Poznań, Poland

Production Management

Zarządzanie produkcją

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Production Management at Merito Poznań »
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⇑Production Management at Merito Poznań

Language: Polish Studies in Polish

University website: www.merito.pl/english/poznan

⇑Definitions and quotes

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.

Wikipedia

Production

Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.

Immanuel Wallerstein (1979) The Capitalist World-Economy. p. 15.

Wikiquote

Production

But if capitalism had built up science as a productive force, the very character of the new mode of production was serving to make capitalism itself unnecessary.

John Desmond Bernal (1959) Marx and Science. p. 39.

Wikiquote

Management

Poorly managed corporations, disorganized businesses, and badly led service agencies experience crisis daily and most will eventually fail. In contrast, the danger is to well organized, smooth running institutions that may not recognize a building crisis. Too often, sound organizations rely on their normal modus operandi to pull them through a crisis. It might. But at what cost? And what if it does not pull them through?

Wheeler L. Baker, Crisis Management: A Model for Managers (1993), p. 6

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