Question

Evaluate the following statements regarding the functions of management and administration:

1. Administration is a higher-level function concerned with determining objectives and formulating policies, whereas management is an executing function that implements these policies.
2. Management is responsible for decision-making and planning, while administration focuses on directing and controlling the subordinates to achieve the set goals.
3. In smaller firms, the functions of management and administration often overlap and are performed by the same individual.

• A. None of these
• B. i, iii
• C. i only
• D. All

Answer 1

Answer:

B. i, iii

• Administration is the decision-making and planning function, while management is the directing and controlling function.