Define: Administracion

Administracion
Administracion
What is the dictionary definition of Administracion?
Dictionary Definition of Administracion

Administración is a Spanish term that refers to the process of planning, organizing, directing, and controlling resources within an organisation to achieve its goals and objectives effectively and efficiently. It involves the coordination and management of people, finances, materials, and information to ensure the smooth functioning and success of the organisation. Administración encompasses various functions such as decision-making, problem-solving, communication, and leadership, and is essential in both profit and non-profit sectors. It is a multidisciplinary field that draws upon principles from management, economics, psychology, sociology, and other related disciplines.

Full Definition Of Administracion

Administracion is a Spanish term that translates to “administration” in English. In a legal context, administracion refers to the management and oversight of an organisation, business, or government entity. This can include the implementation of policies and procedures, financial management, human resources, and overall decision-making. In the context of corporate law, administracion may refer to the board of directors or executive management team responsible for the day-to-day operations of a company. In the context of government, administracion may refer to the executive branch responsible for implementing and enforcing laws and regulations. Overall, administracion encompasses the administrative functions and responsibilities necessary for the effective operation of an entity.

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This glossary post was last updated: 29th March 2024.

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