ENGINEERING
Prof (Dr) Jai Singh

3. Architecture .
The art and science of designing
physical projects introducing
administration, management,
production, marketing and national
welfare systems.
ARCHITECT :- A person who invent,
originate , realize idea / project as
prime mover.

4. Engineering : Skillfully
activation and steering of
basic resources on scientific
principles for something to
occur.

5. BUSINESS
Integration of architect and
engineering for economic
activities involving people,
processes and technologies with
the aim of fulfilling mission -
production of goods , provision
of service or trade market to earn
profit.

6. ENTERPRISE
Application of creative ideas
and innovations to practical
situations.
OR
A to think of new
and effective things to do with
eagerness.

7. ENTREPRENEUR
Who can recognise the
customer’s requirements,
design products to satisfy
them, and construct and run
the factories that deliver those
products.

8. •SHOP
A place where one
can buy goods or services
OR
a place where
a particular type of thing is
made / sold or repaired.

9. Business administration
Business Administration means
performance in management
of business operations , decision
making, efficient organization of
people and resources directed
towards goals and objectives.

10. BUSINESS ADMINISTRATION
Managing, directing,
commanding, controlling,
conducting, regulating, handling,
running, leading, governing,
supervising, orchestrating all
economic activities leading to
profit.

11. MARKET
An actual or nominal place where
forces of demand and supply
operate, and where buyers and
sellers interact (directly or
through intermediaries) to trade
goods, services,

13. FIRST INDIAN INSTITUTE OF
MANAGEMENT KOLKOTA – 1961

14. MOST SUCCESFUL CO-OPERATIVE
MGMT ADMINISTRATOR - INDIA

15. MOST SUCCESFUL AGRI- RESEARCH MGMT
ADMINISTRATOR – INDIA
MS SWAMINATHAN
– THE FOOD
PERSON

16. CHOOSE THE TITLE YOURSELF

17. MOST SUCCESFUL BUSINESS MGMT
ADMINISTRATOR – INDIA

18. TOP BUSINESS PERSON – INDIA
AMBANI & Subhash Chandrs
AMBANI & Subhash Chandrs

19. COMING BACK TO OUR TEXT

20. Businessperson
Having entrepreneurship,
leadership and the ability to
collaborate, create an
environment of trust and
commitment that implements
the envisaged concept.

21. BUSINESS MANAGER
Is one who drives the work
of others in order to run a
major business efficiently
and makes a large profit.

22. ENTERPRISE
Undertaking, endeavour, venture, pursuit
, exercise, activity, operation, exploit,mis
sion, deed, act, action, move, measure, ta
sk, business, affair,
ENTERPRISE
Application of creative ideas and
innovations to practical situations. This
is a generic concept that can be applied
across all areas of education.

23. Enterprise- is
the ability to think of new
and effective things to do with
eagerness.
It combines creativity, ideas
development and problem
solving with expression,
communication and practical
action.

24. ENTREPRENEUR
People can recognise the
customer’s requirements, design
products to satisfy them, and
construct and run the factories that
deliver those products.
ENTREPRENEUR
Only people can recognise the
customer’s requirements, design
products to satisfy them, and construct
and run the factories that deliver those

26. Entrepreneurship
is defined as the application of
enterprise skills specifically to
creating and growing
organisations in order to
identify and build on
opportunities.

27. Entrepreneurial
Functions:
The major
entrepreneurial
functions include risk
bearing, organizing, and
innovation.

28. •SHOP
A place where one
can buy goods or services OR
a place where a particular type of
thing is made / sold or repaired.
SHOP KEEPER
a person who owns manages or
operates a small store or shop.

29. SHOP MANAGER
A retail manager is the
person ultimately
responsible for the day-to-
day operations
(or management) of a
retail store.

30. BUSINESS MANAGER FUNCTION
BUSINESS MANAGER FUNCTION
Business managers oversee
the activities of employees; hire,
train and evaluate new
employees; and ensure that
the company or department is
on track to meet its financial
goals.

31. Business Concept:
Novel approach of marketing or
delivering an existing product. or
service.
•target demographic
•unique selling proposition

32. BUSINESS MANAGEMENT CONCEPT
Effective utilisation of people and
resources to achieve business goals in
an organization.
capacity planning, productivity
analysis and improvement, quality
assurance and the concept
of lean management.
transformation of resources into
utility."

33. BUSINESS ADMNISTRATION
CONCEPT
Efficient organization of
human and other resources,
to direct activities toward
common goals and objectives
performance .

34. BUSINESS ADMNISTRATION
Functions
Management of a business. It
includes all aspects of overseeing
and supervising business
operations and related field which
include Accounting, Finance and
Marketing.

35. :
BUSINESS ADMINISTRATOR FUNCTIONS
•Managing daily processes -
manufacturing products, providing
services and other activities for
company’s profit-making operations.
•Ensuring that products and services are
readily available to clients expectations.
•Company policies and goals for
individual departments and the overall
enterprise.

