Accounting & Marketing

ISSN: 2168-9601

Open Access

The Role of Business Management with historical and global perspective


Iqbal Shaukat*

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 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 in 1908. In 1916 university of Chicago started the Doctorate (PHD) program. 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. We can conduct the SWOT analysis in which we can analyze the strength and weakness with the help of business management. We can analyze the market situation with the best practice of business management.


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