BUS111-S1 - Introduction to Business

Unidad I Tarea 1 Gerencia y gerente.

PRESENTADO POR:

YEISON VARGAS MENDOZA

CÓD. 80 740 293

TUTOR

VICTOR ORTEGA

UNIVERSIDAD NACIONAL ABIERTA Y A DISTANCIA (UNAD)

09/09/2019
 INTRODUCTION

By carrying out this work, we intend to introduce the knowledge of the administration,
where first, we delve into the concept of administering and its importance in all areas of
knowledge and in general in the permanent changes that the world has to administer.

It becomes a permanent challenge of changes at all levels. We also deal with the main
managerial functions such as planning, organizing, directing and controlling, looking at
what each of them consists of, its characteristics and objectives. These four functions are
taken as the a, b, c of the daily life of an administrator to bring the organization forward
 OBJECTIVES

OVERALL OBJECTIVE

Introduction to administration issues and fundamentals.

SPECIFIC OBJECTIVES

 Know the concept of administration and its importance

 Recognize managerial functions
 Distinguish the types of administrators
 Explain the importance of ethics and social responsibility 1. Make a synoptic
chart about the administration
Select an organization and summarize their business model, what products it offers,
what makes them stand out, and what do you like about them? Paper has to be
from 2 to 3 pages not including the cover page and references page. Remember to
cite all of the sources that are used. APA formatting will be used on all papers.

What is administration?

The administration is a technique that consists of the planning, strategy or organization

of the total resources that an entity, agency, society has in order to extract from them the
maximum possible benefits according to the desired purposes.

The term "administration" comes from Latin, and is the conjunction of the prefix "ad"
which means "towards" or "address" and the suffix "minister" which means "at the
service of" or "obedience", in short, it refers to the provision of a service to another
individual or to some entity.

Basically, we can say that it is based on the precept that states that a correct
administration of resources takes full advantage of the possibilities of achieving a better
result.

The administration is used in both public and private management. Both need the
technique of administrative organization for the extraction of resources. The difference
lies precisely in the qualitative and quantitative aspects of the resources available to carry
out its functions and purposes.

These available resources can be of various types, there are materials, human, financial,
cognitive, etc. And the ends can be social, nonprofit or for profit. In short, it is about
planning about how these resources are going to be used to achieve a better result.
Elements of the administration

Several elements are the parts that make the administrative organization, and are
necessary if you want to reach the objectives, but at the same time they are conditioned
by the available resources.

Every administration needs:

A nodal center: That is responsible for the realization of the entire project and
responsible for planning the administration. This also raises what are the problems they
want to overcome.

An evaluation: To distinguish the characteristics of each of the parties, to determine what

are their specific functions and possibilities to contribute to the administration.

Coordination: Pose the activities that are going to be carried out and that interrelate the
parts of the system.
Control: To ensure in an evaluative way that these activities are being carried out
correctly, as planned, evaluation that can be carried out simultaneously is given
administrative action.

The field of administration is very wide, since as we saw, it applies to various types of
entities. In this way, you need to use techniques, concepts, modes of organization from
various fields of study. For example, of financial administration, accounting, human
resources management, marketing, economic science, business strategies, etc.

The administration is interdisciplinary, since it combines aspects of all of them in order

to specialize and deepen its administrative advances, overcoming difficulties and
adapting to market requirements, in the case of private management mainly, thus
updating according to the competition and other social entities.

Administration Values

There are other values necessary for the administration to achieve its objectives, which
are not constitutional part of it, but rather circumstantial, necessary tools for its
adaptation to the social environment.

For example, flexibility, which is its ability to make use of its resources by relocating or
transferring them to the area that needs to be revitalized, an example of this is the
transfer or incorporation of people specialized in administration of a specific part of the
company. This gives an account of the general adaptability of the company or entity, it
should be noted that with more possibilities and resources the greater the possibility of
adaptability.

