Bewertung des Arabian Journal of Business and Management

Role of Business Management in the Business World with Past and Present Perspective

Abstract

Iqbalshaukat Iqbal

Business management is the integral part of our corporate world. Success full business can be run only with the help of business management. In the early age man doing the business for earning and necessity With the passage of time the man regularized the all the trade.in eighteen century many business institutes came in being.in 1819the first business came in to being in France In 1857in hungry Budapest.in USA The Hass Business school came Into being in 1898 in university of California and Watson school came in to being in Pennsylvania USA 1898.The Harvard university established started master’s program and establish research center regarding the Business management studies in1908.In 1916 university of Chicago started the Doctorate(PHD) program In 1946 first business school in Indian state Jharkhand In the 17&18 Century colonization of various part of world expended by few countries Many multinationals was established during the eighteen century For example Nestle, Lever Brothers, City, Colgate, and Barclay The role of business is very important in various ways We can make planning with the Tool of master, increment, Capital budget With the practice business management With the help of practice of business management we can scan the idea easily and development of product according to need of time period With the best practice of business management we can run every system effectively which is introduced in market for the innovation and development such as ERPS.