36. •Ensuring enforcement of
procedures and policies
•Tracking progress on each
organizational goal.
•Ways to use new
technologies to improve the
organization.
•Finding innovative new
approaches to current

37. •Working with finance team and
each part of the organization to
evaluate finances to establish
financial and budget guidelines
and goals.
•Evaluations and identification
of areas needing
improvement.

38. •Consulting department heads for
changes in departments, programs or
policies finding areas to cut costs
•Ensuring budget planning is on
track
•Present operational reports to
executives, board members and other
staff in leadership positions and consult
them about practices.

39. •financial statements, sales
reports and other measurements
of company status.
•Financial statements, sales reports
and other measurements of
company status.
•Appointing department heads
and other management positions.

40. Business administration process
CATEGORY OF VENTURE
•Shop
•Business
•Enterprise
•Company
•Industry
•Firm
•Corporate

42. IDEA

44. PLAN

48. 3.: Policy –

50. 4.: Strategy –
•WHAT
•WHY
•WHEN
•WHERE
•HOW MUCH

51. 4. strategy

53. RESOURCES
•human capital,
•natural resources,
•tangible resources - property
or production machinery,
•intangible resources - brand image
and knowledge,
•financial resources
•physical
•intellectual
•human
•financial

55. ELEMENTS OF BUSINESS
ADMINISTRATION
TO ACHIEVE COMMON OBJECTIVE
•PLANNING ORGANIZING
•DIRECTING
•COORDINATING
•CONTROLLING
•MOTIVATING
•STAFFING
•COMMUNICATING

56. •HUMEN
•MACHINERY
•MATERIAL
•MONEY
•METHODS
•MARKET

58. A business process / business
method
Prioritization of related structured
activities or tasks that produce a
specific service or product (serve a
particular goal) for a particular
customer or customers.

59. Business process re-engineering
To improve organizational
effectiveness and productivity.
starting from a blank slate and
completely re - creating major
business processes as well as the
use of information technology for
significant performance
improvement.

60. Business process
management
Study, identify, change and
monitor business processes to
ensure smooth working with -
continuous evaluation of existing
processes and identification of
ways to improve upon it.

61. Knowledge management
promotes an integrated approach to identifying, capturing,
evaluating, retrieving, and sharing all of an enterprise's information
assets - databases, documents, policies, procedures, expertise and
experience .

62. Total quality management[edit]
to improve quality of products and services -
focused on customer needs and reduction of
wastage.

63. Information management concepts[
•Business analysis
•Business method patent
•Business process automation
•Business Process Definition Metamodel
•Business process mapping

64. BUSINESS Policy
•Policy is a blueprint of the organizational activities.
2.Policy formulation is responsibility of top level management
3.Policy deals with routine/daily activities essential for effective and
efficient running of an organization
4.Policy is concerned with both thought and actions.

65. BUSINESS Strategy
•organizational decisions
•middle level management
•strategic decisions.
•concerned mostly with action
•methodology used to achieve a
target as prescribed by a policy.

66. Business policies
•Business policies are the guidelines to govern its actions.
•define limits within which decisions must be made.
•deals with acquisition of resources to achieve organizational goals
•roles and responsibilities of top level management,

67. Features of Business Policy
•Specific- well defined
•Clear- Policy must be unambiguous.
Reliable/Uniform- Policy must be uniform
for all Appropriate- appropriate to the
organizational goal.
•Simple- simple and easily understood by
Inclusive/Comprehensive-
•Flexible- Policy should be flexible in
operation/application.
•Stable- Policy should be stable

71. CHALLENGES AND
OPPORTUNITIES
IN BUSINESS

72. CHALLENGES
1.Starting a Business
2.Dealing with Construction 3.Permi
4.Getting Electricity
5.Registering Property
6.Getting Credit
7.Protecting Investors and enforcing
contracts
8.Paying Taxes
9.Trading Across Borders
10. Resolving Insolvency
11.Culture

73. OPPORTUNITIES
Culture – Emerging phenomenon in the country.
Mentoring - For ideas and guidance
Policies Ease of doing business
Funding - Capital and access from banks
Demographic dividend - India with 356 million 10-24
year-olds largest youth .
Large population -
High Mobile penetration - 76.55 percent mobile
subscriber Agri-tech ,
IITs

74. Huge market size – 125 crorers people

75. Strategic location
The products manufactured in India can
be easily supplied to Pakistan, Sri Lanka,
Bangladesh, Nepal, Bhutan, Maldives,
Myanmar etc.

76. infracture

81. RESOURCES
Availability of resources - abundant resources at
lower prices.
50 crore working class.

82. Infrastructure
Improving infrastructure, large
railway network, air connectivity,
and improving road connectivity,
7516 km coast line, 13 major
ports, 200 minor and
intermediate ports, rich in
mineral resources.