An Approach To Business Problems - Softcover

Arch Wilkinson Shaw

 
9781314172928: An Approach To Business Problems

Synopsis

An Approach To Business Problems by Arch Wilkinson Shaw. This work presents a unified framework for understanding and solving business problems by classifying all activities of a business into three broad groups: production (which changes the form of materials), distribution (which changes place and ownership), and administration (which facilitates both production and distribution). Shaw argues for a systematic, repeatable method of problem solving built on four steps: (1) eliminate the personal equation, (2) break the problem into its constituent parts, (3) list the factors involved, and (4) adopt a fresh point of view. The book emphasizes interdependence and balance among the three major activities and introduces a managerial stance that is detached from routine detail yet able to oversee the entire enterprise. It surveys the three-part structure in depth: Part I covers the problems of production (location, construction and equipment of the plant, materials, labor, and organization); Part II addresses the problems of distribution (demand creation and physical supply, including advertising and the combination of agencies); and Part III treats the problems of administration (plant and operation policies and the external problems of business). The Introduction and Prefaces draw on economic theory, the history of management, and practical industrial experience, including illustrative cases such as a silverware plant relocation and a drain tile plant, to show how systematic analysis can yield more effective, balanced decisions. The work also expands its scope to external public policy, urging managers to engage constructively with public opinion, legislation, and societal expectations. It remains a landmark argument for integrating production, distribution, and administration into a coherent approach to business problems.

"synopsis" may belong to another edition of this title.

Other Popular Editions of the Same Title