ABSTRACT

Management is the co-ordination and the direction of the activities of oneself and others towards some particular end. For the purposes of this book, we take this end to be the running of a business, but it should be recognized that management exists in other organizations and fields of activity as well. The provision of health care and education, the running of government departments and the armed forces, and the operation of charitable organizations, for example, all require some degree of management. But because the problems and tasks of management in those other organizations are in many ways quite similar to those of businesses, we will take the commercial business as our main focus.