Management and its Role in Market Economy

Talent and determination of managers, their ability to react to change and adapt their destinies for better or for worse, is ultimately the essence of managerial success expressed by quality and productivity. The performance evaluation process of producing goods and services, productivity is always placed at the crossroads of economic and social. Managers at all levels of responsibility can keep afloat in an ever changing environment. The division of labor is the separation of a distinct component activities and their distribution as tasks to be performed by individuals and/or groups of specialists. Traditional authority is defined as the right to control the power to make you self heard. Business process management in all phases is the process that determines its objectives and embedded subsystems, resources and processes needed for their work and their contractors, which integrates and coordinates the work of staff using complex methods and techniques to achieve the most effective for reasons that have led to the establishment of that organization.