Introduction
1 What Is Management?
Today, business management seems to be only a special case of management as a more general human condition. Management is everywhere, ranging from people’s self-management to social network management, and from household management to planetary management in the context of global warming. This raises the question what is meant by the concept of business management.
In management theory, the concept has a long tradition. It is normally understood as managerial power and mechanism to control, inspired by the scientific management theory that is still taught in business schools today. Henry Fayol and Frederick Taylor can be seen as the founders of management theory. They introduced ...
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