Brno, Czech Republic

Economics and Management

Language: English Studies in English
Subject area: economy and administration
University website: www.mendelu.cz
Years of study: 3
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Management
The remarkable thing about management is that a manager can go on for years making mistakes that nobody is aware of, which means that management can be a kind of a con job.
Akio Morita (1987). Made in Japan, p. 154
Management
Understanding the concept of competency is a prerequisite to understanding his integrated model of management.
Richard Boyatzis (1982) Competent Manager: A Model for Effective Performance. p. 10
Management
A company will get nowhere if all of the thinking is left to management.
Akio Morita (1987). Made in Japan, p. 149
Much greater efficiencies of coal-fired power plants can be achieved by raising steam turbine temperatures and employing innovative combustion processes. Scientists are developing anti-corrosion coatings to facilitate implementation and fewer emissions.
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