Importance Of Development For Managment

IMPORTANCE OF DEVELOPMENT FOR MANAGEMENTNAMECOLLEGECOURSECOLLEGELECTURERIntroduction: While applied science has been the focus of the industrial revolution which started in England and spread from there to the United States and elsewhere . Chandler argues that the modern wrinkle firm is more than technology . He argues that management is the key to modern business . Using these articles , pardon why this added factor is necessary and why Chandler sees it in historic turn out of this time periodTechnological advancement is very merry for the step-up br of industries and business as a whole . It is by means of technological advancement that the time of doing business has considerably been bring down . For instance , the internet has made the world to be a global village thus people empennage do business with people they have never met at the come home of the button . In so doing the advancement of technology comes along with volumes in legal injury of the products manufactured and the number of business activities victorious place . To avoid a snarl up as a result of he volumes that come along with technological advancement there is need for a thorough and res accomplished management to be taken into account . This necessitates the need of trained managers who will take care of the business activities in terms of supervision , accounting and coordinating these business activities . In this nose out Chandlers views that management is the key to contemporary business is true . This can be shown by the number of administrative managers that are issue for MBA program for the sole purpose of enhancing their managerial skills . Equally principal(prenominal) is the demand that is manifested for the holders of MBA and their high payment .

This in essence shows that technology alone is not enough in prosperity of business in today s world but management is vital for the growth of businessBodyIn the article `The Beginnings of Big Business in American Industry Chandler considers some other factors and not only technology including brass instrument that influenced the rise of huge companies . He endeavors to figure out what control businesses to be run the way they are run . He equally sees the need to change the relationships within the working storm to enable them to meet the demands of their customers This though in the early propagation , shows the necessity of good management and it is to this effect that Chandler uses this historical evidence to show the importance of managementChandler also considers the change by expression at the innovations that were taken apart from the consolidation and centralization in the consumers goods industries which were well under way by 1893 . In this awareness he considers companies that have grown large through insertion of a synchronized , countrywide marketing and distribution fundamental law . He uses this historic evidence to show that the need for a structured management was needed at the time so as to avoid poor distribution among many other problemsManagement is necessary in enabling a business thrive since without proper management the products cannot only be marketed...If you want to cleave a full essay, order it on our website: Ordercustompaper.com

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