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ELS Paper - Article Example

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The topic that has been selected for this paper is, “management issues that challenge growing businesses." This topic is important because small enterprises and start-ups face numerous business management issues that impede their growth and expansion. These businesses face…
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ELS Paper

Download file to see previous pages... While performing these functions, the business administrator must search the environment for potential growth and expansion, and financial viability. The importance of business administration is usually misunderstood and poorly implemented because people target output, instead of the process of management (Longenecker, 2012). Business administration needs to focus on good management practices, in addition to addressing the challenges of managing the internal and external environments. This provides the strategies and foundations for confronting business administration challenges.
Business administration of a small business should consider the external environment of its operations. Traditional business organization implies that a business has a social contract with its customers, employers and employees. Adhering to fixed sets of standards and obligations, in addition to defined responsibilities and roles will enable the business administrator to meet the objectives of the small business. The organizational structure of a business is conceptualized by the business administrator. The structure guides the business as it interacts with its external environment (Longenecker, 2012). As a result of the organizational structure, business administrator should internalize the ever increasing organizational functions. Business administration is also concerned with external environmental factors such as the role of government agencies in the marketplace.
Business administration of internal environmental issues involve the management of issues such as communication, balancing personnel and schedules, setting responsibilities and tasks and managing business teams. The business administrator must ensure that people in the workplace communicate effectively. Effective communication plays integral roles in the management of operational activities. Open communication strategies ensure that the business can respond to external and internal environmental issues effectively ...Download file to see next pagesRead More
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