Decsisions in Mangement
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Title: Decsisions in Mangement

Essay Details:

Subject: Business
Author: Christine N
Date: July 2, 2015
Level: University
Grade: B
Length: 6 / 1721

Essay text:

Management must organize production to meet the goals of the company, which normally include keeping manufacturing costs low and producing a profit. The first industrial managers were men like Richard Arkwright and Thomas Edison, both inventors and businessmen. They own their companies and made all the management decisions. As the scale of production increased in the 19th century, ownership of companies was divided among shareholders. Management gradually became separated from ownership and a class of professional managers emerged. Although this emphasis is on industry, the principles of management are strongly illuminated herein, in my opinion...

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