Business Administration And Management Deals With Financing, Statistics, Accounting, And Economics

899 WordsApr 11, 20164 Pages
Business Administration and Management deals with financing, statistics, accounting, and economics. That is a decision- making process that forms, profits, and perpetuates successful business organizations. In order for a successful business to properly flow, an educated leader is needed to take initiative to properly manage a steady growing company. One big decision that is to follow is how they round up their employees. This is important since it helps them create that steady growing company. The managers need to make sure these applicants have “professionalism and character,” but at the same time they take the risk in hiring employees who’s “incompetence, lack of honesty, lack of knowledge and business-operational inactivity” (Belinskaja and Velickiene 30) might intervene. Their decision serves a key role in the business management to which can be risky. In business management, managers are required take the time to select particular employees to represent both them and their organization. The manager takes account for employees who have “wide-ranging skills” and “could perform a variety of tasks and/or cover multiple functional areas” (Levesque 308). With that, they have to go through the long process of finding a qualifying worker with professionalism and a knowledgeable character. In the knowledge aspect, these newcomers are mandated to have a general overview of business administration. The manager needs to make sure that the person they are hiring becomes familiar

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