This preview shows page 1. Sign up to view the full content.
Unformatted text preview: f. Managers are responsible to many groups such as shareholders, employees and society. A regulatory code may curtail their freedom. g. Managers are known by their performance and not mere degrees. h. The ultimate goal of business is to maximize profit and not social welfare. That is why Haymes has rightly remarked, The slogan for management is becoming - He who serves best, also profits most....
View Full Document
This note was uploaded on 11/25/2011 for the course MANAGEMENT mg101 taught by Professor - during the Fall '09 term at Montgomery.
- Fall '09