TRENDS IN THE TECHNIQUE AND TOOLS OF MANAGEMENT.
A policy type of management has come to be characteristic of modern business enterprise. This means that business practices in meeting particular situations and particular problems are being shaped to a constantly increasing degree by general rules formulated in advance. Methods of production and sale as well as relations with employees, consumers and investors are regularly subject to policy control. This trend in management has been necessitated by the increasing size of business units and the increasing complexity of its operations. Activities of a large business organization move forward with so much momentum that they quickly bring on disaster unless a clear track ahead is provided for them. It is a responsibility of the policy type of management to foresee possible disasters and to keep the road ahead clear. The size of current business units, their complexity, their closely knit organization and the necessity for a forward outlook in their administration are all due in a large measure to machine processes used in the technological operations over which business enterprise exercises control.
- DOI
- 10.2308/tar-7081665
- Volume
- 12 (2)
- Pages
- 138-145
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref