ABSTRACT
Practiced experience, as well as the best economic theory, lays emphasis upon the importance of an able manager.
(Thomas L. Greene)
Thus far, we have discussed ideas about management as simply ‘management’, with only occasional allusions to accounting, marketing and so on. We have looked at theories which discuss how firms should be run, to what purpose or end, and by whom. But this is not the full picture. From the beginning of the twentieth century, other thinkers were beginning to consider aspects of business, marketing and corporate finance in particular, but also other subjects such as corporate governance, business economics and theories of the firm, international business, business education and, eventually and rather belatedly, business strategy. All of these grew into managerial disciplines in their own right, with their own bodies of theory and their own practitioners, consultants, educators and students.
