I have been wondering this question while trying to comprehend adjoint functors and the various definitions. If you let
$$F:\mathbf {R\text - Alg}\to \mathbf {Ring}$$
be the functor that sends each R-algebra to itself viewed as a ring in $\mathbf {Ring}$ and each R-algebra homomorphism to the same map viewed as a ring homomorphism. Does this functor have a right adjoint? What about a left adjoint? (Does the forgetful functor from $\mathbf {Grp}$ to $\mathbf {Set}$ have a left adjoint?)
I have an intuition for what the functor should do if it did exist. It should take any ring and turn it into the most general R-algebra possible from this. I assume this most general will come as a universal property, but again I'm not sure what this would be.
I asked my professor at the end of the class the other day and he didn't have much time to think about it but suggested it may be
$$G(A):=R\otimes_{\mathbb Z}A\in Ob_{\mathbf {R\text - Alg}}$$
the functor that sends every ring $A$ to this tensor product viewed as an R-algebra. I don't really see how this is an R-algebra even. Can somebody please help me understand this abstract non-sense. Thanks.
Intuitively, if a functor 'forgets structure' from one category of sets-with-algebraic-structure to another then it will have a left-adjoint; such adjunctions are called 'free-forgetful' adjunctions. Unfortunately $F$ is an unfortunate choice of letter because forgetful functors are usually denoted by $U$ and free functors by $F$, so for your $F$ I'll write $U$ and for your $G$ I'll write $F$.
The forgetful functor $U : \mathsf{Gp} \to \mathsf{Set}$ has a left-adjoint $F : \mathsf{Set} \to \mathsf{Gp}$, where given a set $X$, $FX$ is the free group on the set $X$ of generators.
In the case of $R$-algebras, the forgetful functor $U : R\text{-}\mathsf{Alg} \to \mathsf{Ring}$ will have a left-adjoint $F : \mathsf{Ring} \to R\text{-}\mathsf{Alg}$ sending a ring $A$ to the free $R$-algebra on $A$. That is, $FA$ is an $R$-algebra equipped with a ring map $A \to FA$ ('insertion of generators') such that, given any $R$-algebra $B$ and ring homomorphism $\theta : A \to B$, $\theta$ extends uniquely to an $R$-algebra homomorphism $\widehat{\theta} : FA \to B$.
...and if you check the details, this is precisely $R \otimes_{\mathbb{Z}} A$. The insertion-of-generators map $A \to R \otimes_{\mathbb{Z}} A$ is given by $a \mapsto 1_R \otimes a$, and the $R$-algebra structure is given by $r(s \otimes a) = (rs) \otimes a$.