Contributions of Management to Productivity
We shall limit our analysis to the under-developed countries, i.e. to the management problems of the pre-industrialized milieu.
We shall examine these problems from the point of view of management itself, and by management we here mean top management. That is, we shall mainly be concerned with the growth problems of the individual firm, and with the management policies related to these growth problems.
Furthermore, we shall mainly consider the indigenous industrial firms. Subsidiaries of foreign companies and joint foreign and local ventures will only be brought into the picture with reference to their general influence on management practices. In spite of the fact that they may be of considerable importance for the industrialization process, under certain circumstances, we shall not be able to go into their special problems.
KeywordsManagement Policy Family Firm Trade Credit Unskilled Labour Underdeveloped Country
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