BUSINESS ADMINISTRATION
This involves overseeing and managing the operations and resources of an organization to ensure efficiency, stability, growth, and profitability. This field encompasses various essential functions, including planning, organizing, directing, and controlling business activities. By applying microeconomic principles, business administrators aim to optimize the use of resources, manage workforce productivity, and implement strategies that drive organizational success. The organizational structure heavily influences the administrative process, ranging from hierarchical models with defined roles and responsibilities to more flexible, flat structures that encourage collaboration and innovation. The history of business administration is closely connected to the development of management practices, theories, and principles. These have evolved over time to