Importance Of Administrative Processes In Companies

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Importance of administrative processes in companies

Summary

In the following essay we will address the importance of the administration within any company or institution and the fundamental function for the company to make the respective decisions and can meet the needs of an objective audience, to which it will direct its goods and/or services to obtainBenefits.

Developing

The administration is indispensable in a company and a company needs the work done by the administration. It is important to know the definitions of "administration" and "company",

What is administration?

It is necessary to know the etymology of the word "administration";It comes from the Latin "ad" which means direction, tendency and "minister" defined as obedience, fulfillment of activities, subordination;It is identified that the administration needs a fundamental person to say to do others to achieve a goal.

Let’s know other definitions that will help understand the administration:

For Zapata, the administration is “the field of study that seeks to design and maintain an adequate environment where people, working in teams, efficiently reach their pre -established objectives, whether individual or collective” (2019: 12).

Wilburg Jiménez Castro, the administration “is a social science composed of principles, techniques and practices and whose application to sets allows to establish rational systems of cooperative effort through which common purposes can be achieved that individually is not feasible.

George r. Terry and Stephen G. Franklin, both state that administration is a very particular process, consisting of planning, organization, execution and control activities, performed to determine and achieve the objectives indicated with the use of human beings and other resources.

Hellrieger and others, says the administration consists in making the decisions that will guide the organization for the stages of planning, organization, management and control ”(cf. 2012: 8).

Therefore, we can say that the administration is an administrative process that works with people who are divided into teams, which allows themThe needs and/or demands of the public.

What is a company?

The purpose of each person is to be independent, earn money. Bolivia currently supports ventures, supports national production. There are other people who decide to work in companies to gain work experience;It is not always necessary to be a professional to do a company, but it is important.

In the “Communication Business Administration” text, the Commercial Code mentions and determines the company as “the organization of material and immaterial elements for the production and exchange of goods or services (art. 448 Commercial Code) ”(CF. Zapata 2019: 11).

Let’s know some definitions about company:

We can mention that, the company is a set of people with the interest of acquiring profits according to the services offered by a certain company, Zapata explains “a company will always have to produce goods and/or services to offer them to the population or a certain marketand meet certain needs ”(2019: 11).

Agustín Reyes Ponce defines the company as an “integration”, that is, it is composed of material goods, men, systems, also adds that it can be studied in terms of economic, legal, administrative, sociological and joint aspects.

According to the definitions mentioned by the authors, the purpose of a company is to meet the needs of a certain audience, this will allow the consolidation of the same. When a group of people wish.

Why the importance of administration within a company?

The importance of administration within a company or institution allows the proper management of the resources that the company has. When we talk about resources, we refer to people (human resources), material resources (tangible), financial resources (money) and technological resources.

Human resources, it is called job behavior, people have skills and knowledge that will be developed according to the designated area or position within the company.

Material resources, is based on equipment, infrastructure, etc., that the company has. It is under inventory (list).

Financial resources, this refers to the money that the company has, but there are some terms that link its management, we mention assets, liabilities and capital. Zapata citing in his book Díaz Díaz defines assets, liabilities and capital as follows “Assets are the total resources available to a company to carry out its operations;being all the goods and rights that are owned by the company. The liability is the total debts and obligations that the company contracts. The equity or accounting capital is the sum of the contributions of the partners;It is the share capital plus the utilities or less losses ”(2019: 13).

Technological resources, defined in the representation of the means of application of knowledge.

Precisely, a company could not develop if the administration did not exist;because the administration allows to work collectively to develop various tasks and activities to meet the objectives and will allow to meet the needs that identifies a certain audience;The company will be in charge of producing services and will gain benefits. By not an administration of all the resources that a company has, it will affect decision making as well as the failure of the company within the competitive market.

Bibliography

  • Chiavenato, Idalberto 2007 Introduction to the General Theory of Administration.
  • Hellrieger et al.
  • Zapata, Gunnar 2019 Communication Business Administration. 1st edition.
  • Bolivia. Cosmopolitan.

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