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Home > QFINANCE Dictionary > Definition of business administration

Definition of

business administration

General Management

procedures involved in operating successful business the establishment and maintenance of procedures, records, and regulations in the pursuit of a commercial activity. Business administration involves the conduct of activities leading to, and resulting from, the delivery of a product or service to the customer. Administration is often seen as paperwork and form-filling, but it reaches more widely than that to encompass the coordination of all the procedures that enable a product or service to be delivered, together with the keeping of records that can be checked to identify errors or opportunities for improvement.

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  • Siri Terjesen

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    Siri Terjesen holds a PhD from Cranfield School of Management (2006), a master’s in international business from the Norwegian School of Economics and Business Administration (Norges Handelshùyskole), where she was a Fulbright scholar (2002), and a BS in business administration from the University of Richmond, Virginia (1997

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Definitions of ’business administration’ and meaning of ’business administration’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’business administration’ and other financial terms with our online QFINANCE Financial Dictionary.

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