While globalization has opened up markets everywhere, it has also thrown the inherent tension between government economic activism and entrepreneurial freedom into sharp relief. We now take up crucial questions...

In this article we will examine We will also discuss the need for focusing less on “appraisal” (evaluation, judgment) and more on employee contribution to the company. Accepted wisdom would...

Which styles of leadership bring out the best performance in a company, department, team, or project? Finding the perfect way to manage knowledge workers remains elusive. The study of leadership,...

Managerial economics applies economic theory and methods to business and administrative decision making. Managerial economics prescribes rules for improving managerial decisions. Managerial economics also helps managers recognize how economic forces...

Organizing is the development of the company resources to achieve strategic goals. The deployment of resources is reflected in the company division of labor into specific departments and jobs, formal...

Goals determine a substantial amount of human behavior. Motivation to achieve these goals is a major factor in a business company and in any organizational effectiveness. For these reasons we...

The basic elements required for a business company to develop are These three basic ingredients have to be coordinated with skill by the management of research and development in a...