{"id":2038,"date":"2017-11-03T15:21:04","date_gmt":"2017-11-03T15:21:04","guid":{"rendered":"http:\/\/www.helpingstudents.com.ng\/?p=2038"},"modified":"2020-01-25T13:30:17","modified_gmt":"2020-01-25T13:30:17","slug":"business-administration","status":"publish","type":"post","link":"https:\/\/hstutorial.com\/sv\/business-administration\/","title":{"rendered":"Offentlig f\u00f6rvaltning och f\u00f6retagsekonomi"},"content":{"rendered":"

PUBLIC AND BUSINESS ADMINISTRATION<\/h2>\n

Public administration<\/strong> can be defined as the organization and management of the government, government offices, and public sector companies.<\/p>\n

Business administration<\/strong> is the performance of management of the operation of a business. It deals with organizing the human resources and the other resources available to the organization in an efficient manner so that goals and objectives can be achieved.<\/p>\n

Similarities Between Public and Business Administration.<\/h3>\n
    \n
  1. They are similar in areas of Planning, Organising, Staffing, Coordinating, Reporting, and Budgeting.<\/li>\n
  2. Both are regulated and affected by political laws and regulations.<\/li>\n
  3. They are used to improve effectiveness and productivity of an organization.<\/li>\n
  4. They are answerable to higher authorities.<\/li>\n
  5. They are responsible for their action.<\/li>\n
  6. They work within a set of rules determined by the higher authority.<\/li>\n
  7. Both organizations select its senior personnel by a scientific method.<\/li>\n
  8. They both provide welfare services for its personnel.<\/li>\n<\/ol>\n

    Difference Between Public and Business Administration.<\/h2>\n
      \n
    1. The size of a public organization is usually larger than a private organization.<\/li>\n
    2. The condition of service is usually uniform in public service while variations exist in private organizations.<\/li>\n
    3. Public organizations are usually owned by the government while individuals usually own and control private organizations.<\/li>\n
    4. Creativity is the hallmark of business administration while strict adherence to rule is in vogue in public administration.<\/li>\n
    5. Leadership in public administration can be determined by politicians while owners of private establishments determine who heads it.<\/li>\n
    6. Bureaucracy is more pronounced in public organization than a private organization.<\/li>\n
    7. Efficiency is more pronounced in private establishments than public organizations.<\/li>\n
    8. The private administration is motivated by profit while the public administration is motivated by the desire to improve the life of the citizens.<\/li>\n<\/ol>\n

      Comparison Between Public Administration and Management. (Kindly rotate your phone to see the table below)<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      <\/td>\nMANAGEMENT<\/td>\nPUBLIC ADMINISTRATION<\/td>\n<\/tr>\n
      GOAL\/MOTIVATION DRIVE<\/td>\nThe goals are sole to profit-making i.e. profit maximization<\/td>\nThe goals are multi-dimensional i.e., not just profit-making alone<\/td>\n<\/tr>\n
      STRUCTURE OF DECISION-MAKING<\/td>\nDecisions are made within small unit i.e. timely<\/td>\nDecisions here follow a laid down procedure i.e. long process<\/td>\n<\/tr>\n
      JOB SECURITY<\/td>\nJob security is low. An employee can be sacked anytime<\/td>\nJob security is high. Sack of employee follow due process<\/td>\n<\/tr>\n
      QUANTIFICATION OF OUTPUT<\/td>\nPerformance proves the efficiency and can be easily quantified<\/td>\nHere, it is not possible to quantify output and profit<\/td>\n<\/tr>\n
      TYPES OF SERVICE<\/td>\nServices rendered by management are services that yield results i.e. meeting target.<\/td>\nServices rendered by public admin are social services for smooth economy i.e. stabilization of the society<\/td>\n<\/tr>\n
      METHOD OF OPERATION<\/td>\nMethod is business friendly. i.e. research is made in relation to their operation<\/td>\nNo business like method is involved i.e. the situation determines the method to adopt.<\/td>\n<\/tr>\n
      POLICIES<\/td>\nThe policies are directed towards the interest of the owner and the satisfying of their customers<\/td>\nThe policies are directed towards the collective interest of all<\/p>\n

       <\/td>\n<\/tr>\n

      ENABLING LAWS<\/td>\nIt is guided by business law<\/td>\n\u00a0\u00a0 It is guided by public law<\/p>\n

       <\/td>\n<\/tr>\n

      DEGREE OF PUBLICITY<\/td>\nThe degree of publicity is low. This is as a result of insufficient fund<\/td>\n\u00a0\u00a0 A lot of publicity is involved i.e. the degree of publicity is high<\/td>\n<\/tr>\n
      MEANS OF FINANCE<\/td>\nIt is funded through private savings, friends, families, bank loans etc\u2026<\/td>\nIt is funded through private savings, friends, families, bank loans etc\u2026<\/td>\n<\/tr>\n
      ISSUES OF MORAL<\/td>\nIt is not a thing of priority and they are less concerned<\/td>\nIt is a thing of priority and the interest of the public at large is of paramount concern.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

       <\/p>","protected":false},"excerpt":{"rendered":"

      OFFENTLIG F\u00d6RVALTNING OCH F\u00d6RETAGSF\u00d6RVALTNING Offentlig f\u00f6rvaltning kan definieras som organisation och f\u00f6rvaltning av regeringen, statliga myndigheter och f\u00f6retag inom den offentliga sektorn. F\u00f6retagsekonomi \u00e4r utf\u00f6randet av ledning ...<\/p>\n

      Offentlig f\u00f6rvaltning och f\u00f6retagsekonomi<\/span> L\u00e4s mer »<\/a><\/p>","protected":false},"author":2,"featured_media":9768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[50],"tags":[106,105],"class_list":["post-2038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-study-guide","tag-business-administration","tag-public-administration"],"yoast_head":"\nPublic And Business Administration - HS Tutorial<\/title>\n<meta name=\"description\" content=\"In this article, you will learn in a nutshell and with the aid of a table presentation, the definition of the term Public Administration and Business Administration, the similarities between them, and their differences. 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