Saturday 31 March 2012

WHY MANAGEMENT?

WHY MANAGEMENT? 1 Represents a rallying force in every group undertaker 2Force that sustains organizational goals 3Need for a corps of professionals 4Engine of economic growth and development why mgt; Social &Material reasons SOCIAL: It enhances the gregarious nature of man MATERIALS: It enables us to satisfy our material needs i.e enlargement of activities,compression of time,reservoir of knowledge. WEITHER MGT IS

MANAGEMENT THEORIES.....CNTNUD

CASON;
 He believes that the enterpreneuer have certain skills that makes him to smartly appraise problems and initiate solution that bring about dramatic and astonishing results. Shackle:introduced the concept of creative and imaginative thought.he believes that the enterpreneuer is creative and original. Max Weber:a german;he published his in 1958.It was based on protestant doctrines and ethics and in the

Entrepreneurship theories

 Richard Cantillon:He was the foremost contributor in the field of enterpreneuship.an Irish man.the word enterpreneuship was of French origin from “interpredia” which means someone who bears risksand uncertainties.To Richard an enterpreneuer is a risk bearer. Kirzner:he sees the enterprenuer as someone who is alert to profitable opportunities for the purpose exchange.He plays an