Management to Serve the Masses | Bureaucratic vs. Profit Management

1 year ago

#economics #management #bureaucracy

There are two methods of management, bureaucratic and profit. Only one method of management is for peaceful cooperation. That is profit management. Bureaucratic management only serves the public superficially. It’s based on rigid adherence to decrees from the overlords. Under profit management, it’s their responsibility to provide the best products possible. They will go out of business if they fail in this endeavor.

Profit management has been trending towards bureaucratic management. This is not inherent in the profit management system. This is a result of government interfering with business operations. This is a result of policies designed to eliminate profit. In other words, this is a result of policies designed to lower your standard of living. Profit is a result of producing better and more goods. Eliminating this will eliminate the best products.

Read More: https://mrdevinney.com/management-to-serve-the-masses/

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