Another value is the specificity of the company, although some aspects are structural and
general of the administration, each of the objectives itself requires a type of
administration. It is not possible to find a type of administration that serves to solve the
situation of all companies or entities, in short, it is not applicable equally to all.
What is a manager?

A manager is a key figure within an organization, company or institution. This person is

responsible for coordinating the entire company or a part of it. The first of these
managers is known as general manager while if the manager is responsible for the
coordination of only one area of the organization, he is known as operations, production,
logistics, human resources, etc.

The main goal of a manager is that the objectives of the company are met, using or
regulating the human and material resources it possesses and minimizing the monetary
investment without reducing the quality of the product or service offered by the
company.

Characteristics of a manager:

Adaptability

The degree of adaptability of the manager is closely related to the degree of success of
the manager. Thus, a manager with greater success in his position is characterized by
having an open and flexible mind to change.

Managers often foresee market threats, and anticipate possible internal and external
market fluctuations. They are people who, regardless of the consequences of the
environment, take advantage of them in pursuit of the company's goals.
Knowledge

Extensive knowledge is one of the fundamental characteristics that every good manager
must have. This knowledge not only refers to the internal knowledge of the company.
You also have to have a knowledge of the national and global market, be attentive to the
social, political and economic changes of the company. You should pay full attention to
the company and employees.

Emotional intelligence

A manager must have a significant share of emotional intelligence. In this way, you can
deal with issues that distress, worry or distract your employees and focus them on the
path to meeting the goals.

For this reason, it is said that a manager is like an orchestra conductor. He does not need
to know how to play all the instruments but he does have the ability to motivate each
musician in the precise way.

Executive intelligence

This concept is related to the creative capacity of each manager. Thus, a manager today
cannot help but have a share of creativity. This will allow you to choose your strategies
to achieve your objectives in the shortest possible time.

Serenity

A good manager should remain calm even in situations of panic, stress or total disorder
within the company since the figure of a manager is an example to follow and must
preserve the confidence of employees in the company.
Negotiation skills

Must be able to handle negotiations with employees, partners, investors or customers.

The manager is a kind of link between all these parts that make the whole company. For
this reason, you must be a great trader without losing the empathic approach.

Leadership

A manager with leadership stimulates and motivates his employees but he performs the
action in such a way that the employees feel accompanied and supported, fulfilling their
daily task in a pleasant way thanks to the motivation of the leader.

Charisma

It is ideal that a manager is charismatic and does not give the appearance of being an
unattainable or arrogant figure. Rather, it must be accessible, easy to start a conversation
of any kind with him, simple and empathetic.

Ability to delegate

A manager cannot perform 100% of the company's tasks. Therefore, one of the most
important characteristics is its ability to delegate to other people. To do this, you must
first know the strengths and weaknesses of your employees in order to make the right
decisions.

It is also important to mention that not all tasks can be delegated to other people.
Therefore, the manager must first make a division of those responsibilities that can be
delegated to those that cannot be done.
Future vision

They have a great strategic and future vision. They usually find opportunities in those
places where the common people only encounter problems and chaos. They love
innovations and constantly challenge themselves in decision making. However, these are
studied with caution and a small share of adventure against the unknown.
 CONCLUSIONS

With this work I could understand the importance of financial administration in an

organization, as well as the tools that a financial administrator has to achieve the primary
objectives to have a good diagnosis of the level of solvency in a business, which is
relevant then take the maximum necessary measures to determine a financial capital
structure where all current liabilities finance, in an efficient way, current assets and the
determination of optimal financing for the generation of utility and social welfare.
 BIBLIOGRAPHIC REFERENCES

Administración: Concepto, Elementos y Valores

https://www.significados.com/administracion/

Definición de administración

https://definicion.de/administracion/

Cualidades de un gerente eficaz de proyectos

https://www.creditoreal.com.mx/blog-credito/10-cualidades-de-un-gerente-eficaz-de-
proyectos

https://www.eltiempo.com/archivo/documento/MAM-687784