Introduction to Business Administration

In the “Introduction to Risk Management in Trading” course, I gained valuable insights into essential business concepts. Administration involves organizing and managing operations for success, while the administrator plays a crucial role in effective business management. Understanding ethics and social responsibility is vital for conducting operations responsibly. Globalization highlights the importance of operating beyond national borders. Strategic management focuses on achieving goals efficiently, aligning resources with overall strategy. Additionally, accounting serves as the language of business, with financial accounting catering to external stakeholders and management accounting providing internal data for decision-making. Human Resource Management is key to managing the workforce effectively. This knowledge equips me with the tools necessary for navigating the complexities of the business world.