Explaining how and why the world’s countries differ is fundamental in appreciating and managing expectations in addition to identifying the obstacles frequently faced by managers. The differences can be language, cultural, political, ethics and common business protocols. The way to overcome and be successful in managing internationally is to increase the awareness that there are differences; appreciate the differences and their significance in business; and, formulate strategies for managing those differences in the context of business.

The ability to manage internationally is determined by the way the organization is designed and structured. This is partly driven by economic and logistical considerations; and conversely the entry strategy into a market also dictates how the organization is designed and managed. Managing marketing, human resources, research and development are all significance functions of managers and its success will be dependent on the informed decision-making capabilities of the modern manager.

Current management principles are strongly influenced by motivational and behavioural leadership theories, scientific management practices, and the impact of external global, technological, and social forces.

Principles of Management is a survey course, which traces historical sources and the development of key theories on business organization, management processes and practices from the beginnings of organising labor to current thought.

This course challenges students to go outside their current business organisations to examine the historical, social, political, and economic forces which influence both present and future management structures, processes, and issues. And it asks them to reflect on how the present world of  business aligns or departs from these management precepts.