Archives: Management Concepts

Types of Business Entities

October 7, 2019 | By Jonny | No Comments | Filed in: Management Concepts.

A business entity is an independent legal entity for conducting business. A business entity may be a corporation, a partnership, or an association. It is different from a person, an estate, a trust, or a bank. The courts have held that business entities can sue and be sued by their owners and also from other • Read More »

Father of Modern Management Theory

May 29, 2019 | By Jonny | No Comments | Filed in: Management Concepts.

Henri Fayol – In his book, What is Management? Managing People Deming describes how you can bring about change by using an Integral Theory of Value. An Integral Theory of Value is an integrated approach to value creation by using a series of theories. In the United States, businesses are primarily regulated by an American • Read More »