Probe into the Path of Enterprise Business Administration Empowering High-Quality Economic Development

This paper discusses the theoretical logic, realistic dilemma and core path of enterprise business administration enabling high-quality economic development. Theoretically and logically, business administration of enterprises is highly consistent with the goal of high-quality economic development by optimizing resource allocation, enhancing innovation ability, strengthening risk management and fulfilling social responsibilities, and plays a role in micro, meso and macro levels. However, the current business administration of enterprises still faces many practical difficulties in the process of empowering high-quality economic development, including external environmental constraints, internal management defects, shortcomings in technology application, talents and innovation difficulties, and international competition pressure. To this end, this paper puts forward the following core paths: One is to coordinate and optimize policies, accelerate the updating of laws and regulations, improve regulatory mechanisms, and provide precise support for the development of small and medium-sized enterprises; Second, internal management innovation, promote the flattening of organizational structure, and realize the standardization and digital integration of business processes; Third, in-depth application of technology, increase investment in big data, artificial intelligence and other technologies, tap the value of data, and improve the efficiency of supply chain coordination; Fourthly, we should focus on the cultivation of talents and innovation, introduce compound talents, reform the performance appraisal system, and stimulate innovation motivation. Fifthly, we need to expand our global vision, strengthen cross-cultural management training, and respond to changes in international rules. Through the implementation of these paths, enterprises can improve operational efficiency and market competitiveness and contribute to high-quality economic development.