How Do You Spell ADMINISTRATIVE VALUE?

Pronunciation: [ɐdmˈɪnɪstɹətˌɪv vˈaljuː] (IPA)

The spelling of the word "administrative value" can be broken down using IPA phonetic transcription. The first syllable is pronounced /ædˈmɪnɪstreɪtɪv/ with the vowel sound "a" like in "cat" and the stress on the second syllable. The second part "value" is pronounced /ˈvælju:/ with the stress on the first syllable and the vowel sound "a" like in "bat". Together, the word is pronounced /ædˈmɪnɪstreɪtɪv ˈvælju:/ and refers to the worth placed on something related to administrative duties.

ADMINISTRATIVE VALUE Meaning and Definition

1. Administrative value refers to the usefulness or importance of information or data in aiding administrative decision-making processes within an organization. It is a measure of the significance that information holds in facilitating efficient and effective management and operation of a business.

   The concept of administrative value encompasses several key aspects. Firstly, it involves the relevance of information to management processes, including planning, organizing, coordinating, and controlling. Information that directly supports decision-making, resource allocation, and problem-solving is considered to have high administrative value.

   Secondly, administrative value also entails the accuracy, timeliness, and reliability of the information. Data that is up-to-date, accurate, and consistent ensures that administrative decisions are based on reliable facts and figures, minimizing the risk of errors or misunderstandings.

   Furthermore, administrative value is determined by the accessibility and usability of the information. If data can be easily accessed, understood, and analyzed by relevant stakeholders, it increases its administrative value. This highlights the need for effective information systems and management tools that enable quick retrieval and processing of information.

   Lastly, administrative value can be influenced by the cost associated with acquiring, processing, and maintaining the information. This cost-effectiveness measure ensures that the benefits gained from the information outweigh the resources invested in its acquisition and maintenance.

   Overall, administrative value reflects the importance of information within an organization's administrative functions, emphasizing its ability to support decision-making, enhance efficiency, and improve overall management effectiveness.

Etymology of ADMINISTRATIVE VALUE

The term "administrative value" is not a distinct word or phrase with a well-defined etymology. "Administrative" originates from the Latin word "administrativus", which means "pertaining to management". "Value", on the other hand, comes from the Latin word "valere", meaning "to be strong, be worth". The combination of these two words, "administrative value", would likely imply the importance or worth attributed to something within the context of administration or management. However, it is important to note that this specific term may not have a widely recognized etymology as it largely depends on its usage and specific context.