Alfred Marshall on Management
Reitaku Journal of Economic Studies, Vol. 13, No. 2, Reitaku University, Japan, 2005
41 Pages Posted: 18 Aug 2013 Last revised: 25 Aug 2013
Date Written: September 15, 2005
This paper examines Alfred Marshall's theory of organization and business management, and explores the significance of his wisdom and foresight. Despite considerable research on Alfred Marshall’s economic theory, little attention, among economists in particular, has been given to his theory of organization and business management. This paper focuses on his theory of undertaker, business power, business organization, and economic chivalry, and discusses the modern implication of his theory.
Keywords: Undertaker, Business power, Business organization, Economic chivalry
JEL Classification: B10, B13, B30, B31, L20, L21, M10, M13
Suggested Citation: Suggested Citation