This is the 458th most frequent Spanish word.
administración
The act of managing, organizing, or overseeing tasks, resources, or responsibilities.
In this sentence, 'administración' refers to the act or practice of organizing and handling resources, specifically time.
La administración del tiempo es clave para el éxito.
Time management is key to success.
Here, 'administración' is used to denote the group of people who manage and make decisions in an organization.
La administración de la empresa presentó los resultados anuales.
The company management presented the annual results.
In this context, 'administración' refers to the academic field or course focused on the principles and practices of managing businesses or organizations.