EN

CS

DE

PhD

MBA

Study in Europe

Prague, Czech Republic

Institute of Chemical Technology, Prague

Company Management and Economics

Řízení a ekonomika podniku

Language: Czech Studies in Czech

Subject area: economy and administration

University website: www.vscht.cz

Years of study: 3

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

Wikipedia

Management

Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.

Wikipedia

Management

The brutality of a man purely motivated by monetary considerations … often does not appear to him at all as a moral delinquency, since he is aware only of a rigorously logical behavior, which draws the objective consequences of the situation.

Georg Simmel, “Domination,” On Individuality and Social Forms (1971), p. 110

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Economics

The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.

L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.

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Management

Management of many is the same as management of few. It is a matter of organization.

Sun Tzu (c. 6th century BC) The Art of War

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