Core Principles of Business Administration
Classified in Social sciences
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Characteristics of Administration
Universality
Administration is present wherever there is a specific social organism. It possesses unmistakable characteristics and is often accompanied by insights from other sciences.
Continuity
Throughout the life of a company, most administrative elements exist in varying degrees, demonstrating their ongoing presence and importance.
Hierarchical Unity
Administration respects established authority levels within an organization, ensuring a clear chain of command.
Instrumental Value
Administration serves as an instrument to achieve specific organizational ends, rather than being an end in itself.
Flexibility
Its purpose is practical; administration adapts to the particular needs and unique circumstances of each organization.