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Business management – management of a business – includes all aspects of overseeing and supervising business operations. Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it comprises planning, organizing, staffing, leading or directing, and controlling an organization (a ...
The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration with a significant focus on management. [11] The MBA degree originated in the United States in the early-20th century, [ 12 ] when the nation industrialized and companies sought scientific approaches to management.
In this context, many management fads may have had more to do with pop psychology than with scientific theories of management. Business management includes the following branches: [citation needed] financial management; human resource management; Management cybernetics; information technology management (responsible for management information ...
A Bachelor of Business Administration (BBA) is an undergraduate degree in business administration awarded by colleges and universities after completion of four years and typically 120 credits of undergraduate study in the fundamentals of business administration, usually including advanced courses in business analytics, business communication, corporate finance, financial accounting ...
For a comparison with other business degrees, see Business education § Undergraduate education. Most universities, therefore, plan the degree such that in addition to their major , students are exposed to general business principles, taking courses in accounting, finance, economics, business management, human resources and marketing.
The Oxford English Dictionary defines a business manager as "a person who manages the business affairs of an individual, institution, organization, or company". [1] Compare manager . Business managers drive the work of others (if any) in order to operate efficiently and (in the case of for-profit companies) to make a profit . [ 2 ]